Friday, November 25, 2011

Chinese Auction Houses to US State Department and AIA: Suckers!

The Art Newspaper has reported that China Guardian, a well respected Chinese auction house that sells Chinese antiquities and ancient coins, is to open a New York Office.

For now, China Guardian plans to use its office to drum up consignments for its auctions in China, but it is not foreclosing the possibility that its longer term plans may include establishing a presence in the US Market.

Of course, China Guardian will no doubt be able to use its excellent contacts with the Chinese Government to ensure that it secures export permits for any artifacts it might choose to sell abroad.

While China Guardian will no doubt execute its plans quite successfully, one must consider that any success it may achieve will likely be largely based on the competitive advantage it will have over Sotheby's and other US Auction Houses, all courtesy of the US State Department Bureau of Educational and Cultural Affairs and its moronic import restrictions on Chinese archaeological artifacts.

One must also wonder whether the AIA and all those self-righteous archaeologists that strongly supported a MOU with China now realize all they have done is to help allow the Chinese themselves to corner the market in Chinese artifacts.

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