Classical furniture market and rosewood furniture appreciation

Last year, the classical furniture market started again. Huanghuali Furniture successfully interpreted the myth of “Crazy Wood”. A “Ming Dynasty Royal Palace Huanghuali Chair” was sold in the autumn auction for RMB 62 million, becoming the current Chinese classical furniture auction. The highest price; and surprisingly, the rosewood furniture, which has always been known as the "king of the wood", has been relatively stable last year and has no eye-catching performance.

Mr. Ma, a classical furniture manufacturer in Beijing, told the reporter: “In the 1990s, the appearance of Huanghuali furniture was not new, because the stock of Huanghuali furniture is relatively large, and the folk use is also very extensive; but if the furniture of the rosewood is affirmed It is a rare thing, and most of the rosewood furniture is made by the Qing Palace. It is not very common."

Rosewood, huanghuali, wenge, and ironwood are also known as the four famous ancient Chinese woods. In classical furniture, the most expensive rosewood is preferred, followed by huanghuali. Therefore, industry insiders expect that rosewood furniture is likely to show up this year.

Two major factors dominate the appreciation

With the fiery heat of the classical furniture collection market in the Ming and Qing Dynasties, the classical furniture market will continue to rise in the future is the general judgment of the market. The red sandalwood family is expected to have better value-added performance this year, mainly driven by two major factors. First, the rosewood furniture is scarce. Under the influence of the huanghuali and rosewood furniture prices, it is possible to increase sharply. Secondly, it is the preference of the emperor in the Qing Dynasty to the red sandalwood, making the most of the rosewood furniture belong to the court royalties, relatively traditional. Classical furniture has a greater expectation of appreciation.

"The golden rosewood in the wood is like jade". Due to its scarcity and beautiful craftsmanship, the rosewood furniture has always led the market in the classical furniture market, second only to the golden silk wood products. However, since 2010, the leading position of red sandalwood has been challenged in the domestic primary and secondary markets. In the primary market, the huanghuali offer is significantly ahead of the red sandalwood. According to Fujian's mahogany furniture faucet even Tianhong April 1st quote, Vietnam huanghuali 4499 yuan per kilogram, and lobular rosewood 2899 yuan per kilogram. In the secondary market, last year's Jiadeqiu's "Qinglonglong Huanghuali Yunlong pattern four-piece cabinet pair" was sold for 39.76 million yuan, refreshing the 2008 Jiadechun film "Qinglong Long·Red Sandalwood Waist Passionflower Bogu Tutu The Arhat bed has a record of 32.48 million yuan.

Kong Chao, an auction supervisor at the time of auction, said: "The huanghua pear itself has a large stock, and after a variety has a number of supports, it is easier to speculate on the price. The stock of rosewood furniture is very small, and the auction house is difficult to collect, so the market starts. It’s late than huanghuali,” he added. “It’s also because the amount of rosewood furniture is absolutely small, and its scarcity determines the value, not because of hype. This determines the possibility that the price of rosewood furniture will rise sharply during the auction. Bigger, and the possibility of falling is very small."

The furniture manufacturer Mr. Ma also said: "The stock of Huanghuali furniture is large, the sellers are willing to push hard, the market attention is naturally high; the amount of rosewood furniture is small, the propaganda is small, so the momentum is not so big." However, he also stressed that " Of course, it cannot be said that the red sandalwood must be more expensive than the yellow pear, and the specific value depends on the specific collection."

Secondly, the collection value of rosewood furniture is reflected in its court attributes. Kong Chao said: "The palace royal system makes the rosewood furniture have unique historical and cultural value. These ancient artifacts in China are very common, but once they are favored by the emperor, they will be worth a hundred times. The same is true of the rosewood furniture. The preference directly promotes the craftsmanship of the rosewood furniture and thus creates a unique collection value."

Classical furniture market is not hot

In 2010, the classical furniture market was hot, and several special auctions of Jiade and Zhengda were frequently reported. This spring, the market's enthusiasm for classical furniture is more obvious. The major auction houses are gearing up in this field. At the time of the spring, this spring auction first promoted the "court furniture special" with rosewood furniture, and Guardian pushed the "Huanghuali furniture special" after last year, and Poly will also hold "Overseas Tibetan Classical Furniture Nights" to join in the fun. . It is understood that a pair of "Qinglong Qianhuang red sandalwood carved cloud bat bookcase" launched by the time is expected to create a record of the palace furniture auction.

Mr. Ma told reporters: The unique charm of classical furniture collection and investment is that you can spend 100,000 yuan to buy a piece of classical furniture. After playing for a while, even if you sell it for another 100,000 yuan, you will feel that you got it. a lot of. He also said: "The beauty of the rosewood furniture is that the carving is exquisite. Because the wood is tight, the carving can be very complicated and more in line with the modern aesthetic; and most of the rosewood furniture is the palace product, which also determines the level of the rosewood furniture. Be higher."

Kong Chao said: "Now, the demand for classical furniture is strong. Classical furniture has collectible value on the one hand, and has practical functions on the other hand, which can be handed down. Many people are concerned about the role of maintaining and increasing value in this field, so they are widely concerned by the market. ”

In addition, it is worth noting that in the international auction, the transaction record of rosewood furniture also verified its collection value. According to the reporter's understanding, in 2009, Hong Kong Sotheby's Autumn Auction, a "Qing Qianlong · Royal Rosewood Carving Eight Treasures Moire Water Wave Yunlong Throne", was sold at an auction price of 85.78 million Hong Kong dollars, creating the Chinese furniture world at that time. Auction record. As early as the 1994 Sothby auction in New York, an 18th-century rosewood table was photographed for $35 million and is now housed in the Kansas Museum.

TIPS

Preferred red sandalwood

1. Large wood: The red sandalwood rarely produces an anise, and there is a saying of "ten sandal nine air". Therefore, the larger the material of the rosewood furniture, the more rare it is. At the same time, the whole material is made, and the patchless rosewood furniture is the best.

2. Craftsmanship: “Red sandalwood heavy work”, pursuing the exquisite and exquisite carving, the craft level is much more important for the rosewood furniture than the Huanghuali furniture.

3. Age: At present, the value of rosewood furniture in Qianlong period is the highest, because the craft level of this period is higher, and Qianlong's unique aesthetic taste is more in line with modern aesthetics.

4. The appreciation of the complete set of collection space is larger: the furniture collection pays attention to the pair and the complete set, so the whole collection is more valuable.

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