Insider information about Aboriginal, Asian and Western art
May 2012
Into the Light (left) and Candle Image (right) by Asian artist Karuna Panumes (Thailand)
The information on the auction sales successes in Asia appears to be never ending... much like the heat in Bangkok!
We were in Indonesia last week and pleasantly surprised that it has truly moved ahead of its southern neighbour Australia in the turnover of its own art at auction. It is the first time this has happened and is an indication of a trend as to the huge growth of Asian art in general and, more specifically, Southeast Asian art, both in Asia and further afield.
The recent sales of Southeast Asian art in Hong Kong were strong, despite the overall pessimism in the Euro zone and in the US. Asia seems to be looking inward for its momentum, as much as relying on international buyers, as is evidenced by the large number of high value sales to Asian-based collectors.
New museum – In addition to this momentum, a privately owned public gallery opened in Bangkok, Thailand: the Museum of Contemporary Art.
At in excess of 20,000 square meters, it is a significant space on the Thai, Asian and world art scene. I was fortunate to have a preview earlier earlier this year and I can confirm that the gallery itself is quite spectacular, rivalling many national galleries in size. The artwork is all by Thai artists and some of the works, collected over the last 30 years, are absolutely spectacular.
asart artists – Of our artists, four are moving ahead particularly strongly, with international demand increasing:
Free passes (the giveway is now closed) – So it's now off to the San Francisco Fine Art Fair: 17 to 20 May. If you are in the area, please take advantange of the free VIP passes we are pleased to offer you (print and take them to the event):
Until next time, happy collecting.
Anthony Smith and the asart team
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Anthony Smith has been invited by Art Antiques Design to share his expertise about art in a series of articles:
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