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Overview of the KPM porcelain market. Assessing the porcelain market is quite a challenging task. Many factors influence pricing: the time of creation, its uniqueness and rarity, the quality of the painting, and, ultimately, its condition. As is known, for market analysis, many collectors rely on the catalogs of Western auction houses. However, auction appraisal is not an absolute indicator of prices, as the auction is a third party. Most items are sold and bought, as a rule, by dealers who are more than willing to invest money in good items. Often, items purchased by a dealer will be resold to collectors at a much higher price, one that you won’t find in any catalog! In recent years, interest in art objects has noticeably increased in Russia. In any country experiencing rapid economic growth, quite affluent individuals emerge who, after making money and satisfying all their primary needs, turn their attention to art objects. Initially, large antique buyers join the ranks of these affluent individuals.Here is the translated text in English:
"Into the mix came Arabs, Japanese, and not long after, Indians, followed by Russians. Europe is currently on another trendy wave—this time, it’s the Chinese wave. The 'new' Chinese are literally buying everything that they think could fit into the interiors of their mini Versalles! In a short period, there has been a significant 'clearing out' of the antique market, with a colossal number of items disappearing. A significant role in this has been played by the numerous tourists who, while traveling through European countries, would buy a cup or a plate to remember their trip, especially since porcelain prices 10-15 years ago were of a completely different order. Now, even in Vienna, it is impossible to buy scenic cups—not to mention those from the Vienna manufactory; even cups 'of the type of Vienna' have disappeared! The same situation exists in France and Germany, let alone Russia. If in the 1990s, the supply on the Russian antique market far exceeded demand, the situation has now changed drastically. To add a good piece to your collection is a rare and very costly stroke of luck. On one hand, considering the volume of production, KPM porcelain is a common presence in the antique market. On the other hand, rare and unique items with high-quality painting are not often found and are highly valued. Just a few years ago, the price of ordinary cups was 300-500 euros. Now, in the European market, the price of an ordinary cup ranges from 1000 to 3000 euros. The price of a highly artistic cup with complex architecture (with masks, sculptural elements, etc.) and excellent painting can vary from 5000 to 15,000 euros. It is worth mentioning the cups dedicated to the Treaty of Tilsit of 1807, decorated with portraits of Alexander I and Napoleon, as well as a series of cups commemorating the battles of Leipzig and Waterloo, decorated with portraits of monarchs from the countries whose troops participated in them. Before the conquest of Prussia by Napoleon I, a small series of paired cups was also released, featuring portraits of Alexander I and his wife, Elizabeth Alexeievna. These items are undoubtedly rare, and their price can start from 25,000 euros."I can say that over the last 15 years, cups from the mentioned series have not appeared at European auctions. The price of Berlin ordinary plates today ranges from €1,000 to €2,000 per piece. The cost of a topographical plate can be anything from €3,000 to €15,000. Plates with narrative painting (from 1790 to 1840) can be valued at €10,000 and up. Meanwhile, fashionable and currently popular "military" plates are being sold at European auctions for prices ranging from €10,000 to €40,000, depending on their condition and date of creation. The price for vases around 30 cm tall is €5,000 to €10,000, while those around 50 cm tall range from €20,000 to €50,000. Vases over 70 cm can cost from €50,000 to €150,000. For example, at a spring auction in Berlin, a 70 cm tall vase was sold for €130,000. It is natural that prices for KPM porcelain will increase over time. As in any business, they in the antique market depend on supply and demand. Since the demand for porcelain is steadily rising (this applies not only to Berlin porcelain, but to porcelain in general), over time there will be fewer items available to satisfy this demand. I do not encourage everyone to invest in art; there are many other fields for capital investment that provide faster and more predictable profits. Speculation is also possible in the antique market. However, the best investor is a serious collector. To invest money in porcelain, one must possess deep knowledge, have a good consultant, and long-term plans. Yet even this does not always guarantee quick success, as market conditions can depend on subjective factors, such as trends, for example. To objectively assess profitability, at least 5 to 10 years must pass. It is quite possible that a KPM plate purchased in 2022 for €5,000 could double or even triple in value over 10 years.
Lot location Moscow ( 77 )
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Royal Porcelain Manufacture of KRM
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