"The art world is dominated today by stories about spectacular multi-million dollar sales of contemporary artworks at shows and auction houses. Yet the market for ancient and ethnographic artworks has no such lofty expectations. There are far fewer important ancient artworks offered at auction in the US than just a decade ago, and there are fewer foreign exhibitors (or even American galleries) willing to show at major antique fairs in New York.
Already, US authorities’ aggressive seizures of artworks from long-held collections and the unprecedented number of prosecutions based upon foreign laws that nationalize virtually all antique artworks have made art dealers, collectors, and museums hyper-cautious. These enforcement actions threaten to end the once-dominant New York market in global antique and tribal art....Objects that can be proven to have been collected before 1970 are categorized as “good” for marketing, collecting and museum acquisition purposes. Objects without proof of collection date or collected post-1970 are “bad.”"
Quoted from this article, please read: Click here.
Jul 30, 2018
Trump Administration Proposed Tariffs on Chinese Art & Proposed Extension of Existing MOU.
The importing of Chinese art from China has been regulated since 2009 by a Memorandum of Understanding (MOU) that is set to be renewed soon, through 2024. It is my opinion, and that of many other experts and commercial & non-profit institutions in the U.S., that this ban is not appropriate. The ban covers virtually all items through the Tang Dynasty and wall decoration and monumental sculpture more than 250 years old.
See the discussion on why this MOU should not be renewed posted by Cultural Property News here.
In addition, "ordinarily, there are no customs duties on art or antiques. It is considered in the public interest to bring art and literature to the U.S., so in the past, no duties were imposed on foreign art or books. The Trump administration is changing that, at least for art and antiques from China. This is one of the more bizarre stories in the tariff saga, since a tariff on antiques will please the Chinese government and reinforce its global dominance and monopoly on Chinese art. Artworks, antiques, and historical and archaeological collections are included in the Trump administration’s proposed 10% retaliatory tariff on an additional $200 billion of China imports....it is clear that the proposed tariff on Chinese art only punishes U.S. collectors, dealers, and art museums – not the Chinese, who requested import restrictions on art and antiques up to 1912 in the first place!" (quoted from Cultural Property News July 19, 2018).
The article includes a link on how individuals can comment on these proposed tariffs, which must be received by August 17, 2018.
See the discussion on why this MOU should not be renewed posted by Cultural Property News here.
In addition, "ordinarily, there are no customs duties on art or antiques. It is considered in the public interest to bring art and literature to the U.S., so in the past, no duties were imposed on foreign art or books. The Trump administration is changing that, at least for art and antiques from China. This is one of the more bizarre stories in the tariff saga, since a tariff on antiques will please the Chinese government and reinforce its global dominance and monopoly on Chinese art. Artworks, antiques, and historical and archaeological collections are included in the Trump administration’s proposed 10% retaliatory tariff on an additional $200 billion of China imports....it is clear that the proposed tariff on Chinese art only punishes U.S. collectors, dealers, and art museums – not the Chinese, who requested import restrictions on art and antiques up to 1912 in the first place!" (quoted from Cultural Property News July 19, 2018).
The article includes a link on how individuals can comment on these proposed tariffs, which must be received by August 17, 2018.
Jul 5, 2018
What Can I Do with My Ivory?
The U.S. Fish & Wildlife Services has a good, clear information page about their regulations regarding trade of ivory and other endangered species materials. Please follow this link.
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