Integrity vital for China's art auction market[
She said Epailive.com only cooperates with first level, second level and some third level auction companies domestically.
The company's newest measure is to team up with the Association of Accredited Auctioneers (Triple A). The association, set up last year in the UK, is made up of 21 auction house members, some of which have a history of 200 to 300 years.
Seth Freeman, committee member of A.H. Baldwin & Sons Ltd, a numismatic auction house in the UK, said at the International Auctioneers Forum that a company could not last more than 150 years without being honest. The auction house dates back to the year of 1872 and is one of the 21 members of the Triple A association.
Beijing-based Huachen Auctions Co Ltd will hold the country's first free port auction on April 21 in Xiamen, Fujian province and will put on auction 350 lots of antiques collected by the Triple A association.
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- China experiments with duty-free art auction
- Art gains popularity as passion investment
- Falling sales paint a bleak picture for China's art market
- Chinese slump dents global art market in 2012
- China art auctioneers eye slice of HK market
- Art market sees a different picture
