I have a thousand suites in Shenzhen

Chapter 245: Increased 8 times in 400 years

In November 2010, an internationally renowned auction company launched for the first time in the 11 autumn auction, a special sale called "Simple and Meaningful - Ming-style Huanghuali Furniture Boutique". This is also the largest Ming-style auction in China to date. Special auction of Huanghuali furniture.

After the 61 lots of "high-quality products" were unveiled, the buyers who were looking forward to them were not disappointed, and the auction results also did not disappoint the sellers and auction companies.

This Huanghuali special sale not only achieved a "white glove" result (100% of the lots were sold), but the total transaction price was as high as 2.59 million yuan, with an average price of more than 400 million yuan per item.

Among them, a "Ming Huanghuali Cluster Cloud Pattern Horseshoe Legs Six-Post Canopy Bed" was sold at a high price of RM 4312 million, setting a new record for the highest auction price of Huanghuali furniture and becoming "the most expensive bed in history."

In addition, a "pair of four large cabinets with huanghuali and dragon patterns from the Qianlong period of the Qing Dynasty" was also auctioned for 3976 million yuan, becoming "the most expensive cabinet in history."

While collectors and onlookers were still swooning over this, the highest auction record for Huanghuali furniture was quickly refreshed.

On December 2010, 12, at a major auction company in Jinling, in the 12 autumn auction dedicated to Ming and Qing furniture, a "Huanghuali chair made by the imperial court of the Ming Dynasty" finally sold for 2010 million yuan, and the total transaction price including commissions Nearly 6200 million yuan.

This top chair not only became the veritable "No. 1 chair" in history, but also set a new world record for Huanghuali furniture auctions. Of course, it also undoubtedly became the highest price paid for Chinese classical furniture at auction.

In the entire Ming and Qing furniture auction, the total transaction value of 60 lots was as high as 2.08 million yuan, with a transaction rate of 95%.

This new record and the total transaction should make a certain university in Jinling, who went to Beijing for the first time to dig gold, "very happy". Facing the Beijing market that has repeatedly set records for classical furniture auctions, a university in Nanjing, which specializes in classical furniture auctions, made this big move " "Come in" is also expected.

"If you sell it in Jinling, you may not get this price." A senior Huanghuali collector said with deep feeling.

"After all, whether it is the concentration of buyers or the overall strength of buyers, Beijing is second to none in the country."

"This Ming Dynasty huanghuali iron and silver chair is the largest and oldest one we have seen so far, and it belongs to a museum-level collection." The manager of a classical furniture department in Jinling told reporters.

"In furniture collection, the chair is one of the most sought-after objects, and this chair is made of huanghuali aniseed material. Huanghuali is slow to mature. The raw material of huanghuali required to make such a chair has a long period of maturity. It is estimated to be more than 800 years old, or even thousands of years old."

The chair is actually a "mazha with a backrest". It was originally used by the ancients for marching, hunting, and outdoor outings. Later, it gradually evolved into hall furniture and was used as a seat for occasions. We often say that heroes are ranked according to their seniority, which is derived from this, which shows their noble status in furniture.

Later, there was no need to "fold" the high chair in the hall, so people changed it into the four straight legs of a conventional chair, which became the more common "arm chair" later.

"Because they are often folded and used and are easily damaged, the number of chairs handed down from generation to generation is very small. Very few Huanghuali chairs from the Ming Dynasty survive. The most optimistic estimate is that there will be no more than ten in the world."

The most important factor why Ming and Qing huanghuali furniture performed well at auction in the autumn of 2010 was the scarcity of its resources.

“The royal family’s love for huanghuali products in the Ming Dynasty led to a large amount of logging of raw materials. By the end of the Ming Dynasty and the beginning of the Qing Dynasty, the sea huanghuali wood species was on the verge of extinction.

In the following hundreds of years, due to historical reasons, 70% of domestic huanghuali furniture was lost overseas. The few remaining huanghuali in Qionghai Province were mostly made into furniture, tools or houses by the people. The aniseed is almost hard to see. "

Although the price of Ming and Qing huanghuali furniture "jumped several levels" in the autumn auction of 2010, many collectors told reporters that this is still a "price return" because the price of "old" huanghuali furniture is actually Always underestimated.

"Classic furniture, especially huanghuali, has always been a strange phenomenon in the industry, that is, old products cannot be sold as new products, and new products cannot be sold as logs."

In the market, it is quite common for the prices of huanghuali wood and furniture to be upside down.

“The money from selling a set of furniture cannot buy back the raw wood needed to make the same type of furniture.” A boss of Vietnamese huanghuali furniture told reporters.

Because huanghuali wood matures very slowly, it takes at least 500 years before it can be used as log wood for furniture.

The production of huanghuali furniture began in the Ming Dynasty, and the golden age lasted more than a hundred years from the early Qing Dynasty to Qianlong. After Jiaqing, due to the sharp decrease in huanghuali wood, it was almost extinct and was almost no longer produced.

Huanghuali wood grown in the Qionghai area of ​​China has the best quality, and of course the highest price. In addition, Vietnam and other places also produce huanghuali wood, but the quality cannot be compared with Haihuanghuali. The two are different in color, smell, texture, etc. The price difference between the same style of "Yuehuang" and "Haihuang" furniture The highest can be close to 1:10.

However, since Hainan huanghuali has almost disappeared, Vietnamese huanghuali is currently considered to be the best quality among huanghuali. And as early as the early Qing Dynasty, businessmen began to use "Yueli" as "sea pear".

"New huanghuali furniture is generally made of Vietnamese huanghuali. Due to the scarcity of raw materials, and in order to protect the ecological environment, the Vietnamese government has begun to restrict the severe logging of raw materials, formulated corresponding measures, and increased the export tariff of Vietnamese huanghuali. The tariff per kilogram has reached more than 100 yuan.

The price of raw materials and labor costs have increased, and of course the price of finished products has also soared. "

Market conditions at the end of 2010 showed that each ton of Vietnamese huanghuali selected materials reached nearly one million yuan, while the price of plate products reached 200 million to 300 million yuan per ton, an increase of four to five hundred times in eight years.

In fact, the price of sea huanghuali increased 2002 times in 2010 years from 8 to 400.

In 2002, the price of sea huanghuali was only 2 per ton. Now in 2010, the price of sea huanghuali has risen to 800 million per ton. Needless to say, aniseed sheets.

Since the market price of new huanghuali is relatively fast, some ordinary products of "old" huanghuali are even less expensive than "new" huanghuali. "However, once the cultural and historical value of old huanghuali is discovered, its potential for collection and appreciation cannot be underestimated."

"2011-2012 may be the year when Ming and Qing classical furniture, especially huanghuali furniture, has the strongest growth momentum. Ming and Qing huanghuali furniture is likely to become another collection boom after the collection of calligraphy, painting and porcelain."

There are three main driving factors: first, the previous price has been underestimated; second, with the popularity of antique collection, more and more collectors have begun to favor classical furniture culture; third, if collectors collect fine calligraphy and painting and Porcelain also needs matching Ming and Qing classical furniture for display and display.

This will gradually form a huge collection, and the price will continue to rise.

Although the sky-high prices can be expected, it is currently very difficult to collect Ming Dynasty huanghuali furniture. “Collectors are not willing to sell it easily, so they can only go overseas to collect it and return it to China.”

For investors, in the long run, items with scarce resources are worthy of investment at any time, but there must be three criteria: first, look at the material, second, look at the style, and third, look at the craftsmanship. Only collections with a perfect combination of these three have the highest yields.

However, the current price of huanghuali is far beyond the reach of ordinary investors and ordinary people. Therefore, it is recommended that ordinary buyers choose red rosewood for their collection of classical furniture from the Republic of China.

The annual yield rate of rosewood generally increases at a rate of 20% to 30% per year. Because classical furniture has the value of both collection and use, it has gradually entered the homes of ordinary people. Experts generally predict that Huanghuali may become completely extinct in another five years. Although the headline "20 billion hot money goes south to sweep up Huanghuali" is often seen in newspapers, it is almost foreseeable that "there is no speculation" for Huanghuali. So where is the next "Huanghuali"?
Many people in the classical furniture industry believe that red rosewood is expected to become the second huanghuali. The current price of red rosewood is only one-fifth to one-quarter of that of Vietnamese huanghuali, and there is greater room for growth.

Even so, red rosewood is a species that has already "risen".

Nowadays, because huanghuali, red sandalwood, and rosewood furniture are generally recognized for collection, the price will remain high.

In the next few years, beech and golden nanmu furniture with the cultural characteristics of Ming and Qing classical furniture will also be loved by collectors and deserve the attention of collectors and investors.

Their current prices are relatively low, and they may be accepted by the majority of people who love traditional culture in the future.

Yi Anguo knows the price trend of Haihuanghuali in the future. Of course, he will not worry that these large Haihuanghuali furniture will be smashed into his hands and cannot be sold. The current price is high, and the price will only get higher and higher in the future. .

Unlike Laos rosewood and Indian rosewood, although these two types of wood will be very expensive in the future, their scarcity is far worse than that of sea huanghuali. As long as you have money, you will not have to worry about not being able to buy raw materials.

As for sea huanghuali wood and Vietnamese huanghuali, it will be difficult to buy raw materials if you have money in the future.

You can still buy some Vietnamese huanghuali now, so Yi Anguo still asked Yi Xiaolin to continue to buy Vietnamese huanghuali. After all, it is equivalent to the price in the future. The current Vietnamese huanghuali is still relatively cheap.

“There are fewer and fewer Vietnamese huanghuali now, and the price has increased many times. The better materials cost more than one million per ton, and some aniseed materials and sheet materials cost up to 2 million per ton. "Yi Xiaolin said again.

"Domestic sea rosewood is hard to find. As the only Vietnamese rosewood that is close to sea rosewood, it is normal for the price to rise." Yi Anguo said.

"Vietnamese huanghuali will become increasingly scarce in the future, and the price will become higher and higher. It is very likely that it will rise to tens of millions per ton."

"So of course we can't give up now and continue to purchase Vietnamese huanghuali. As long as the price is right, we can collect as much as we can."

"You can make money if you buy it now, but it will be more difficult to buy it in the future."

"Aren't we cooperating with the Guo brothers? How is the situation now? Are we continuing to cooperate?"

Yi Xiaolin said quickly: "Our cooperation with the Guo brothers has been continuing. The Guo brothers are responsible for acquisitions in Vietnam, and we receive the Vietnamese huanghuali they purchased from Vietnam at market prices."

"That's it. In addition to continuing to cooperate with the Guo brothers, you can also go directly to Pingxiang, trade with Vietnamese timber merchants, and purchase Vietnamese huanghuali directly from them."

Yi Xiaolin nodded and said: "I see that there are many merchants in the market using Vietnamese huanghuali as Haihuanghuali. Do you think we should do the same?"

"The price of the furniture we make using real sea huanghuali wood is too high and cannot be sold at all. If the price is low, it is not cost-effective. If we use Vietnamese huanghuali to pass it off as sea huanghuali, then we can price it lower. And make more money.”

"Others are others. We must not do this. This will ruin our reputation. How will consumers trust us in the future?" Yi Anguo said decisively and seriously.

"The reason why our sea yellow rosewood furniture is priced so high is because I asked you to price it like this on purpose. You don't have to worry about the sea yellow rosewood furniture not being sold in the future."

When he arrived at the warehouse where valuable wood was stored, Yi Anguo felt particularly happy looking at the mountains of valuable wood.

The most expensive and valuable of these woods is of course the Neptune Rosewood, but there are not many Neptune Rosewoods. This is because Yi Xiaolin and Yi Xiaoman were very lucky back then and found a Li ethnic minority village in the mountains. Unexpectedly, A lot of sea yellow rosewood was discovered.

But including some old furniture and farm tools, it's only about 800 tons.

Eight hundred tons may not seem like much, but now it's hard to find several tons, or even almost impossible to find.

The country's annual import of Vietnamese huanghuali from Vietnam is only a few hundred tons.

The key is that the price for purchasing these sea huanghuali is very low! It was so low that it was no different than picking it up for free, but we still spent 2000 million donations to help the villagers build a winding mountain road out of the village.

If the 2000 million yuan had not been spent, the cost price would have been even lower.

All the costs added up were less than 5000 million. In the eyes of the villagers, Yi Xiaolin and the others were considered very generous!

Yi Xiaoling and Yi Xiaoman not only built winding roads out of the mountains for the villagers, but also built new houses for the villagers and gave them furniture and electrical appliances as gifts.

They had no choice but to demolish all the old wooden houses. In exchange, they helped the villagers build new houses, bought new furniture for the villagers, replaced their old furniture, and also gave away electrical appliances for the whole house.

In the eyes of the villagers, they are good people and the gods of wealth, but they don't know that the boss behind them, Yi Anguo, has made a lot of money.

The actual money spent on purchasing sea huanghuali wood was not much, and most of it was used to help villagers build new houses and buy furniture and home appliances. and building asphalt roads.

Yi Anguo suddenly thought about whether he could also take the auction route. Although the sea huanghuali furniture he had was not a collection of antique furniture, even the old sea huanghuali furniture he had collected was antique furniture, but the workmanship was also the same. It's very rough. After all, the Li people's cottage life is like living in seclusion in the mountains. How can the furniture be so exquisite? Just be practical.

But the sea huang rosewood made with modern technology is quite good to imitate Ming and Qing furniture. Except for the difference in patina, it can be said that it is not inferior to those real Ming and Qing furnitures at all.

As for patina, there is no way to do it. It must go through the precipitation of years. New furniture and old furniture can be seen at a glance, and you can't fake it even if you want to.

However, sea yellow rosewood furniture made with modern technology also has great collection value. Not to mention how valuable the furniture is, just the old sea yellow rosewood material is so valuable.

never mind! How about waiting a few more years? It’s not a loss anyway, the longer you wait, the more valuable it will be, Yi Anguo thought again.

(End of this chapter)