Chinese Auction Catastrophes

Questions:3
Attempts allowed:Illimité
Opens:05/20/2012 - 00:00
Closes:06/30/2012 - 00:00
Pass rate:100 %
Backwards navigation:Forbidden
This quiz is closed

As reported on a recent AK Files, 40% of all adjudicated auctions of Chinese works go unpaid by the buyer. This practice makes it quite difficult to sell artworks to customers.

Is this a concerted effort to disrupt the international art market, or just a customary Asian business practice which endorses continued negotiation even after a supposed "final sale"?

Our Kabinett Quiz identifies the top three Confucian catastrophes recorded so far. Surely, more will follow.

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