Huanghuali Furniture made a new world record of 70 million

Huanghuali, the Chinese name for "Fragrant Dalbergia", is recognized as the top furniture raw wood because of its hard wood and clear and unique texture, and it can emit a light, refreshing fragrance when it is cloudy. At the same time, Jiangxiang Dalbergia is also a precious Chinese medicine. In the "Compendium of Materia Medica", this wood is called Jiangxiang and Jiangya, which has the medicinal value of relaxing muscles and promoting blood circulation.

And now, the meaning of the three characters of Huanghuali is far more than that ...

"The First Highest Chair" in History

In November 2010, China Guardian first launched a special session called "Simple and Timeless-Ming Style Huanghuali Furniture Boutique" in the 2010 autumn auction, which is also the largest special auction of Ming style Huanghuali furniture in China so far. . The 61 pieces of "Fine Pieces" did not disappoint buyers who were expecting them after their debut, and the auction results also did not disappoint sellers and auction companies.

This Huanghuali special event not only created the "white gloves" (100% of the lot was sold) performance, the total transaction price was as high as 259 million yuan, with an average of more than 4 million yuan each. Among them, a "Ming Huanghua pear cluster moiré horseshoe leg six-post canopy bed" was sold at a high price of 43.12 million yuan, 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 cabinets of the Huanghuali dragon pattern in the Qianlong Period of the Qing Dynasty also sold 39.76 million yuan, becoming the "most expensive cabinet in history."

While collectors and visitors were still clamoring for this, the highest record of Huanghuali furniture auction was quickly refreshed. On December 12, 2010, in the Nanjing Zhengda Auction Co., Ltd. (hereinafter referred to as "Nanjing Zhengda") Ming and Qing furniture special session of the 2010 autumn auction, a "Ming Dynasty Imperial Palace Huanghuali Jiaoyi" finally fell to 62 million yuan. Plus the total commission transaction price is nearly 70 million yuan.

This chair not only became the veritable "first chair" in history, but also set a new world record for Huanghuali furniture auctions, and of course, without any suspense, became the highest price for Chinese classical furniture auctions. In the entire Ming and Qing furniture auction, the total transaction value of 60 lots was as high as 208 million yuan, with a turnover rate of 95%.

This new record and the total transaction situation should make Nanjing Zhengda, who first entered the Nuggets in Beijing, “very gratified.” In the face of the Beijing market, which has repeatedly set records for classical furniture auctions, Nanjing Zhengda, which specializes in classical furniture auctions, has “crashed”. Also expected. "If you shoot in Nanjing, you may not have this price." A senior Huanghuali collector Shi told China Economic Weekly, "Beijing is the best in the country in terms of buyer concentration and overall buyer strength. . "

"This Ming Dynasty Huanghuali iron and iron cross chair is the largest and oldest one we have seen so far, and it belongs to a museum-level collection." Wang Aimin, manager of the classical furniture department of Nanjing Zhengda, told China Economic Weekly, " In the furniture collection, the chair is originally one of the most sought-after items, and this chair is still made of Huanghua pear bulk material, and the Huanghua pear is slower to produce. The raw materials of Huanghua pear required to make such a chair are estimated. Over 800 years, even thousands of years. "

The chair is actually the "Maza with a backrest", which was originally used by the ancients for marching, hunting, and wild outings. It gradually evolved into hall furniture and was a seat for the scene. The heroes we often talk about are the origins of the seniors sitting in the "number of chairs", which shows their noble status in furniture.

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

"Because it is often folded and used, it is very easy to damage, so the number of handed down chairs is very small. The Ming Dynasty Huanghuali handed down chairs are very rare. The most optimistic estimate is that there will be no more than ten in the world." Wang Aimin said.

"Old" Huanghua pear lost to "new" Huanghua pear

Wang Aimin believes that the reason why the furniture that auctioned Huanghuali in the Ming and Qing dynasties in the autumn of 2010 performed well on the auction floor was the scarcity of its resources.

"The royal family's love of Huanghua pear products in the Ming Dynasty caused a lot of felling of raw materials. By the end of the Ming and early Qing dynasties, the species of Hainan Huanghua pear was on the verge of extinction. In the hundreds of years thereafter, due to historical reasons, 70% of the domestic Huanghua pears Furniture is lost overseas. The few remaining Huanghuali in Hainan Island are mostly made into furniture, tools or houses by the people. The complete material is hard to see. ”He said.

Although the Huanghuali furniture in the Ming and Qing Dynasties achieved a price "several jump" in the 2010 autumn auction, many collectors told reporters that this is still a "price return" because the price of the "old" Huanghuali furniture has always been Underestimated.

"Classic furniture, especially Huanghuali, has always had such a strange phenomenon in the circle, that is, old goods can't sell new ones, and new ones can't sell logs." Mr. Shi said. According to the reporter, in the market, the phenomenon that the price of Huanghuali wood and the price of furniture are upside down is relatively common. "You can't buy the wood you need to make the same type of furniture when you sell a set of furniture." The owner of Huang Huali Furniture told China Economic Weekly.

Because Huanghuali wood is very slow, it takes at least 500 years to become the log of furniture. The production of Huanghuali furniture started from the Ming Dynasty. The golden age was more than a hundred years from the early Qing Dynasty to Qianlong. After Jiaqing, due to the sharp decrease of Huanghuali wood and the endangered, it almost no longer produced.

Huanghualimu is the best quality grown in Hainan, China, and of course the highest price. In addition, Huanghua pear wood is also produced in Vietnam and other places, but the quality is not comparable to that of Hainan Huanghua pear. Both have different colors, smells, textures, etc. The same style of "Yuehuang" and "Haihuang" furniture, the price difference It can approach 1:10 at the highest.

However, since Hainan Huanghua Pear has almost disappeared, Vietnam Huanghua Pear is currently regarded as the best among Huanghua Pear, and as early as the early Qing Dynasty, merchants began to use "Vietnamese Pear" as "Sea Pear".

"New Huanghuali furniture is generally Vietnamese Huanghuali, and now because of the scarcity of raw materials, and the Vietnamese government has begun to restrict the severe logging of raw materials in order to protect the ecological environment, formulated corresponding measures, and increased the export tariffs of Vietnam Huanghuali, The tariff per kilogram has reached more than 100 yuan. The price of raw materials has increased, the cost of labor has increased, and the price of finished products has of course skyrocketed, and the price has risen. "Wang Aimin said.

According to Wang Aimin's introduction, market conditions at the end of 2010 showed that each ton of Vietnamese Huanghua pear selection materials reached nearly one million yuan, while the plate reached 2 million to 3 million yuan per ton, which increased by four or five times in 8 years.

Wang Aimin believes that due to the relatively rapid market transmission of new Huanghua pear market prices, the price of ordinary products of "old" Huanghua pears has even fallen below that of "new" Huanghua pears. "However, once the cultural and historical value of the old Huanghuali is excavated, its potential for collection and appreciation cannot be underestimated." He said.

Who is the next "Huanghuali"?

"2011-2012 may be the most vigorous year for the rising momentum of classical furniture in the Ming and Qing dynasties, especially Huanghuali furniture. Huanghuali in the Ming and Qing dynasties is likely to become another collection boom after the collection of calligraphy and painting and porcelain." Wang Aimin believes that promotion There are three main factors: first, the previous price has been underestimated; second, with the popularity of antique collections, more and more collectors have begun to favor the classic furniture culture; third, if collectors collect fine paintings and porcelain Matching Ming and Qing classical furniture is needed to display and display. This will gradually form a huge collection scale, and prices will continue to rise.

Despite the high price, Wang Aimin also said that it is very difficult to collect Huanghuali furniture in the Ming dynasty. "Tibetan collectors are reluctant to sell easily, so they can only collect overseas and return to China." He said.

For investors, he suggested: "In the long run, resources scarce items are worth investing in any period, but there must be three standards: one is to look at the material, the second is to look at the style, and the third is to look at the craft. Only these three The perfect combination of collections is the highest yield. "

However, the price of Huanghuali is far from ordinary investors and ordinary people, so Wang Aimin suggested that ordinary buyers can choose red rosewood classic furniture collection during the Republic of China period. “The annual rate of return of rosewood generally increases at a rate of 20% to 30% per year. Because classics have the value of coexistence of collection and use, they have gradually entered the homes of ordinary people.”

Experts generally expect that Huanghuali may disappear completely in another five years. Although the title of "2 billion hot money going south to sweep Huanghuali" is often seen in newspapers, for Huanghuali, "fried without frying" is almost predictable, so where is the next "Huanghuali"?

Many people in the classical furniture industry believe that red rosewood is expected to become the second Huanghua pear. At present, the price of red rosewood is only 1/5 to 1/4 of that of Huanghua pear. Even so, red rosewood is already a variety that has been "up".

"Now because Huanghuali, red sandalwood, rosewood furniture has been generally accepted for collection, the price will also remain high. In the next few years, beech wood and golden silk wood furniture with Ming and Qing classical furniture culture characteristics will also be collected by collectors. Love is still worthy of the attention of collectors and investors. Their current prices are still low, and they may be accepted by people who love traditional culture in the future. "Wang Aimin said.
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