Antiques (market of Russia

2014

Experts of the East European Antiquarian House together with National Institute of independent examination summed up the preliminary results of 2014 in the market of antiques in Russia. As specialists note, depreciation of national currency and unstable economic country situation led to significant increase in investment volume into antiques.

The arts and crafts (AC) became one of the most fast-growing segments in the market of antiques in 2014. According to assessment of analysts of VEAD and NINEKS, at the end of year turnover can make about $400 million. Demand growth in this category is promoted by active promoting of DPI due to holding by antiquarian houses and salons of thematic exhibitions, lectures and consultations.

According to forecasts of experts, in 2015 the current growth rates will remain, and the annual turnover in this segment will increase to $450 million. The main demand is necessary on porcelain and glass of Western Europe, but at the same time products of the Russian producers will also not lose the relevance.

High growth rates in 2014 are shown by the market of second-hand books. In comparison with 2013 turnover in this segment will grow twice and will reach a point of $120-130 million Software to forecasts of analysts, next year second-hand books can bypass DPI on the growth rate of the occupied market share. It is supposed that demand for rare editions will increase in process of development of e-books and the Internet.

Good dynamics is shown also by the market of numismatics. The volume of this segment in 2014 increased by 15–16% and by the end of the year will be $300-320 million. Next year demand for antiquarian coins considerably will increase. By a preliminary estimate, growth in 2015 can exceed 50%, and turnover of the market of numismatics will reach the level of $500 million. It is promoted also by vigorous educational activity of VEAD. So, in 2014 the East European Antiquarian House and Regional public organization of assistance to preserving and development of numismatics Union of numismatists held a large-scale exhibition "Antique coins. From archaic Greece to the late Roman Empire". Besides, the children's numismatical circle designed to revive in Russia traditions of collecting of coins among children and youth was organized.

The big in terms of money still remain a segment painting. On predesigns, in 2014 the capacity of this market will be $1 billion. In the current year cloths of the Dutch and Italian masters are in special demand. Gains popularity and painting of the Soviet artists. Experts of the East European Antiquarian House predict that next year the gain in this segment will make about 20%, and turnover can reach the level of $1.2 billion.

"The antiques in Russia are even more often perceived as a reliable method of an investment and enhancement of the capital. Against the background of growth of ruble exchange rate and instability in economy the financial instrument which is insured from any crises is necessary for investors. We consider investments in antiques the most profitable and safe. Unique objects of old times will grow steadily in the price and always to be in demand. Confidence to investors is added also by the fact that in recent years the downward trend of quantity of forgeries is noted. It became possible including thanks to creation of National Institute of independent examination. According to us, in 2015 turnover on all segments of the antiquarian market can make about $2.5 billion. My council – invest money in antiques. Though, of course, you should not forget that this medium-term and long-term investment", – Sergey Yunin, the Chairman of the board of directors of the East European Antiquarian House summarizes.