Historically, antiquities have only been a very small part of the art market. However, they are beginning to attract more attention from collectors and investors. The black market for antiques has been restricted, causing tighter controls on access to antiquities, and this, of course, raises the value of each antique and increases interest in this field. Tighter rules and lower supplies have made people more excited about antiquities. Recently, a bronze head of Ptolemy of Mauretania from around 520 A.D. was sold at Sotheby’s. Estimated to be worth up to $500,000, it sold for $960,000!
This excitement is certainly good news for antiquities galleries such as Phoenix Ancient Art, owned by Ali Aboutaam and Hicham Aboutaam. They understand that antiquities don’t grab headlines the way that other art does – but that they are a great opportunity and a great investment.
Related posts:
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- Going Once, Twice, Sold on E-tiquities of Phoenix Ancient Art The Aboutaam brothers, Hicham and Ali instituted e-tiquities in May, 2009....
- Brussels Antiques and Fine Arts Fair Last week saw the exciting Brussels Antiques and Fine Arts Fair finish up in Brussels. Phoenix Ancient Art owners Ali...
- Gallery Walk Features Phoenix Ancient Art Included among the 50 participating galleries is Phoenix Ancient Art, whose New York branch, located at 47 East 66th Street,...
- Aboutaam Brothers Preside at Phoenix Ancient Art Ali and Hicham Aboutaam of Phoenix Ancient Art welcome you to the fascinating and exciting world of art objects with...