Ministry of Culture officials talk about the Jin Yu Yu Yi incident

The deputy director of the Cultural Market Department of the Ministry of Culture, Min Zuhai, said today that last year's fake “Jinyu Jade Clothing” incident caused public dissatisfaction and even lost confidence in the art market. There are frequent problems in the integrity of the art market, the authenticity of the authentication, and valuation, and the legal system needs to be improved.

In 2011, the “Jinyu Jade Clothing” incident caused great public dissatisfaction. Merchant Xie Genrong and director of appraisal center of Beijing Zhongbiao Cultural Relics Appraisal Center Niu Fuzhong, used jade tablets to make a fake “Jinyu Jade Clothes”, and five domestic top antique expert appraisers appraised RMB 2.4 billion for this assessment and obtained hundreds of thousands of appraisal fees. . Xie Genrong used this paper to value and defrauded the bank to release 700 million ** and finally 540 million yuan.

Qian Zuhai said in an interview with the China Economic Network that issues of honesty, authenticity, and valuation in the art market are frequent, and the legal system needs to be improved. “At the same time, investors should also have a rational mentality.” Zhai Zuhai mentioned that some time ago in the propaganda week held by the Cultural Market Department, he put forward three slogans that determine the core value of art is culture, and the art market operates The guideline is integrity and the wisdom of the art collectors should be rational.

Those who enter the art market with a speculative mentality are not few. When there is a lack of necessary knowledge or problems with the eyesight, it will lead to both human and financial losses. How can investors prevent impulse mentality? Zhai Zuhai made the following recommendations.

First, it should be noted that the dual value of works of art, cultural values ​​and wealth values ​​exist at the same time, and the core value is culture. The expansion of the art market requires investment mentality, but this mentality should be based on the understanding of the development of the art market.

The second is to rely on standardized market intermediary behavior. “How to pursue a reasonable investment, I don’t understand it myself, but I have money and I’m looking for a dealer for the artwork,” said Ju Zuhai. There are a group of **** companies growing up in the art. They provide professional services and collect corresponding commissions.

The third is to pay attention to the soundness of legal norms. For example, the problem of false identification, laws and regulations do not make any provisions on the conduct of the market's identification. There is no provision for the establishment of an accreditation body and the qualifications of appraisers. There is no stipulation in the accreditation procedure itself, and there is no regulation on what the final appraisal result should be. It can be said that “three nothings” products, which have a great impact on the healthy development and development of the market. influences. "In the future, intermediary services in the area of ​​appraisal shall also provide for thresholds, procedural provisions, and conclusions of the appraisal shall bear corresponding civil liabilities."

On the 5th of June, an agency in the South offered for the first time an open sale of the first art fidelity protection transaction service, and began to sell to investors, promising to provide investors with guarantees and buy-back services. Zhai Zuhai said that this move is worthy of recognition. "We hope that this type of experiment will be successfully promoted throughout the art market."