Investing in red sandalwood at the time: there is a strong compensatory requirement

The texture is like satin, the texture is delicate and compact, the color is solemn and quiet, and the beautiful and solemn rosewood furniture was born from the Ming Dynasty. It is the darling of many successful people, experts and scholars who pursue life taste. Since its inception, it has always been value. A lot of high-end furniture, from hundreds of thousands, millions, millions of people, a lot of mahogany furniture lovers, as a collection of investment products.

Our reporter Liu Yongsheng|æ–‡

Recently, in the Chinese Guardian Autumn Auction held in Beijing, "Lihua Huatang - Ms. Chen Lihua donated jewellery and copied the Qing Dynasty court furniture" auction specials launched a total of 26 sets (sets) of auctions, such as rosewood carved landscape, throne, rosewood Several pairs of red sandalwood sea shells add a map screen combination, such as red sandalwood carved sea water large painting table and red sandalwood carved passionate armchair combination lamp, so many boutiques suddenly attracted the attention of the market The rosewood furniture is on.

Sublime

Red sandalwood is one of the most valuable woods in the world. It is mainly produced in the tropical regions of the South Sea Islands. Due to the scarcity of the number, there are not many people, and it is treasured by the world. According to historical records, rosewood is mainly produced in the tropical regions of the Nanyang Islands, followed by Southeast Asia. China's Guangdong and Guangxi also produce rosewood, but the number is small. Indian lobular rosewood, also known as chicken blood rosewood, is the most precious wood known at present and is the most advanced of rosewood. As the saying goes, the largest sandalwood is only about 20 centimeters in diameter, and the growth cycle is about a hundred years. The preciousness can be imagined.

Its texture is hard and elastic, its color is red and noble, the texture is dense and rich, and it is waxed and polished, and it can display a dazzling satin-like luster without the need of lacquered wood surface. The furniture thus produced is of natural value.

The most expensive Chinese furniture is an 18th-century Chinese table, which was sold in New York at Sotheby's in 1994 for $35.45 million. Currently, the most expensive Chinese antique furniture in the United States is made from red sandalwood and huanghuali wood.

Historical legend

According to historical records, although China’s earliest collection of poems, The Book of Songs, contained the sentence of “Kankan Huatan”, and the Ming Dynasty opened up the southern Xinjiang, Zheng He’s huge fleet of seven voyages to the West, established with the Nanyang countries. In the tribute and trade relationship, the red sandalwood only flowed into China, and the timber trees were cut down.

In the middle of the Qing Dynasty, people also sent people to Nanyang to purchase sandalwood, but most of them were rough and not holding, and they had to give up. Therefore, the rosewood used in the Royal Dynasty furniture production in the Qing Dynasty was the inventory of the Ming Dynasty royal family. Later, sandalwood was in short supply to the point where it had to be purchased at a high price from private merchants. According to the unwritten rules at that time, no matter which level of officials, as long as they saw the rosewood, they never let go, bought it all, and handed it over to the Royal Weaving Agency. Folk woods were also found to be clean. After the marriage of the 60th birthday of the Empress Dowager and the Emperor Guangxu, the wood reserves of the Dazhong reserve were few, and Yuan Shikai, who had finally re-established the throne, used up all the light.

Great potential

Compared with other collectibles, rosewood furniture is more practical and ornamental. The latest rosewood furniture prices are not only due to the scarcity of raw materials, so that the output of mahogany furniture has not been high, and the reason is that with the development of social economy, workers' wages are also improving, and so on. The price of the latest mahogany furniture has risen a lot.

It is understood that the current rosewood market, the price of red sandalwood is higher, the average price per ton is about 1.2 million yuan. Inverted with other mahogany prices, there is a strong "compensation" requirement.

However, from the recent market, the price of huanghuali is far ahead of the red sandalwood. The red sandalwood also has the scarcity characteristics of small production areas, small stocks, long product life, and the strict control of exports in India, which is rare and expensive. The original precious red sandalwood must have a compensatory trend. Secondly, the appreciation of redwood, such as red rosewood, will further boost the price of red sandalwood. The red rosewood used in traditional mahogany furniture has also begun to develop rapidly in recent years. The rosewood with higher quality and better quality will naturally be further upgraded. Another important factor is that the current redwood furniture and raw materials have also formed an "upside down", that is, the price increase of rosewood furniture is much lower than the increase of wood.

From the perspective of market rules, the price of a commodity must always be proportional to or positively related to the raw material. Some people in the industry predict that the rosewood furniture should have 3-4 times upside in the next five years.

Rosewood - Identification

Several methods for identifying the authenticity of red sandalwood:

1, the density of rosewood is larger than water, it will sink in the water.

2, use a sharp tool to scrape the rosewood, the lining is reddish brown, contrasting with the surface of the purple-brown. After a few days, the scraping surface will slowly turn into a purple-brown due to oxidation.

3. Wipe the surface of the red sandalwood with concentrated alcohol. The alcohol turns brownish red, but the more the alcohol is rubbed, the stronger the color. Wiping the surface will soon be oxidized to purple brown.

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