Art News

I.M. Chait to host March 21 auction of Important Chinese Ceramics & Asian Works of Art during Asia Week

BEVERLY HILLS, CA.- When the doors are opened to I.M. Chait’s elegant Manhattan gallery space during Asia Week New York (March 16-24), the management and staff of the family-owned southern California firm expect to welcome many old friends to their preview and March 21 auction of Important Chinese Ceramics & Asian Works of Art. The company’s venerable founder and auctioneer Isadore “I.M.” Chait, who is celebrating his 45th year as a specialist dealer of Asian art, takes pride in the fact that collectors who bought from him decades ago are still amongst his active clientele. “What is particularly interesting about the Asian market is the cycle of buying, holding and selling,” Chait said. “We’ve noticed that pieces purchased five to fifteen years ago in Hong Kong or New York auctions are now resurfacing. It has been an ongoing practice for some Chinese art collectors to buy an object, put it in their collection, then 10 or 20 years later,