拍賣筆記 vol.422 蘇富比香港2026：唐三彩仕女立俑，岡田博物館 - Sotheby’s 2026, Okada Sales Part 2, A Sancai Figure Of A Lady, Tang Dynasty
- SACA
- 7 hours ago
- 2 min read
尺寸達38.8釐米的唐三彩女俑，已屬偏大規格。中小型者尚有約15釐米及30餘釐米兩款，另有更大者約45釐米左右的大型女俑。此類既有出版記錄、且尺寸較大的唐三彩女俑，存世量實際上並不多。以10至20萬港元估價，實屬低估。
由於唐三彩收藏對於中國藏家而言仍屬新入門領域，嚴密而全面的認知體系尚未真正建立，對於何種品種應值何價、價值層級如何劃分，仍缺乏清晰概念。事實上，這套分類與價格體系在過去約一百年間，已由西方與日本學界及收藏界系統整理完成，是相對客觀的既有事實。當前國內唐三彩收藏與投資熱潮所產生的價格空間，主要正源於「客觀市場實際」與「國內藏家有限共識」之間的落差。
若要擊穿短期波動，直接找到真正具價值的品種，關鍵在於深刻理解這套早已建立的國際市場價格邏輯，做好扎實的事實研究，而非依賴未經證實的小圈子雜音。此種市場行為恰如桶中之蟹，彼此牽制；要真正爬出信息繭房，仍任重而道遠。
唐三彩仕女立俑
A sancai figure of a lady, Tang dynasty
Estimate
100,000 - 200,000 HKD
Description
wood stand and Japanese wood box
38.8 cm
A Tang sancai female figure measuring 38.8 cm already belongs to the larger size range. Medium- and smaller-sized examples include those around 15 cm and just over 30 cm, while larger specimens of approximately 45 cm also exist. Published Tang sancai female figures of substantial size are in fact relatively few in number. An estimate of HK$100,000–200,000 is therefore undervalued.
Because Tang sancai collecting remains a relatively new field for Chinese collectors, a rigorous and comprehensive framework of understanding has yet to be fully established. Clear concepts of what each type ought to be worth, and how value hierarchies should be structured, are still lacking. In reality, this system of classification and pricing was systematically developed over the past century by Western and Japanese scholarship and collecting circles; it constitutes a relatively objective body of established fact. The current price space generated by the domestic collecting and investment boom in Tang sancai arises principally from the gap between “objective market reality” and the still-limited consensus among Chinese collectors.
To break through short-term fluctuations and identify truly valuable pieces, the essential task is to gain a deep understanding of this long-established international market pricing logic and to carry out solid factual research, rather than relying on unverified chatter circulating within closed circles. Such market behaviour resembles crabs in a bucket, each restraining the other. Climbing out of the information cocoon remains a long and demanding road.
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