Art mortgage loan is accompanied by certain risks:

1. Authenticity risk

2. Valuation risk

3. Legal risks

Step 4 deal with risks

It is reported that Shanghai was selected as the pilot area and Xinchang Art Audit Center was established! The Fund has signed strategic cooperation agreements with China Construction Bank, Ping An Bank and Citibank!

Wenzhou Lucheng Antique Chamber of Commerce cooperates with Taizhou Bank Wenzhou Branch to launch the mortgage loan service for antique art!

Minsheng Bank, China Merchants Bank, Agricultural Bank, etc. I have also tried the art mortgage business, but the scale is not large!

Of course, the above is just an example! Except for a few high-end high-quality customers, it is difficult for art pledge loans to enter the business of personal loans or personal financing. The conditions are not yet mature, and there are many problems from the integrity system of the art market to the valuation standard, and then to the corresponding laws, regulations and supervision system. Once the risk of antique appraisal and evaluation can be effectively resolved, the bank will recognize it!

At present, the mortgage (pledge) accepted by banks is handled in accordance with the Property Law, Guarantee Law, China Banking Regulatory Commission's Guidelines on Collateral Management and other laws, regulations and guidelines. The works of art you mentioned are not clearly defined as collateral, and the market value fluctuates according to the preferences of collectors. It is difficult to evaluate the value, and it is relatively difficult to realize the disposal. Generally, it will not be used as collateral. But if you are selling art, if the bank wants, you can take the form of warehouse receipt pledge, but this possibility is very small at present.