Collecters study an inkstone.

Collecting is a potential investment method that can bring small or huge fortunes to investors who understand the market, China Association of Collectors chairman Luo Bojian says.

In ancient times, collecting antiques or artworks was a pastime of the elite. It wasn't until 1978, when China launched the reform and opening-up policy, that a massive collection market involving participants of all walks of life began to take shape, Luo says.

Stamps, seals, currencies, playing walnuts, rare wood furniture, old photos and CDs are increasingly popular among Chinese.

Auction companies, antique bazaars, art stores and individual trading are offering abundant opportunities to collectors. For the same reason, it's hard to assess the market's scale and trade volume, he says.

China's economic power has been growing rapidly over the past three decades, with Chinese people spending more than ever. Favorable economic and social environments have elevated collecting and auctions, Luo explains.

Prices have also been pushed up by international and domestic buyers, as Chinese antiques and artwork have become more popular around the world, Poly International Auction Co, Ltd executive director Zhao Xu says.

"Chinese antiques and art had been underestimated at auctions for quite a long time," Luo says.

"Skyrocketing prices in recent years indicate the world market is reappraising their values."

But fake products have flooded the market, leaving numerous amateur collectors to suffer economic losses.

There are people who worry about investment risks and bubbles in the business.

"Buyers should pay more attention to acquiring knowledge and skills, and never assume that you actually are that lucky person who has found high-value antiques at exceptional low prices," Luo says.

Amateurs should trade in accordance with their financial situations. Modern artworks, coins and stamps are often good choices for laypeople, he says.

Beijinger Nie Jianqi became addicted to collecting birdcages when he was young.

A birdcage features various forms of traditional craftsmanship, including weaving bamboo slips into the framework, making porcelain food jars and painting the roof sheathings.

The retiree displays his favorite birdcages in a giant glass-shield cabinet, and visitors flood in to view his collection.

"I will never allow any of the birdcages to be taken out of my sight," Nie says.

"I'd like to pass them on to my son so the glamour will continue to shine."

For China Daily