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Commercial value of original design determined by public auction
Updated: 2019-04-03    Source: Zhongshan Daily Large Medium Small Print

The commercial value of designers' original lighting designs was determined by public auction for the first time during the Northwest Group Lighting Creative Design Talent Salon along with Lighting Industry Intellectual Property Auction that was held on March 29.

About fourteen artworks were auctioned that day, with starting prices mostly ranged from 10,000 to 20,000 yuan. Most of these artworks were sold at the auction, with a total transaction value of over 300,000 yuan.

One of the artworks was auctioned for 150,000 yuan. Its creator, Ma Chi, believed that this kind of event will encourage more unknown designers to join the spotlight and display their masterpieces.

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