Article: Trade in antique amulets soaring, NATION


The Nation (Thailand)
12-08-2003
Collectors of antique Buddhist amulets pushed profits at related businesses
to almost Bt10 billion this year, a 40-per-cent rise since the gloomy post-1997
economic crisis.
The Kasikorn Research Centre estimates that the trade will grow 10 to
20 per cent a year on average.
The "boom-or-bust" antique-amulet trade has always been closely
aligned with the state of the country's overall economy and was dealt a
severe blow in 1997.
Prices nosedived 40 to 50 per cent, although those of the most sought-
after Phra Krueang pieces, such as the "Benjapakee" or "Grand Five", dropped
by only 10 to 20 per cent.
The number of amulet shops also fell markedly, some established
...

Related newspaper, magazine, and journal articles:

Newsweek Harper's Magazine The Washington Post Chicago Tribune Crain's Chicago Business PRNewswire Pediatric News The Nation Advertising Age The Economist (US) A FREE trial gives you access to over 80 million articles! Access over 6,500 publications with a FREE trial!