December 5, 2016
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Asian Art Sales Break Record At Christie's

NEW YORK - Christie's leads the Asian Art market, totaling $117 million, the highest total for Asian Art Week at Christie’s New York, achieved in seven sales from March 22 to 25.

 

Jonathan Stone, International Head, Asian Art, said: “The resounding success of Christie's New York Asian Art Week at $117 million, almost $40 million more than our previous record, is a testament to the outstanding property Christie's presented and to the robust market.  Record prices in every category validate Christie's global leadership in Asian art.”

 

 

RESULTS OF ASIAN ART WEEK SALES

 

Auction

Sale Total

Top Lot

The James and Marilynn Alsdorf Collection

March 22

$4,486,438

£2,735,633

€3,159,463

73% sold by lot  / 91% sold by $

Lot 118 - A rare conch shell with gilt copper and enamel champlevé mount, Tibeto-Chinese, Qianlong incised four-character yuzhi mark and of the period (1736-1795)

Estimate: $200,000 - 300,000

Price Realized: $1,202,500/£733,232/€846,831

Indian and Southeast Asian Art

March 22

 

$11,211,938

£6,836,547

€7,895,730

72% sold by lot / 77% sold by $

Lot 240 - A highly important gray schist figure of the Emaciated Siddhartha, or 'Fasting Buddha,' Gandhara, 3rd/4th century

Estimate on Request

Price Realized: $4,450,500/£2,713,720/ €3,134,155

South Asian Modern + Contemporary Art

March 23

 

$9,832,600

£6,069,506

€6,973,475

83% sold by lot / 74% sold by $

Lot 550 - Tyeb Mehta (1925-2009), Bulls, acrylic on canvas; diptych, painted in 2005-2007.

Estimate on Request

Price Realized: $2,826,500/£1,744,753/ €2,004,610

WORLD AUCTION RECORD FOR ARTIST

Japanese and Korean Art

March 23

$14,840,350

£9,160,709

€10,525,070

74% sold by lot / 87% sold by $

Lot 854 - Attributed to Kano Naizen (1570-1616), Southern Barbarians Come to Trade, pair of six-panel screens

Estimate on Request

Price Realized: $4,786,500/£2,954,629/€3,394,680

WORLD AUCTION RECORD FOR JAPANESE PAINTING

Magnificent Qing Monochromes Porcelains and Earlier Works of Art from the Gordon Collection

March 24

 

$23,012,225

£14,205,077

€16,205,792

95% sold by lot / 99% sold by $

Lot 1112 - A Magnificent Celadon-Glazed Carved Baluster Vase, Qianlong Seal Mark in Underglaze Blue and of the period (1736-1795)

Estimate: $2,000,000 - 4,000,000

Price Realized: $7,922,500/£4,890,432/€5,579,225

WORLD AUCTION RECORD FOR QING MONOCHROME PORCELAIN

Property from the Arthur M. Sackler Collections

March 24

$656,125

£405,015

€462,060

97% sold by lot / 99% sold by $

Lot 1208 - A Brownish-Olive Jade Ceremonial Blade, Yazhang.

Estimate: $6,000 - 8,000

Price Realized: $206,500/£127,469/€145,423

Fine Chinese Ceramics and Works of Art

March 24-25

$53,085,375

£32,972,282

€37,649,202

84% sold by lot / 92% sold by $

Lot 1294 - A Rare and Finely Cast Gilt-Bronze Figure of Acuoye Guanyin, Dali Kingdom, Yunnan Province, 12th Century

Estimate: $500,000 - 800,000

Price Realized: $4,002,500/£2,486,025/€2,838,652

WORLD AUCTION RECORD FOR A GILT BRONZE FIGURE FROM THE DALI KINGDOM

 


Christie’s, the world's leading art business had global auction and private sales in 2010 that totaled £3.3 billion/$5.0 billion.  Christie’s is a name and place that speaks of extraordinary art, unparalleled service and expertise, as well as international glamour. Founded in 1766 by James Christie, Christie's conducted the greatest auctions of the 18th, 19th and 20th centuries, and today remains a popular showcase for the unique and the beautiful. Christie’s offers over 450 sales annually in over 80 categories, including all areas of fine and decorative arts, jewellery, photographs, collectibles, wine, and more. Prices range from $200 to over $100 million.  Christie’s has 53 offices in 32 countries and 10 salerooms around the world including in London, New York, Paris, Geneva, Milan, Amsterdam, Dubai and Hong Kong.  More recently, Christie’s has led the market with expanded initiatives in emerging and new markets such as Russia, China, India and the United Arab Emirates, with successful sales and exhibitions in Beijing, Mumbai and Dubai. 


STORY TAGS: Asian News, Asian American News, Asian Pacific Islander News, Minority News, Civil Rights, Discrimination, Racism, Diversity, Racial Equality, Bias, Equality



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