The First Art Newspaper on the Net Established in 1996 United States Sunday, December 21, 2014


Christie's To Hold Inaugural evening Sale of Asian Contemporary Art
Yue Minjun (Born in 1962), Big Swans, 大天鵝, signed and dated 'Yue Minjun; 2003' in Chinese & Pinyin (lower right & on reverse), oil on canvas, 200 x 280 cm. (78 3/4 x 110 1/4 in.). Painted in 2003. Estimate: HK$10,000,000 – 15,000,000; US$1,282,100 – 1,923,100. © Christie's Images Ltd. 2008.
HONG KONG.- Christie’s, the world’s leading art business, announced today that its first ever Evening Sale of Asian Contemporary Art and Chinese 20th Century Art will be held in Hong Kong on May 24, 2008. This announcement comes on the heels of dramatic growth in these categories and follows a landmark year of record sales and record prices at Christie’s. Featuring a highly-edited selection of stand-out works in their respective categories, the sale will present collectors with an opportunity to acquire works of exceptional quality in the dramatic setting of an evening sale. The decision to introduce an Evening Sale as part of Christie’s Hong Kong Spring Sales underscores the position of Hong Kong as one of the most important centres for the global art market alongside New York and London.

The Evening Sale will comprise works selected by Christie’s global team of Chinese 20th Century and Asian Contemporary Art specialists based in Hong Kong and New York. The sale will include 40-50 high caliber and rare works by leading Asian artists including Zeng Fanzhi, Yue Minjun, Zhang Xiaogang, Cai Guo Qiang, Takashi Murakami, and others. Christie’s will present a Day Sale for each category on the following day.

Commenting on the inaugural Evening Sale, Eric Chang, Christie’s International Director of Chinese 20th Century and Asian Contemporary Art, said, “Since presenting the inaugural sale of Asian Contemporary Art just two years ago, Christie’s has played a leading role in shaping the scope, scale and range of the market for both Asian Contemporary and Chinese 20th Century Art. The growth these categories witnessed in recent years is remarkable, and the decision to present an Evening Sale offering the highest caliber of works was a natural progression that points not only to the potential, diversity and increasing geographical integration of the market, but also to the growing appetite for works of the utmost quality from new and seasoned collectors. We now see a truly global client base of passionate collectors – with new clients entering the market each season who are inspired by the refreshing interpretation of the world from contemporary Asian artists. Choosing to present this significant sale in Hong Kong raises the bar for Asian Contemporary and Chinese 20th Century Art. Hong Kong is a cultural, social and economic hub in the region, and is the city of choice for international collectors looking for the best works in Asian Contemporary and Chinese 20th Century Art.”

Among the important works already consigned for the Asian Contemporary Art Evening Sale is Zeng Fanzhi’s Mask Series 1996 No. 6 (estimate: HK$15-25 million/US$1,923,100 - 3,205,100). This large-scale diptych work depicts a band of eight masked figures, each wearing the red scarf reminiscent of the Little Red Guards of the Cultural Revolution. It is one of only two known works from the Mask Series to depict a large group, whereas most other works in the series depict no more than three figures grouped together, making this composition of eight subjects incredibly rare. Never before offered on the market, this work is a standout for its exceptionally grand scale, composition, and iconic subject matter, and is expected to be among the most highly prized in the season ahead.

Also of particular note is Yue Minjun’s Big Swans (estimate: HK$10-15million / US$1,282,100 – 1,923,100). This poetic arrangement depicts eight swans in flight on one side of the composition, with four images of Yue Minjun’s trademark grinning image pointing and laughing on the other, illustrating the conflict between the sublime and the ironic.

Asian Contemporary and Chinese 20th Century Art has experienced tremendous growth in recent years. Christie’s November 2007 sales of Asian Contemporary Art and Chinese 20th Century Art significantly outpaced all previous sales for these genres anywhere in the world with a combined total of HK$777.7 million (US$100 million), a 28% increase compared with Christie’s Spring 2007 sale and a 49% increase compared with Autumn 2006. The November 2007 sale of Asian Contemporary Art became the new benchmark for this category, totaling US$60,079,155 and setting a world auction record for Asian Contemporary Art along the way with a large-scale work by Cai Guo-Qiang entitled Set of Fourteen Drawings for Asia-Pacific Cooperation which sold for US$9,548,229.

Christie’s first introduced stand-alone sales of Asian Contemporary Art to the market in November 2005. Since then Christie’s has not only maintained pole position in the market, but has also helped to define the category through a globally strategy of offering top works of Asian Contemporary Art in Hong Kong, as well as in sales of Post War & Contemporary Art in New York and London. In these cities, iconic works from cutting-edge Asian artists such as Zhang Xiaogang, Yue Minjun, Zeng Fanzhi, and others are offered alongside their Western counterparts and presented to an important international audience to resounding success.

Auctions: Asian Contemporary Art Evening Sale & Christie’s Hong Kong, May 24, 2008, 7pm. Chinese 20th Century Art Evening Sale - Asian Contemporary Art Day Sale & Christie’s Hong Kong, May 25, 2008. Chinese 20th Century Art Day Sale - Viewings: May 22-24, Hong Kong Convention & Exhibition Center. Select works from the Asian Contemporary Art Evening Sale and the Chinese 20th Century Art Evening Sale will tour to the following cities in Spring 2008: Beijing, London, Mumbai, New Delhi, New York, Seoul, Shanghai, Singapore, Taipei and Tokyo.





Last Week News

January 31, 2008

Landscapes from the Age of Impressionism To Open at the Virginia Museum of Fine Arts

Kresge Art Museum Launches Online Access to Database of 7,000+ Object Collection

76 KISSES: Snapshots from the Collection of Lori Baker and David E. Brown

Gefeller Supervisions - New works In Cologne

Cinders Gallery Presents: Brevity's Rainbow

Detained By Jenny Holzer at Monika Sprueth Philomene Magers

Somali Stories: A visual expression of Somali Culture

Cheekwood Announces Special Lecture on Sculptor William Edmondson

Jersey City Museum Presents Season of Love Family Project Day

Historic Washington State Images Selected for Publication

January 30, 2008

Treasures Old and New from Wallonia - A Curious Land Opens at Center For Fine Art

Our Friend Gabriel del Rio passed away yesterday

The Schirn Presents Today All-Inclusive. A Tourist World

Long Life Cool White: Photographs by Moyra Davey To Open at Fogg Art Museum

Rich Color, Elaborate Detail and Compelling Stories of Victorian Art Masterworks at BYU MOA

Nine Manuscripts By French Writer André Breton at Sotheby's Paris

John Singleton Copley's Nicholas Boylston on View in American Narratives

Third Edition of Art Madrid To Open

Juergen Teller: Ukraine at Lehmann Maupin Gallery

Galería Senda Presents Ola Kolehmainen

Jazz for Art Education Benefit to Support Art Education Programs

January 29, 2008

Long-Lost Set of Robert Capa Negatives Taken During Spanish Civil War Found in Mexico

The AIPAD Photography Show New York To Be Held April 10-13, 2008

Old Master Paintings and European Works of Art in N.Y. Total $82.5 M

Glasgow Art Fair 2008 To Open in March

Core at 25: Milestone Anniversary for the Artists' and Critics' Residency Program at MFAH Glassell School

Winter Artist in Residence: Michael Genovese

Sheldon Memorial Art Gallery Presents The Unknown Blakelock

Florian Bohm Exhibition at Galerie f5,6, Munich

"Victory Mail" Exhibit Opens March 6 at the Smithsonian's National Postal Museum

Arts Council England, West Midlands awards over GBP34,000 to Projects

January 28, 2008

Kunsthalle Helsinki Presents Retrospective On Finnish Modernist Artist Tapani Raittila

Museum für Moderne Kunst Presents Hans Josephsohn, Sculptor

.raw esperanto Opens at MAMA in Rotterdam

White Cube Mason's Yard Presents Marc Quinn Evolution

The 16th Annual Outsider Art Fair Opens in New York

Buddhist Master Shinjo Ito Honored With Centennial World Tour

Patricia Piccinini - The Place Where It Actually Happens

James Kitchens at Miami Art Group Gallery

Our Literal Speed at Center for Art and Media Karlsruhe

The JPMorgan Chase Museum Career Paid Internship at Jersey City Museum

January 27, 2008

Royal Academy of Arts To Present A Major Exhibition Devoted To Lucas Cranach the Elder

Print the Legend To Open at The Fruitmarket Gallery

San Jose ICA Explores Art as Social Practice - This Show Needs You

Hervé Wahlen: Dinanderie - Copper Works Invite Exploration and Discovery

Shaolin: Temple of Zen, Photographs by Justin Guariglia at The Ben Maltz Gallery

"Accident Blackspot," at Markus Winter

Jersey City Museum Presents Afternoon Delight: Leon Yost

Henry Krokatsis - See Better Daze

Aristodimos Kaldis: Four Major Works, 1956 - 1977

SculptureCenter Presents Addict- Love

January 26, 2008

The Royal Academy of Arts Presents From Russia: French and Russian Master Paintings

Bruce Nauman To Represent the United States at the 2009 Venice Biennale

David Winton Bell Gallery Presents Cut Folded Dyed & Glued

A Touch of Dutch - Royal Fans from the House of Orange-Nassau

Forest Through The The Trees at The Fabric Workshop and Museum

Lukas Wassmann A certain, je ne sais quoi

Jersey City Museum Presents "Threads" Wearable Art Fashion Show

The European Fine Art Fair - Maastricht

Gallery Brighton Presents Keith Harrison - Superfluid

"Making It Happen," at Center for Curatorial Studies at Bard College

Most Popular Last Seven Days



1.- Colossal statue of Amenhotep III unveiled on the west bank of the Nile in Egypt

2.- British royals crown New York visit with gala dinner

3.- Missing artwork rediscovered in "Stuart Little" sells for over 200,000 euros at auction

4.- Rossetti's Venus Verticordia soars at Sotheby's in London to sell for £2.88 million

5.- Russian magnate buys, then returns Nobel prize to American geneticist James Watson

6.- Egyptian Museum unveils four newly renovated halls of the famed Tutankhamun gallery

7.- 'The Secret of Dresden: From Rembrandt to Canaletto' on view at the Groninger Museum

8.- Cooper Hewitt Smithsonian Design Museum reopens after three-year renovation

9.- More than 200 queries about works by possible heirs received on Nazi-era art hoard

10.- Attorney, artist and filmmaker reflects on the seven lessons learned at 2014 Art Basel Miami Beach

Related Stories



Important Judaica and Israeli & international art bring a combined $7.9 million at Sotheby's New York

Tunisia to auction ousted despot's treasures

Andy Warhol's Mao portraits excluded from the Beijing and Shanghai shows next year

China criticises French Qing dynasty seal auction

Christie's announces auction marking the first half century of the popular and luxurious interiors shop Guinevere

Nine new exhibits debut at San Diego International Airport

Rembrandt masterpiece "Portrait of Catrina Hooghsaet" back on display at National Museum Cardiff

Amber: 40-million-year-old fossilised tree resin is Baltic gold

Egyptian artist Iman Issa wins the Ist FHN Museu d’Art Contemporani de Barcelona Award

The main chapel of the Basilica of Santa Croce open for visits after five year restoration



Museums, Exhibits, Artists, Milestones, Digital Art, Architecture, Photography,
Photographers, Special Photos, Special Reports, Featured Stories, Auctions, Art Fairs,
Anecdotes, Art Quiz, Education, Mythology, 3D Images, Last Week, .

 

Founder:
Ignacio Villarreal
Editor & Publisher: Jose Villarreal - Consultant: Ignacio Villarreal Jr.
Art Director: Juan José Sepúlveda Ramírez - Marketing: Carla Gutiérrez
Special Contributor: Liz Gangemi - Special Advisor: Carlos Amador
Contributing Editor: Carolina Farias

Royalville Communications, Inc
produces:

ignaciovillarreal.org theavemaria.org juncodelavega.org facundocabral-elfinal.org
Founder's Site. The most varied versions
of this beautiful prayer.
Hommage
to a Mexican poet.
Hommage
       

The First Art Newspaper on the Net. The Best Versions Of Ave Maria Song Junco de la Vega Site Ignacio Villarreal Site