The First Art Newspaper on the Net   Established in 1996 United States Wednesday, August 24, 2016


Sotheby's Achieves US$4,680,000 for Sanyu's Masterpiece
Sotheby’s achieved the second highest auction price for Sanyu. Photo: Sotheby´s.
HONG KONG.- Today at Sotheby’s Hong Kong 20th Century Chinese Art Autumn Sale 2009, Sanyu’s monumental Lotus et Poissons Rouges commanded HK$36,500,000/ US$4,680,000, selling to a Chinese buyer over the telephone after heated competition with five other bidders from across Asia (est. HK$15-25 million/ US$1,940,000-3,230,000).

Sotheby’s achieved the second highest auction price for Sanyu as well as an auction record for a landscape painting by the artist for this rare masterpiece, which has been unseen by the public for over half a century.

Zao Wou-ki’s 7.4.61 was sold for HK$15,780,000/ US$2,023,077 against an estimate of HK$8-12 million/ US$1-1.5 million. After an intense bidding battle between at least three bidders, this significant work was eventually sold to an anonymous bidder in the room.

Lily Lee, Sotheby’s Head of 20th Century Chinese Art Department said, “We were pleased with the results we achieved today, particularly for the masterworks by Sanyu and Zao Wu-ki. We recognized Lotus et Poissons Rouges immediately as a work of exceptional importance, carefully cultivating top collectors through our pre-sale efforts to result in the atmosphere that created the strong price achieved today. This demonstrates once again that collectors are willing to pay premium prices for noble, seminal works that are fresh to the market. We are honored to have been entrusted to sell such extraordinary paintings, and we look forward to offering more quality, rare works with great provenance to the market.”

Sotheby's | Zao Wou-ki | 20th Century Chinese Art Autumn Sale | Lily Lee | Lotus et Poissons Rouges |





Today's News

October 7, 2009

Over 120 Rarely Exhibited Letters by and to Vincent van Gogh on View

Musée du Quai Branly Opens Exhibition of the Legendary Teotihuacan

LACMA Announces First Exhibition Devoted to Renoir's Late Work

Sotheby's Achieves US$4,680,000 for Sanyu's Masterpiece

Exhibition at Pinacotheque de Paris Focuses on the Dutch 17th Century

Large-Scale Wall Installation by the Artist Chitra Ganesh at P.S. 1

Advocacy Program World Monuments Fund Announces 2010 Watch List

Green Day's Sell Out UK Tour Accompanied by Shoreditch Art Exhibition

Salvador Dalí Exhibition Leaves Melbourne a Huge Success

Norton Simon Announces The Familiar Face: Portrait Prints by Rembrandt

Obamas Decorate White House with Modern and Abstract Works of Art

Modern and Contemporary Sculpture in the Meadows Collection Opens

Exhibition Featuring Luo Ping Goes on View at Metropolitan Museum

South Africa's Fantastic Landscapes and People Glow in Bonhams Autumn Sale

Sotheby's to Present for the First Time Arab and Iranian Art in Its Main Contemporary Art Auction

Theodor Dalenson and Dimitris Daskalopoulos Elected to Board of Trustees of Guggenheim Foundation

Looted Artifacts on Display at Afghan Museum

Galerie Van den Akker to Exhibit Sixteen Sculptures by Artist Pamela Sunday

Fountain in New York's Landmark Lincoln Center Restored

I. M. Pei to Receive the Royal Gold Medal for Architecture

Collectors Named as Suspects in California Art Heist

Most Popular Last Seven Days



1.- Goya's Black Paintings reveal their secrets 200 years later

2.- 500-year-old German engraving by Albrecht Durer surfaces at French flea market

3.- X-ray flourescence and image processing unmask the woman Degas painted over

4.- Swimsuit mural of Hillary Clinton creates a stir in Australia

5.- Dali and Lempicka paintings stolen from museum 'found after seven years'

6.- Japan exhibition mourns fading sex culture

7.- Steven and Ann Ames collection to lead Sotheby's New York sales this November

8.- Ancient Australian flesh-eating marsupial discovered

9.- Swimsuit mural of Hillary Clinton creates a stir in Australia

10.- David Huddleston, 'The Big Lebowski,' dies at 85



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

Royalville Communications, Inc
produces:

ignaciovillarreal.org theavemariasound.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
Tell a Friend
Dear User, please complete the form below in order to recommend the Artdaily newsletter to someone you know.
Please complete all fields marked *.
Sending Mail
Sending Successful