The First Art Newspaper on the Net Established in 1996 United States Thursday, April 24, 2014


Christie's Sales In Asia: 68% Up Over First Half 2010
A visitor looks on a painting entitled Gimcrack on Newmarket Heath, with a Trainer, a Stable-Lad, and a Jockey by British painter George Stubbs (1724-1806) during a press preview in Hong Kong, China. The painting is expected to fetch in excess of 20 to 30 million GBP (23 to 34 Million Euro), will be auctioned auction at the Christie's London Old Master and British Paintings evening sale on 05 July 2011. EPA/YM YIK.
HONG KONG.- Christie’s concluded its Spring season with a total of HK$4bn (US$515m), including the off-season sale of fine wines in March and April, the Spring sale series from 27 May to 1 June, and the Beijing sales by Christie’s brand licensee in China - Forever. This represents the highest season total for Christie’s in Asia, which is a 68% increase over the same period a year ago and 17% over the second half of 2010 (HK$3.4bn/US$440m). These results indicate the continued growth in the breadth and depth of collecting interest, and reaffirm Hong Kong as a leading centre in the global art market.

“Strong bidding with moments of passionate enthusiasm was the hallmark of the week of Spring auctions in Hong Kong. With two standing-room-only salerooms operating concurrently from 10 a.m. to late in the evening, sparkling prices were obtained for Asian and Southeast Asian Modern and Contemporary art, Chinese Ceramics & Works of art, Chinese Classical and Modern Paintings & Calligraphy, Jewelry, Watches and Wine. With sales up 65% over the same period last year, the growth of the art market in Asia is greater than anywhere in the world. This is due to the strength of the economy in the region and also to the great appetite of Asian collectors for Works of Art of the finest quality,” said François Curiel, President of Christie’s Asia.

As Asian buyers continue to drive the sales, intensive bidding resulted in prices going well over their estimates across all categories, and sharp increases in sales totals from 2010. In the May/June sales, 36 auction records were achieved across the range of categories, with private collections being particularly sought-after by sophisticated buyers.

Strong Chinese buying continues to fuel Christie’s sales, with Greater China clients (from Mainland China, Taiwan and Hong Kong) contributing to70% of the total sale value of Christie’s auctions this season.

In addition to traditional Chinese art categories such as Chinese Paintings, where 91% of buyers were from Greater China, luxury categories such as Wine, Jewelry and Watches also saw a high proportion of buyers from that region. Jewelry, for example, saw an increase in Greater China buyers from 67% in Autumn 2010 to 72% in Spring 2011.

International participation also remains strong, especially in Watches where internet bidding from Christie’s real-time bidding service (Christie’s LIVETM) accounted for 25% of the total bidding and sales from clients in 21 countries from Europe, South America, Asia, North America, UK and the Middle East, the highest proportion of sales completed online at Christie’s Hong Kong.

Forever, the brand licensee of Christie’s in China, recorded the best season sale results in its six-year history, achieving RMB180m (US$28m) from its Spring 2011 series of sales in Beijing. The four Forever sale categories were Chinese Paintings, Chinese Ceramics & Works of Art, Chinese 20th Century & Contemporary Art, Chinese Liquor.



Today's News

June 3, 2011

Exhibition by Ron Galella, The Most Controversial Paparazzo of the 20th Century, Opens

Marina Abramovic Announces Development of New Institution in Montenegro

Expanded Galleries of African Art and Indian Art of the Americas Open at the Art Institute

Statue Leaves Italy for the First Time Since 1816 for Exhibition at the National Gallery of Art

An Exhibition of New Paintings and Drawings by Elizabeth Peyton at Gagosian Gallery Paris

Controversial Israeli Billionaire and Art Collector Sammy Ofer Dies at Age 89 in Tel Aviv

Marilyn Monroe's 85th Birthday Celebrated at Washington Square Hotel with Rare Photos by Murray Garrett

United Kingdom's Royal Academy of Arts Gives Artist Ai Weiwei Honorary Title

Christie's Hong Kong Chinese Works of Art Sales Achieve a Combined Total US$106,700,995

'Avatar' Gets Top Billing At Seattle's Experience Music Project and Science Fiction Museum

Beijing Artists Detained and Exhibition Shut Down After Homage to Artist Ai Weiwei

Marine Painting Previously Hung in Fortnum and Mason for Sale at Bonhams

Guggenheim Project by Pedro Reyes Explores Stillness and Quiet within New York City

Bonhams Offers Two Hidden Self Portraits by L.S. Lowry and Alfred Munnings

Christie's Sales In Asia: 68% Up Over First Half 2010

Christie's Presents a Global Array of Works of 20th Century Decorative Art & Design

Grand Rapids Art Museum Announces Dana Friis-Hansen as New Director and CEO

Artist Richard Serra's Sculpture to Anchor Qatar Museum Authority's MIA Park

Major New Art Fair Debuts at Chicago's Navy Pier in Sept. 2012

Heath Fox Hired as Deputy Director of Operations for The Broad Art Foundation

History Inked at Bonhams & Butterfields Sir Winston Churchill Fountain Pen Sets World Auction Record

Calder Foundation Announces Rachel Harrison as the 2011 Calder Prize Winner

Effort to Return Marilyn Monroe's Fluttering White Dress from "The Seven Year Itch" to New York City

Freer Gallery of Art and Arthur M. Sackler Galleries Receive Major Gift to Support Persian Art and Culture

Schematic Drawings of the Art Gallery of Saskatchewan Unveiled

From Bold Diamonds to Bob Dylan: June Sales Sizzle at Christie's New York

Most Popular Last Seven Days



1.- Newly discovered Imperial Fabergé Easter egg: A critical note from a Fabergé collector

2.- Tate opens most comprehensive exhibition ever devoted to Matisse's paper cut-outs

3.- First North American survey of the work of Ai Weiwei opens at Brooklyn Museum

4.- The importance of sky studies in landscape art is the subject of the first exhibition in a new Morgan series

5.- Beautiful Bentleys and a 'Rambo Lambo' amongst highlights for sale at Bonhams

6.- Retrospective is the first to encompass Sigmar Polke's works across all mediums

7.- Exhibition presents 100 top-class masterpieces from the collection of the Albertina

8.- Lost treasure found after almost 100 years: Wartski exhibits missing Fabergé egg

9.- Getty Research Institute in Los Angeles acquires a rare 16th century "Book of Friends"

10.- Exhibition of masterpieces from the Austrian Habsburg dynasty brings imperial splendor to the U.S.



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 Rmz. - 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