The First Art Newspaper on the Net   Established in 1996 United States Wednesday, September 28, 2016


Christie's Hong Kong Spring Sales of Chinese Paintings achieve HK$782,284,000/US$100,758,179
Dong Qichang (1555-1636), Poems in Running Script Calligraphy. Estimate (HK$) 5,000,000 - 7,000,000. Purchase Price: HK$ 57,780,000/US$ 7,442,064/£ 4,743,738/€ 5,922,450.
HONG KONG.- Christie’s Hong Kong Chinese Painting sales this spring season achieved HK$782,284,000 (US$100,758,179) over the course of two days. The sale of Fine Chinese Classical Paintings & Calligraphy on the afternoon of May 28 realized in excess of HK$205,111,250 (US$26,418,329) making the sale the most valuable in the history of the category for Christie’s. The two sales on May 29, Fine Chinese Modern Paintings and Grandiose and Mysterious – Magnificent Paintings by Cui Ruzhou, achieved HK$577,172,750 (US$74,339,850) with an overall sold rate of 91% by lot and 93% by value.

Ben Kong, International Specialist Head of Christie’s Chinese Paintings Department, remarked, “The sales of Fine Chinese Modern Paintings this season marked a sold rate of 91% by lot and 93% by value. Among all the sold lots, 82% sold over the pre-sale estimate, 6 lots achieved in excess of HK$10,000,000 (US$1,288,000), 18 achieved in excess of HK$5,000,000 (US$644,000) and 109 achieved in excess of HK$1,000,000 (US$128,800). Zhang Daqian’s Separation, a striking ink and color on paper of great historical significance, had a starting bid of HK$18,000,000 (US$2,318,400). The masterpiece was sold for HK$34,260,000 (US$4,412,688) and assumed its place as leading lot of all of the combined Chinese Modern Painting sales this season. The works by other modern masters such as Xu Beihong, Qi Baishi, Lin Fengmian also sold for multiples over their pre-sale estimates.

The sale of The Grandiose and Mysterious – Magnificent Paintings by Cui Ruzhou realized HK$123,000,000 (US$15,842,400) with an overall sold rate of 93% by lot and 92% by value. 2 lots achieved in excess of HK$10,000,000 (US$1,288,000), 4 lots achieved in excess of HK$5,000,000 (US$644,000), and 26 lots achieved in excess of HK$1,000,000(US$128,800). The top lot Beautiful Spring was sold for HK$ 23,060,000 (US$2,970,128).

The three Chinese painting sales this season continued to incite bidding from a diverse group of collectors, further reflecting a pattern of sustained growth of the market for Chinese Paintings.”






Today's News

May 30, 2012

Frieder Burda's collection on view for the first time in France at Musée Granet

First exhibition on the work of eighteenth-century court goldsmith opens at the Frick Collection

Baroness Carmen Thyssen Bornemisza to sell "The Lock" by John Constable at Christie's

Greek experts find Roman-era shipwrecks nearly a mile deep off an island

Archaeologists discover One thousand years of history in a Sicilian farmland estate

1,600-year-old mosaic at Israeli city of Tiberias synagogue damaged by vandals

Sotheby's to offer a fully functioning Apple I; First Apple Computer made by Steve Jobs and Steve Wozniak

Scottish auctioneers to sell the collection of a U.S. media family in Edinburgh

China Guardian Auctions Co.'s 2012 Spring Auctions season yields over $337mm USD in sales

Andy Warhol's take on the Queen, from the Reigning Queens series, for sale at Bonhams

Christie's Hong Kong Spring Sales of Chinese Paintings achieve HK$782,284,000/US$100,758,179

South Africa's Goodman Gallery to remove painting from website after thousands protest

"Goin' Home, Goin Home": Mike Kelley's mobile homestead to be built in Detroit

Susanne Ghez steps down at The Renaissance Society after 40 years

Fundacion Mapfre presents the exhibition Ernst Ludwig Kirchner (1880-1938)

Historic New England awards prize for collecting works on paper

Author's son seeks Malcolm X letter at Syracuse

Julien's Auctions to resent Sports Legends/Music Icons Auction on June 23rd and 24th

Galleri Lars Olsen presents two video works by Swiss artist Jessica Faiss

1908 Summer Games set the stage for other Olympics

Most Popular Last Seven Days



1.- Stone Age mummy Oetzi still revealing secrets, 25 years on

2.- Tunisian remains found by British researchers prove 100,000-year human presence

3.- Rembrandt's four earliest paintings reunited for the first time at the Ashmolean

4.- Baltimore Museum of Art is one of only two major U.S. museums to feature an installation by transgender artists

5.- Archaeologists find 2,000-year-old human skeleton at Mediterranean shipwreck

6.- Digitally unwrapped scroll reveals earliest Old Testament scripture

7.- Rich London residents angry over Tate Modern voyeurs

8.- V&A Museum chief quits to fight nationalism post-Brexit

9.- Exhibition in Turin celebrates the most important family of Flemish artists

10.- Pointillism is now the focus of a high-calibre exhibition at the Albertina in Vienna



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 avemariasound.org juncodelavega.com 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