The First Art Newspaper on the Net   Established in 1996 United States Sunday, July 24, 2016


Sotheby's Hong Kong Fine Chinese 2010 Autumn Sale Fetches US$52.2 Million
Works by other Chinese masters such as Zhang Daqian and Qi Baishi also achieved strong prices.
HONG KONG.- Today, on the 4th day of the seven-day Sotheby’s Hong Kong Autumn 2010 sales series, the sale of Fine Chinese Paintings achieved triumphant results. The sale commanded HK$407 million / US$52.2 million (est. HK$120-174 million / US$15.4-22 million), establishing Sotheby’s Highest-Ever Total for a Various Owners Sale of Fine Chinese Paintings. All but three of the 270 works offered found buyers, which represents and builds on the solid success of our Spring 2010 sale.

The top lot of the sale is Fu Baoshi’s Court Ladies which sold for HK$33 million / US$4.2million, multiplying its pre-sale estimate (HK$5-7 million/ USD 640,000-890,000). Works by other Chinese masters such as Zhang Daqian and Qi Baishi also achieved strong prices.

C.K. Cheung, Head of Sotheby’s Fine Chinese Paintings Department, commented: “Chinese Masters such as Zhang Daqian, Fu Baoshi and Qi Baishi and many others triumphed today. These remarkable results, in which all but three of the 270 works offered found buyers, represent Sotheby’s highest-ever total (HK$407 million / US$52.2 million) for a Various Owners sale of Fine Chinese Paintings and build on the solid success of our Spring 2010 sale. They demonstrate that discerning buyers will respond enthusiastically to a carefully-curated sale of high-quality paintings and calligraphy, which offer thematic diversity, rarity, historical significance and freshness to the market.

Twenty-two Paintings and Calligraphy from the Collection of Chai Sian Kwan (Lots 1128-1149) performed exceptionally well as Chinese buyers throughout Asia sought works with the renowned provenance of a collector who was known not only for his discerning eye but also the special relationships he enjoyed with many of the artists whose works he collected. Our strategy of conservative presale estimates encouraged bidders to vigorous competition throughout the sale and 91% of the lots achieved prices with premium in excess of the high estimate.”

Sold by lot: 98.9%
Sold by value: 99%

Upcoming auctions:
October 6 – Important Watches and Magnificent Jewels and Jadeite
October 7-8 – Fine Chinese Ceramics and Works of Art






Today's News

October 5, 2010

Tate Britain in London Shows Works by the Four Artists Competing for the Turner Prize

The Onassis Cultural Center in New York Explores the Role of Heroes in Society

Modern Works by Artist Joan Miró Displayed at Metropolitan Museum with Dutch Old Master Paintings

Sotheby's Hong Kong Fine Chinese 2010 Autumn Sale Fetches US$52.2 Million

New Work by Turner Prize Nominated Artist, Cornelia Parker, Loses Wing in Cuts Campaign

Sidney Nolan's Antarctic Paintings on Display at the Polar Museum in Cambridge

More than 60 Rare and Unpublished Photographs by Richard Avedon Set for Auction

First Kristin Baker Exhibition in an American Museum Opens at Museum of Fine Arts, Boston

Fire Virtually Destroys Southeastern England Landmark 19th-Century Hastings Pier

First Day of Historic Three-Day Attic Sale at Chatsworth Realises US$7 Million

As 'Peanuts' Turn 60, Schulz Family Plans Future - More TV Specials and New Film

Important Whistler and Old Master Prints at Swann Galleries' Three-Part Print Auction

Portland-based Artist to Exhibit for Art For Arts' Sake Opening of the New Orleans Art Season

Baba Bling: The Peranakan Chinese of Singapore at the Musée du Quai Branly

Rainer Fetting's "Manscapes", Painted between 1974 and 2010, on View at Kunsthalle Tubingen

Sears Wants to Buy Back Willis Tower Sculpture Made by Alexander Calder

"Father of Indonesian Modernism" - S. Sudjojono's A New Dawn Sold for an Impressive US$1.4 Million at Sotheby's.

Maryhill Museum of Art Announces Plans for First Expansion in 70-Year History

Christie's Hosts a Public Art Exhibition Showing Highlights of Modern Middle Eastern Art

100-Year-Old Pennsylvania Museum Time Capsule Found Spoiled

The Grammy Museum Premieres Its Latest Exhibit: John Lennon, Songwriter

Chinese Collectors Smash Estimates At Sotheby's Contemporary Asian Art Auction In Hong Kong

Exceptional Painting by George Stubbs to Be Offered for Sale at Sotheby's London in December

Scotland + Venice Announces Karla Black to Represent Scotland at 54th Venice Biennale

First Solo Display of Work by Photographer Mary McCartney at the National Portrait Gallery

Christie's Presents the Stuart Collection of Magnificent Regency Silver

Exhibition at the Museo Picasso in Malaga Explores the Toys of the Avant-Garde

Fine Art Asia 2010: A Bridge between Tradition and Modernity, East and West Returns for 6th Edition

A Life-Size Bronze Sculpture by Henri Matisse Could Fetch $35 Million at Auction

Painting by Marc Chagall Breaks Record at Seoul Auction's Modern and Contemporary Art Sale

Inverted, Upside-Down, Contorted: Mirror Images in New Exhibition at Phæno in Wolfsburg

Muhammad Ali Memorabilia to Raise Over £7K for Parkinson's United Kingdom at Bonhams

La Belle Romaine to Lead Sotheby's November 2010 Impressionist & Modern Art Evening Sale

Well-Known Austrian Architect Dies

Most Popular Last Seven Days



1.- 100 nude women pose in Cleveland, reflecting on Trump

2.- West Kowloon Cultural District Authority appoints M+ Executive Director

3.- Hieronymus Bosch, Touched by the Devil: Movie has US premiere at Film Forum

4.- Masterpieces replaced by fakes in six national galleries in treasure hunt

5.- On the Verge of Insanity: Van Gogh 'suicide gun' on display in Amsterdam

6.- Getty Museum opens exhibition of illuminated manuscripts

7.- Two rolls of early Kodak film acquired by the George Eastman Museum

8.- Dark secrets of the man who opened architecture to the light

9.- Chinese artist Ai Weiwei's refugee life jackets in Vienna palace pond

10.- Gallery 19C brings together two views of Venice by Jean-Baptiste-Camille Corot



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