The First Art Newspaper on the Net Established in 1996 United States Friday, October 24, 2014


China Guardian Auctions Co.'s 2012 Spring Auctions season yields over $337mm USD in sales
The Whole Country is Red (Unissued) Stamp, Rare, FV.
BEIJING.- China Guardian Auctions Co., Ltd. concluded its 2012 Spring Auctions, realizing a total of 2.141bn yuan ($337.235mm USD) over two sessions, from May 12-15, 2012 and May 16-21, 2012. The final session, Stamps and Covers, Coins, Banknotes and Bronze Mirrors Auction, yielded 79.90mm yuan ($12.59mm USD) in sales.

“In response to the overall environment of the art market, we have made several changes to the number of lots and catalogs, which led to remarkable results. During the Spring Auctions, we found that the market is starting to move toward more refined segments,” comments Mr. Guo Xueguang, General Manager, Stamps and Coins Department. “Lots that are rare are especially favored, such as the "Long Live Complete Victory of the Great Cultural Revolution" stamps which sold for 7,302,500 yuan ($1.150mm USD), setting a new record in China; and a full set of original series renminbi which sold for 4,025,000 yuan ($634,639 USD). In addition, collections by well-known collectors such as Gong Xinzhao, Xu Zhantang and Japanese coin collector Hirao Sanpei, have also attracted successful bids.”

Estimated to be worth between five to eight million yuan ($787,675 – 1,260,280 USD), the "Long Live Complete Victory of the Great Cultural Revolution" stamps became a vibrant auction highlight on May 21. Issued in 1968 during in the Cultural Revolution in China, the stamps were immediately withdrawn due to a design error, and very few have appeared in the public.

“The withdrawn stamp is among the rarest in China as only eight pieces of the same version exist. It is unised, rich in color, and in good condition. The record price reflects its scarcity and fervent attention from the collectors, ” said Mr. Guo.

At the Banknotes session, a full set of first series renminbi (1948-1951) sold for 4.025mm yuan ($634,369 USD). An original series renminbi 500-yuan issued by the People's Bank of China sold for 655,500 yuan ($103,260 USD); and a tianzhen, private banknote, from the Xianfeng Period of the Qing Dynasty sold for 437,000 yuan ($68,840 USD).

A set of ancient silver wine vessels, collected by Gong Xinzhao, sold for 4.197mm yuan ($661,232 USD) at the Ancient Bronze Mirrors, Gold and Silver Utensils session, and a gilding official seal of Tibet from the Qing dynasty sold for 598,000 yuan ($94,203 USD).

A gold box from the Qing dynasty, engraved with human figures and made by the Imperial Academy, which was presented as a gift by the government official Qi Shichang to his aunt sold for 460,000 yuan ($72,464 USD).

A bronze mirror with two phoenixes, collected by Xu Zhantang, sold for 4.025mm yuan ($634,058 USD), followed by two bronze mirrors designed with auspicious beasts and grapes which sold for 402,500 yuan ($63,406 USD).

Gold and silver sycees, ancient coins collected by Hirao Sanpei, were well received. A small-size brass mother coin “宣统通宝” with two Chinese characters“宝泉”sold for 690,000 yuan ($108,696 USD), seven times its estimated price; and a brass mother coin “光绪通宝” with “宝泉” on the reverse side sold for 517,500 yuan ($81,522 USD).

A silver sycee of 50-taels from the Tang Dynasty, also collected by Gong Xinzhao, sold for 494,500 yuan ($77,899USD). According to Sun Zhonghui, an expert in ancient coins, the sycee was likely used to collect taxes on private houses. In addition, a silver sycee of salt merchants, 50-taels, from the Jin Dynasty sold for 460,000 yuan ($72,464 USD).

At the Modern Coins session, the highlights included the Hupoo Ta Ching silver pattern coin inscribed with the Chinese character for middle,"中", which sold for 391,000 yuan ($61,594 USD); Kiang Nan province, Kuang Hsu Yuan Pao (undated) with an ornamental edge sold for 333,500 yuan ($52,536 USD); closely followed by a silver pattern coin of dragon and phoenix produced in 1923, which sold for 332,000 yuan ($52,300 USD).





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.- Image of a Christ without a beard, short hair and wearing a toga unearthed in Spain

2.- Giant mosaic unearthed in mysterious tomb in Amphipolis in northern Macedonia

3.- Bonhams sale of 18th century French decorative arts to benefit Fine Arts Museums of San Francisco

4.- Paris flustered by erection of 'sex-toy' sculpture; Paul McCarthy slapped by a passer-by

5.- High art or vile pornography? Marquis de Sade explored in Orsay museum exhibition

6.- 'Cubism: The Leonard A. Lauder Collection' opens at the Metropolitan Museum of Art

7.- Greek culture minister says Elgin Marbles return a matter of 'global heritage'

8.- Vandals deflate Paris 'sex-toy' sculpture by American artist Paul McCarthy after outrage

9.- Exhibition at National Gallery in London explores Rembrandt's final years of painting

10.- 'Hans Memling: A Flemish Renaissance' opens at the Scuderie del Quirinale in Rome



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