The First Art Newspaper on the Net Established in 1996 United States Friday, July 11, 2014


Sotheby's Hong Kong six-day Spring Sale Series achieve US$280 million including world records
Among coloured stones, a natural 19.54-Carat Cushion-shaped Colombian Emerald and Diamond Ring estimated at HK$8 – 9 million saw keen competition and brought HK$15.04 million / US$1.93 million (Est. HK$8 – 9 million / US$1 – 1.15 million).”
HONG KONG.- Discussing the Spring Sale Series 2013, Patti Wong, Chairman of Sotheby’s Asia, said: “Sotheby’s was the first international auction house to establish a permanent office and selling base in Hong Kong and this year celebrates its 40-year commitment to its Asian clients. As a globally respected auction house which boasts the strongest worldwide team of experts and client network, we have been able to source some of the best objects and private collections from around the world for our clients. This week’s impressive results are a testimony to our capabilities. We have achieved a world auction record for Kangxi porcelain with the sale of the Magnificent Ruby-Ground Falangcai ‘Double-Lotus’ Bowl from the Collection of Dr. Alice Cheng, stunning prices for Modern Chinese paintings by masters like Zhang Daqian, for Southeast Asian artist Lee Man Fong, and for 20th Century Chinese artists Wang Yidong and Zao Wou-Ki. There was international attention for the single-owner collection devoted to Yoshitomo Nara’s work. Our offering of a stunning private collection of modern decorative clocks by Patek Philippe, Cartier and others were part of a Sale which set a Sotheby’s record and a record for a Sale of Timepieces in Asia. In our Jewellery sale we set a Per-Carat Auction Record for Round White Diamond with the sale of a stunning 28.86-carat Round D Flawless.”

Speaking of Sotheby’s initiatives in Asia, Kevin Ching, Chief Executive Officer of Sotheby’s Asia, said: “Just as Sotheby’s was the first international auction house to introduce fine art auctions to Hong Kong, so today we have been the first in the industry to expand and develop business in China and all over Asia. Having become the first international fine art auction house to secure an auction license in China, we will be holding our first official auction in Beijing later this year. We are also thrilled to have been entrusted once again with a selection of masterpieces by the Chinese master Zhang Daqian (Chang Dai-chien) from the Mei Yun Tang Collection, which is internationally recognised as one of the most preeminent and comprehensive private collections of Zhang Daqian’s paintings. These will be offered at an auction in Sotheby’s Hong Kong Gallery in late May 2013 where we will also be holding dedicated sales of snuff bottles from the prestigious Mary and George Bloch Collection as well as important
modern watches and clocks.

“As well as serving our existing clients, we look forward to introducing our nearly 300 year-old brand and our excellent services and international standards to the fast-expanding community of collectors and art lovers in China and the rest of Asia.”



*Estimates do not include buyer’s premium and prices achieved include the hammer price plus buyer’s premium.



Today's News

April 10, 2013

Dynamo: A century of light and motion in art, 1913-2013 on view at the Grand Palais in Paris

Christie's becomes first international fine art auction house to operate independently in mainland China

Metropolitan Museum announces gift of major Cubist collection from Leonard A. Lauder

The Morgan receives important group of J.D. Salinger letters that reveal little-known side of the author

The Pop Object: The Still Life Tradition in Pop Art opens at Acquavella Galleries

Franco-Chinese abstract painter Zao Wou-Ki dies at home at the age of 93: Lawyers

"Overdrive: L.A. Constructs the Future, 1940-1990" opens at the Getty Museum in Los Angeles

Baltimore Museum of Art takes steps to ensure financial sustainability; include a reduction in personnel

Edelman Arts announces exclusive representation of noted Brazilian painter Paulo Laport

Edge Order Rupture: Group show that spans three generations opens at Galerie Lelong in New York

Sotheby's Hong Kong six-day Spring Sale Series achieve US$280 million including world records

A young John Keats steps into the public gaze as a new discovery brings him back to life at Bonhams

Museum of Modern Art announces Target to become sponsor of school & teacher programs

A Portrait, a Story, and an Ending: Alejandro Cesarco exhibits at Kunsthalle Zurich

National Portrait Gallery unveils its new portrait of Dame Maggie Smith

Fr. 1166c $100 1863 Gold Certificate highlights Heritage Auctions' Second CSNS Currency Platinum Night

Limited Edition Montegrappa Fountain Pen honoring Bruce Lee on offer at Bonhams in June

Eli Ping's fourth solo exhibition with Susan Inglett opens in New York

The David Geffen Foundation donates $25 million to The Academy Museum of Motion Pictures

Fiat Lux: Stefan Abrams, Micah Danges, James Johnson, Anna Neighbor and Brent Wahl at The Print Center

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