NEW BRAUNFELS, TX.- Lark Mason Associates
online auction of Asian Works of Art concluded on April 18th with an impressive result totaling over $1,650,000 for 66 lots selling out of 84 offered. The sale was previewed in their New Braunfels, Texas and New York City showrooms during Asia Week New York and was open for bidding in March and April on the iGavelauctions platform.
Asia Week New York, which attracts a wide spectrum of bidders from around the world, had record results in sales topping over $420,000,000. This enthusiasm for Chinese art during Asia Week carried forward in the online auction offered by Lark Mason Associates, one of the auction house partners of Asia Week New York, has long been associated with realizing top prices for Asian art at auction. Said Lark Mason, who just ended his two-year position as Chairman of Asia Week New York: The Asian art market is robust, wide, and deep. Our results and the records set during Asia Week indicate not just significant strength in this market, but a new benchmark for Asian art.
A fine and rare Large Huanghuali Recessed Leg Table, particularly notable because of the solid board top, blew past the presale estimate of $150,000-250,000 realizing $876,000. Bidding was strong from Asia and the table sold to a notable Chinese dealer. Large-size tables of Huanghuali rarely appear on the market and the results were not unexpected. Mason, a well-known authority on Chinese furniture remarked: The strong price for the table was not a surprise. The market is sorting between the very best objects and those of lesser quality and the best items such as this table are extremely scarce and desirable and reaching astounding price levels.
Other furniture excelled in the auction including a pair of Chinese Huanghuali Horseshoeback Armchairs, dating to the 17th century, that fetched $237,500 and an exquisite 17th century Chinese Huanghuali Low Table, Kangji, which realized $58,750. The sale had a very good selection of ancient Chinese bronze vessels and archaic jade ritual objects. The highlight of the archaic bronzes was a Chinese Archaic Bronze Cooking Vessel, Yan, Western Zhou Dynasty which went into extended bidding with interest from Asia, Europe, and the United States, finally selling after 44 bids to an Asian buyer. The group of Archaic Chinese Jade Ritual Objects was also highly sought after and realized a total of nearly $100,000 for the group. Critical to these results was the solid provenance of the objects and reputation of Lark Mason Associates.