Ren Renfa's 'Five Drunken Princes Returning on Horseback' soars to US$40 Million
The First Art Newspaper on the Net    Established in 1996 Monday, October 7, 2024


Ren Renfa's 'Five Drunken Princes Returning on Horseback' soars to US$40 Million
Over 100 bids were received, pushing the final sale price to HK$306,551,000 / US$39,555,000. Courtesy Sotheby's.



HONG KONG.- Yesterday at Sotheby’s in Hong Kong, a 75-minute bidding battle broke out as collectors competed to acquire Ren Renfa’s Five Drunken Princes Returning on Horseback, a late 13th / early 14th scroll from the Yuan dynasty. Over 100 bids were received, pushing the final sale price to HK$306,551,000 / US$39,555,000, well beyond the pre-high estimate of HK$120,000,000 / US$15,484,000 – a sum that establishes the scroll as the most valuable work sold at auction in Asia in 2020, and the most valuable Chinese ink painting sold by Sotheby’s Hong Kong. This historic moment stands as the longest bidding war in living memory. Ren’s masterpiece was already highly prized by the time of the Ming dynasty, encapsulated in the words of literarti painter Zhang Ning (1426-1496): “Black, Yellow, Red, White, and Mottled Horses. Every horse is worth a thousand taels of gold.”

Nicolas Chow, Chairman, Sotheby’s Asia, International Head and Chairman, Chinese Works of Art, said, “What better home for this masterpiece of Chinese painting, than the Long Museum in Shanghai - whose collection of ancient Chinese Art is among the best in the world.”




Steven Zuo, Head of Fine Classical Chinese Paintings, Sotheby’s Asia, commented, “When I first unrolled this highly important and exquisite scroll by Ren Renfa, I knew that bringing this masterpiece to auction was set to be one of the most exciting moments of my career at Sotheby’s. Today the market spoke, and the extraordinary price achieved for an artwork that marries impeccable provenance with painterly brilliance, rarity with exceptional condition, is thoroughly deserved. Its rapturous reception at our pre-sale exhibition was a harbinger for the flurry of bids we received today, which elevated it to a final price that stands as the most valuable Chinese ink painting we have ever sold.”

FURTHER NOTABLE PRICES

• Huang Yue (1750-1841); Zhao Bingchong (1757-1814), Landscapes after Si Kongtu. Sold for HK$20,745,000 / US$2,676,800. Estimate: HK$5,000,000 - 8,000,000 / US$650,000 - 1,040,000

• Bada Shanren (1626-1705), Lotus. Sold for HK$11,307,000 / US$1,459,000. Estimate: HK$2,000,000 - 3,000,000 / US$259,000 - 388,000










Today's News

October 10, 2020

Van Gogh Museum displays rarely seen letters by Vincent van Gogh

Ren Renfa's 'Five Drunken Princes Returning on Horseback' soars to US$40 Million

The Queensland Art Gallery │ Gallery of Modern Art announces transformative bequest

Sotheby's announces 28 October date for Contemporary and Impressionist & Modern Art Evening sales

Simon Denny presents a group of new works at K21

Shakespeare's rare 'First Folio' to be auctioned at Christie's 14 October in New York

Now open: Jill Mulleady "Decline & Glory" at Gladstone Gallery, Brussels

Broadway will remain closed at least through May

MAXXI's collection is enriched with masterpieces by great masters with the exhibition senzamargine

Black trustees join forces to make art museums more diverse

PART Palazzi dell'Arte: The new contemporary art museum in Rimini is now open to the public

New book: The Goldfinger Files by Steffen Appel and Peter Wälty

Artist Frank Bowling awarded Knighthood in Queen's Birthday Honours

Frist Art Museum opens major survey of works by Rina Banerjee

Exhibition brings together eleven artists' projects that respond to a world turned upside down

A writer-director-star breaks through. It only took a lifetime.

Limited edition Daum bronze and collection of Art Deco and art glass capture spotlight at Heritage Auctions

Christie's announces highlights included in the Prints and Multiples Fall sales

Exhibition featuring the Venezuelan artist Sol Calero opens at Copenhagen Contemporary

Success for Martin Cohen's Final Chapter at Bonhams New York

Exhibition provides an overview of ongoing research processes and analyses at the BarabásiLab

M - Museum Leuven opens an exhibition of works by Ericka Beckman

Sarajevo's Olympic Museum reopened 25 years after war

Hong Kong performers long for the stage as pandemic drags on

Exorbitant Artistic Antiques with A Paradoxical Assay

HOW TO PLAN A PERFECT WEDDING: ULTIMATE WEDDING PLANNING CHECKLIST

THE ART OF RANKING YOUR BUSINESS HIGHER ON GOOGLE: A STEP BY STEP GUIDE

Great Artwork in Video Slot Games

History of Ancient Roman Art

Why Is the Isleworth Mona Lisa So Much Younger?

Two vital tools that can help you grow as a creative

TOP 10 advice for people who are looking to rent a room in NYC

888Sport Named As Official UK NFL Sports Betting Partner

Why we prefer online gaming to earn money?

Best quality Styrian Pumpkin

Survival Rifle

TRAVELING WITH FRIENDS FOR A VACATION IN LONDON




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
(1941 - 2019)
Editor & Publisher: Jose Villarreal
Art Director: Juan José Sepúlveda Ramírez
Writer: Ofelia Zurbia Betancourt

Attorneys
Truck Accident Attorneys
Accident Attorneys
Holistic Dentist
Abogado de accidentes

Royalville Communications, Inc
produces:

ignaciovillarreal.org juncodelavega.com facundocabral-elfinal.org
Founder's Site. 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 Parroquia Natividad del Señor
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