NEW BRAUNFELS, TX.- The three-session online sale of rare works of Asian art presented by Lark Mason Associates, on
iGavelAuctions.com, concluded on November 3rd, and rang up $932,045.00 in sales including buyers premium.
The series of sales exceeded expectations and showed the market to be remarkably resilient, boding well for the 2023 spring sales of Asian art in March, says Lark Mason. It included nearly 500 lots with a mix of works ranging from ancient works of art to furniture, resulting in a significant number of bidders pursuing works across a variety of categories.
According to Mason the strong response was due to the variety of material and reasonable estimates, and took into consideration the costs incurred by bidders who were incurring packing and shipping costs, in addition to the hammer price at auction.
Forty-eight bidders from Hong Kong, China, Canada, and the United States competed for a Chinese Ink on Paper Hand Scroll, Painting of Antlers, signed Qianlong Emperor, which sold for $118,750, surpassing its estimate ten-fold.
Other lots that surpassed their original estimates were a Chinese Peking Amber Glass Octagonal Bottle Vase eagerly pursued by 38 bidders and snapped up for $17,500; an ink-on-silk Korean Four Panel Ink Screen by Kim K-Chang (1913-2001) sold for $18,125, exceeding its estimate three-fold, with 26 bids.
A pair of Chinese Faux Cloisonne Porcelain Jardinieres, mid-Qing Dynasty sold for $25,000, twice its estimate; a Chinese Brown Jade Huang Form Dragon Pendant sold for $25,000; a pair of Chinese Porcelain Magpie and Prunus Vases, 20th Century far exceeded its $1,200-1500 estimate and garnered $20,625; and a 19th century Carved Beige Stone Gourd Form Snuff bottle rang up $8,125.
In addition to the highlights cited, there were rugs and carpets, such as a Qing Dynasty Blue Peking carpet, with a hand-painted 5-clawed dragon, that sold for $14,453 including BP. Much of the mid-western collection was primarily purchased at auction years ago and when offered again, they realized as much and, in many cases more, than the original purchase price. The variety of superb rugs and carpets attracted a great deal of attention from buyers interested in home furnishings, but once on our site many were enticed to bid on other objects in our sale, says Mason.