HONG KONG.- Bonhams Hong Kong achieved an unprecedented fifth sell out auction of the celebrated Snuff Bottles from the Mary & George Bloch Collection with the sale of Part V today, 27 May 2012 at a packed saleroom at the Island Shangri-La Hotel.
Hot on the heels of the extraordinary success achieved from the sales of Parts I to IV in which every single snuff bottle from the collection has been sold, with world records broken in 11 different categories, Bonhams sold all 168 bottles from Part V of the collection for a total of HK$42,423,000, exceeding its high pre-sale estimate of HK$40,000,000.
As expected, Imperial Famille-rose enamel on copper with gold snuff bottles made in the Beijing palace workshops took the top spots of the sale. Lot 38, an exquisite 5cm high famille-rose enamelled-copper with gold European ladies with children snuff bottle sold for HK$4,820,000, while another famille-rose enamelled copper with gold snuff bottle, this time lot 167 a 4.9cm high one showing figures in mansion, sold for HK$3,620,000. Both were made for the Qianlong emperor between 1736-1775. Coming in at HK$3,020,000 was lot 148, a 5.02cm high famille-rose enamel on copper with gold snuff bottle featuring European subject made by imperial command of the Kangxi emperor between 1705-1718.
Numerous snuff bottles were sold at multiple times their estimates, with a jadeite one selling for HK$1,460,000 against pre-sale estimates of HK$800,000-900,000 and an inscribed hornbill Ma Gu snuff bottle selling for HK$1,340,000, four times its estimate of HK$350,000-400,000.
Julian King, Head of Chinese Ceramics and Works of Art at Bonhams Hong Kong, commented on the results, and Bonhams place at the forefront of collectables in China and Hong Kong, Bonhams has been setting world record prices with the sale of the Mary and George Bloch Collection, since the first sale took place in May 2010, in Hong Kong. As the leading auction house in the world for Chinese snuff bottles, we are very pleased with the results of Part V of the collection. As a growing number of collectors vie for the best snuff bottles, their value has remained steady. Over the last decade prices have increased over fourfold making this collectable a highly portable alternative investment.