Chinese Works of Art continued to demonstrate a strong market lead in Buddhist Art, exemplified by the Buddhist Art Under The Empire, which totalled HK$35,502,500 and set a new auction record for a Monk's Cap Ewer, which achieved HK$9,125,000 / US$1,183,325. A notable sale highlight include a group of Buddhist Art from a private Asian collection which exceeded its pre-auction high estimate and was 88% sold by lot. Proceeds from the sale will benefit mental health charities in Asia.
Important Chinese Ceramics and Works of Art also saw brilliant results for scholar's objects, including a group of seals which was 100% sold, led by an Imperial ‘Hanwei Jingji’ Soapstone Seal, which achieved HK$4,205,000 / US$545,302.
Strong prices were also achieved for Song Ceramics including An Important Qingbai Lobed Ewer which fetched HK$2,125,000 / US$275,569, and A Fine and Rare Carved Ding ‘Lotus’ Incense Box and Cover which realised HK$3,000,000 / US$389,038. Both lots achieved multiples over their low estimates.
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The season, Christie's also expanded its digital line-up with the first cross-category Asian Art online sale in the region. Cultivating Delight: Collecting Chinese Art realised a total of HK$13,282,500. The Chinese Paintings offered in the auction sold 78% by lot, achieving 217% of the total pre-sale low estimate, while the top lot of the sale was an Important and Very Rare Bamboo Root Carving of a Frog which fetched HK$2,125,000, 3.5 times its pre-sale high auction.
Following the success of these sales, we are now inviting consignment for our Asian Art autumn auctions. If you are interested in selling with Christie's or curious about the market, please contact us for a complimentary and confidential valuation.
Chi Fan Tsang
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