RESULTS: Christie's Hong Kong Fine Chinese Classical Paintings and Calligraphy Sale

Hong Kong

Fine Chinese Classical Paintings and Calligraphy

Hong Kong – 28 May 2012 (Monday) – Sale no: 2910 – Top Ten

[All sold prices include buyer’s premium]

 

Sold:   HK$ 205,111,250

US$ 26,418,329

£ 16,839,634

€ 21,023,903

Lots Sold: 141

Lots Offered: 164

Sold by Lot: 86%

Sold by HK$: 91%

Exchange Rate: HK$1 = US$0.1288 / £0.0821 / €0.1025

 

Lot

Description

Estimate (HK$)

Purchase Price

Buyer

2757

DONG QICHANG (1555-1636)

Poems in Running Script Calligraphy

5,000,000 - 7,000,000

HK$ 57,780,000

US$ 7,442,064

£ 4,743,738

€ 5,922,450

US Private

2738

 

SHEN ZHOU(Att. to, 1427-1509)

Farewell to Wu Kuan

 

600,000 - 800,000

HK$ 37,060,000

US$ 4,773,328

£ 3,042,626

€  3,798,650

Asian Private

2809

WANG SHIMIN (1592-1680)

Reading in the Autumn Mountain

800,000 - 1,000,000

HK$ 10,180,000

US$ 1,311,184

£ 835,778

€1,043,450

Asian Private

2812

ANONYMOUS (12TH-13TH CENTURY)

Fish in Spring Water

120,000 - 150,000

HK$ 8,420,000

US$ 1,084,496

£ 691,282

€863,050

Asian Private

2787

WANG DUO (1592-1652)

Five-character Poem in Cursive Script

3,500,000 - 4,000,000

HK$ 7,220,000

US$ 929,936

£ 592,762

€ 740,050

Asian Private

2745

SHAO MI(1594-1642)

Landscapes after Old Masters

800,0000 - 1,000,000

HK$ 5,060,000

US$ 651,728

£ 415,426

€  518,650

Asian Private

2852

EMPEROR KANGXI (1654 - 1722, REIGNED 1662 - 1722)

Five-character Poem in Running Script

500,000 - 700,000

HK$ 3,140,000

US$ 404,432

£ 257,794

€321,850

Asian Private

2795

WANG DUO (1592-1652)

Cursive Script Calligraphy

3,000,000 - 4,000,000

HK$ 2,900,000

US$ 373,520

£ 272,650

€ 297,250

Asian Private

2815

BADA SHANREN(1626-1705)

Narcissus and Taro

1,000,000 - 1,500,000

HK$ 2,900,000

US$ 373,520

£ 238,090

€297,250

Asian Private

2782

A 13TH CENTURY RUBBING

Ding Wu Lan Ting Xu Stele

80,000 - 100,000

HK$ 2,660,000

US$ 342,608

£ 218,386

€272,650

Asian Private

 

 

 

Hong Kong - Christie’s spring sale of Fine Chinese Classical Paintings and Calligraphy achieved a total of HK$205,111,250 (US$26,418,329) with an overall sold rate of 86% by lot and 91% by value, generating the highest earning sale in the history of the Chinese Classical Painting category for Christie’s.

 

Ben Kong, International Specialist Head of Christie’s Chinese Paintings Department, said, “The Chinese Classical Paintings & Calligraphy sale this season witnessed the total sale volume increase by 52% as compared to last spring’s sale for the category, making the sale the most valuable Chinese Classical Paintings & Calligraphy sale in the history of Christie’s. Of the sold lots, 73% were sold above the pre-sale estimate. Three achieved in excess of HK$10,000,000, six achieved in excess of HK$5,000,000 and twenty-eight achieved in excess of HK$1,000,000. Of particular note was Dong Qichang’s work, Poems in Running Script Calligraphy, which contains the collectors’ seals of Emperor Qianlong and Emperor Jiaqing and is published in the critically acclaimed literature, Shiqu Baoji. After several rounds of fierce bidding, the work was sold for HK$57,780,000, over ten times the pre-sale estimate. Also included in the top ten is the rare handscroll entitled, Farewell to Wu Kuan. Attributed to revered Ming Dynasty court painter Shen Zhou, the work includes several colophons of renowned collectors dating back to the Ming Dynasty. The important artistic value of this work has been widely recognized by prominent art collectors of each successive dynasty. This lot sold for HK$37,060,000, in multiples of its pre-sale estimate. Another top-selling lot was Fish in Spring Water by an anonymous artist (12th-13th century), which sold for HK$8,420,000, also in multiples of its pre-sale estimate.”

 

The strong results of the Chinese Classical Paintings & Calligraphy sale affirm the great confidence and enthusiasm of the collectors for this category, made further indicative by the fiercely competitive bidding that ensued within the saleroom. This sale attracted active bidding from a diverse group of international collectors, 84% of which hailed from Greater China. The vigor of the sale confirms the increased sophistication of the market and great potential for growth in the category of Chinese Classical Painting, with buyers competing for exceptional works of superlative quality and important provenance.

 

Images can be downloaded here:

http://cshk.myftp.org/2012%20Spring%20Christie's%20Hong%20Kong%20Auctions/CHA/RESULTS/CCP/IMAGES/

 

To view the full auction results:

http://www.christies.com/sales/chinese-classical-and-modern-hong-kong-may-2012/chinese-classical.aspx

 

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