RESULTS: Christie’s Hong Kong Asian 20th Century & Contemporary Art auction series totalled HK$677,668,750/US$87,753,125
On 26 and 27 November 2016, Christie’s Hong Kong held three auctions for Asian 20th Century & Contemporary Art and the special themed The Pioneers evening sale which together realised a total of HK$677,668,750/US$87,753,125.
Over 30% of lots sold in the two Day Sales exceeded high estimates
21 artists’ records achieved for works by: Chu Teh-Chun, Lin Fengmian, Atsuko Tanaka, Anita Magsaysay-Ho, Jolene Lai, Na Wei, Shinji Ogawa, Oh Se-Yeol, Fung Yat Fung, Zhou Mingde, Lugas Syllabus, Shinro Ohtake, Abas Alibasyah, Umi Dachlan, Fan Chang Tien, Hsu Tung-Lung, Hwang Yong-Yop, Nguyen Sang, Nguyen Nam Son, Ushio Shinohara and Arie Smit.
Eric Chang, Deputy Chairman, International Director of Asian 20th Century and Contemporary Art, commented “The four sales presented a comprehensive offering of contemporary and modern artists as they continue to gain prominence on the world stage, particularly those from Vietnam, Japan, China, the Philippines, Indonesia, Malaysia, and Korea. Strong bidding in the room, on the phone and online was witnessed across the sales as collectors bid enthusiastically between the different categories of Asian 20th Century Art and Asian Contemporary Art, in the process, setting world records for some the most iconic artists such as Chu-teh Chun, Lin Fengmian, Sanyu, Atsuko Tanaka and Anita Magsaysay Ho”.
Please click HERE for the results of the 27 November Asian Contemporary Art Day Sale, which totalled HK$55,523,750/US$7,189,918 with 78% sold by lot. The top lot for the sale was Class One Series No.1;23;&28 by Zeng Fanzhi, which realised HK$6,300,000/US$815,804. A portion of the sale from the work Wall of Jordan by Michael Lau, which realised HK$1,375,000/US$178,052, will be donated to the charity Youth Outreach.
Please click HERE for the results of the 27 November Asian 20th Century Art Day Sale, which totalled HK$104,725,000/US$13,561,118, with 77% sold by lot. The top lot for the sale was The Mansion of the Queen by Wu Guanzhong, which realised HK$ 6,660,000/US$862,421.
Please click HERE for the results of the 26 November Asian 20th Century & Contemporary Art Evening Sale, which totalled HK$177,800,000/US$23,023,794, with 73% sold by lot. The top lot for the sale was Eastern Youth by Yoshitomo Nara, which realised HK$16,860,000/US$2,183,247.
Please click HERE for the results of the 26 November The Pioneers Sale of which the Asian 20th Century & Contemporary Art pieces contributed HK$339,620,000/ US$43,978,296. The top lot for the sale was Chrysanthemums in a Glass Vase by Sanyu, which realised HK$103,580,000/US$13,412,854.
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