Hong Kong – Celebrating Christie’s 250th anniversary this year, the Hong Kong Autumn auctions introduced a series of innovative and ground-breaking sales that were well received by international collectors. The season achieved a series of world records for remarkable masterpieces, of which the Asian 20th century and contemporary art department alone set 21 records, including those for iconic artists such as Sanyu, Chu-teh Chun, Lin Fengmian and Atsuko Tanaka.
Rebecca Wei, President of Christie’s Asia, commented “The week of sales attracted both new and long-standing buyers across price levels, styles, media and periods, testifying to the increasingly cross-category and international tastes of collectors in the region. The Christie’s Hong Kong sales room continues to grow into a global epicentre of art and culture, with almost 30,000 visitors recorded during the week long sales”.
“We continue our strong commitment to selling and exhibiting international works of art in Asia. Starting with the Picasso exhibition in Beijing, the unveiling of the world’s most expensive Monet in Hong Kong and The Loaded Brush special selling exhibition during the Hong Kong Sales week, reaffirmed our commitment to bringing outstanding art to Asia” Wei added.
25 & 26 November 2016
The highlight of the season was Domaine de la Romanée-Conti, 1988, which realised HK$1,347,500 / US$174,491. Wines were offered from several distinguished private collections, with strong international bidding and high sale-through rates. Click for the full results: Fine and Rare Wines: A Gentleman’s Collection and Fine and Rare Wines Featuring Exceptional Private Collections.
Asian 20th Century & Contemporary Art
26 & 27 November 2016
Top lot of the sale series was Chrysanthemums In a Glass Vase by Sanyu, which realised HK$103,580,000 / US$13,412,854. 21 artists records set, including iconic modern masters such as Chu-teh Chun, Lin Fengmian and Atsuko Tanaka. 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. Click for the full results: The Pioneers, Asian 20th Century & Contemporary Art (Evening Sale), Asian Contemporary Art (Day Sale), and Asian 20th Century Art (Day Sale).
28 November 2016
Top lot of the season was an extremely fine and possibly unique pendule à cercle tournant mantel clock, 1990’s, by Cartier, which realised HK$5,820,000 / US$$753,648. The sale also celebrated the 40th anniversary of the Patek Philippe Nautilus, with 10 such examples offered in the Hong Kong sales. Click for the full results: Important Watches including Nautilus 40 Part III.
28 & 29 November 2016
The top lot for of the season was Landscapes and Flowers by Bada Shanren, which realised HK$39,740,000 / US$ 5,146,040. Almost half of all lots exceeded high estimates. Click for the full results: Chinese Contemporary Ink, Fine Chinese Classical Paintings and Calligraphy, and Fine Chinese Modern Paintings.
29 November 2016
The highlight this season was The Ratnaraj, a 10.05 ct rare Burmese ruby, which fetched HK$78,940,000 / US$10,226,448, setting the third highest price per carat of US$ 1,017.557 for a ruby. The sale was led by a Moussaieff blue diamond ring which achieved US$2.7m per carat. The sale attracted 149 buyers from 23 countries across 4 continents. Click for the full results: Hong Kong Magnificent Jewels.
Chinese Works of Art
30 November 2016
The top lot for of the sale season was a Painted Anhua- Decorated Blue and White ‘Dragon” Stem Bowl which realised HK$68,860,000 / US$ 8,917,900. This season also featured the sale of Chinese Ceramics from the Yangdetang Collection, offering works of renowned provenance. A combined 34% of lots in both sales exceeded their high estimate. Click for the full results: Chinese Ceramics from the Yangdetang Collection, and Important Chinese Ceramics and Works of Art
Handbags & Accessories
30 November 2016
The top lot for of the sale was a One-of-a-Kind Set of 8 Leather Forever Star Bags which realised HK$2,460,000 / US$318,589, setting a new world record for a collection of miniature handbags by Hermès. An additional highlight was a one-of-a-kind Passe-Guide Star Bag, which was previously showcased in the “Leather Forever” exhibition, which realised HK$500,000 / US$64,754. Click for the full results: Handbags & Accessories.
Founded in 1766, Christie’s is a world-leading art and luxury business. Renowned and trusted for its expert live and online auctions, as well as its bespoke private sales, Christie’s offers a full portfolio of global services to its clients, including art appraisal, art financing, international real estate and education. Christie’s has a physical presence in 46 countries, throughout the Americas, Europe, Middle East, and Asia Pacific, with flagship international sales hubs in New York, London, Hong Kong, Paris and Geneva. It also is the only international auction house authorized to hold sales in mainland China (Shanghai).
Christie’s auctions span more than 80 art and luxury categories, at price points ranging from $200 to over $100 million. In recent years, Christie’s has achieved the world record price for an artwork at auction (Leonardo da Vinci’s Salvador Mundi, 2017), for a single collection sale (the Collection of Peggy and David Rockefeller, 2018), and for a work by a living artist (Jeff Koons’ Rabbit, 2019).
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