RESULTS: Triumph for Christie’s Asian Art sale, achieving €26,049,825 / £21,928,743 / $27,563,320
Rare Statue Du Bouddha Vairocana En Bronze Dore. Chine, Dynastie Liao, Xieme Siecle. Price realised: € 13,570,500. World record for an Asian work of art ever to be sold at Christie’s France, and Christie’s Paris’ 2016 top lot.
99% sold by value
4 lots sold above 1 million Euros
Most valuable work of art sold at Christie’s France since 2010
Paris – Christie’s Paris’ Asian art sale achieved €26,049,825 / £21,928,743 / $27,563,320 with strong sell-through rates of 99% by value and 86% of the lots selling within or above presale estimates. The market for Asian art responded well to the exceptional quality of the works included for this very selective auction. Leading the sale is an extremely rare Chinese gilt-bronze figure of Buddha Vairocana from the Liao dynasty, 11th century, which sold for an impressive €13,570,500 / £11,423,647 / $14,358,946, a record for an Asian work of art ever to be sold at Christie’s France, and Christie’s Paris’ 2016 top lot.
Tiphaine Nicoul, Head of Asian art at Christie’s France and Camille de Foresta, Auctioneer of the sale, commented: “We are very proud to have achieved such a strong result, making this sale the most important dedicated Asian art sale ever sold by Christie’s France. Focusing on pristine quality, rarity, freshness to the market and private provenance, collectors have demonstrated continued interest all along the sale. Chinese works of art have performed particularly well, as shown by the top five lots of the auction: the Liao bronze sold at €13,570,500 (lot 53), the Song figure of Guanyin realised €5,170,500 (lot 27), the Imperial Qing bowl and cover achieved €1,922,500 (lot 72), the Yuan/Ming polylobed porcelain dish sold at €1,346,500 (lot 70) and the Yuan Qingbai figure of Buddha Shakyamuni realised €842,500 (lot 50). The South East Asian art section has achieved strong results as illustrated by the Khmer figure of Buddhamuchalinda from the Bayon period, selling at €242,500 (lot 24) against a presale estimate of €60,000-80,000.”
Please click here to view the complete sale results and please download the pdf for the Top Ten.
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