RESULTS | Modern and Contemporary Art Evening Sale Including the Hong Kong Leg of the ONE Sale Achieved HK$821,327,500 / US$106,488,778
Top Lot of the Evening : SANYU (CHANG YU, 1895 - 1966)
Chrysanthèmes blanches dans un pot bleu et blanc (White Chrysanthemum in a Blue and White Jardiniere)
Price Realised: HK$191,620,000 / US$24,844,389
7 Artist Auction Records Including: Takeo Yamaguchi, George Condo, Javier Calleja,
Chen Ke, Huang Yuxing, and Luong Xuan Nhi
Auction debut for Chris Huen Sin Kan and Jonathan Chapline
Jacky Ho, Head of Evening Sale commented, “Our evening sales opened to a highly energized saleroom, with clients from around the world bidding passionately both by telephone and through our digital channels, setting new price benchmarks for both emerging contemporary artists and modern masters. The exceptional results achieved tonight demonstrate that collector appetite remains strong, and that tightly curated, high quality sales which tap the desires of collectors remains paramount. Additionally, through the close global collaboration of our colleagues and international departments, we are thrilled to have kicked off the ONE sale from our Hong Kong sale room, which saw sustained participation from Asia clients throughout the sale.”
White Chrysanthemum in a Blue and White Jardiniere by Sanyu sets a new auction record for a still life by the artist, extending Christie’s leadership in offering the most coveted masterpieces to the market.
Following the auction record set for the work Five Nudes last season, Christie’s has established yet another benchmark price for the artist. Appearing at auction for the first time in 15 years, White Chrysanthemum in a Blue and White Jardiniere attracted intense bidding which lasted over 10 mins, before finally being sold for HK$191,620,000 / US$24,844,389.
Works by Chinese Contemporary Artists 100% Sold
Standout prices achieved with artist records for Chen Ke and Huang Yuxing
Leading the group of works by Chinese Contemporary artists was Mondrian in London by Liu Ye, which achieved HK$22,925,000 / US$2,972,329, almost doubling its low estimate. Another highlight was Enlightening by Huang Yuxing, which achieved HK$8,645,000 / US$1,120,863, multiple times over its low estimate.
All Western art works offered 100% sold, including records for George Condo and Javier Calleja
All Western artworks offered in the sale found buyers, with almost half of all lots exceeding high estimate. The top lot in this selection was Frost (1) by Gerhard Richter, which realised HK$79,255,000/US$10,275,765.
Leading the group of work by Southeast Asian Masters was Le Repos (Resting) by Luong Xuan Nhi, which achieved eight times over its low estimate, and realised HK$5,165,000 / US$669,665. Collectively, the group achieved HK$15,825,000 / US$2,051,782, exceeding its pre-sale high estimate.
The three artworks donated by esteemed ACC alumni and supporters were all sold, which totaled HK$6,310,000 / US$818,120, with proceeds to benefit the Asian Cultural Council.
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