The autumn season’s three sales of Asian 20th Century and Contemporary Art achieved HK$674,575,000 (US$87,492,378), and sold in excess of 81% by lot and 93% by value.
Eric Chang, International Director of Asian 20th Century & Contemporary Art, said, “This season we expanded the quantity and range of art offered at our sales. This led to increased international and new buyer participation, resulting in a high sold through rate, as well as a growth in sales. In the spirit of our theme of "East meets West," we witnessed truly cross-cultural buying, including European buying of Southeast Asian works and Japanese buying of Vietnamese art. These results are testament to Christie's ambition over more than ten years to diversify our buyer base by bringing the markets in Asia and the West closer together and promoting globally the appeal of Asian Twentieth Century and Contemporary Art.
RESULTS: SALES OF ASIAN 20TH CENTURY & CONTEMPORARY ART ACHIEVE IN EXCESS OF HK$674,575,000 (US$87,492,378)