Christie’s Inaugural Sales at The Henderson

  • Event date September – December
  • Event location Hong Kong

Christie’s Asia Projects a Sale Total of HK$3.28 Billion / US$420 Million for 2024 Second Half - the highest second half-year total since 2021

Christie’s inaugural sale series at its new Asia Pacific headquarters, The Henderson in Hong Kong, marked a significant milestone, achieving extraordinary results that underscore its position as the premier global destination for collectors. With close to 90% of lots sold by lot and almost 40% of lots exceeding their high estimates, the sale series demonstrated robust market demand and collector enthusiasm. The auctions achieved an impressive 112% average hammer price over the low estimate, with the number of buyers increasing by over 20% compared to Autumn 2023.

The sales were defined by exceptional offerings spanning fine art, luxury, and prestigious private collections. Masterpieces from renowned artists and rare collectibles achieved remarkable results, including Vincent van Gogh’s Les canots amarrés, which sold for HK$251 million (US$32 million), and Claude Monet’s Nymphéas, which realised HK$233 million (US$30 million). Other notable highlights included Zao Wou-Ki’s 05.06.80 - Triptyque (HK$95 million / US$12 million), a pair of oval fancy vivid orange-yellow diamond earrings, and Kim Whan-Ki’s 9-XII-71 #216 (HK$56 million / US$7 million).

Prestigious collections garnered significant attention, notably Cosmic Essence – Archaic Jades from the Lantien Shanfang Collection, which achieved HK$215 million (US$28 million), and The Au Bak Ling Collection: The Inaugural Sale, which realised HK$87 million (US$11 million). Other highlights included Eternal Ming – Treasures from the MQJ Collection (HK$56 million / US$7 million) and Direct From the Cellars: Artémis Domaines (HK$26 million / US$3 million).

The inaugural sale series at The Henderson reinforced Christie’s position as an unrivalled hub for collectors in Asia. With robust participation across the region, Mainland China remained the top contributing region by value after Hong Kong, while contributions from Southeast Asia surged by 62%, driven by buyers from Thailand, Indonesia, Singapore, and Vietnam. This regional engagement underscores the growing strength of the Asian market.

The sale series also highlighted growth in Christie’s diverse collector base, with a notable increase in new and younger buyers. Total buyers rose by 21%, while new buyers surged by 55%. Millennial-buyers, in particular, grew by 32%, showcasing the evolving demographics of the collecting community and the increasing appeal of Christie’s offerings to a broader audience.

Christie’s three-month programme of sales, previews, exhibitions, and events provided an immersive experience for collectors and enthusiasts. Key highlights included special exhibitions such as The Au Bak Ling Collection and The MQJ Collection, the Grand Prix d’Horlogerie de Genève Exhibition, and the Horology Forum hosted by Dubai Watch Week. Christie’s 9th Art + Tech Summit further enriched the programme, drawing over 27,000 visitors in total.

The sale’s global reach was amplified through digital engagement, with worldwide livestream viewership reaching an extraordinary 27 million, reflecting Christie’s ability to connect with audiences across the globe.

We look forward to further evolving our year-round programme of sales and events in 2025, enhancing the experience for collectors and enthusiasts at this vital global platform in Asia.

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