CHRISTIE’S NEW YORK TOTALS $44,316,701 FOR THE FALL 2007 SERIES OF ASIAN ART SALES The Fall 2007 edition of Asia Week at Christie’s New York realized $44,316,701, the second highest total for Asia Week at Christie’s New York.
News-Antique.com - Sep 23,2007 - New York – The Fall 2007 edition of Asia Week at Christie’s New York realized $44,316,701, the second highest total for Asia Week at Christie’s New York. The sales showed robust results and were carried by collectors from East and West. The sublime 12th century Chinese gilt-bronze figure of accuoye guanyin became the most valuable classical Asian work of art sold this week at $1.95 million. Christie’s also led the week in the classical Chinese art field with sales totaling $17.3 million and the Indian art category where classical and contemporary art side by side realized $21.7 million. Christie’s holds its Asian Contemporary Art sales in Hong Kong whose role as a center for contemporary Asian art has increased exponentially, while also offering works by the most acclaimed contemporary Asian artists alongside their Western counterparts in the Post-War and Contemporary Art Sales in London and New York.
Overview Asia Week at Christie’s
Japanese and Korean Art ~ September 18
A superb pair of six-panel screens in ink, color and gold leaf on paper by Maruyama Okyo (1733-1795) led the sale at $1,105,000. Cranes, as the work is titled, is dated to the seventh month of 1774, and each screen has been sealed Okyo no in. The Korean section was highlighted by a 16th century painting, Gathering of Scholars, with an inscription by Chung Sayong (1497-1572), executed in ink and color on silk with fetched $825,000.
Total: $5,265,887 Sold by Lot: 64% Sold by $: 65% Pre-Sale Estimate: $5.8/7.6 million
Fine Chinese Ceramics, Jades and Works of Art & ~ The Meriem Collection: Important Chinese Snuff Bottles September 19
Fine Chinese Ceramics, Jades and Works of Art totaled $13.3 million, the second highest total ever for a single sale of Chinese Art at Christie’s New York. The superb 12th century gilt-bronze figure of acuoye guanyin became the centerpiece of the sale at $1,945,000. The Meriem Collection: Important Chinese Snuff Bottles achieved $3,988,050 and was led by a rare Beijing enamel snuff bottle from the Kangxi Yuzhi period which sold for $657,000.
Total: $17,298,788 Sold by Lot: 70% Sold by $: 78% Pre-Sale Estimate: $13.29/18.5 million
South Asian Modern + Contemporary Art ~ September 20
The sale was led by Tyeb Mehta’s Mahisasura, which realized $1.1 million and 12 new world auction records were set. With many of the top-selling works still belonging to the Progressive Movement Artists, it was equally driven by extremely strong prices obtained for contemporary artists. Atul Dodiya’s position as one of South Asia’s leading artists was confirmed with the result for Three Painters, which at $541,000 more than tripled its pre-sale estimate and set a new record for the artist. In the cutting-edge contemporary field, many prices wildly exceeded pre-sale estimates including for Rameshwar Broota’s Untitled ($265,000); T.V. Santosh’s haunting Across and Unresolved Story ($217,000); Shibu Natesan’s Montage I ($157,000); and Rashid Rana’s extraordinary photo collage A Day in the Life of a Landscape ($133,000).
Total: $10,115,050 Sold by Lot: 78% Sold by $: 88% Pre-Sale Estimate: