Sotheby's Sale of Contemporary Art Asia: China Korea Japan in New York Sotheby's sale of Contemporary Art Asia: China Korea Japan, held in New York, brought $8,513,288, with the top lot, Zeng Fanzhi's Mask Series, selling for $1,082,500.
News-Antique.com - Sep 22,2008 - Sale Results New York
Sale N08465 Contemporary Art Asia: China Korea Japan 17 SEP 08
Grand Total
(Including Buyer's
Premium): $8,513,288 USD (£4,760,282) Exch Rate: 0.56
Sold by Lot: 64.9%
Lots Offered: 211
Sold by Value: 63.7%
Lots Sold/Unsold: 137 / 74
Lot Price (USD) Estimate (USD) Buyer
7 $1,082,500 (£605,290) $900,000 - 1,200,000 Japanese Private
Kim Whanki, Les Oiseaux Volants (Flying Birds), 1957
45 $422,500 (£236,245) $380,000 - 550,000 Asian Private
Cai Guo-Qiang, Two Eagles, 2005
86 $386,500 (£216,115) $120,000 - 180,000 American Private
Zhang Huan, Family Tree, 2000
5 $362,500 (£202,695) $250,000 - 350,000 Asian Private
Liu Ye, Untitled, 1998
26 $314,500 (£175,856) $280,000 - 480,000 European Private
Wang Guangyi, Great Criticism Series: Kodak, 1990
2 $242,500 (£135,596) $180,000 - 250,000 Asian Trade
Feng Zhengjie, China 2005 No. 61, 2005
52 $230,500 (£128,886) $60,000 - 80,000 Asian Private
Huang Gang, My Red Star, My Box, 2006
25 $218,500 (£122,176) $180,000 - 220,000 Asian Private
Wang Guangyi, J. L. David, 1990
8 $206,500 (£115,466) $160,000 - 200,000 Anonymous
Zeng Fanzhi, Portrait No. 4, 2004
Specialists in Charge: Alexandra Wang / Marion Bertagna
Press Office Contact: Susan Ollinick 212.606.7176
Please note all prices include buyer's premium. Sale session totals are net aggregate figures plus premiums. Sotheby's buyer's premium is 25% of the hammer price on the first
$50,000, 20% of the hammer price up to and including $1,000,000, and 12% thereafter on each lot.
**Estimates do not include buyer's premium**
Alexandra Wang and Marion Bertagna, the specialists in charge of the sale in New York, said: "Today's sale at Sotheby's of
Contemporary Art Asia: China Korea Japan, the last to be held in New York, saw an enthusiastic response for major names
such as Zeng Fanzhi, Liu Ye, Cai Guo-Qiang, Ai Weiwei and Liu Xiaodong, among many others. Indicating the
continued expansion of the Asian Contemporary marketplace were the strong prices, many record-breaking, seen for hardto-
find works that were historically important in the development of modern and contemporary art in Korea. Collectors
continue to demand the best, top-quality works in this field, and we look forward to our sales of Contemporary Asian Art that
will be held next month at Sotheby's Hong Kong."
