NEW YORK, NY.- Christie’s concluded its Fall Asian Art Week with a combined total of $43,480,025 (£26,522,815 / €33,914,420 / HK$336,970,194) achieved over four days of six sales, September 16-19.
Jonathan Stone, Chairman, Asian Art, said: “The results of September New York Asia Week demonstrate the market’s appetite for top-quality works of art with strong provenance. The continuing international demand for Chinese art was underscored by good sale through rates across all media and epochs. We now look forward to the Asia+ / First Open sale of international contemporary art, the sale of Important Chinese Snuff Bottles and the Pavilion Sale of Chinese works of art in Hong Kong on October 5th and 7th.”
William Robinson, International Head of World Art, commented: “The sales of South Asian Modern + Contemporary Art and of Indian and Southeast Asian Art achieved their highest sold percentage by lot for a number of years, indicating an increased buyer confidence across all sectors of the market. It was exciting to see known buyers in the classical sale expanding their interests into categories that had not been of interest to them before. The modern and contemporary sale was notable in that all the top 10 lots were acquired by private buyers, either for institutions or for their own homes.”
RESULTS OF ASIAN ART WEEK SALES | September 2014 FINE CHINESE PAINTINGS TOTAL: $5,242,025 80% BY LOT | 93% BY VALUE
TOP LOT: Lot 2 Xia Gui (Active Ca. 1195-1230) Fisherman Returning to Shore in a Storm Oval fan, mounted and framed, ink and light color on silk. Estimate: $40,000-50,000 Price realized: $497,000
INDIAN & SOUTHEAST ASIAN ART TOTAL: $3,779,625 83% BY LOT | 75% BY VALUE
TOP LOT: Lot 212 An important gray schist figure of Buddha Gandhara, 2nd/3rd century. Estimate: $150,000-250,000 Price realized: $509,000
SOUTH ASIAN MODERN + CONTEMPORARY ART TOTAL: $2,708,000 90% BY LOT | 94% BY VALUE
TOP LOT: Lot 513 Manjit Bawa (1941-2008) Untitled (Durga) Oil on canvas Painted in 2004 Estimate: $380,000-450,000 Price realized: $425,000
A PIONEERING VISION: WORKS FROM THE COLLECTION OF SHUMITA AND ARANI BOSE TOTAL: $3,605,375 62% BY LOT | 83% BY VALUE
TOP LOT: Lot 416 Francis Newton Souza (1924-2002) The Butcher Oil on satin Painted in 1962 Estimate: $1,500,000-2,000,000 Price realized: $1,685,000
RIVERS OF COLOR: CHINESE CLOISONNÉ ENAMELS FROM PRIVATE AMERICAN COLLECTIONS TOTAL: $5,723,000 94% BY LOT | 99% BY VALUE
TOP LOT: Lot 606 A Superb and Very Rare Cloisonné Enamel Deep Bowl Ming Dynasty, 15th-Early 16th century. Estimate: $300,000 - 500,00 Price realized: $2,629,000
FINE CHINESE CERAMICS AND WORKS OF ART TOTAL: $22,422,000 78% BY LOT | 87% BY VALUE
TOP LOT: Lot 1246 A Rare Yellow And Pale Brown Jade Vase And Cover Qianlong-Jiaqing period (1736-1820). Estimate: $300,000 - 500,000 Price Realized: $581,000
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