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20th/21st Century Art Spring Sale Series

Achieved a Combined Total of HK$1.24B / US$159MWith a Sell-Through Rate Over 90% by Value
Post-War & Contemporary Art
Hong Kong APAC 30 May 2023
20th/21st Century Art Spring Sale Series

4 MASTERPIECES BY JEAN-MICHEL BASQUIAT, JEFF KOONS,

YAYOI KUSAMA AND RENÉ MAGRITTE EACH ACHIEVED

OVER HK$50M / US$6.4M

 

100% SOLD YAYOI KUSAMA LINE-UP

TOTALLED HK$216M / US$27.7M

114% Hammer Above Low Estimate

50% of Lots Surpassed High Estimates

36 works sold above HK$10M / US$1.3M

 

 

14 Auction Records* Set Across the 20th/21st Sales Series, Including 10 by Asian Artists, and

7 by Post-Millennium Artists

* Auction records are based on the exchange rates on 28 and 29 May 2023

 

Active Participation Across Asia with Mainland China Contribution Double vs Spring 2022

Mainland China Second Highest Contributor by Value After Hong Kong | SEA Contribution Doubled vs 2021

 

Millennial Buyers Constituted Close to 50% of New Buyers in the Sale Series

 

Worldwide Participation from 29 Countries Across 6 Continents

7.6M Viewers Worldwide Watched the Auction Livestreams

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* Please note when quoting estimates above that other fees will apply in addition to the hammer price - see Section D of the Conditions of Sale at the back of the sale catalogue. *Estimates do not include buyer’s premium. Sales totals are hammer price plus buyer’s premium.

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