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31 May 2023

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Christie’s Hong Kong Chinese Ceramics and Works of Art Spring Live Auctions

Achieved a Combined Total of HK$376,379,800 / US$48,268,049
Hong Kong APAC 31 May 2023
Christie’s Hong Kong Chinese Ceramics and Works of Art Spring Live Auctions

Highest Spring Season Total Since 2019

Close to 50% of Lots Surpassed Pre-Sale High Estimates

Led by

THE QIANLONG PERIOD EXTREMELY RARE DOUCAI ‘DRAGON’ MOONFLASK

Realised HK$108,025,000 / US$13,856,842

 

 

Remarkable Results for Specially Curated Themed Auction and

Standalone Sales of Prominent Single-Owner Collections

The Imperial Palette – Three Qianlong Treasures

Sale Total: HK$148,330,000 / US$19,026,942

Hammer Price 118% Above Total Low Estimate

 

A Connoisseur's Studio - The Cissy and Robert Tang Collection of Chinese Classical Furniture

Sale Total: HK$83,651,900 / US$10,730,397

Hammer Price 229% Above Total Low Estimate

 

Auction Record for

A PAIR OF HUANGHUALI YOKE-BACK ARMCHAIRS, SICHUTOUGUANMAOYI

Realised HK$28,205,000 / US$3,617,979

 

A Heritage of Appreciation – Selected Treasures from The Palmer Family Collection

Sale Total: HK$27,474,300 / US$3,524,249

Hammer Price 147% Above Total Low Estimate

 

Livestreamed Auctions Attracted a Historic High of 17M Viewers

Preview and Exhibitions Drew Over 14,000 Visitors

Hong Kong – On 30 May, Christie’s Chinese Ceramics and Works of Art Department held four live auctions: The Imperial Palette - Three Qianlong Treasures, A Connoisseur's Studio - The Cissy and Robert Tang Collection of Chinese Classical Furniture, A Heritage of Appreciation - Selected Treasures from the Palmer Family Collection, and Important Chinese Ceramics and Works of Art. These events achieved a combined total of HK$376,379,800 / US$48,268,049, with nearly half of the lots sold surpassing their pre-sale high estimates. The category continued to attract younger collectors, as millennial buyers represented 20% of the buyers.

Marco Almeida, Head of Department, Chinese Ceramics and Works of Art, Christie’s Asia Pacific, remarked,  “We are delighted by the solid results that reflect robust market appetite, particularly for our expertly curated single-owner and thematic sales. Notably, the Qianlong Period Extremely Rare Doucai 'Dragon' Moonflask fetched over HK$100M, while a record was set for the Huanghuali Yoke-Back Armchairs. The enthusiasm we have seen from collectors and art enthusiasts, both at the diverse auction offerings and the non-selling exhibitions, showcases the continued passion for Chinese Ceramics and Works of Art. The seamless integration of our livestreamed auctions, which attracted an unprecedented 17 million viewers, further underscores the growing global interest in these remarkable pieces and the innovative ways we engage with our audience."

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Founded in 1766, Christie’s is a world-leading art and luxury business with a physical presence in 46 countries throughout the Americas, Europe, Middle East, and Asia Pacific, and flagship   international sales hubs  in New York, London, Hong Kong, Paris and Geneva. Renowned and trusted for our expert live and online-only auctions, as well as bespoke Private Sales, Christie’s unparalleled network of specialists offers our clients a full portfolio of  global services, including art appraisal, art financing, international real estate and education. Christie’s  auctions span more than  80 art and luxury categories, at price points ranging from $500 to over $100 million. Christie’s has sold 7 of the 10 most important single-owner collections in history, achieved the world record price for an artwork at auction, launched the first  fully on-chain auction platform dedicated to exceptional NFT art and manages an investment fund to support innovative startups in the art market. Christie’s is also committed to advancing  responsible culture  throughout its business and communities worldwide. To learn more, browse, bid, discover, and join us for the best of art and luxury at christies.com or by downloading Christie’s apps.


* 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.