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15 March 2015

Simone Woo

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swoo@christies.com

Zhongwei Qin

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RESULTS | ASIA+/FIRST OPEN, Hong Kong, 15 March 2015

Hong Kong APAC 15 March 2015

ASIA+/FIRST OPEN

Hong Kong, 15 March 2015, Sale 3402 

[All sold prices include buyer’s premium]

104 lots sold

135 lots offered

Total: HK$47,885,000/ US$6,196,319 / £4,223,457 / 5,932,952

HK$1 = US$0.1294 / £0.0882 / 0.1239

77% sold by lot

92% sold by value

 

Lot

Description

Estimate (HK$)

Price Realised

Buyer

 

35

Robert Indiana (American, B. 1928), Love (Gold/Blue), polychrome aluminum, conceived in 1966 and executed in 2002.

4,000,000-5,000,000

HK$4,840,000

US$626,296

£426,888

€599,676

Asian

Trade

 

29

Yayoi Kusama (Japanese, B. 1929), Lemon Squash, acrylic on canvas, painted in 1991.

2,900,000-3,900,000

HK$4,240,000

US$548,656

£373,968

€525,336

European Trade

 

21

Zao Wou-Ki (Zhao Wuji, French/Chinese, 1921-2013), Untitled, oil on canvas, painted in 2004.

2,800,000-3,400,000

HK$4,120,000

US$533,128

£363,384

€510,468

European Private

 

27

Invader (French, B. 1969), Alias HK-59, ceramic tiles on glass panel, in 2 parts, executed in 2014.

WORLD AUCTION RECORD FOR THE ARTIST

1,200,000-1,800,000

HK$2,680,000

US$346,792

£236,376

€332,052

Asian Private

 

28

Andy Warhol (American, 1928-1987), Dollar Sign, synthetic polymer and silkscreen inks on canvas, executed in 1981.

2,000,000-2,500,000

HK$2,320,000

US$300,208

£204,624

€287,448

American Private

 

10

Kazuo Shiraga (Japanese, 1924-2008), Untitled, oil on canvas, painted in 1965.

800,000-1,200,000

HK$2,080,000

US$269,152

£183,456

€257,712

European Private

 

30

I Nyoman Masriadi (Indonesian, B. 1973), Titan Arum, acrylic on canvas, painted in 2003.

900,000-1,200,000

HK$1,480,000

US$191,512

£130,536

€183,372

Asian

Trade

 

36

Roy Lichtenstein (American, 1923-1997), Two Nudes, from Nude Series, relief print in colors on Rives BFK paper, executed in 1994.

1,000,000-1,500,000

HK$1,180,000

US$152,692

£104,076

€146,202

European Trade

 

38

Liu Xiaodong (Chinese, B. 1963), The Son, oil on canvas, painted in 2009.

700,000-1,200,000

HK$1,060,000

US$137,164

£93,492

€131,334

Asian Private

 

73

Mr. (Japanese, B. 1969), Untitled, mixed media on canvas, painted in 2011.

800,000-1,000,000

HK$937,500

US$121,313

£82,688

€116,156

European Trade

 

“With ASIA+/First Open, Christie's has sought to create a global art conversation. With a packed salesroom energized by keen bidding from young collectors, fresh works from Western urban and Asian emerging artists by the likes of KAWS and Invader, Lee Kit and Liu Dao held strong appeal. Established pop art by Robert Indiana and Andy Warhol also performed well. The success of Christie’s first Asia auction of the year sets the stage for the upcoming art season and shows that quality works, be they of Western or Asian roots, speak to the hearts of art lovers and new collectors,” said co-curators Laure Raibaut of Christie’s Hong Kong and Edward Tang of Christie’s New York.

 

Top ten lot images:https://www.dropbox.com/sh/j5ft2ilhrdiukbe/AACGQHF_afgxRFB2uPSlVsYYa?dl=0

Image of Invader’s Alias HK-59http://www.space-invaders.com/media/invaders/hong-kong/HK_59-diapo-97.jpg

Full auction results: http://www.christies.com/lotfinder/salebrowse.aspx?intSaleid=25603&viewType=list

 

PRESS CONTACT: Hong Kong | Simone Woo | +852 2978 9966 | swoo@christies.com

Estimates do not include buyer’s premium. Sales totals are hammer price plus buyer’s premium and do not reflect costs, financing fees or application of buyer’s or seller’s credits.

         

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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.