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23 November 2014

Juliana Yeh

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RESULTS | Asian 20th Century & Contemporary Art at Christie's Hong Kong, 22-23 November 2014

Hong Kong APAC 23 November 2014

Asian 20th Century Art (Day Sale)

Hong Kong, 23 November 2014, Sale 3359 

[All sold prices include buyer’s premium]

 

247 lots sold

348 lots offered

Total: HK$131,500,000/ US$17,029,250/ £10,927,650/ €13,820,650 

HK$1 = US$0.1295 / £0.0831 / 0.1051 

71%sold by lot

78% sold by value

Lot

Description

Estimate (HK$)

Price Realised

Buyer

163

 

José Joya (Filipino, 1931-1996), Homage To Turner, oil on canvas, painted in 1965.

WORLD AUCTION RECORD FOR THE ARTIST

 

1,200,000-1,500,000

HK$5,440,000

US$704,480

£452,064

€571,744

Asian Private

120

Affandi (Indonesian, 1907-1990), Self Portrait, oil on canvas, painted in 1975.

2,500,000-3,500,000

HK$4,840,000

US$626,780

£402,204

€508,684

Asian Private

146

Thawan Duchanee, (Thai, 1939-2014), The Harvesters, oil on board, painted in 1964.

WORLD AUCTION RECORD FOR THE ARTIST

1,000,000-1,200,000

HK$4,600,000

US$595,700

£382,260

€483,460

Asian Private

167

Hernando Ruiz Ocampo, (Filipino, 1911-1978), Masks, oil on canvas, painted in 1956.

WORLD AUCTION RECORD FOR THE ARTIST

600,000-

800,000

HK$3,640,000

US$471,380

£302,484

€382,564

Asian Private

101

Chu Teh-Chun (Zhu Dequn, French/Chinese, 1920-2014), 21.2.1978, oil on canvas, painted in 1978.

1,200,000-1,800,000

HK$2,440,000

US$315,980

£202,764

€256,444

Asian Private

110

Liu Kuo-Sung (Liu Guosong, Chinese, B. 1932), Sun and Moon, mixed media on paper, painted in 1973-1989.

2,000,000-2,800,000

HK$2,440,000

US$315,980

£202,764

€256,444

Asian Private

105

Chu Teh-Chun (Zhu Dequn, French/Chinese, 1920-2014), Sans titre (Untitled), oil on canvas, painted in 1986.

2,000,000-3,000,000

HK$2,320,000

US$300,440

£192,792

€243,832

Asian Private

102

Chu Teh-Chun (Zhu Dequn, French/Chinese, 1920-2014), 10.5.1979, oil on canvas, painted in 1979.

1,200,000-1,800,000

HK$2,200,000

US$284,900

£182,820

€231,220

Asian Private

113

Lin Fengmian (Chinese, 1900-1991), Moon Night, ink and colour on paper, painted in the 1950s.

1,800,000-2,600,000

HK$2,200,000

US$284,900

£182,820

€231,220

Asian Private

118

Anita Magsaysay-Ho, (Filipino, 1914-2012), Women By the Seaside, oil on canvas, painted in 1976.

1,200,000-1,500,000

HK$2,200,000

US$284,900

£182,820

€231,220

Asian Private

       

Asian Contemporary Art (Day Sale)

Hong Kong, 23 November 2014, Sale 3361

[All sold prices include buyer’s premium]

 

183 lots sold

280 lots offered

Total: HK$80,912,500 / US$10,478,169 / £6,723,829 / 8,503,904

HK$1 = US$0.1295 / £0.0831 / €0.1051

    65% sold by lot

77% sold by value

 

Lot

Description

Estimate (HK$)

Price Realised

Buyer

 

535

Zeng Fanzhi (Chinese, B. 1964), Mask Series 1999, oil on canvas, painted in 1999.

6,500,000-8,500,000

HK$7,240,000

US$937,580

£601,644

€760,924

Asian Private

 

505

Yoshitomo Nara (Japanese, B. 1959), Quiet, Quiet, lacquer on FRP, executed in 1999.

3,000,000-5,000,000

HK$4,840,000

US$626,780

£402,204

€508,684

Asian Trade

 

596

I Nyoman Masriadi (Indonesian, B. 1973), Lagi Enggan (Reluctant), acrylic on canvas, painted in 2003.

2,000,000-3,000,000

HK$3,640,000

US$471,380

£302,484

€382,564

Asian Private

 

519

Li Chen (Chinese, B. 1963), Floating Heavenly Palace, bronze sculpture, executed in 2007.

1,400,000-2,000,000

HK$2,920,000

US$378,140

£242,652

€306,892

Asian Private

 

536

 

Zeng Fanzhi (Chinese, B. 1964), Portrait of a Young Man, oil on canvas, painted in 2006.

 

1,000,000-1,500,000

HK$2,560,000

US$331,520

£212,736

€269,056

Asian Private

 

517

Liu Wei (Chinese, B. 1965), Landscape, oil on canvas with painted wooden frame, painted in 2006.

2,400,000-3,200,000

HK$2,440,000

US$315,980

£202,764

€256,444

Asian Private

 

511

Zhang Enli (Chinese, B. 1965), Travellers, acrylic on paper laid down on board, painted in 2003.

800,000-

1,200,000

HK$1,840,000

US$238,280

£152,904

€193,384

Asian Private

 

501

Yayoi Kusama (Japanese, B. 1929), Red Pumpkin, acrylic on canvas, painted in 1991.

550,000-

750,000

HK$1,720,000

US$222,740

£142,932

€180,772

Asian Private

 

531

 

Qiu Yacai (Ch'iu Ya-Ts'ai, Chinese, 1949-2013), Gazing Youth in Patterned Clothes, oil on canvas.

 

 900,000-

1,200,000

HK$1,720,000

US$222,740

£142,932

€180,772

Asian Private

 

 

504      

Ding Yi (Chinese, B. 1962), Appearance of Crosses Series: # 97-6, mixed media on tartan, painted in 2007.

900,000-

1,300,000

HK$1,600,000

US$207,200

£132,960

€168,160

Asian Private

 

515

Cai Guo-Qiang (Chinese, B. 1957), Drawing For Fireworks From Heaven, gunpowder on paper, executed in 2003.

1,500,000-2,000,000

HK$1,600,000

US$207,200

£132,960

€168,160

Asian Private

 

HONG KONG – The Asian 20th Century and Contemporary Art day auctions affirm the appeal of Asian art for international collectors.

 

“Works embodying traditional Asian aesthetics but infused with modern influences were well-received. Collectors showed their appreciation for leading Asian artists such as Koreans Chung Sang-Hwa (b. 1932) and Yun Hyong-Keun (1928-2007), Philippine abstractionist José T. Joya (1931-1995), Indonesian expressionist Affandi (1907-1990) and Thai modernist Thawan Duchanee (1939-2014) whose work The Harvesters sold for a record price.  In particular, José Joya’s Homage to Turner tribute to English master of landscape painting, J.M.W Turner “the painter of light” and Masks by Hernando Ruiz Ocampo (1911-1978) also created new world auction records for both artists. While abstract  art from renowned Chinese masters like Liu Kuo-Sung (b. 1932) and Chu Teh-Chun (1920-2014) saw competitive bidding, it was also a new generation of Chinese voices like Yuan Yuan (b. 1973), Chen Fei (b. 1983), Chen Ke (b. 1978) who stood out with their charged portrayals of self, youth and existentialism. Yuan Yuan’s Copper Door Of Savings Society – a vibrant tapestry of colors – set a new auction record for the artist. These auctions are a demonstration of the maturing appetite of collectors for compelling Asian art,” said Eric Chang, Deputy Chairman of Christie's Asia and International Director of Christie’s Asian 20th Century and Contemporary Art Department.

 

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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.