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22 November 2014

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RESULTS | Asian 20th Century & Contemporary Art (Evening Sale), 22 November 2014

Hong Kong APAC 22 November 2014

Asian 20th Century & Contemporary Art (Evening Sale)

Hong Kong, 22 November 2014, Sale 3357

[All sold prices include buyer’s premium]

 

72 lots sold

81 lots offered

Total: HK$635,495,000  / US$82,296,603 / £66,790,525 / 52,809,635

HK$1 = US$0.1295 / £0.0831 / 0.1051

    89% sold by lot

91% sold by value

Lot

Description

Estimate (HK$)

Price Realised

Buyer

10

Sanyu (Chang Yu, Chinese, 1901-1966), Pot de pivoines (Potted Peonies), oil on masonite, painted in the 1940s-1950s.

30,000,000-40,000,000

HK$56,120,000

US$7,267,540

£4,663,572

€5,898,212

Asian Private

11

Sanyu (Chang Yu, Chinese, 1901-1966), Bouquet de roses dans un vase blanc (Roses in a White Vase), oil on canvas, painted in 1931.

35,000,000-45,000,000

HK$47,160,000

US$6,107,220

£3,918,996

€4,956,516

Asian Private

61

Zao Wou-Ki (Zhao Wuji, French/Chinese, 1920-2013), 25.05.62, oil on canvas, painted in 1962.

35,000,000-45,000,000

HK$46,040,000

US$5,962,180

£3,825,924

€4,838,804

Asian Private

55

Chu Teh-Chun (Zhu Dequn, French/Chinese, 1920-2014), No. 404, oil on canvas, painted in 1970-1971.

20,000,000-30,000,000

HK$33,160,000

US$4,294,220

£2,755,596

€3,485,116

Asian Private

44

Zeng Fanzhi (Chinese, B. 1964), Mask Series, oil on canvas, painted in 1998.

22,000,000-28,000,000

HK$25,880,000

US$3,351,460

£2,150,628

€2,719,988

Asian Private

59

Zao Wou-Ki (Zhao Wuji, French/Chinese, 1920-2013), 09.06.67, oil on canvas, painted in 1967.

15,000,000-20,000,000

HK$25,880,000

US$3,351,460

£2,150,628

€2,719,988

Asian Private

53

Kazuo Shigara (Japanese, 1924-2008), Kaien, oil on canvas, executed in 1999

10,000,000-15,000,000

HK$23,640,000

US$3,061,380

£1,964,484

2,484,564

Asian Private

60

Zao Wou-Ki (Zhao Wuji, French/Chinese, 1920-2013), 10.03.82, oil on canvas, painted in 1982.

15,000,000-20,000,000

HK$22,520,000

US$2,916,340

£1,871,412

€2,366,852

Asian Private

29

Zeng Fanzhi (Chinese, B. 1964), Mask Series 2001, oil on canvas, painted in 2001.

15,000,000-25,000,000

HK$18,040,000

US$2,336,180

£1,499,124

1,896,004

American Private

38

Chen Yifei (Chinese, 1946-2005), Father and Son (Tibet) , oil on canvas, painted in 1995.

15,000,000-25,000,000

HK$18,040,000

US$2,336,180

£1,499,124

1,896,004

Asian Private

54

Chu Teh-Chun (Zhu Dequn, French/Chinese, 1920-2014), Calme, oil on canvas, painted in 1959.

15,000,000-20,000,000

HK$18,040,000

US$2,336,180

£1,499,124

1,896,004

Asian Private

65

Yayoi Kusama (Japanese, B. 1929), Infinity-Nets WHXOTLO, acrylic on canvas, painted in 2006.

12,000,000-15,000,000

HK$18,040,000

US$2,336,180

£1,499,124

1,896,004

Asian Private

HONG KONG – The sale was a confident display for the pan-Asian platform of Asian 20th Century and Contemporary Art that Christie’s has built. In total, 11 new world auction records for the artists were set and the sale was Christie’s 2nd  highest total for an evening sale in Asia.

 

The auction opened with enthusiastic bidding from both the floor and overseas collectors vying for Southeast Asian modern and contemporary works. From the start, new records were set for Singapore artist Cheong Soo Pieng (1917-1983) with his Making Up depiction of a Chinese opera artist. The momentum continued with Victorio Edades’s (1895-1985) American Football Player and Nguyen Phan Chanh’s (1892-1984) La vendeuse de betel (The Betel Nut Seller). Le Pho’s (1907-2001) View from the Hilltop set a new world record for both the artist and any work of Vietnamese 20th century and contemporary art at auction.

 

 “To date, the sale was one of the strongest showings we have had for Asian art across geographies, from Southeast to North Asia. Japanese Gutai works from Asian’s first avant-garde movement and Korean artists had exceptional results. In addition, since its inclusion in this category three years ago, Southeast Asian works have also grown from strength to strength and have truly expanded beyond their geographic boundaries to gain acceptance from a wider audience. 20th century Chinese masters like Sanyu continue to be highly sought after. It is encouraging to see that great Asian art continues to resonate with art lovers everywhere, with interest growing among a younger generation of collectors, 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.