RESULTS | Asian 20th Century & Contemporary Art (Evening Sale) | Hong Kong | 24 May 2014
Asian 20TH Century & Contemporary Art (Evening Sale)
Hong Kong, 24 May 2014, Sale #3307
[All sold prices include buyer’s premium]
54 lots sold | Total: HK$467,905,000/US$60,640,488/£36,215,847/€44,731,718 | 86% sold by lot | ||||
63 lots offered | HK$1 = US$0.1296/£0.0774/€0.0956 | 90% sold by value | ||||
Lot | Description | Estimate (HK$) | Price Realised | Buyer | ||
23 | SANYU (CHANG YU, Chinese, 1901-1966) Potted Chrysanthemums | 18,000,000- 22,000,000 | HK$46,040,000 US$5,966,784 £3,563,496 €4,401,424 | Asian Private | ||
22 | XU BEIHONG (Chinese, 1895-1953) Eagles | 16,000,000- 20,000,000 | HK$24,760,000 US$3,208,896 £1,916,424 €2,367,056 | Asian Private | ||
6 | CHU TEH-CHUN (ZHU DEQUN, French/Chinese, 1920-2014) No. 229 | 18,000,000- 26,000,000 | HK$23,640,000 US$3,063,744 £1,829,736 €2,259,984 | Asian Private | ||
48 | LIU WEI (Chinese, B. 1965) Landscape | 8,000,000-12,000,000 | HK$21,400,000 US$2,773,440 £1,656,360 €2,045,840 | Asian Private | ||
42 | ZENG FANZHI (Chinese, B. 1964) Mask Series 1997 No. 17 | 20,000,000-25,000,000 | HK$19,160,000 US$2,483,136 £1,482,984 €1,831,696 | Asian Private | ||
45 | ZENG FANZHI (Chinese, B. 1964) After the Long March Andy Warhol Arrived in China | 15,000,000- 25,000,000 | HK$18,040,000 US$2,337,984 £1,396,296 €1,724,624 | Asian Private | ||
5 | ZAO WOU-KI (ZHAO WUJI, French/Chinese, 1920-2013) Petite ville hollandaise (Dutch Town) | 7,000,000-10,000,000 | HK$15,640,000 US$2,026,944 £1,210,536 €1,495,184 | Asian Private | ||
16 | WU GUANZHONG (Chinese, 1919-2010) Windows of the East | 10,000,000- 16,000,000 | HK$14,440,000 US$1,871,424 £1,117,656 €1,380,464 | Asian Private | ||
24 | HE DUOLING (Chinese, B. 1948) Life | Estimate on Request | HK$13,240,000 US$1,715,904 £1,024,776 €1,265,744 | Asian Private |
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47 | LIU WEI (Chinese, B. 1965) Swimming | 11,000,000-15,000,000 | HK$13,240,000 US$1,715,904 £1,024,776 €1,265,744 | Asian Private | ||
Hong Kong – On Saturday, May 24, 2014, the Evening Sale of Asian 20th Century & Contemporary Art realised HK$467,905,000 (US$60,640,488), and sold in excess of 86% by lot and 90% by value.
Eric Chang, Deputy Chairman of Asia, Department Head of Asian 20th Century & Contemporary Art, said, “We saw a strong sell-through rate, with special strength in Southeast Asian and Korean art. This confirms the diverse interests of collectors in Asian 20th century and contemporary art, while demand for works by 20th century masters such as Sanyu and Xu Beihong is consistently strong. The enthusiasm from private collectors for the category from across Asia was also very evident in the evening sale.” |