RESULTS | Christie’s Hong Kong 2018 Autumn Auctions Achieved HK$2.75bn / US$353m
Hong Kong- Christie’s Hong Kong Autumn Sales realised HK$2.75bn / US$353m from 17 sales across 5 days, with 3 lots sold over HK$ 100m across art and luxury. These included: Wood and Rock by Su Shi, 22.07.64 by Zao Wou-Ki and The Peacock Necklace.
The Beyond Compare: A Thousand Years of the Literati Aesthetic evening sale which showcased works spanning over a millennium of Chinese history was enthusiastically received by collectors, realizing a 90% sell-through rate and establishing a new auction record for a Longquan Celadon Ceramic. The Chinese Archaic Jades from the Yangdetang Collection Part II sale was equally well-received which was 99% sold by lot.
Rebecca Wei, Christie’s President Asia Commented: “This season saw exceptional results for the Chinese Paintings category, with almost half of all lots sold across Classical, Modern and Contemporary periods exceeding their high estimate. We were also honoured to have been entrusted with the sale of Wood and Rock by Su Shi, which set a new record for Christie’s in Asia at HK$464m/US$60m. Our luxury categories performed strongly, led by The Peacock Necklace, which set a world auction record for a Kashmir sapphire necklace. We were also encouraged by the strong public turnout for both of our Western Art exhibitions, bearing testament to Hong Kong’s position as a global art epicenter”.
