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28 November 2013

Luyang Jiang Hildebrandt

+852 2978 9919

ljiang@chisties.com

Shiro Tsui

+852 2978 6718

stsui@christies.com

Simone Woo

+852 2978 9966

swoo@christies.com

Meng Mi

+86 10 8572 7977

mmi@christies.com

See all contacts

RESULTS: CHRISTIE’S HONG KONG AUTUMN AUCTIONS ACHIEVE HK$3.8 BILLION/ US$496 MILLION

GRAND TOTAL OF US$947 MILLION FOR 2013 HIGHEST ANNUAL RESULT EVER IN CHRISTIE'S ASIA
Corporate Announcements
Hong Kong APAC 28 November 2013

CHRISTIE’S HONG KONG AUTUMN AUCTIONS

ACHIEVE HK$3.8 BILLION/ US$496 MILLION

GRAND TOTAL OF US$947 MILLION FOR 2013

HIGHEST ANNUAL RESULT EVER IN CHRISTIE'S ASIA

 

“With nearly US$1 billion (US$947 million) of sales in Asia in 2013, Christie’s continues to lead the market with a 30% increase in sales from 2012. The appetite for Asian 20th Century & Contemporary art, Chinese Modern & Classical paintings, Jewellery, Watches and Chinese Ceramics & Works of Art has never been so strong. New interest is also evident in Western art, and particularly, in Impressionist & Modern as well as Post-War & Contemporary. 2013 saw record prices in nearly all categories, and an ever growing participation by collectors from Mainland China. Hong Kong is now firmly established as an international saleroom with New York and London. Looking at 2014, with our program of sales in Mainland China in 2014 and the development in Hong Kong, I am confident that Asia’s role as a prominent art centre can only rise in the years to come.” said François Curiel, President of Christie’s, Asia.
 

TOP LOT OF EACH CATEGORY

ASIAN 20TH CENTURY & CONTEMPORARY ART

November 23, Sale 3255

November 24, Sale 3256, 3257, 3259

Sale Total: HK$1.281B/US$166M

 

Click here to view Top Ten results

 

Sale 3255, Lot 50

ZENG FANZHI (Chinese, B. 1964)

Hospital Triptych No. 3 

 

Estimate on request

Sold for: HK$ 113,240,000/US$14,675,904

CHINESE PAINTINGS

November 25, Sale 3260,  3262

November 25-26, Sale 3261

Sale Total:HK$914.1M/US$118.5M 

 

 

 

Click here to view Top Ten results

 

Sale 3261, Lot 1379

LI KERAN(1907-1989)

Jinggang Mountains  

Estimate:

HK$6,000,000-8,000,000

 

US$780,000-1,000,000

Sold for:

HK$84,120,000/US$10,901,952

CHINESE CERAMICS AND WORKS OF ART

November 27, Sale 3263, 3265, 3266

Sale Total: HK$528.1M/US$68.4M

 

 

 

 

Click here to view Top Ten results

 

Sale 3263, Lot 3419

A Monumental and Extremely Rare Blue and White 'Wanshou' Vase 

Kangxi Period (1662-1722)

Estimate:

HK$3,000,000-5,000,000

 

US$390,000-650,000

Sold for:

HK$64,520,000/US$8,361,792

HONG KONG MAGNIFICENT JEWELS

November 26, Sale 3268

Sale Total:HK$859.1M/US$111.3M

 

 

 

Click here to view Top Ten results

 

Sale 3268, Lot 2103

A circular-cut D Flawless diamond necklace comprising fifty-two stones weighing a total of 104.84 cts

US$77,680 per carat

Estimate:

HK$56,000,000-72,000,000

US$7,000,000-9,000,000

Sold for:

HK$62,840,000/US$8,144,064

IMPORTANT WATCHES

November  27, Sale 3269

Sale Total: HK$171.6M/US$22.2M

 

 

 

 

Click here to view Top Ten results

 

Sale 3269, Lot 2502

Patek Philippe, Ref. 5016 

Manufactured In 1994

 

Estimate:

HK$3,600,000-5,000,000

 

US$450,000-625,000

Sold for:

HK$4,240,000/US$549,504

FINE AND RARE WINES

November 22-24, Sale 3251

Sale Total: HK$69.9M/US$9.1M

 

 

 

 

Click here to view Top Ten results 

 

Sale 3251, Lot 5417

Romanée-Conti Grand Cru — Vintage 1978

Côte de Nuits. Domaine de la Romanée-Conti

12 bottles

 

Estimate: HK$800,000-1,100,000

Sold for: HK$3,675,000/US$476,280

 

 

WORLD AUCTION RECORDS

Sale 3255, Lot 13

CHU TEH-CHUN (ZHU DEQUN, French/Chinese, B. 1920)

Untitled

Estimate: HK$30,000,000-40,000,000/US$3,846,200-5,128,200

Sold for: HK$70,680,000/US$9,160,128

 

WORLD AUCTION RECORD FOR THE ARTIST 

Sale 3255, Lot 24

LIN FENGMIAN (Chinese, 1900-1991)

Fishing Harvest 

Estimate: HK$6,000,000-8,000,000/US$769,200-1,025,600

Sold for: HK$21,400,000/US$2,773,440

 

WORLD AUCTION RECORD FOR ANY OIL PAINTING BY THE ARTIST

Sale 3255, Lot 25

LUO ZHONGLI (Chinese, B. 1948)

Spring Silkworms

Estimate: HK$7,000,000-10,000,000/US$897,400-1,282,100

Sold for: HK$49,400,000/US$6,402,240

 

WORLD AUCTION RECORD FOR THE ARTIST 

Sale 3255, Lot 33

THEO MEIER(Swiss, 1908-1982)
Rejang Dance

Estimate: HK$800,000-1,000,000/US$102,600-128,200

Sold for: HK$ 5,440,000 /US$705,024

 

WORLD AUCTION RECORD FOR THE ARTIST

Sale 3255, Lot 41

LEE MAN FONG (Indonesian, 1913-1988)

Bali Life 

Estimate on Request

Sold for: HK$35,960,000/US$4,660,416

 

WORLD AUCTION RECORD FOR THE ARTIST 

WORLD RECORD PRICE FOR ANY SOUTHEAST ASIAN ART EVER SOLD AT AUCTION

Sale 3255, Lot 55

Liu Wei (B. 1965)

Swimming

Estimate: HK$9,000,000-15,000,000/US$1,153,800-1,923,100

Sold for: HK$20,280,000/US$2,628,288

 

WORLD AUCTION RECORD FOR THE ARTIST

 

Sale 3263, Lot 3419

A Monumental and Extremely Rare Blue and White 'Wanshou' Vase

Kangxi Period (1662-1722)

 

Estimate: HK$3,000,000-5,000,000/US$390,000-650,000

Sold for: HK$64,520,000/US$8,361,792

 

WORLD AUCTION RECORD PRICE FOR A BLUE AND WHITE KANGXI PORCELAIN

 

Sale 3268, Lot 2109

A Burmese ruby and diamond necklace weighing a total of  87.78 cts

By Etcetera

Estimate: HK$38,000,000-58,000,000/US$4,800,000-7,250,000

Sold for: HK$49,400,000/US$6,402,240

 

WORLD RECORD PRICE FOR A RUBY NECKLACE

WORLD RECORD PRICE FOR A COMTEMPORARY DESIGNER

 

Sale 3268, Lot 2063

An oval-shaped fancy intense orangy pink VVS1 clarity diamond of 12.85 cts

Estimate: HK$33,000,000-50,000,000/US$4,200,000-6,250,000

Sold for: HK$38,200,000/US$4,950,720

US$385,000 per carat

 

WORLD RECORD PRICE PER CARAT FOR AN ORANGY PINK DIAMOND

WORLD RECORD PRICE FOR AN ORANGY PINK DIAMOND

 

Sale 3268, Lot 2095

The Empresses of The Orient

A Unique Pair of Natural Pearl and Diamond Ear Pendants

Estimate: HK$18,000,000-28,000,000/US$2,300,000-3,500,000

Sold for: HK$ 25,880,000/US$ 3,354,048

 

WORLD RECORD PRICE FOR A PAIR OF NATURAL PEARL EAR PENDANTS

 

Sale 3269, Lot 2660

Patek Philippe. A Very Fine, Unusual And Very Rare Platinum Perpetual Calendar Chronograph Wristwatch With Moon Phases, 24 Hour And Leap Year Indication, Rare Rose Salmon Dial With Breguet Numerals, Original Certificate, Additional Case Back And Portfolio Photographs

Signed Patek Philippe, Geneve, Ref. 3970, Movement No. 3’048’463, Case No. 4’279’354, Manufactured In 2006

Estimate: HK$1,280,000-2,400,000/US$160,000-300,000

Sold for: HK$2,620,000/US$ 339,552

 

WORLD AUCTION RECORD PRICE FOR THE REFERENCE

 

Sale 3251, Lot 5417

Romanée-Conti Grand Cru — Vintage 1978

Côte de Nuits. Domaine de la Romanée-Conti

12 bottles

Estimate: HK$800,000-1,100,000

Sold for: HK$3,675,000/US$476,280

 

WORLD AUCTION RECORD FOR ROMANÉE CONTI

WORLD AUCTION RECORD FOR ANY CASE OF 12 BOTTLES OF WINE

 

 

PRESS CONTACTS:

Luyang Jiang Hildebrandt | Hong Kong | +852 2978 9919 | ljiang@christies.com

Shiro Tsui | Hong Kong | +852 2978 6718 | stsui@christies.com

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

 

IMAGES of Top Lots from Christie’s Hong Kong Autumn 2013 Auction are available here.

 

About Christie’s

Christie’s, the world's leading art business, had global auction and private sales in the first half of 2013 that totaled £2.4 billion/ $3.68 billion. In 2012, Christie’s had global auction and private sales that totaled £3.92 billion/$6.27 billion making it the highest annual total in Christie’s history. Christie’s is a name and place that speaks of extraordinary art, unparalleled service and expertise, as well as international glamour. Founded in 1766 by James Christie, Christie's has since conducted the greatest and most celebrated auctions through the centuries providing a popular showcase for the unique and the beautiful. Christie’s offers over 450 auctions annually in over 80 categories, including all areas of fine and decorative arts, jewellery, photographs, collectibles, wine, and more. Prices range from $200 to over $100 million. Christie's also has a long and successful history conducting private sales for its clients in all categories, with emphasis on Post-War and Contemporary, Impressionist and Modern, Old Masters and Jewellery.  Private sales totaled £465.2 million ($711.8 million) in the first half of 2013, an increase of 13% on the previous year, and for the third successive year represents the highest total for the period in both company and art market history.

 

Christie’s has a global presence with 53 offices in 32 countries and 12 salerooms around the world including in London, New York, Paris, Geneva, Milan, Amsterdam, Dubai, Zürich, Hong Kong, Shanghai, and Mumbai. More recently, Christie’s has led the market with expanded initiatives in growth markets such as Russia, China, India and the United Arab Emirates, with successful sales and exhibitions in Beijing, Mumbai and Dubai.

 

*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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About Christie’s

Founded in 1766, Christie’s is a world-leading art and luxury business with a physical presence in 46 countries throughout the Americas, Europe, Middle East, and Asia Pacific, and flagship   international sales hubs  in New York, London, Hong Kong, Paris and Geneva. Renowned and trusted for our expert live and online-only auctions, as well as bespoke Private Sales, Christie’s unparalleled network of specialists offers our clients a full portfolio of  global services, including art appraisal, art financing, international real estate and education. Christie’s  auctions span more than  80 art and luxury categories, at price points ranging from $500 to over $100 million. Christie’s has sold 7 of the 10 most important single-owner collections in history, achieved the world record price for an artwork at auction, launched the first  fully on-chain auction platform dedicated to exceptional NFT art and manages an investment fund to support innovative startups in the art market. Christie’s is also committed to advancing  responsible culture  throughout its business and communities worldwide. To learn more, browse, bid, discover, and join us for the best of art and luxury at christies.com or by downloading Christie’s apps.


* 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.

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