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24 October 2014

RESULTS | Christie's Shanghai Autumn Auctions 2014 Realises RMB132,350,000/ US$21,674,691

24 October 2014

ART SHINES IN SHANGHAI AS GLOBAL COLLECTORS GATHER AT CHRISTIE’S

 SHANGHAI - New collectors arrived at Christie's Shanghai sale to join established clients in a series of auctions that marked the one year anniversary of Christie’s activities in the city.  Modern and contemporary art, wine, jewellery, watches and the new category of Chinese Contemporary Design sold to both Chinese and international clients throughout the day in sales that realized RMB 132,350,000.00 /US$21,674,692. 

"Collectors gathered in Shanghai today, virtually and in person, to celebrate the art of living and living with art. When Christie's was permitted to be the first international auction house to host independent auctions in mainland China in 2013, we made a commitment to curate inspiring and inviting artistic experiences for our clients. The selection of Asian and Western art and objects on view this week delivered on this promise,” said Jinqing Cai, President, Christie’s China. “The success of the sales this week complements the reception received by the exhibition, The Art of the Horse, on view to the public for another week in our newly opened Ampire Building location in Shanghai.  All of us here at Christie’s are passionate about the art, and our role is to convene in a global network all those who share that passion.” 

“Recent successful sales in London, Paris and Dubai over the last week demonstrate the interest in collecting art by the global audience continues to grow”, commented Steven Murphy, Chief Executive Officer, Christie’s. “Christie’s successful sales today in Shanghai, combined with the historic opening of our new building in the city, demonstrate our ongoing commitment to serving collectors in China and around the world.” 

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.