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Strength in Chinese Art is No Bull

June 1, 2009 by Marion Maneker

Georgina Adam’s Financial Times column follows the strong Hong Kong sales for Christie’s–where the auction house “decided to let the market tell us where things are today,”said Ingrid Dudek, a specialist–with this item:

Jade water buffaloEastern and western tastes in Chinese art collided in Britain’s rural Wiltshire recently, when a jade water buffalo came up for sale at Woolley & Wallis. The Qing period (18th century) spinach-jade beast ticked all the boxes, which included an aristocratic owner (the fifth earl of Yarborough), years spent hidden in a bank vault and a provenance going back to 1938. The icing on the cake was its gilt-bronze stand, bearing an Imperial Qianlong (1736-95) mark – something that Chinese collectors find irresistible – and the saleroom was packed with Chinese bidders. The £500,000 estimate was easily shattered and the jade sold for a stunning £4.12m to the renowned London dealer Eskenazi.

The Art Market: Art Deco Ashtrays (Financial Times)

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Filed Under: Auction Results

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