In all the hubbub last month, Bonham’s noteworthy single owner sale in Hong Kong got lost in the mix. The auciton house sold HK$90.6m ($11.6m) worth of art, besting the estimates by 50%. All but one of the works was sold.
With that in mind, we’re posting the results here. All the Contemporary art lots sold, evidence of the strength in the market for Chinese masters of 20th Century abstract art.
15 works by Chu Teh-Chun and Zao Wou-Ki total realized: HKD 63.3 million / 8.1 million USD (estimate: HKD 26.45- 37.3 million / 3.4 -4.8 million USD)
12 Imperial Chinese works of art total realized: HKD 27.75 million / 3.5 million USD
