Art Market Monitor

Global Coverage ~ Unique Analysis

  • AMMpro
  • AMM Fantasy Collecting Game
  • Podcast
  • Contact Us

Sotheby’s NY Asia Week = $74m; HK Estimates Raised to Nearly Half a Billion USD

September 20, 2013 by Marion Maneker

Su Shi, The Gong Fu Tie Calligraphy $8.2m

This was the piece of calligraphy that made $8.2m at Sotheby’s in New York this week was originally thought to be in the $1m range. That’s one of the reasons the sales blew out the top estimate of $40m to reach $74,077,814. The very strong results for Chinese works of art bodes well for Sotheby’s upcoming Hong Kong sales.

And Sotheby’s is getting excited about those sales which begin October 5th by issuing estimates for the entire cycle of 3,571 lots which might total between US$369,227,000 – 492,937,000. Sotheby’s reports that their Hong Kong auctions are already stocked at a rate 77% higher than last year.

More from Art Market Monitor

  • NTDTV Previews Sotheby’s Oct HK SaleNTDTV Previews Sotheby’s Oct HK Sale
  • Sotheby’s Brings $30m Pollock to New YorkSotheby’s Brings $30m Pollock to New York
  • Sotheby’s Has $25m 1932 Picasso ‘Le Repos’ for MaySotheby’s Has $25m 1932 Picasso ‘Le Repos’ for May
  • Sotheby’s $14m Monet Nymphéas Up in MaySotheby’s $14m Monet Nymphéas Up in May
  • Sotheby’s Offers $30m Schiele Oil Painting in May Imp-Mod SaleSotheby’s Offers $30m Schiele Oil Painting in May Imp-Mod Sale
  • Sotheby’s Promotes $2m Hantai to New York Evening SaleSotheby’s Promotes $2m Hantai to New York Evening Sale

Filed Under: General Tagged With: Chinese, Hong-Kong, New York, Sotheby's

About Marion Maneker

LiveArt

Want to get Art Market Monitor‘s posts sent to you in our email? Sign up below by clicking on the Subscribe button.

  • About Us/ Contact
  • Podcast
  • AMMpro
  • Newsletter
  • FAQ

twitterfacebooksoundcloud
Privacy Policy
Terms & Conditions
California Privacy Rights
Do Not Sell My Personal Information
Advertise on Art Market Monitor
 

Loading Comments...