Art Market Monitor

Global Coverage ~ Unique Analysis

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

Christie’s Shanghai Debuts with $21m Sale

October 28, 2014 by Marion Maneker

Christie's Shanghai results

China’s English language news service covers Christie’s opening sale in Shanghai:

The biggest seller though was “Untitled 06-3,” an oil painting by Chinese contemporary artist Zeng Fanzhi, which fetched over US$3.2 million.

“We had three auctions with about 150 pieces. The transaction rate was 95 percent, which is a pretty good score. The final auction price reached 132 million yuan, which is about US$21 million,” said Cai Jinqing from Christie’s.

Cai said she hoped the opening of the new auction house would allow the auctioneers to have more interactions with Shanghai’s art circles.

Chinese artist’s painting fetches highest price at auction  (CCTV News)

More from Art Market Monitor

  • Sotheby’s Americana = $13.5mSotheby’s Americana = $13.5m
  • Bendor Grosvenor Tries to Unscramble the Rembrandt MessBendor Grosvenor Tries to Unscramble the Rembrandt Mess
  • Christie’s NY Antiquities = $13.2mChristie’s NY Antiquities = $13.2m
  • Liu Ye Succeeds with Mondrian & Chinese Classical
  • [S]edition Announces Facebook Timeline App[S]edition Announces Facebook Timeline App
  • Kreuzberg KunsthausKreuzberg Kunsthaus

Filed Under: General

About Marion Maneker

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

Top Posts

  • After Pandemic’s Rapid Change, Sotheby’s Has 8 Predictions for 2021
  • Keith Haring’s 1989 Retrospect Comes to Sotheby’s London Prints Sale
  • Tony Podesta's Secret Art Buying
  • A Season of Improvisation: Fall 2020 New York Modern and Contemporary Art Auction Analysis
  • Four of Picasso's Women Valued at $28m Come to Christie's from Rose-Walters Collection
  • Norman Rockwell's Not Gay. But Is He a Great Artist?
  • Roy Lichtenstein’s Top Ten Auction Prices
  • Phillips Includes $2.5m Norman Rockwell Painting in November Evening Sale
  • How to Chant Like an Auctioneer
  • Basquiat's Last Girlfriend
  • 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