ArtBasel Hong Kong 2015 Sales Report

Acquavella at ArtBasel HK

The New York Times identifies some buyers and sales:

Hauser & Wirth had sold two paintings by Atsuko Tanaka to the Karuizawa New Art Museum in Japan

Eslite Gallery in Taipei reported that several works by the Chinese artist Xu Bing sold to Asian collectors for unspecified amounts.

The scene at the Galerie Gmurzynska booth one afternoon gave a sense of that blended identity. Perusing the booth at once were Joan Punyet Miró, a grandson of the Catalan painter Joan Miró; the Hong Kong style icon Bonnie Gokson; and Melissa Chiu, the director of the Hirshhorn Museum in Washington. By the end of the fair, the gallery had sold a number of works, including paintings by Wifredo Lam for between $150,000 and $300,000 and a work by Fernando Botero, which sold for $1.2 million in the minutes before closing.

Art Basel Hong Kong: The Reviews Are In (NYTimes.com)

Bloomberg’s Fredrick Balfour reported these sales:

Indonesian billionaire collector Budi Tek purchased a painting by Chinese artist Cui Jie for 140,000 yuan ($22,474) from Shanghai-based Leo Xu Projects.

Adrian Cheng, scion of New World Development Co. and a growing force in the international art scene through his K11 Art Foundation, picked up six works including a Christian Boltanski from Marian Goodman Gallery.

White Cube dealer Jay Joplin said he was pleased with the results. “It’s been excellent,” he said, adding that his gallery sold a work by Damien Hirst for 800,000 pounds ($1.2 million) as well as pieces by Andreas Gursky and Theaster Gates.

Jack Ma, Gwyneth Paltrow Boost Profile of Art Basel Hong Kong (Bloomberg Business)

Cheng Cheng Po_Footbridge in Shanghai, 1930

Liang Gallery

Chen Cheng-po Foliage , 1934 Sold for USD 1.95 Million

Chen Cheng-po Footbridge in Shanghai Sold for USD 1.95 Million

Tina Keng Gallery

Wang Huaiqing, The Maze, 2013 Sold 2 out of 2 editions, each for RMB 3,700,000

Galerie Gmurzynska

Sold selection of works by Fernando Botero including a Horse sculpture for an asking price of USD 850,000

Sold a selection of works by Wifredo Lam ranging from a unique ceramic having been offered at around USD 75,000 up to paintings ranging from USD 150,000 to USD 300,000

David Zwirner

Neo Rauch, Marina, 2014 Priced at USD 1 million to a Collector from Shanghai

Francis Alÿs Untitled, 2012 Priced at USD 250,000 Sold to a Collector from Hong Kong

Oscar Murillo, raw (lessons in aesthetics and productivity), 2014 Priced at USD 180,000 to a Collector from China

Wolfgang Tillmans Schneckenstilleben, 2004 Priced at USD 80,000 to a Collector from Hong Kong

Mika Tajima, Furniture Art (Carrefour)

Eleven Rivington sold 7 works by Mika Tajima, price $13,500 to $30,000.

ArtBasel Hong Kong

Artnet had these sales:

De Sarthe Gallery had a beautiful booth dedicated to modern Chinese masters who had lived in France, including Zao Wou-ki, Chu Teh-Chun, and T’ang Haywen. The first three hours of the fair saw five of the paintings snapped up for undisclosed amounts.

Hong Kong-based João Vasco Paiva participated in the Encounters section with his 341 x 341 x 559 cm sculpture “Mausoleum,” a mountain of stone resin casted styrofoam boxes with an HK$1 million ($141,633) price tag. A small version of these cast styrofoam boxes by the same artist sold for HK$75,000 ($9,656) at Edouard Malingue Gallery‘s booth where it was presented side-by-side works by Laurent Grasso, such as “Cabinet” which sold on the first day of the fair to a Hong Kong-based collector for €45,000 ($47,346).

Trevor Yeung is presented in a single-artist show at the Blindspot Gallery booth where his works are priced at HK$38,000-80,000 ($4,892-10,300). He had nearly sold out by day three of the fair.

Art Basel in Hong Kong 2015 Sales Report (Artnet News)

The ABHK provided these sales:

David Zwirner

Chris Ofili, Dead Monkey – Sex, Money and Drugs, 2000 Sold for USD 2m to a new client within the first hour of the fair.

Neo Rauch, Die Fremde, 2015 Sold for USD 1 m to a new client from Mainland China in the last minutes of the opening day.

Yayoi Kusama, Two recent infinity net paintings Sold for each over USD 300,000

Pearl Lam Galleries

Zhu Jinshi and Su Xiaobai Prices ranging from USD 40,000-210,000

Skarstedt Gallery

George Condo, Smiling Figure on Purple and Gold, 2014, Sold for USD 550,000 to an Asian collector

David Salle, Post Card, 2014 Sold for USD 250,000 to a European collector

Leo Xu Projects

Li Qing, Image of Mutual Undoing and Unity – Confession Sold for RMB 250,000 to an international collector

Hauser & Wirth

Two paintings by Atsuko Tanaka Sold within the range of USD 400,000-600,000

Eight paintings by Zhang Enli within the range of USD 250,000-350,000

Four paintings by Rita Ackermann Sold for USD 75,000

One painting by Wilhelm Sasnal Sold for EURO 105,000

Four paintings by Jakub Julian Ziolkowski Sold within the range of USD 30,000 – 165,000

Sprüth Magers

George Condo Contemplation, 2014 Sold for USD 550,000

Andreas Gursky, SH IV, 2014 Sold for EURO 400,000

Sterling Rub, BC (5287), 2014 Sold for USD 195,000

Thomas Demand Bloom, 2014 Sold for EURO 180,000

Barbara Kruger Untitled (It’s New, It’s you), 2014 Sold for USD 100,000

Galerie Thaddaeus Ropac

Sold works by a number of gallery artists, including Anselm Kiefer (750,000 EURO), Georg Baselitz (520,000 EURO), and Tony Cragg (450,000 EURO).

White Cube

Damien Hirst Shanghai, 2014 Sold for GBP 800,000

Kalfayan Galleries

Maria Loizidou Pelage, 2013 Sold for asking price EUR 25,000 to a local Hong Kong collection

Tassos Pavlopoulos, Bye Bye Matisse, 2008 Sold for asking price EUR 25,000 to a Shanghai collector

Grotto Fine Art

Kevin Fung Lik-yan, Under the mountain IV, 2015 Sold for HKD 120,000

KOON Wai-bong, Scratching in Profusion, 2015 Sold for USD 45,000 to a Hong Kong collector

ShanghART Gallery

Sean Scully, Battered Earth, 1988, Sold for USD 850,000

Ouyang Chun, Infinity Column, 2014, Sold for RMB 350,000

Long March Space

ZHAN Wang, Silouette 1, 2010, Sold for RMB 2.5 million

XU Zhen , Under Heaven – 1807NU0138 , 2013 Sold for RMB 1.1 Million

Yu Hong, Cloud Layer Sold for USD 207,000

Lehmann Maupin

Tracy Emin neon work, Ranging from USD 74,350-67,250

Do Ho Suh, Works from his Specimen series, Sold for prices ranging between USD 20,000-40,000

Tony Oursler, Untitled, 2015 Sold for USD 70,000USD to 90,000 to a German collector

Alex Prager, Hollywood & Vine, 2014 Edition of 6 Sold for USD 35,000 to USD 45,000 to a Hong Kong collector

Mizuma gallery

Makoto Aida, Louis Vitton , 2007, Sold for USD 150,000

Hisashi Tenmyouya, Japanese Spirit #16, 2015, Sold for USD 100,000

ShugoArts

Lee Kit, Man in suit, 2014, Sold for USD 35,000 to a HK collector

Taro Nasu

Koichi Enomoto, Lego & Ants, 2014 Sold for USD 35,000 to a Swiss collector

Tomio Koyama

Shintaro Miyake Shibuya, 2015 Sold for USD 7,900

Taka Ishii Gallery

Takashi Ishida, Die Kunst der Fuge (The Art of Fugue), 2001 [film] 16mm film (sound) 19’00” [original drawing] Pen, ink on paper (set of 18) [copy] Xerox print (a 10,000 pieces) Sold for HKD 542,000

Tomoo Gokita, Dead Drunk, 2015, Sold for HKD 185,000

PKM Gallery

Yun Hyong-Keun, Burnt Umber & Ultramarine Blue, 1992, Sold for USD 15,000 to an European collector

Hakgojae Gallery

Chung Sang Hwa, Untitled 91-10-25, 1991, Sold for USD 500,000 to a Korean collector

Nam June Paik, Internet Dweller, 1994, Sold for USD 500,000 to a foundation

Sean Kelly Gallery

Sun Xu, The Time Vivarium – 23, 2014 Sold for USD 145,000

Sun Xu, The Time Vivarium 3, 2014 Sold for USD 135,000

Hugo McCloud, changeless, 2015, Sold for USD 22,000

Hugo McCloud, slow run in our dreams, 2015, Sold for USD 22,000

Hugo McCloud, dissolving time 1, 2015, Sold for USD 18,000