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ArtHK's Renfrew on Bloomberg

May 26, 2011 by Marion Maneker

ArtHK 11 Sales Tumble Out

May 26, 2011 by Marion Maneker

Artinfo’s Judd Tully and Bloomberg’s Frederik Balfour gather the sales at ArtHK 11:
  • Pace Gallery: Zhang Xiaogang‘s ‘Slumber No.4’ from 2011 to a Korean for $600,000 and a small Zhang Huan ash-on-linen ‘Clock’ from 2011 for around $100,000
  • Emmanuel Perrotin Gallery: Takashi Murakami‘s “Open Your Hands Wide,” a giant two-panel acrylic-on-canvas painting from 2010 […]  for $2.2 million to a European collector; […] a small-scale Murakami in acrylic and platinum leaf on canvas, appropriately titled “An Homage to IKB, 1957,” in the region of the $300,000 asking price; […] two large canvases by Murakami disciple Mr.: “Title to Be Determined” (2011) for $175,000, and the four-panel “Desire” from the same year for $240,000.
  • James Cohan Gallery: Guo Hongwei‘s […] “A Study for Shirley Temple Series” selling to a Chinese collector for $5,000, and Tony Oursler‘s “De-Doublement,” an early piece from 1996 composed of two dolls, a shelf, a projector, and a tripod, going to an Australian collector for $40,000.
  • Sprüth Magers: Andreas Gursky‘s large-scale Grand Prix pit-stop photograph “Ferrari II” from 2007, number three from an edition of four, to a European collector for €500,000 ($700,000).
  • White Cube: a work in modeled clay figurines entitled “Das Kapital is Kaput, Ya, Nein, Dummkopf” by Jake & Dinos Chapman to an Asian collector for 525,000 pounds ($850,000) within the first hour of the event.

At a Hard-Charging Art HK, Blue-Chip Western Dealers Finally Sense Asia’s Market Winds Blowing Their Way (Artinfo.com)

Prince’s Bike Girls, Koons BMW Drive Art Buyers to Hong Kong Spending Week (Bloomberg)

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