ArtHK 11 Sales Tumble Out
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)