Asian Art

New York Asia Week Sales = $71.38m

September 19, 2017 by Marion Maneker

Our partners at Live Auction Art put together this chart on last week’s sale of Asian Art in New York.

The standout sales of the cycle were Sotheby’s Important Chinese Art which exceeded estimates to sell $12.9m; Christie’s Indian, Himalayan and Southeast Asian Works of Art which also exceeded estimates to make $6.2m; Christie’s Treasures of the Noble Path: Early Buddhists Art from Japanese Collections which exceeded to the level of $3.9m; and, Sotheby’s Saturday at Sotheby’s: Asian Art sale which exceeded at $3.2m.

Bonhams NY Asia Week Sale = $4.66m

September 16, 2013 by Marion Maneker

Shadakshari Lokeshvara from the Yongle period ($1.37m)

The auction was sold at 85% by lot, achieving $4,665,000.

gilt bronze figure of Shadakshari Lokeshvara from the Yongle period has sold for $1,370,500
a huanghuali 18th century recessed leg table brought $362,500, more than tripling its pre-auction estimate,
a fine 17th century square table with a carved bamboo motif soared past its pre-auction estimate to sell for $206,500.
A cast bronze incense burner and cover in the shape of a goose from the Ming dynasty achieved $326,500, quadrupling its pre-auction estimate.
An impressively large gilt and lacquered Bronze Buddha from 17th century achieved $98,000
Tang dynasty pottery figure of an earth spirit tripled its pre-auction estimate to sell for $182,500.
Qi Baishi (1863-1957) composition of Chicks was the section’s top lot, achieving $122,500, more than double its pre-auction estimate.
Wu Zouren’s (1908-1997) Camels quadrupled its pre-auction estimate to sell for $98,500.
An inside painted glass snuff bottle by Ding Erzhong dated 1906 sold for eight times its pre-auction estimate, bringing $80,500,
an inscribed green nephrite bottle selling for $43,000.

Asia Week Expectations: $68 to $96m

September 14, 2010 by Marion Maneker

AFP totes up all the Asian art on offer starting today in New York City. The big buyers are expected to be repatriating Asians:

Christie’s leads Asian Art Week, which takes place in March and September, with 1,200 lots from India to Japan auctioning at an estimated collective price tag of between 46 and 65 million dollars. Rival auction house Sotheby’s follows suit with pre-sale estimates of 21.9 to 31.2 million dollars for 738 lots, while more than a dozen city galleries are hosting exhibitions and sales of their own.

Patriotic Collectors Eye NY Asian Art Week (AFP)

FOCUS ON: ASIAN ART

March 20, 2010 by Katherine Jentleson

[private_subscriber][private_bundle]Which products of the recent boom will have resonance 100 years from now is still anyone’s guess, but here at The ART Report, we’d wager that the rise of Asian art will be among its greatest legacies. Of course, the international trade of Asian paintings and works of art is a practice older than most auction houses. In the past five years, however, the way that Asian art is auctioned—from its major hubs to the composition of its sales—has changed fundamentally.

Between 2005 and 2007, the volume and value of the Asian art market exploded. Total sales at Christie’s and Sotheby’s more than doubled from just above $500 million to more than $1 billion, and prices in the category’s hottest sub-sectors grew by factors of two to three. The average price for modern and contemporary Chinese painting, for instance, increased by 288%, while total sales of South Asian art doubled, rising from $63,481,810 to $127,632,465.

Tuesday marks the beginning of 2010’s first Asia Week. Although the houses are reserving the more expensive fare for Hong Kong, next week’s seven sales will feature more than 1,300 Asian artworks (including yet more pieces from the seemingly infinite collection of the late Arthur M. Sackler at Christie’s). There are so many ways to slice and dice a category as broad as Asian art. We chose a few, and we hope that the following pages will provide some insight into a category that is so big, it is named after a continent.