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Spinning the Second Chance at Meiyintang Collection

August 8, 2011 by Marion Maneker

Artinfo has an interview with Nicholas Chow, Sotheby’s Chinese ceramics expert, announcing another sale of 41 items from the Meiyintang Collection, the massive holdings from two Swiss brothers, Stephen and Gilbert Zuellig. The sale will be held in Hong Kong in October. Artinfo goes along with Sotheby’s explanation for the weakness of the first sale, namely that celebrated cases of Chinese buyers not paying for works they had bought at auction put off serious buyers who were not willing to compete against phantom bids.

That goes against much of the contemporary reporting of the sale which blamed the need for bidders to be pre-approved, the ambitious estimates placed on the works and certain ambivalence upon the part of the sellers in setting their reserves on the day of the sale. However, in the interview, Chow tacitly admits the estimates were the culprit:

These pieces are certainly aimed at the sweet spot of the market, and the estimates seem to me to be rather conservative.

We’ve made a great effort to have very enticing estimates this season, and from the feedback I have already received from two or three key collectors that I have shown these objects to, I think this sale will go extremely well. I wanted to make sure coming into this season that our estimates are well calibrated and the feedback I’ve received so far is extremely positive. I think we will see some good balanced buying from different parts of the globe.

Sotheby’s Hong Kong to Offer Second Sale of Chinese Treasures From the Famed Meiyintang Collection in Effort to Revitalize Market (Artinfo)


Chinese Ceramics Haven't Stopped Selling

March 30, 2011 by Marion Maneker

Sotheby’s had a late sale of 218 lots from a single owner–including 80 Chinese ceramics–that continued the trend of Chinese ceramics posting very strong prices. Totaling more than $8.39m, the sale was 90% sold by lot with the top two lots going to British dealers Littleton & Hennessy :

The auction was led by a strong group of over 80 pieces of Chinese porcelain and works of art, most notably A Rare Large Chinese ‘Famille-Rose’ ‘Millefleurs’ Altar Garniture bearing six character Qianlong marks and of the period, which more than doubled it’s high estimate in selling for $2,098,500 (pictured at top). The garniture has provenance going back to England at the end of the 19th century

 

Sotheby's Chinese Ceramics & Works of Art = $71m

March 25, 2011 by Marion Maneker

Top Ten Lots in Sotheby’s Various Owner Chinese Ceramics and Works of Art Sale

Song Ceramics Sale Top Ten

Sotheby's Single-Ownere Song Ceramics Sale (Highlights)

March 23, 2011 by Marion Maneker

Sotheby's NY Fine Chinese Ceramics & WoA

March 23, 2010 by Marion Maneker

Sale Total: $14,400,062 US


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