Last weekend, Christie’s held The Pioneers and Asian 20th Century & Contemporary Art Sales in Hong Kong, totalling USD 87.7 million. The top lot of the sale was Sanyu’s “Chrysanthemums in a Glass Vase” painted in the 1950s, which achieved a global auction record for a still life by the artist. With 87% sold by lot, the average lot value in The Pioneers sale exceeded USD 3 million, demonstrating intense demand for artistic masterpieces. Furthermore, four new world auction records were set for the iconic artists, Chu Teh-Chun, Lin Fengmian, Atsuko Tanaka and Anita Magsaysay-Ho. Fierce bidding in the room, on the phone and online witnessed a strong and healthy market for Modern & Contemporary Asian art. All results can be viewed here.
Larry’s List shows you the outstanding works, which achieved world auction records during the sales. Collectors should keep an eye on these artists in the upcoming Christie’s sales in May 2017. If you wish to consign works by Asian artists, please contact Christie’s via firstname.lastname@example.org.
Sanyu – “Chrysanthemums in a Glass Vase” (1950s)
Oil on masonite
91.6 x 125 cm
Price Realised: HKD 103,580,000 (USD 13,412,854)
Lin Fengmian – “Fishing Village” (circa 1950s-1960s)
Oil on canvas
80 x 78 cm
Price Realised: HKD 39,740,000 (USD 5,146,040)
Chuh-The Chun – Vertige Neigeux (Snowy Vertigo) (1990-1999)
Oil on canvas, diptych
each: 200 x 200 cm, overall: 200 x 400 cm.
Price Realised: HKD 91,820,000 (USD 11,890,020)
Atsuko Tanaka – ‘84b (1984)
Vinyl paint on canvas
194.4 x 259.4 cm
Price Realised: HKD 10,260,000 (USD 1,328,595)
Anita Magsaysay-Ho – Nag-Iipon Ng Dayami (Gleaners) (1975)
Oil on canvas
85 x 142.5
Price Realised: HKD 13,860,000 (USD 1,794,769)