Cookie Consent by Free Privacy Policy website Sotheby’s Hong Kong Autumn sales 2017 | 29 September – 3 October
october 04, 2017 - Sotheby

Sotheby’s Hong Kong Autumn sales 2017 | 29 September – 3 October

Series Grand Total:  HK$3.15 Billion / US$404 Million (Est. HK$2.4 Billion / US$309 Million)

Combined Sell-through Rate: 86%

I’m delighted with the results of the week’s sales, and that the combined total of our major spring and autumn Hong Kong auctions is our highest since 2014.  We saw extremely competitive bidding from across Asia, especially from Mainland China,” said Kevin Ching, CEO of Sotheby’s Asia. “Over five days of highly curated sales, we established sixteen world auction records, including the highest price ever paid for a piece of Chinese ceramics. I am also pleased that our exhibition of The MQJ Collection, perhaps the best collection of Chinese Ming furniture in the world, attracted thousands of visitors.” Mr. Ching continued, “Having completed our major sales, we now look forward to welcoming clients throughout the autumn for our mid-season auctions.”

 

16 AUCTION RECORDS ACHIEVED

World Auction Record for Chinese Ceramics
A Highly Important and Extremely Rare Ru Guanyao Brush Washer, Northern Song Dynasty

Sold for HK$294.3 million / US$37.7 million

 World Auction Record for a Jade Carving

A Rare and Important Imperial White Jade and Cloisonné Enamel Ram-Head Teapot and Cover,

Qing Dynasty, Qianlong Period

Sold for HK$75.5 million / US$9.7 million

 14 Artist Records Set

Yun Gee, Wang Jangeng, Hsiao Chin, Li Yuan-Chia, Azuma Kenjiro, Liang Yuanwei, Uemae Chiyu, Park Seobo, Masanobu Masatoshi, Morita Shiryu, KAWS, Nguyen Gia Tri, Inoue Yuichi, Deng Fen

 

TOP PRICES ACHIEVED ACROSS ALL CATEGORIES

Chinese Paintings / Classical Paintings

Li Keran, Magnificent Mountains with Gushy Cascades (HK$122 million / US$15.6million sold)

Zhang Yu, Letter to Boqing (HK$26.5 million / US$3.4 million sold)

 Modern and Contemporary Art

Yun Gee, Wheels: Industrial New York (HK$105 million / US$13.5 million sold)

Gerhard Richter, Abstraktes Bild (679-2) (HK$49 million / US$6.3 million sold)

 Jewellery

Very Rare and Impressive Ruby and Diamond Ring, Designed and Mounted by BHAGAT

(HK$81.7 million / US$10.5 million sold)

 Watches

Richard Mille Sapphire Tonneau-Form Skeletonized Tourbillon Wristwatch

(HK$14.5 million / US$1.9 million sold)

Wine

Wines from the Cellar of FUX Restaurant (HK$29.5 million / US$3.8 million sold)

 

CONTINUED SUCCESS FOR THEMED SECTIONS AND WESTERN ART

Movimento Punto: A Post-War Legacy’ and ‘Morita Shiryu: Bokujin’ both 100% sold

All Evening Sale’s Western Contemporary works sold 

 

INCREASED ONLINE PURCHASE

12% of All Lots Sold to Online Buyers

25% year-over-year increase in the number of online bidders