Chinese furniture, paintings and Qing ceramics perform well in New York

International auctioneers Christie’s report from New York that their Asian Art Week sales there, which took place from September 15-18, totalled US$54.9m. There are some interesting conclusions to be drawn from this strong performance.

Firstly, it suggests that that private collections with good provenance can still outperform the market. It also serves to indicate that demand for quality Chinese furniture and paintings is particularly strong, trailed by demand for Qing ceramics. The top of the market is evidently unaffected by the more general slowdown.

 Christie’s concluded its Fall Asian Art Week with a combined total of $54,891,189 (£35,331,837/ €48,558,639/ HK$425,412,188) achieved over four days of nine sales, September 15-18.

RESULTS OF ASIAN ART WEEK SALES | September 2015

The Sporer Collection of Himalayan Sculpture – 15 September                                         

Total: $6,099,000

TOP LOT: Lot 18

A GILT BRONZE FIGURE OF VAJRABHAIRAVA AND VAJRAVETALI, TIBET, 16th CENTURY

Estimate: $400,000-600,000

Price Realized: $989,000

Indian, Himalayan and Southeast Asian Art – 15 September                                        

Total: $2,946,750

TOP LOT: Lot 66

AN IMPORTANT AND RARE MOTTLED SANDSTONE FIGURE OF BUDDHA, INDIA, LATE 1st / EARLY 2nd CENTURY

Estimate on request

Price realized: $1,085,000

Fine Chinese Paintings – 16 September                                        

Total: $4,597,000

TOP LOT: Lot 411

QIU YING (ATTRIBUTED TO, CIRCA 1495-1552) IMMORTALS PLAYING CHESS

Estimate: $300,000-400,000

Price realized: $1,805,000

The Ruth and Carl Barron Collection of Fine Chinese Snuff Bottles: Part I – 16 September                                       

Total: $1,253,438                                                           

TOP LOT: Lot 248

A RARE FIVE-COLOR-OVERLAY PINK GLASS SNUFF BOTTLE, IMPERIAL, PALACE WORKSHOPS, BEIJING, 1750-1850

Estimate: $18,000-22,000

Price realized: $68,750

Mandarin & Menagerie: The Sowell Collection, Part II  – 16 September                                            

Total: $927,875

TOP LOT: Lot 631

A RARE FAMILLE ROSE OCTAGONAL BOX AND COVER, YONGZHENG PERIOD (1723-1735)

Estimate: $20,000-30,000

Price realized: $112,500

Elevated Beauty: Fine Chinese Display Stands From An Important Private American Collection – 17 September                                           

Total: $428,875

TOP LOT: Lot 1066

A RED LACQUER SCROLL-FORM STAND, 18th CENTURY

Estimate: $12,000-18,000

Price realized: $32,500

The Lai Family Collection of Fine Chinese Furniture and Works of Art – 17 September                                        

Total: $6,989,313                                                        

TOP LOT: Lot 919

A MAGNIFICENT AND VERY RARE MASSIVE NANMU-INSET HUANGHUALI PAINTING TABLE, HUA’AN, 17th CENTURY

Estimate: $1,000,000-1,500,000

Price realized: $2,261,000

Fine Chinese Ceramics & Works of Art – 17 and 18 September                        

Total: $22,878,875

TOP LOT: Lot 2030

AN IMPORTANT AND VERY RARE SET OF FOUR HUANGHUALI ‘FOUR-CORNERS-EXPOSED OFFICIAL’S HAT’ ARMCHAIRS, SICHUTOUGUANMAOYI, LATE 16th-EARLY 17th CENTURY

Estimate: $1,800,000- 2,500,000

Price realized: $4,197,000

 

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