Friday, December 25, 2020

CHINESE CERAMICS & WORKS OF ART AUTUMN AUCTIONS

CHINESE CERAMICS & WORKS OF ART AUTUMN AUCTIONS ACHIEVED HK$323,363,750 / US$41,922,755

On 30 November, Christie's held four themed live auctions for Chinese Ceramics & Works of Art: The Chang Wei-Hwa Collection of Archaic Jades - Xia, Shang and Western Zhou Dynasties, Inspiring the mind - Life a scholar-official, Imperial Glories from the Springfield Museums Collection, and Important Chinese Ceramics and Works of Art. 

CHINESE CERAMICS & WORKS OF ART AUTUMN AUCTIONS
Art Auction

The combined sales realized a total of HK$323,363,750 / US$41,922,755, with the top lot of each sale all surpassing their pre-sale high estimates. 

Overall Sale Highlights 61% lots across all four sales sold above their high estimates The Chang Wei-Hwa Collection of Archaic Jades 100% sold, more than tripling its pre-sale low estimate, with 84% of lots sold surpassing their high estimates Imperial Glories from the Springfield Museums Collection was 100% sold, more than doubling its pre-sale low estimate, and with 75% of sold lots surpassing their high estimates. 

The selection of Chinese furniture including Zitan and Huanghuali objects achieved standout prices, totaling HK$90,112,500 / US$11,682,708, exceeding their high estimates Chi Fan Tsang, Deputy Chairman, Specialist Head of Department, commented, "We were privileged to once again offer several prominent private collections this season, most notably the Springfield Museums collection and the Chang Wei-Hwa Collection of Archaic Jades in dedicated single sales, which were enthusiastically received by collectors and were 100% sold at multiples of their low estimates. 

We witnessed healthy bidding across our top lots this season, most of which sold over their high estimates, reflecting strong demand for celebrated works of art of various categories, from throughout the course of Chinese history.