{"id":9121,"date":"2011-05-29T21:05:33","date_gmt":"2011-05-29T21:05:33","guid":{"rendered":""},"modified":"2011-05-29T21:05:33","modified_gmt":"2011-05-29T21:05:33","slug":"Christie-s-Asian-Art-Sales-Fetch-98-Million","status":"publish","type":"post","link":"https:\/\/asiancemagazine.com\/?p=9121","title":{"rendered":"Christie\u2019s Asian Art Sales Fetch $98 Million"},"content":{"rendered":"

Christie\u2019s sales of 20th-century and contemporary Asian art in Hong Kong Saturday evening and Sunday afternoon took in more than 761 million Hong Kong dollars (US$98 million). The Saturday take was HK$484 million, double the presale estimate\u2014making it the auction house\u2019s biggest-ever sale in the category. The top lot: Zao Wou-Ki\u2019s \u201c2.11.59,\u201d which sold for HK$41 million Saturday. Just 7% of lots went unsold, compared with 16% at last November\u2019s evening sale of 20th-century and contemporary Asian art, which brought in a total of HK$281 million.<\/strong><\/p>\n

The top lot among Sunday\u2019s contemporary art was Zeng Fanzhi\u2019s \u201cAndy Warhol,\u201d which fetched HK$9.6 million. Among the 20th-century art, it was Mr. Zao\u2019s \u201c5.6.63,\u201d which sold for HK$1.9 million. In all, five lots at the sales sold for more than HK$30 million, and an additional 17 lots for more than HK$10 million. Eighteen world auction records were set, including for works by Japan\u2019s Zenzaburo Kojima and China\u2019s Pang Jiun.<\/p>\n

The sale of Mr. Zeng\u2019s \u201cThe Leopard,\u201d the final lot Saturday, was perhaps the most animated moment of the weekend. More than 10 bidders raised their hands at the opening offer of HK$4 million, prompting a bidding war. Chinese entrepreneur Zhao Zhijun finally won it, to the applause of the audience, for HK$36 million. Proceeds from the sale of \u201cThe Leopard\u201d went to the nonprofit environmental organization The Nature Conservancy. Mr. Zhao said he will display the work at his private museum in Beijing.<\/strong><\/p>\n

SOURCE<\/a>
\n<\/p>\n","protected":false},"excerpt":{"rendered":"

Christie\u2019s sales of 20th-century and contemporary Asian art in Hong Kong Saturday evening and Sunday afternoon took in more than<\/p>\n","protected":false},"author":1213,"featured_media":72448,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"colormag_page_container_layout":"default_layout","colormag_page_sidebar_layout":"default_layout","footnotes":""},"categories":[1],"tags":[],"class_list":["post-9121","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"magazineBlocksPostFeaturedMedia":{"thumbnail":"https:\/\/asiancemagazine.com\/wp-content\/uploads\/u-113x150.jpg","medium":"https:\/\/asiancemagazine.com\/wp-content\/uploads\/u.jpg","medium_large":"https:\/\/asiancemagazine.com\/wp-content\/uploads\/u.jpg","large":"https:\/\/asiancemagazine.com\/wp-content\/uploads\/u.jpg","1536x1536":"https:\/\/asiancemagazine.com\/wp-content\/uploads\/u.jpg","2048x2048":"https:\/\/asiancemagazine.com\/wp-content\/uploads\/u.jpg","colormag-highlighted-post":"https:\/\/asiancemagazine.com\/wp-content\/uploads\/u.jpg","colormag-featured-post-medium":"https:\/\/asiancemagazine.com\/wp-content\/uploads\/u.jpg","colormag-featured-post-small":"https:\/\/asiancemagazine.com\/wp-content\/uploads\/u-113x90.jpg","colormag-featured-image":"https:\/\/asiancemagazine.com\/wp-content\/uploads\/u.jpg","colormag-default-news":"https:\/\/asiancemagazine.com\/wp-content\/uploads\/u-113x150.jpg","colormag-featured-image-large":"https:\/\/asiancemagazine.com\/wp-content\/uploads\/u.jpg","colormag-elementor-block-extra-large-thumbnail":"https:\/\/asiancemagazine.com\/wp-content\/uploads\/u.jpg","colormag-elementor-grid-large-thumbnail":"https:\/\/asiancemagazine.com\/wp-content\/uploads\/u.jpg","colormag-elementor-grid-small-thumbnail":"https:\/\/asiancemagazine.com\/wp-content\/uploads\/u.jpg","colormag-elementor-grid-medium-large-thumbnail":"https:\/\/asiancemagazine.com\/wp-content\/uploads\/u.jpg"},"magazineBlocksPostAuthor":{"name":"Joshua","avatar":"https:\/\/secure.gravatar.com\/avatar\/62ee23f8f40307578d1f284ecd823d77f32da8ea35541e7dbdafeb5da1a4e877?s=96&d=mm&r=g"},"magazineBlocksPostCommentsNumber":"1","magazineBlocksPostExcerpt":"Christie\u2019s sales of 20th-century and contemporary Asian art in Hong Kong Saturday evening and Sunday afternoon took in more than","magazineBlocksPostCategories":["News"],"magazineBlocksPostViewCount":153,"magazineBlocksPostReadTime":2,"magazine_blocks_featured_image_url":{"full":["https:\/\/asiancemagazine.com\/wp-content\/uploads\/u.jpg",113,170,false],"medium":["https:\/\/asiancemagazine.com\/wp-content\/uploads\/u.jpg",113,170,false],"thumbnail":["https:\/\/asiancemagazine.com\/wp-content\/uploads\/u-113x150.jpg",113,150,true]},"magazine_blocks_author":{"display_name":"Joshua","author_link":"https:\/\/asiancemagazine.com\/?author=1213"},"magazine_blocks_comment":1,"magazine_blocks_author_image":"https:\/\/secure.gravatar.com\/avatar\/62ee23f8f40307578d1f284ecd823d77f32da8ea35541e7dbdafeb5da1a4e877?s=96&d=mm&r=g","magazine_blocks_category":"News<\/a>","_links":{"self":[{"href":"https:\/\/asiancemagazine.com\/index.php?rest_route=\/wp\/v2\/posts\/9121","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/asiancemagazine.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/asiancemagazine.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/asiancemagazine.com\/index.php?rest_route=\/wp\/v2\/users\/1213"}],"replies":[{"embeddable":true,"href":"https:\/\/asiancemagazine.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=9121"}],"version-history":[{"count":0,"href":"https:\/\/asiancemagazine.com\/index.php?rest_route=\/wp\/v2\/posts\/9121\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/asiancemagazine.com\/index.php?rest_route=\/wp\/v2\/media\/72448"}],"wp:attachment":[{"href":"https:\/\/asiancemagazine.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=9121"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/asiancemagazine.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=9121"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/asiancemagazine.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=9121"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}