RESULTS: Fine Chinese Ceramics and Works of Art at Sotheby's
The Asia week series of auctions continued at Sotheby’s today with Fine Chinese Ceramics and Works of Art. The sale totaled $15,170,375 exceeding the high estimate and was 61% sold by lot and 76% by value.
Dr. Caroline Schulten, Sotheby’s Head of Chinese Works of Art said: “Today’s sale saw enthusiastic bidding and strong prices across a range of different categories from porcelain and jades, to furniture and paintings. Collectors from around the world often raised the bidding to multiples of the high estimate in order to secure the very best works. We are delighted with the total of $15,170,375 which exceeded the high estimate. The highlight of the sale was a superb 'Ge' Octagonal Vase (Ba Fanghu)which soared above the high estimate to fetch $1,762,500 (est. $400/600,000). Among the paintings on offer, Yao Shoo’s'Landscape With Boats' more than doubled the upper estimate to sell for $1,082,500 (est. $300/500,000) and an Important Imperial Painting From The Set Of Seventeen Paintings Commemorating The Victories Over The Muslim Rebellion sold for $992,500 (est. $120/150,000). Among many strong prices for jades in the sale was A Magnificent Jadeite Bird-Shaped Vessel and Cover, Late Qing Dynasty which sold for $632,500 – more than ten times the high estimate.”
