Whom You Know: Sotheby's March 2011 Chinese Ceramics and Works of Art Auctions

Monday, March 28, 2011

Sotheby's March 2011 Chinese Ceramics and Works of Art Auctions

Sotheby’s sales of Chinese Ceramics and Works of Art have concluded, bringing the overall total for the series of auctions to $71,320,518 (est. $17.5/25.1 million), the highest total ever achieved anywhere in New York. All three auctions exceeded their estimates and competitive bidding was seen across all categories and periods. The sales followed an energetic exhibition period packed with collectors from the United States, Europe and Asia.

Sotheby’s Asia Week auctions began with the much anticipated sale of Chinese Ceramics and Works of Art from J.T. Tai & Co. The auction brought a stunning total of $36,312,493 and was nearly 94% sold by lot. The second single owner collection of the series, Harmony of Form, Serenity of Color: A Private Collection of ‘Song’ Ceramics, achieved a total of $9,039,375, comfortably exceeding the $4.7/6.8 million estimate. The various owner sale of Fine Chinese Ceramics and Works of Art achieved a total of $25,968,650 (est. $9.2/13.1 million), Sotheby’s highest total in this category since the March 2007 sale which included highlights from the Albright-Knox Art Gallery.

http://www.sothebys.com/

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