Whom You Know: Sotheby’s Chinese Works Of Art Sale Soars Over High Estimate To Total $20.7 million

Wednesday, March 21, 2012

Sotheby’s Chinese Works Of Art Sale Soars Over High Estimate To Total $20.7 million

Today at Sotheby’s the Fine Chinese Ceramics and Works of Art Sale brought the outstanding total of $20,709,776, significantly exceeding the pre-sale high estimate of $16.8 million. The auction was led by two Extremely Rare Famille Rose ‘Heaven and Earth’ Revolving Brushpots, with Qianlong seal marks and dated to the period(ests. $120/150,000 and $80/120,000) which brought a combined total of $3.5 million. There were also exceptional prices for jades, archaic bronzes, furniture, and furniture among other areas of the sale which was over 70% sold.

Henry Howard-Sneyd, Vice Chairman, Asian Art and one of today’s auctioneers commented: “Today’s outstanding total of $20.7 million showed that collectors are prepared to fight for objects with rarity and good provenance when offered at conservative estimates. Two Revolving Brushpots from the Qianlong period led the sale bringing a combined total of $3.5 million, many multiples of the high estimates. These astonishing pieces are the product of ingenious design and almost miraculous craftsmanship.”

http://www.sothebys.com/en.html

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