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Fine Chinese Paintings fetched HK$468 million, HK$200 million more than pre-sale estimate, at Sotheby’s Hong Kong Spring Sale 2012
The high demand for Chinese paintings was palpable at the Sotheby’s Hong Kong Fine Chinese Paintings Spring Sale 2012, where 341 lots of Chinese masterpieces brought in a total of HK$468,274,750 on April 3. Paintings by famous Chinese artists including Fu Baoshi’s Mount Lu and Zhang Daqian’s Guan Yin were among the most popular; they went for HK$24,180,000 and HK$15,780,000, respectively but standing uncontested at the top is Qi Baishi’s Willows at the Riverside; Begonias, a pair of gold screens created at the height of Qi’s popularity, displaying his masterful technique, which was sold for HK$70.1 million.
Spectrum Wine Auctions raked in HK$34 million in its Spring 2012 Spectrum Wine Auction in Hong Kong.
The Fine Chinese Painting Sale was one of the main events of the Sotheby’s Hong Kong Spring Sale that was held at the Hong Kong Convention and Exhibition Centre from March 31 to April 4, it also featured other auctions including the Meiyintang Collection, Part III - A Selection of Imperial Chinese Porcelains, Water, Pine and Stone Retreat Collection; and Scholarly Art II, A Private Collection of Scholarly and Imperial Works of Art and Fine Chinese Ceramics & Works of Art.
Qi Baishi’s Willows at the Riverside; Begonias
These classical works, many of them from private collections in Europe, United States and Asia, attracted many enthusiastic collectors at the 2012 Spring Sale. Qi’s Willows at the Riverside; Begonias alone attracted three determined collectors who pushed the final price to triple its pre-sale estimate.
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