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ASIAN ART : A SOLID MARKET
01 May 1999


Asian art pieces fared well during sales at Christie's and Sotheby's at the end of March 1999 in New York.

Christie's total turnover for their three-day sales fetched $ 13,57 million while Sotheby's record $ 11,87 million in five sales.

Christie's were ahead of Sotheby's regarding Chinese pieces, notably from the collection of Hong Kong millionnaire T.T. Tsui. A superb pair of Meiping jars with yellow-enamelled base and a decor of pink dragons, Qianlong period, fetched $ 530,500 (inclusive of buyer premium).

A rare blue and white Yuan gourd however remained unsold at $ 850,000 while a Song Celadon pourer went for $ 233,500. A Yongzheng Celadon Amphora showing Persian influence sold for $ 442,500 (inclusive of buyer cost) at twice its high estimate.

An archaic Zhu bronze went for $ 288,500 while ancient paintings fared well such as a scene showing travellers on mountainous slopes which went for the incredible price of $ 1,43 million against a modest high estimate of $ 70,000. In fact dealers attributed this work to the great master Guo Xi.

Sotheby's fared better with Tibetan and Indian art, a 17th Century Tanka selling for $ 145,500 while a gilt bronze Yamatanka fetched $ 650,000, under its $ 700,000-900,000 estimate.

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