Asian art sales have been faring better in New York than London recently with Sotheby's recording a turnover of US $ 17,1 million between March 23rd and 27th 1998. Indian, Chinese and Japanese pieces sold well with notably a 5th century sandstone Gupta head of Buddha which fetched US $ 1,02 million, a world record price. In the space of a few years New York has become the number one place for the Asian art market and the March sales produced some stunning bids. For example a Tibetan gilt bronze of the Dharmapala Mahakala originating from the Imperial Summer palace of Chengde was sold US $ 690,000 whereas three other bronzes went beyond the US $ 200,000 mark. Sotheby's recorded the best results in all fields except for Chinese paintings. On its side, Christie's recorded a total turnover of $ 7,8 million for sales held during the same period.
Asian art sales have been faring better in New York than London recently with Sotheby's recording a turnover of US $ 17,1 million between March 23rd and 27th 1998. Indian, Chinese and Japanese pieces sold well with notably a 5th century sandstone Gupta head of Buddha which fetched US $ 1,02 million, a world record price. In the space of a few years New York has become the number one place for the Asian art market and the March sales produced some stunning bids. For example a Tibetan gilt bronze of the Dharmapala Mahakala originating from the Imperial Summer palace of Chengde was sold US $ 690,000 whereas three other bronzes went beyond the US $ 200,000 mark. Sotheby's recorded the best results in all fields except for Chinese paintings. On its side, Christie's recorded a total turnover of $ 7,8 million for sales held during the same period.
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