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CHRISTIE'S SHANGHAI AUTUMN AUCTIONS TOTAL OVER 21,6 MILLION DOLLARS
27 October 2014
Catégorie : MARKET

New collectors arrived at Christie's Shanghai sale on October 26, 2014  to join established clients in a series of auctions that marked the one year anniversary of the auction house's activities in the city.

Modern and contemporary art, wine,jewellery, watches and the new category of Chinese Contemporary Design sold to both Chinese and international clients throughout the day in sales that realized RMB 132,350,000.00 /US$21,674,692.

The gala evening sale of Asian & Western 20th and Contemporary Art offered works in a sale that provoked a fascinating dialogue provoked by the global team of Christie‟s specialists who worked on the selection. Bidding in the sale was truly international demonstrating increasingly global taste and buying activity seen across many categories in today's marketplace.

The sale was led by Zeng Fanzhi's Untitled 06-3 which sold for RMB19,470,000/US$ 3,188,562 (estimate: RMB12,000,000- 22,000,000), and induced five new record prices for artists including for works by Qiu Deshu, Xue Feng, Song Kun, Hao Liang and Yuan Yuan.

The sale of wine, watches and jewellery was also very well received by clients, selling 93% by lot while Christi's also presented Chinese Contemporary Design, a curated sale which represented a fusion of history and modernity, and celebrated the quality of Chinese craftsmanship.

The sale was led by "Da Tian D" (Sky and Earth), an exceptionally large"Bo Lu" lacquered Zitan desk which sold for RMB5,070,000/US$ 830,304 (estimate: RMB3,500,000-4,000,000). The sale was a complete success with all lots sold.

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