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CHRISTIE'S FALL HONG KONG SALES WEEK ACHIEVES US$366 MILLION
03 December 2011
Catégorie : MARKET

Christie's Hong Kong Autumn auctions held until November 30, 2011 realized a combined total of HK$2.85 billion (US$366 million) across 12 sales of paintings, wine, jewels, watches and works of art.

These results brought the season total for Christie's Asia to HK$3.025 billion (US$389 million) and the 2011 full year results to HK$7.04 billion (US$904 million), including the Forever sales in Beijing as well as mid-season wine sales.

"Led by Asian contemporary and 20th Century art, jewellery and watches, Chinese classical and modern paintings and calligraphy, as well as Chinese works of art and wine, our 50th sale season in Hong Kong saw great participation from Asia (87%), with 73% of the buyers coming from Greater China. Sixty-nine works of art sold for more than US$1 million, the same number as in 2010. Strong prices were obtained for works by Zao Wou-Ki (b. 1920), Cui Ruzhuo (b. 1944), as well as diamonds, 19th century watches made for the Chinese market, and Qing ceramics. The market is price-aware and hungry for well-curated sales offering the best works of art, appropriately estimated," said François Curiel, President of Christie's Asia.

Christie's Hong Kong Fall 2011 Season Highlights Sale

Sale Total

Top Lot

Fine and Rare Wines

featuring Important Ex-Cellars Consignments Parts I and II

25-26 November

Fine and Rare Wines: The Property of a Gentleman

28 November

HK$64,695,540/US$8,300,438

Lot 670

Château Haut-Brion

Pessac (Graves), 1er cru classé. Château-bottled 14 bottles and custom console

Estimate: HK$1,000,000 – 2,000,000

Sold for: HK$1,200,000/ US$153,960

*World auction record for a Château Haut-Brion lot

Asian 20th Century &

Contemporary Art (Evening Sale)

Faces of New China: An Important Private Collection (Evening Sale)

26 November

Asian 20th Century Art (Day Sale)

Asian Contemporary Art (Day Sale)

27 November

HK$704,795,000/US$90,425,199

Lot 1004

ZAO WOU-KI (B. 1920)

Cerf volant et oiseaux

Estimate: HK$10,000,000 - 15,000,000

Sold for: HK$35,380,000/ US$4,539,254

Fine Chinese Classical Paintings and Calligraphy

28 November

Fine Chinese Modern Paintings

29 November

HK$778,486,750/US$99,879,850

Lot 2237 CUI RUZHUO (BORN 1944)

Lotus

Estimate: HK$40,000,000 – 60,000,000

Sold for: HK$123,860,000/US$15,891,238

*World auction record for the artist

3

Hong Kong Magnificent Jewels

29 November

HK$644,963,250/US$82,748,785

Lot 2793 A 35.77 ct D Flawless Type IIa brilliant-cut diamond

US$231,000 per ct

Estimate: HK$56,000,000-80,000,000

Sold for: HK$64,500,000/US$8,275,350

Exceptional Chinese Works of Art from an Important European Collection

Important Chinese Ceramics and Works of Art, Parts I & II

30 November

HK$514,699,250/US$66,087,384

Lot 2941

A fine and exceedingly rare underglaze blue and copper-red meiping

Qianlong six-character sealmark and of the period (1736-1795)

Estimate: HK$25,000,000 –30,000,000

Sold for: HK$46,580,000/US$5,980,872

Important Watches

30 November

HK$140,894,875/US$18,153,553

Lot 3885

Moulinié, Bautte & Cie. An Extremely Rare, Important And Fine Gold, Enamel And Pearl-Set Flintlock Pistol-Form Perfume Sprinkler With Concealed Watch, Made For The Chinese Market, circa 1805

Estimate: HK$2,800,000-4,500,000

Sold for: HK$3,980,000/US$511,032

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