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GOOD RESULTS FOR SOUTHEAST ASIAN CONTEMPORARY AND MODERN ART IN HK
26 November 2007
Catégorie : MARKET

The sale of Southeast Asian contemporary and modern art held by Christie's in Hong Kong on November 25th 2007 yielded some promising results.

Southeast Asian Contemporary and ModernArt

Hong Kong - Sunday, 25 November, 2007 - Sale no: 2380 - Top Ten

[All sold prices include buyer'spremium]

 

Sold:    HK$ 64,329,000

US$ 8,272,709

5,577,324

£4,014,130

Lots Sold: 107

Lots Offered: 112

Sold by Lot: 96%

Sold by $: 99%

Exchange Rate: HK$ 1 = US $ 0.1286 /£ 0.0624 / € 0.867

 

Lot

Description

Estimate (HK$)

Purchase Price

Buyer

81

Rudolf Bonnet, Market scene
WORLD AUCTION RECORD FOR THE ARTIST

3,200,000-4,000,000

HK$ 11,527,500

US$ 1,482,437

€ 999,434
£719,316

Asian Private

88

Adrien-Jean Le Mayeur de Merprès, Women with offerings

3,200,000-4,800,000

HK$ 4,567,500

US $587,381

€396,002

£285,012

Asian Private

82

Rudolf Bonnet, Bali life

800,000- 1,200,000

HK$ 4,087,500

US$ 525,653

354,386
£255,060

Asian Private

16

 

I Nyoman Masriadi,  Juling (Cross-eyed)

WORLD AUCTION RECORD FOR THE ARTIST

 

65,000- 95,000

HK $2,647,500

US $340,469

229,538
£
165,204

Asian Trade

89

Adrien-Jean Le Mayeur De Merprès, Three Balinese women in the garden

650,000-800,000

HK$ 2,287,500

US$ 294,173

198,326
£142,740

Asian Private

68

Vicente Silva Manansala, Machinery

WORLD AUCTION RECORD FOR THE ARTIST

800,000-1,200,000

HK$ 2,287,500

US$ 294,173

198,326
£142,740

Asian Private

112

Antonio Blanco, Nude with devil's mask

WORLD AUCTION RECORD FOR THE ARTIST

160,000 -240,000

HK$ 1,927,500

US$ 247,877

167,114
£120,276

Asian Private

17

I Nyoman Masriadi, Badanku Kurang Besar (My body is not big enough)

WORLD AUCTION RECORD FOR THE ARTIST

65,000 - 95,000

HK$ 1,687,500

US$ 217,013

€146,306
£105,300

Asian Private

99

Hendra Gunawan, Banana vendor

600,000-700,000

HK$ 1,507,500

US$ 193,865

€ 130,700
£
94,068

Asian Private

108

Antonio Blanco, The Bumblebee dance

240,000-400,000

HK$ 1,447,500

US$ 186,149

125,498
£90,324

Asian Private

 

Ms. Ruoh-Ling Keong, Vice President & Head of the Southeast Asian Modern & Contemporary Art, Christie's said: "Against the dramatic backdrop of a packed room, bidding for Modern & Contemporary Southeast Asian art was enthusiastic and definite.  Christie's vision of strong cross-buying came to fruition today with a record sale for the category, with robust bidding online and in person, and collectors from India, Taiwan, Mainland China, Europe and the Americas vying for rare and desirable categories.  The sale result has created new elites among Southeast Asia art categories, placing Masriadi, who broke his record at auction, Yunizar, Rudi Mantofani among the most sought-after artists.  Modern Art was equally encouraging, continuing the prime positions of artists such as Bonnet, who also broke his world record at an auction, Le Mayeur and Zobel."

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