Hong Kong Autumn Sales, 1 - 6 October 2011
An outstanding blue and white vase with fruit sprays from the The Meiyintang Collection, Part II
set a world record for any Ming porcelain at auction, selling for HK$168.7 million / US$21.6
Our Magnificent Jewels and Jadeite sale set world auction records for two important coloured diamonds, including this 6.01-Carat Fancy Vivid Blue Diamond and Pink Diamond Ring which
achieved HK$79 million / US$10 million.
In our 20th Century Chinese Art auction, Zao Wou-ki’s 10.1.68 set a world record for the artist
at auction, selling for HK$68,980,000 / US$8,843,590.
The top lot in Sotheby’s Contemporary Asian Art auction was Zhang Xiaogang’s Bloodline: Big Family No.1. Hammered down for HK$65.6 million / US$8.4 million, it set an auction record
for the artist's Bloodline series.
The Fine Chinese Paintings' sale realised HK$738 million / US$94.7 million, the highest total for
any sale in this category at Sotheby's. More than 16 works sold for more than HK$10 million/
US$1.3 million each. The top lot, Zhang Daqian’s Self-Portrait in the Yellow Mountains, fetched
HK$46.6 million / US$6 million.
During the Fine Chinese Ceramics & Works of Art auction highly competitive bidding drove this important and extremely rare imperial gilt-bronze bell to a final HK$39,860,000 / US$5,121,213.
Offered in Hong Kong in April and in our most recent sale, the final total for the Ullens
Collection was HK$559,652,250 / US$71,750,288, the auction record for any
single-owner collection of Contemporary Chinese Art.
Our sale of Important Watches achieved an astounding HK$112 million / US$14 million,
establishing the highest-ever total for a sale of important watches at Sotheby’s worldwide.
This Patek Philippe Ref. 1518 perpetual calendar chronograph from the 1950s was
sold for HK$5,540,000 / US$710,283.
The Modern and Contemporary Southeast Asian Paintings' sale more than doubled its pre-sale estimate, realising HK$82.8 million / US$10.6 million. The top lot, Hendra Gunawan's Tuak Manis (Sweet Wine), sold for HK$7.2 million / US$925,461 - four times its estimate.
Jewels and Watches from The Estate of Anita Mui more than doubled its pre-sale low estimate
and was 100% sold. This cultured pearl diamond necklace and pair of matching pendent
ear clips by Gianmaria Buccelati achieved HK$1,580,000 / US$202,572.
Our two-day wine sale series realised HK$99.1 million / US$12.7 million (est. HK$84.5-119 million
/ US$10.9-15 million), bringing the total for Sotheby’s 2011 Hong Kong wine sales to HK$582 million
/ US$75 million.
The top lot from the auction to benefit the University of Oxford China Centre, Huang Yongyu's
ink scroll Freedom, sold for HK$400,000. Items donated for this sale contributed to raising
funds for the centre’s new building.
Sotheby's Autumn 2011 six-day sale series in Hong Kong concluded on 6 October, selling over 3,000 lots for a stunning total of HK$3.2 billion / US$411 million (est. HK$2.7 - 3.7 billion / US$ 350 - 480 million*) - the second highest total ever for a sale series at Sotheby's Hong Kong.
This season’s extraordinary results bring Sotheby's Hong Kong's 2011 auction total to an impressive sum of HK$7.49 billion / US$960 million, a 40% increase over our 2010 total (HK$5.34 billion / US$685 million).
* Estimates do not include buyer’s premium