The third installment of the Boundless: Contemporary Art auction on 10 June reached a total of HK$27.02 million. Western works made up six of the top ten works sold, including Magnetron Series: Pancho by James Turrell, the first light installation by the artist to be auctioned in Asia. Special themed-sections of contemporary Asian art also performed strongly, with all works from the Japanese Gutai group sold. The market responded well to pieces in diverse media — ranging from installation, sculpture, and painting to electronic guitar — and the enthusiasm further testifies to the diversifying tastes of Asian collectors.
The third installment of Sotheby’s Boundless: Contemporary Art will provide collectors the unique opportunity to access both Asian and Western contemporary art in one highly-curated sale. This season features works by well-established artists as well as fast-emerging names, including works by Zeng Fanzhi, Zhang Xiaogang, Gilbert & George and Allora & Calzadilla; a rare collection of Gutai paintings including three by Kazuo Shiraga, as well as an array of photographs by David Lachapelle, Vik Muniz, Andreas Gursky and Andres Serrano. James Turrell’s work will also make its auction debut in Asia.