The Modern and Contemporary Asian Art Evening Sale achieved HK$603.7 million / US$77.4 million, exceeding the pre-sale estimate (HK$423 million / US$54 million). Nine auction records were established, with the top lot of the sale being Wu Guanzhong’s Plum Blossoms, fetching HK$66.8 million / US$8.6 million. Six masterpieces from the specially-curated section “Nature Through the Eyes of Wu Guanzhong” brought a total of HK$157 million / US$20.1 million, more than double the pre-sale estimate.
Important Notice: This sale is subject to the new buyer's premium rates that come into effect 1 February 2015. To view the updated rates please CLICK HERE
Comprised of more than 50 exceptional 20th-century and contemporary works from across Asia and Southeast Asia, the sale will present a series of six masterpieces by Wu Guanzhong spanning the 1970s through 1990s. Taken together, Plum Blossoms, Riverside Bamboos and Autumnonto the Wall onto the Wall offer an exceptional tour of the artist’s creative milestones. Rare contemporary Asian works new to the market are also offered: Fang Lijun’s archetypal bald-headed figures 1996.4; Blue Sea, one of Liu Ye’s earliest symbolic depictions of warships; and Takashi Murakami’s Panda Geant. A selection of Southeast Asian works will emphasize the unique identities at the heart of the region’s creative metamorphosis, highlighting Hendra Gunawan’s work Pandawa Dadu.