The 7 sales of Chinese Ceramics and Works of Art on 8 October achieved a combined total of HK$698.8 million /US$89.6 million. The remarkable Heirlooms of Chinese Art from the Hosokawa Clan offered with very attractive estimates has achieved remarkable success, nearly tripling its high estimate to bring HK$159,279,997 / US$20,543,934. The Later Chinese Bronzes from the Collection of Ulrich Hausmann were a testament to connoisseurship of fine objects at all levels of the market and offered an extraordinary opportunity for new participants that Sotheby’s has introduced to the field of Chinese Works of Art. The 147 lots brought HK$34,341,250 / US$4,402,724 at prices ranging from HK$5,000 / US$641 to HK$3,040,000 / US$389,743. In addition, Sotheby’s set a World Auction Record For Qing Monochrome Porcelain when the magnificently carved celadon jar decorated with dragons formerly in the Fonthill collection fetched HK$94.2 Million / US12 Million. A further highlight was the HK$57.24 million / US$7.34 million price set for a Qing-Dynasty Yellow-Ground ‘Yangcai’ Vase.
Collected with passion over 45 years by the German architect Ulrich Hausmann, the Wei Liao Qing Yuan is the definitive collection of later Chinese bronzes. Encompassing all the major categories, the sale includes incense burners, archaistic vessels, water droppers, hand warmers and religious figures, reflecting the refined taste of the official scholar elite from the Song to Qing dynasties.