The sales of Chinese Works of Art were held in Hong Kong on 7 October. An Imperial Painting of Chunhui, the Qianlong Emperor’s favourite Consort, by Court Artist Giuseppe Castiglione was sold for HK$137.4 million/US$17.6 million after over 20 minutes of bidding, setting a world auction record for a Chinese Imperial portrait. The auction of Ming Furniture – The Dr S Y Yip Collection was 100% sold, achieving HK$260 million / US$33 million and over 90% surpassing high estimates.
The Dr S Y Yip Collection is an internationally acclaimed and exquisite group of Ming dynasty furniture avidly assembled during the last two decades of the 20th century. Consisting of 38 lots in total, the sale is a testament to Dr Yip’s tenacious pursuit of perfection and scholarly temperament. Highlights include a huanghuali high yoke-back armchair and a huanghuali couch-bed, luohan chuang, both from the late Ming dynasty and exemplifying the refined taste of the literati imbued in the collection.