Last sale of the year at Sotheby’s Paris, the Asian Art sale took place on December 15. The first session offered at auction a group of early Chinese jade and hardstone carvings including the Collection of Max Loehr. Just after, a remarquable set of 114 works from private collectors was offered at auction.
A small and very charming yellow jade figure of a seated mythical beast was the undisputed star of the sale. After a fierce and lengthy battle between bidders in the room against 17 bidders on the phone mostly from Asia but also from the US and Europe, it was ultimately sold to a private collector in the room, setting a new world record price for an early Chinese jade carving.
Our Arts d'Asie sale in June was a triumph, once again confirming Paris as an important venue and selling location for Asian art in Europe. The auction achieved a total of €13 million, against an estimate of €2.7 to 4 million, with a packed saleroom providing a stage for several dramatic bidding battles.
For the first time, the Arts d'Asie sale at Sotheby’s Paris included a comprehensive selection of Chinese classical and modern paintings and calligraphy from European collections. It fetched a total of €6.5 million, with 94.6% of lots sold and 100% by value. Magnificent imperial porcelains, jades, hardstones and Buddhist art continued to hold considerable appeal for Asian collectors.