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  • ASIAN 20TH CENTURY AND CONTEMPORARY ART MAKES $60.6 MILLION

     

    Potted Chrysanthemums by Sanyu.

    Potted Chrysanthemums by Sanyu.

    The Asian 20th century and contemporary art evening sale at Christie’s in Hong Kong achieved US$60,640,488. The top lot was Potted Chrysanthemums by Sanyu which made US$5,966,784.  Eagles by Xu Bihong made US$3,208,896 and No. 229 by Chu Teh-Chun sold for US$3,063,744.

    Eric Chang, Christie’s Deputy Chairman of Asia, said:  We saw a strong sell-through rate, with special strength in Southeast Asian and Korean art. This confirms the diverse interests of collectors in Asian 20th century and contemporary art, while demand for works by 20th century masters such as Sanyu and Xu Beihong is consistently strong. The enthusiasm from private collectors for the category from across Asia was also very evident in the evening sale.

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