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Established in 1993, China Guardian will mark its 20th anniversary with a large-scale exhibition in Beijing.

Chinese Art Market: Past and Present is set to open November 10 at the National Museum of China and will run through the end of the month.

The retrospective exhibition will feature a host of hign-end items offered by China Guardian from the last 20 years, including Chinese paintings and calligrapghy, porcelain and works of art, along with Chinese oil paintings, watches and stamps.

Notably, a joint showing of one work that experts consider to be a national treasure is expected to attract enormous social attention. The classical calligraphy work Chu Shi Song, widely believed to be created during the Sui Dynasty, was split in two sections in the early 20th century. One found its way to the Palace Museum, while the other ended up with a collector who donated it to the museum this April in cooperation with China Guardian.

Wang Yannan, Director and President of China Guardian, said that over the past 20 years, China Guardian has witnessed every stage of development of the Chinese art market, and the auction house has grown with the market. “The exhibition traces the history of China Guardian over the past two decades, and also tells about the development path of the Chinese art market. The market started from sratch, but now is thriving. We hope to work together with the collectors and embrace a bright future,” she said.

Museum caliber items

Chu Shi Song

Over the last 20 years, many rare items that landed in foreign countries or with private collectors have been rediscovered through the genuine efforts of China Guardian.

For example, Chu Shi Song is a classic piece of calligraphy featuring cursive script that has aroused debate over its origin. Some have said it was written by Suo Jing, a calligrapher from the West Jin Dynasty, while the famed Chinese artist and connoisseur Mi Youren of the Song Dynasty ascribed it to an unknown Sui Dynasty artist.

It was during the Qing Dynasty that the work found its way to the Imperial storehouse and was taken outside the royal court in the 1920’s when it was split in two sections: the impressive calligraphy and a preface by the scholar Zhang Dashan of the Yuan Dynasty who examined its style, historical background and possible authors.

In 2003, the calligraphy work appeared in the art market and was bought by the National Palace Museum, and altough the preface was still not accounted for, it was discovered in 1997.

Things changed on September 29, 2013. According to a proposal by Chen Dongsheng, co-founder of China Guardian, the auction house and the preface’s owner donated the eagerly anticipated preface to the National Palace Museum, culminating in the first joint showing of this historic work.

In addition, museum caliber items to be displayed will include the Song Dynasty painting Ruiying Tu and a calligraphy piece by Emperor Gaozong of the Song Dynasty, which was bought by the Shanghai Museum in 2000.

Record-setting items

The tremendous growth of the art market in the last 20 years has turned China into a leading art player, just behind the US and the UK. A trendsetter and accomplished pioneer in the business, China Guardian is now the world’s fourth biggest auction house and has achieved multiple regional and global art sales records in the past two decades.

The exhibition will gather many items that have broken records, offering an inside look at high-end art.
For example, Red Cliff Handscroll, a painting by 16th century artist Qiu Ying was sold for 79.52 million yuan ($10.7 million dollars) in 2007, setting a world-record for a Chinese painting.

Other highlighted Chinese paitings and calligraphy pieces include the Song Dynasty painting Ruiying Tu which was sold at the 2009 spring auction for 58.2 million yuan, Shen Shichong’s Landscape sold in 2013 for 36.2 million yuan, Qi Baishi’s Pine (sold for 1.98 million in 1994) and Landscape (sold for 2.97 million in 1994), and The Chinese People Have Stood Up by Jiang Zhaohe (sold for 19.04 million yuan in 2009).

A Famille-rose vase with the Painting of Eight Immortals Crossing the Sea

A Famille-rose vase with the Painting of Eight Immortals Crossing the Sea was sold for 52.8 million yuan during the 2006 spring sales, the highest price of any porcelain artwork sold at auction in China. A guqin Dashegnyiyin, collected by the prestigious Chinese artist Wang Shixiang, went for 9 million yuan during the 2003 fall season, setting a new record for guqin sales. Yet it fecthed over 100 million yuan eight years later when it was again put under hammer by China Guardian.

Qing Dynasty Emperor Qianlong Zitan Grand Table with Recessed Legs and Decorated with Dahlia Patterns

In addition, surperb furniture and artworks will be on view, including Qing Dynasty Emperor Qianlong Zitan Grand Table with Recessed Legs and Decorated with Dahlia Patterns (RMB 31.36 million), and Qing Dynasty Emperor Qianlong Zitan Throne Chair Decorated with Lotus and Dahlia Patterns (RMB 57.5 million).

In the oil painting category, heavyweights will include Eulogy of the Yellow River by Chen Yifei, which fetched 40.32 million yuan in 2007, and his Wind of Mountain Village, which sold for 81.65 million yuan, setting another world record for Chinese oil painting sales.

Works by contemporary artists will also be on display, including Zhou Chunya’s Sheepshearing, which went for 30.48 million yuan in 2011, the highest price ever paid for his work.

Long Live Complete Victory of the Great Cultural Revolution stamps

The exhibition will also feature ancient books, watches and stamps. Included are Yan Jia Miao Bei by Yan Zhenqing, Patek Philippe Model Sky Moon Tourbillon, and jadeite and diamond pendant. Notably, four rare Long Live Complete Victory of the Great Cultural Revolution stamps will be on display to the public, together with ancient coins from the Xizhou, Tang and Ming Dynasties.