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On June 23, the second of China Guardian’s 2006 Seasons Auctions wrapped up with a total of 57.644 million RMB, including sale of one of the preview’s starlets, a 14 karat gold-cased pocket watch with a Qing official’s portrait, for 165,000 RMB.

The Clocks and Watches auction totaled 881,000 RMB, and the pocket watch with the Qing official’s portrait was the first such watch ever auctioned on the mainland. During the preview it turned more than a few collectors’ heads, and from a starting price of 100,000 RMB it rose steadily to a final bid of 165,000 RMB. This type of pocket watch is very rarely seen in the market, and combined with the extremely fine and high quality enamel painting made for a highly desirable collection piece of both artistic and market values.

The three Chinese Painting sales totaled 41.5 million RMB and reinforced the state of that market as healthy and developing at an even pace. This year classical painting has received more and more recognition, particularly by the increasing number of mainland bidders. Also, collectors’ sights are not just limited to a few big names, but have noticed painters of lesser fame, who for their quality and beauty of painting technique have aroused ardent bidding at auction. For example, Ren Xun’s Birds and Flowers, and Wang Xuehao’s Landscape, which took 121,000 RMB and 79,200 RMB respectively. Modern painting, which totaled 18.95 million RMB, has become the cannot-miss field of the Chinese painting market, and by the good graces of committed collectors has continued to show considerable strength. In contemporary Chinese painting, it is still the most vibrant painters that are the focus of the market, such as Jia Youfu, Wang Mingming, Shiqi, Liu Wenxi, etc.

The Porcelain and Works of Art sale gathered a total of 15.2 million RMB, including a Qing dynasty blue and white small-mouthed jar with floral sprays and fruits that sold for 1.15 million RMB, the highest price paid for porcelain at a China Guardian Four Seasons Auction. Although originally estimated at between 50,000 and 80,000 RMB, its rarity as a Yongzheng period ware in imitation of Yongle wares, along with a rare shape, brought the price up to twenty times the estimated value.

A Jin dynasty Jun-ware rose-purple plate and a Song dynasty Ding-ware peony petal bowl, both objects coming from two of the most famous old kilns in China, fetched 110,000 and 90,200 RMB respectively. The number of early era porcelains seen on the market is relatively small, and bidders have faith that such pieces posses great potential for appreciation in value, and are a good opportunity if not just for their historical significance. Lacquer has also been showing favorable momentum in the last year or so, and in the north there is already a committed group of buyers.

Such interest was confirmed at this auction, where a Qing dynasty Qianlong imperial-use carved red lacquer box with cover, with a design of cranes and dragons among clouds and shou characters, sold for 374,000 RMB.