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The Hong Kong spring auctions, which began April 7, took in HKD 347M in a three-day period.

“This is the fourth auction series we have hosted in Hong Kong. It has gained enthusiasm and support from collectors, with remarkable sales results,” said Hu Yanyan, president of China Guardian Hong Kong.

“In the past 20 years, our expertise has gained us strong support from our global clients, and we feel grateful to them. The local auctions have entrenched our belief in our long-term and sustainable development in Hong Kong, and our commitment to build a more diverse platform for international collectors, ” she said.

20th Century and Contemporary Chinese Art

Pan Yuliang’s “Three Nudes on the Beach” sold for HKD 16,675,000.

Chu The-Chun’s “Composition No.33” sold for HKD 14,950,000.

The auction brought in HKD 71,346,000, with 90 percent of its 30 items sold.

Li Yanfeng, the auction’s director, said collectors from Taiwan, Southeast Asia, Hong Kong and Europe bid enthusiastically on the opening day.

The popular items included Pan Yuliang’s “Three Nudes on the Beach” (HKD 16,675,000), Chu The-Chun’s “Composition No.33” (HKD 14,950,000). Liu Guosong’s “Time of The Chirping Insects” fetched HKD 598,000, five times its estimate.

Chinese Painting and Calligraphy from the Four Seas

Wu Guanzhong’s “City on the Riverside” sold for HKD 23 million.

Qi Baishi’s “Monk” sold for HKD 9.66 million.

Chinese painting and calligraphy sales realized HKD 189 million, with 86.6 percent sold by lots.

Top sellers were Wu Guanzhong’s “City on the Riverside” (HKD 23 million); Qi Baishi’s “Monk” (HKD 9.66 million), and Ding Yanyong’s “Birds and Flowers” (HKD 5.29 million).

Guo Tong, manager of the Chinese Painting and Calligraphy department said, “This time we are offering about 300 quality pieces by influential artists, including Wu Changsuo, Zhang Daqian and Qi Baishi. Hong Kong artists are also available. The results are impressive as expected, thanks to the sound market environment here and our commitment to steady growth.”

Dai Wei, who was responsible for consignment and authentication of the items, was also satisfied with the results. “The items we brought together are rare and much sought-after in the market.  We also held dedicated sales of works by Ding Yanyong and Chen Shiwen in celebration of their contribution to the modern art education in Hong Kong.

Chinese Ceramics and Works of Art

The sales contained a wide range of items, including porcelain ware, stone sculptures and Buddha statues.

A finely produced blue and white ovoid jar from the Ming Dynasty and a white-glazed wine-warming ewer from the Song Dynasty were both sold for HKD 5.75 million, followed by a jade ‘egrets’ plaque, which sold for HKD1.95 million.

A finely produced blue and white ovoid jar from the Ming Dynasty sold for

What is Next

China Guardian 2014 Spring Auctions
Chinese painting and calligraphy | Chinese porcelain, furniture and artworks | Chinese oil paintings and sculptures | Rare books and manuscripts | Important Watches and Jewelry
Preview: May 14-16, 2014
Auction: May 17-21, 2014
Address: Convention Center, Beijing International Hotel

China Guardian 2014 Spring Stamps and Coins Auctions
Stamps and Coins
Preview: May 21-23, 2014
Auction: May 24-25, 2014
Address: Beijing International Hotel