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55th China Guardian Quarterly Auctions raise 145.5 million yuan

2019-10-23

Concluded on Oct 17, the 55th China Guardian Quarterly Auctions achieved a total of 145.5 million yuan across 13 sessions, including categories like Chinese Paintings and Calligraphy, Porcelain, Jade, Works of Art and Rare Books. Many sessions reached a high turnover rate of more than 90 percent. As a guide to the medium-sized auction market in China, the strong sale rates and prices realized this season reinforce the stability of the market.

Chinese Paintings and Calligraphy

This part set six sessions and offered nearly 2,500 lots this season, providing a wide selection space for collectors.

The “Masterpieces by Modern Chinese Paintings and Calligraphy Artists” session, a special brand of Chinese Painting and Calligraphy part and always attracting the attention of collectors, offered 80 lots and achieved a high turnover rate of 93 percent this time. “Contemporary Ink Chinese Paintings and Calligraphy” was also recognized by the collectors. As for the Classical Chinese Paintings and Calligraphy part, many lots were traded as usual. Many lots of “Classical Chinese Paintings and Calligraphy Ⅰ” were sold several times or even dozens of times more than their estimates, achieving a turnover rate of 89.6 percent.

Works by famous artists were still the most popular among collectors. This section was led by Zhang Daqian’s Character, Landscape and Calligraphy, which realized 2.53 million yuan. Following were Pu Zuo’s Horses and Landscape, achieving 1.495 million yuan; Huang Binhong’s Landscape, 1.438 million yuan; Zhang Daqian’s Landscape and Calligraphy, 1.265 million yuan; Li Keran’s Cattle, 1.058 million yuan. The “Contemporary Chinese Paintings and Calligraphy” section was lead by Guo Yicong’s Lotus, fetching 1.21 million yuan. As for the “Classical Chinese Paintings and Calligraphy” section, Guan Daosheng’s Bamboo realized 1.96 million yuan, and Wang Hui’s Landscape sold for 897,000 yuan.

“The 55thChina Guardian Quarterly Auctions have come to a successful conclusion with your extensive attention and support. We will continue to work hard to offer more wonderful works for you in the next year,” remarked Xiao Yang, General Manager of Quarterly Auctions-Chinese Paintings and Calligraphy Department.

Lot 365

Zhang Daqian

Character, Landscape and Calligraphy

136×64 cm、130×33 cm(2)

Price Realized: RMB 2,530,000

Lot 2404

Guan Daosheng

Bamboo

34×215 cm

Price Realized: RMB 1,955,000

Lot 363

Pu Zuo

Horses and Landscape

82×173 cm

Price Realized: RMB 1,495,000

Lot 323

Huang Binhong

Landscape

101×52 cm

Price Realized: RMB 1,437,500

Lot 367

Zhang Daqian

Landscape and Calligraphy

131×70 cm, 135×33 cm(2)

Price Realized: RMB 1,265,000

Lot 794

Guo Yicong

Lotus

144×192 cm

Price Realized: RMB 1,207,500

Lot 101

Li Keran

Cattle

69×136 cm

Price Realized: RMB 1,058,000

Lot 2208

Wang Hui

Landscape

160×70 cm

Price Realized: RMB 897,000

Porcelain, Jade and Works of Art

Five sessions were set in this part, including “Porcelain Collections of Guardian’s Companions”, “An Era of Inspirations”, “Charm of the Important Porcelains”, “Treasure＆Pleasure in the Palm”, and “Porcelain, Jade and Works of Art”. It offered 2,200 lots and achieved a total of 46.28 million yuan with a turnover rate of 87.82 percent.

“Porcelain Collections of Guardian’s Companions” created a high turnover rate of 96 percent, and many lots in the session soared above their high estimates. Three evening auctions, “An Era of Inspirations”, “Charm of the Important Porcelains” and “Treasure＆Pleasure in the Palm”, also achieved good results. Among them, the total turnover of the sector of "Zhaomutang Festival bowls of Daoguang Period in the Qing Dynasty" reached 1.087 million yuan.

Many highlights emerged during the auctions. A blue and white pilgerflasche with landscape, characters and poems from the Chongzhen Period in the Ming Dynasty fetched 575,000 yuan; a white glaze aromatherapy box in the shape of a rooster from the Qianlong Period in the Qing Dynasty, 506,000 yuan; a doucai plate with flower patterns, 483,000 yuan; and a bronze vessel with gold and silver and Taotie patterns, 460,000 yuan.

“This year’s turnover of the Porcelain, Jade and Works of Art part is basically the same as that of the same period last year. We noticed that new changes have taken place in the market. We will adjust the category and structure of the auction as soon as possible to meet market demand,” Liu Yang, General Manager of Quarterly Auctions-Porcelain and Works of Art Department, said.

Zhaomutang Festival bowls

Daoguang Period in the Qing Dynasty

Lot 4715-Lot 4719

Price Realized: RMB 1,086,750

Lot 4584

A blue and white pilgerflasche with landscape, characters and poems

Chongzhen Period in the Ming Dynasty

H 38.1 cm

Price Realized: RMB 575,000

Lot 4817

A white glaze aromatherapy box in the shape of a rooster

Qianlong Period in the Qing Dynasty

H 20.5 cm

Price Realized: RMB 506,000

Lot 4309

A doucai plate with flower patterns

Yongzheng Period of Qing Dynasty

D 15.5 cm

Price Realized: RMB 483,000

Lot 4881

Ming Dynasty

A bronze vessel with gold and silver and Taotie patterns

H 16.6 cm

Price Realized: RMB 460,000

Lot 4882

Qing Dynasty

A set of carved lacquerwares

Carriage L 31.5 cm, bottle H 21 cm, furnace H 16 cm,box L 7.3 cm

Price Realized: RMB 437,000

Lot 6110

Qing Dynasty

Ink sticks with landscape patterns

Various sizes

Price Realized: RMB 184,000

Rare Books, Rubbings and Manuscripts

In this season, the Department of Rare Books, Rubbings and Manuscripts prepared two sessions, "Collections from Japan" and "Rare Books, Letters and Manuscripts", with a total of 760 lots in various categories for the collectors.

"Collections from Japan" offered 135 lots, including ancient books, inscriptions, calligraphy and painting, maps, brocades, oil paintings and screens from Japan, all of which had no starting price. It achieved a turnover rate of 91.1 percent.

"Rare Books, Letters and Manuscripts" also gained a good result. The Bainaben edition of the Twenty-four Histories, which drew a lot of attention, realized 379,500 yuan; Tang Xuan Mi Ta Bei, 356,500 yuan; and 16 collections of Qiujiangji, 138,000 yuan.

“The average turnover rate of nearly 80% indicates the recognition and trust of collectors for the Department of Rare Books, Rubbings and Manuscripts,” Qiao Hao, Senior Manager of Rare Books, Rubbing & Manuscripts Department, said.