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Art Market Magazine - Visit zone-secure.net

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THE MAGAZINE AUCTION RESULTS INTERNATIONAL<br />

HK$645.3 M<br />

Fu Baoshi, Zeng Fanzhi…<br />

After the glowing success of this second session of sales, Poly Auction has bolstered its position in Hong Kong. The five<br />

auctions that took place on 6 and 7 April, bringing together jewellery, watches, objects d’art, paintings and calligraphy,<br />

totalled HK$645.3 M, with more than 80% of the lots sold. Although a beautiful Famille Rose vase with an imperial<br />

inscription created a surprise by selling at HK$19.55 M (three times its low estimate), more than half the total came<br />

from the warm welcome given to the graphic arts, which were in fact the highlight of this session. The top price<br />

(HK$17.25 M) was awarded to two works, ‘Returning home amid rain’ by Fu Baoshi and ‘Mao’s Song poem of snow<br />

No.2’ by Zeng Fanzhi who also sold a work from his ‘Mask’ series for HK$10.35 M. Worth noting as well were the fine<br />

results achieved by Xu Beihong: although ‘Bamboo’, a minor work, went no higher than HK$517,500, ‘Two magpies on<br />

pine tree’ and ‘Horse’ sold for HK$10.46 and HK$12.65 M respectively. Likewise, this time for Wu Guangzhong, ‘Tigers’<br />

and ‘Yunnan village’ found buyers at HK$12.65 and 14.95 M respectively. A ‘Tibetan Family’ by Chen Yi Fei sold for<br />

HK$8.28 M, and Qiu Ying’s ‘Spring River’ surged up to HK$13.8 M. Finally, we can mention two of the best-known<br />

modern Chinese artists in France, Chu Teh-Chun and Zao Wou-ki: two pictures by the former, ‘Composition no. 59’ and<br />

‘Evocation A’, fetched similar prices (HK$7.13 and HK$7.59 M), while ‘Clear Spring’ by the latter tripled its estimate,<br />

selling for HK$10.35 M.All in all, the modern and contemporary works doubled their initial estimates, selling for an<br />

average price of HK$2.75 M. A success which has clearly given wings to the organiser of these sales... Xavier Narbaïts<br />

120 GAZETTE DROUOT INTERNATIONAL I N° 25<br />

HK$ 17,250,000<br />

Zeng Fanzhi<br />

(b.1964 ), "Mao’s<br />

song poem of<br />

snow, no. 2",<br />

215 x 330 cm.

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