Thursday, May 31, 2007

The Imperial Sale and Fine Chinese Ceramics & Works of Arts

The Imperial Sale and Fine Chinese Ceramics & Works of Arts

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An important imperial gilt-incised lacquer throne, baozuo, Kangxi period (1662-1722), World auction record for an imperial throne. © Christie's Images Ltd. 2007.

HONG KONG.- Christie's Hong Kong held today The Imperial Sale and Fine Chinese Ceramics & Works of Arts auction. There was strong participation from international clients, both in the room, on the phone and by Christie’s LIVE. The top lot, a pair of magnificent famille rose 'peach' bowls, Yongzheng marks and of the period, sold for HK$50,720,000/ US$6,593,600 to Eskenazi Ltd that sets the new world auction record for a pair of Yongzheng famille rose peach bowls.

Also of note is an important imperial gilt-incised lacquer throne from the Kangxi period that sold for HK$13,760,000/ US$1,788,800 to casino magnate Dr. Stanley Ho. This established the world auction record for an Imperial throne.

“We are delighted by today’s results in which numerous world auction records were broken. Of particular note is a pair of famille rose ‘peach’ bowls originally from the Bernat Collection which sold for over HK$50 million, five times more than when it was acquired at auction ten years ago. This is an indication of the tremendous growth in this field for important Imperial objects. Dr. Stanley Ho purchased an important Imperial gilt-incised lacquer throne from the Kangxi period for over HK$13 million, forty times more than when it was last offered as part of the Sackler Collection at Christie’s New York in 1994. A European family entrusted Christie’s with a previously unknown pair of unique porcelain parfumiers which sold for over HK$33 million, ten times its low estimate. There was strong participation from international clients, both in the room, on the phone and by Christie’s LIVE. Once again, Christie's has delivered the optimal result for our consignors and collectors, presenting a highly-curated sale of the most desirable Imperial works of art. Today’s result is a testament to our efforts.” said Pola Antebi, Senior Vice President, Specialist Head of the Chinese Ceramics & Works of Art Department, Christie’s.

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