Sotheby's HK expects autumn sale to reach US$270 mln

0 Comment(s)Print E-mail Xinhua, September 29, 2017
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Sotheby's Hong Kong will present more than 3,000 items during its 2017 autumn sale in Hong Kong, with overall estimated price to reach 2.1 billion HK dollars (about 270 million U.S. dollars), it said Thursday.

"Wheels: Industrial New York" from Chinese-American artist Yun Gee 

Highlights include an oil painting named "Wheels: Industrial New York" from Chinese-American artist Yun Gee with an estimated price of up to 120 million HK dollars, according to Sotheby's.

Sanyu's painting "Leopard" is also rare to the market as it is the only leopard painting measuring over 100 cm currently held in private hands, the auction house said.

Modern art is the mainstay of Asia's auction market, Felix Kwok, senior specialist, Modern Asian Art of Sotheby's, told Xinhua during the media tour held Thursday.

Works from famous artists will help stabilize the market, he said, adding more and more Western collectors are showing great interest in Asian paintings.

For the Chinese Works of Art sector, a Ru guanyao brush washer from the Northern Song Dynasty will be the eye-catching item.

It is estimated to fetch in excess of 100 million HK dollars, according to Sothesby's.

Sotheby's Hong Kong's autumn sale for 2017 will be held from Sept. 29 to Oct. 3, covering modern and contemporary art, Chinese paintings, Chinese works of art, jewels, watches and other sectors.

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