For Asian Art enthusiasts, 2016 has been an exciting year for Bidsquare. As we are partnering with more auction houses across North America and Europe, we are seeing an increase in the number of Asian artworks from China, Japan, the Himalayan region and South Asia. Our sales in Asian Art categories have increased by an amazing 65%, and we hope to build on this momentum going into 2017.
September saw three major regional auction houses with Asian Art items up for sale. Brunk Auctions in Asheville held their Asian Art sale on September 15 where they sold lot 677, A Chinese Finely Carved Stone Mask of a Quanyin, possibly from Yongdeng Province for a realized price of $70,000. This stone head of the bodhisattva of compassion came from the George V. Collection from Raleigh North Carolina. The head’s elongated face and sublime smile are typical characteristics of Northern Wei (386-534) Buddhist figures. Located in North West China, Yongdeng is situated along the ancient Silk Road, an essential passage between India and China for traders and Buddhist pilgrims.
Finely Carved Stone Mask of a Quanyin possibly Yongdeng Province sold at Brunk Auctions September 16, 2016 for $70,000
On September 16, Skinner Auctioneers in Boston MA also saw strong prices in their Chinese art categories. Lot 177, a Chinese Blue and White Bottle Vase with a Qianlong Mark sold for $168,000. Decorated in the attractive Ming-style with large lotus flowers joined by scrolling vines, the vase’s final price was many times more its conservative estimate of $5,000- 7,000. In addition, lot 166, a Chinese Blue and White Seal Paste Box with Yongzheng mark realized a sale price of $116,850 against an estimate of $700-900.
Blue and White Bottle Vase sold at Skinner September 16, 2016 for $168,000
Blue and White Seal Paste Box sold at Skinner September 16, 2016 for $116,850
Leslie Hindman Auctioneers in Chicago held their Asian Works of Art sale on September 26. Their catalog cover item, lot 348, A Khmer Sandstone Figure of Lakshmie, sold within the estimate of $20,000-30,000 for $25,000. Hopefully, the strong sale of this sculpture will bring back confidence for the undervalued South East Asian market.
A Khmer Sandstone Figure of Lakshmie sold at Leslie Hindman Auctioneers September 26 for $25,200