Market Upswing: Sotheby's reports third highest sales in Hong Kong
- October 08, 2009 11:19
HONG KONG - Sotheby's made a higher-than-expected $168 million or so in total sales for its autumn Asian auctions in Hong Kong. The sales tally for the array of Chinese antiques and paintings, Asian contemporary art, wine, jewelry and watches was 88 percent higher than its spring sales tally, partly due to a 50% increase in lots offered. A rare, Qing dynasty "zitan" emperor's dragon throne sold to a Chinese buyer for $11.07 million and a Qianlong moonflask fetched $5.1 million. While antiques and top tier artwork went high, Asian contemporary sales saw 23 percent of works go unsold.
100x100_c.jpg "TEFAF Maastricht")
![Peter Paul Rubens (Flemish, 1577–1640), After Titian (Tiziano Vecelli) (Italian [Venetian], c. 1488–1576), Rape of Europa, 1628–29. Oil on canvas, 71 7/8 x 79 3/8 in.](/images/c/e2/2e/Jan20_Rape_of_Europa100x100_c.jpg "Peter Paul Rubens (Flemish, 1577–1640), After Titian (Tiziano Vecelli) (Italian [Venetian], c. 1488–1576), Rape of Europa, 1628–29. Oil on canvas, 71 7/8 x 79 3/8 in.")
