EXCEPTIONAL PRICES AT BONHAMS HONG KONG CHINESE ART SALES SHOW MARKET STILL BUOYANT FOR HIGH QUALITY WORKS

Bonhams three Chinese Ceramics and Works of Art sales in Hong Kong last week made an impressive £6,400,000. The sales had been carefully curated to present collectors with select groups of high quality works sourced from important collections.

The top lot – from the Fine Chinese Ceramics and Works of Art Sale – was an extremely rare Imperial celadon-glazed olive-shaped vase, Yongzheng seal mark and of the period (1723-1735) which sold for an exceptional £1,500,000 against an estimate of £260,000-430,000. The vase is an outstanding example of the innovation and remarkable technical perfection achieved by craftsmen working at the Imperial kilns in Jingdezen during the Yongzheng period.

In the same sale, an exceptional finely-inlaid 'hundred-deer' zitan box and cover, Kangxi, estimated at £300,000-400,000 sold for a remarkable £730,000; a very rare Imperial guan-type 'fish basket' vessel, Qianlong seal mark and of the period (1736-1795), made £525,000; and a rare Imperial puce-enamelled blue and white 'dragon' moonflask, bianhu, Qianlong seal mark and of the period (1736-1795), tripled its estimate of £130,000-170,000 finally selling for £490,000.

Bonhams International Head of Chinese Ceramics and Works of Art, Asaph Hyman said, "We were delighted with the exceptional prices achieved in our recent Hong Kong series of sales for many of the Chinese Imperial objects on offer, proving that objects of great rarity, quality and fresh to the market, continue to defy the challenging economic times. The curated sale allowed important buyers to focus on the remarkable ceramics and works of art, resulting in very strong prices for the finest objects, most notably the exceptionally rare imperial celadon-glazed olive-shaped vase, Yongzheng seal mark and period (1723-1735) and the very rare finely-inlaid 'hundred-deer' zitan box and cover, Kangxi."

In the Exceptional Chinese Art from a European Private Collection Sale, a rare Imperial flambé-glazed 'Eight Trigrams' moonflask, bianhu, Yongzheng seal mark and of the period (1723-1735) sold for £375,000 It had been estimated at £300,000-430,000. A small, rare copper-red-glazed waterpot, taibo zun, Yongzheng six-character mark and of the period (1723-1735) made £145,000 against its estimate of £25,000-35,000 and a reserved-decorated blue-ground 'floral' dish Yongzheng six-character and of the period sold for £130,000.

The Imperial Splendour Sale also saw high prices for, in particular, a rare pair of Imperial champlevé openwork garden seats, Qianlong (1736-1795), which were bought for £170,000 against an estimate of £140,000-170,000 and a rare and large archaistic gilt-bronze and cloisonné enamel vase, zun, Qianlong (1736-1795), which exceeded its presale estimate of £80,000-105,000 to make £140,000.


NOTES FOR EDITORS

Bonhams, founded in 1793, is one of the world's largest auctioneers of fine art and antiques. The present company was formed by the merger in November 2001 of Bonhams & Brooks and Phillips Son & Neale. In August 2002, the company acquired Butterfields, the principal firm of auctioneers on the West Coast of America. Today, Bonhams offers more sales than any of its rivals, through two major salerooms in London: New Bond Street and Knightsbridge; and a further three in the UK regions and Scotland. Sales are also held in San Francisco, Los Angeles, Carmel, New York and Connecticut in the USA; and Germany, France, Monaco, Hong Kong and Australia. Bonhams has a worldwide network of offices and regional representatives in 25 countries offering sales advice and valuation services in 60 specialist areas. For a full listing of upcoming sales, plus details of Bonhams specialist departments go to https://www.bonhams.com

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