Ravenel's Autumn Auction In Taipei A Selling Success

Ravenel Pulls in US$20,775,622, Selling 84.58% Of Lots, With Value Of Lots Reaching 163.63% Over Estimate This weekend, Taiwanese auction house Ravenel held its Autumn Auction of Modern and Contemporary Asian art (which we covered last month) in Taipei, and according to results just published, the rising power of New Chinese Collectors and other highly motivated Asian buyers was well on display. With the auction bringing in an impressive $20.78 million US dollars, and paintings from Chinese artists like Zao Wou-Ki going well above estimates, the results of this Ravenel auction are consistent with those of recent Sotheby's and Christie's auctions. From Ravenel's website: Lot TWD USD HKD Lot TWD USD HKD 001 84,000 2,612 20,241 041 35,200,000 1,094,527 8,481,928 002 216,000 6,716 52,048 042 1,440,000 44,776 346,988 003 420,000 13,060 101,205 043 1,920,000 59,701 462,651 004 60,000 1,866 14,458 044 2,760,000 85,821 665,060 005 480,000 14,925 115,663 045 1,560,000 48,507 375,904 006 144,000 4,478 34,699 046 3,600,000 111,940 867,470 007 192,000 5,970 46,265 047 3,480,000 108,209 838,554 008 240,000 7,463 57,831 048 2,040,000 63,433 491,566 009 216,000 6,716 52,048 049 2,520,000 78,358 607,229 010 96,000 2,985 23,133 050 3,480,000 108,209 838,554 011 336,000 10,448 80,964 051 2,640,000 82,090 636,145 012 216,000 6,716 52,048 053 3,120,000 97,015 751,807 013 264,000 8,209 63,614 054 9,360,000 291,045 2,255,422 014 216,000 6,716 52,048 055 63,200,000 1,965,174 15,228,916 017 420,000 13,060 101,205 056 3,480,000 108,209 838,554 018 840,000 26,119 202,410 057 1,920,000 59,701 462,651 019 288,000 8,955 69,398 058 120,000 3,731 28,916 020 660,000 20,522 159,036 059 108,000 3,358 26,024 022 540,000 16,791 130,120 060 360,000 11,194 86,747 023 540,000 16,791 130,120 061 168,000 5,224 40,482 024 960,000 29,851 231,325 062 840,000 26,119 202,410 025 900,000 27,985 216,867 063 312,000 9,701 75,181 026 1,560,000 48,507 375,904 064 312,000 9,701 75,181 027 2,160,000 67,164 520,482 066 420,000 13,060 101,205 028 3,600,000 111,940 867,470 067 1,200,000 37,313 289,157 029 3,840,000 119,403 925,301 068 420,000 13,060 101,205 030 1,800,000 55,970 433,735 069 900,000 27,985 216,867 031 900,000 27,985 216,867 071 1,020,000 31,716 245,783 032 1,440,000 44,776 346,988 072 1,200,000 37,313 289,157 033 1,440,000 44,776 346,988 073 1,920,000 59,701 462,651 034 1,680,000 52,239 404,819 075 1,800,000 55,970 433,735 035 2,400,000 74,627 578,313 077 4,800,000 149,254 1,156,627 036 6,000,000 186,567 1,445,783 078 2,880,000 89,552 693,976 037 6,240,000 194,030 1,503,614 079 5,520,000 171,642 1,330,120 038 7,200,000 223,881 1,734,940 080 120,000 3,731 28,916 039 15,600,000 485,075 3,759,036 081 120,000 3,731 28,916 040 16,800,000 522,388 4,048,193 082 168,000 5,224 40,482 083 240,000 7,463 57,831 127 540,000 16,791 130,120 084 240,000 7,463 57,831 128 288,000 8,955 69,398 085 192,000 5,970 46,265 129 540,000 16,791 130,120 086 192,000 5,970 46,265 130 336,000 10,448 80,964 088 336,000 10,448 80,964 131 480,000 14,925 115,663 089 720,000 22,388 173,494 132 600,000 18,657 144,578 090 720,000 22,388 173,494 133 240,000 7,463 57,831 091 780,000 24,254 187,952 135 600,000 18,657 144,578 092 840,000 26,119 202,410 136 540,000 16,791 130,120 093 960,000 29,851 231,325 137 480,000 14,925 115,663 094 1,200,000 37,313 289,157 138 420,000 13,060 101,205 095 2,280,000 70,896 549,398 139 840,000 26,119 202,410 096 1,800,000 55,970 433,735 141 480,000 14,925 115,663 097 5,520,000 171,642 1,330,120 143 1,440,000 44,776 346,988 099 15,600,000 485,075 3,759,036 144 780,000 24,254 187,952 100 6,960,000 216,418 1,677,108 145 900,000 27,985 216,867 101 11,400,000 354,478 2,746,988 146 900,000 27,985 216,867 102 59,840,000 1,860,697 14,419,277 147 960,000 29,851 231,325 103 158,400,000 4,925,373 38,168,675 148 1,320,000 41,045 318,072 104 44,160,000 1,373,134 10,640,964 149 1,320,000 41,045 318,072 105 9,840,000 305,970 2,371,084 150 720,000 22,388 173,494 106 2,160,000 67,164 520,482 151 1,680,000 52,239 404,819 107 1,260,000 39,179 303,614 152 3,240,000 100,746 780,723 108 420,000 13,060 101,205 153 4,800,000 149,254 1,156,627 109 192,000 5,970 46,265 154 2,520,000 78,358 607,229 110 360,000 11,194 86,747 155 4,320,000 134,328 1,040,964 111 720,000 22,388 173,494 156 3,840,000 119,403 925,301 112 420,000 13,060 101,205 157 5,040,000 156,716 1,214,458 113 360,000 11,194 86,747 158 14,400,000 447,761 3,469,880 114 600,000 18,657 144,578 160 2,400,000 74,627 578,313 115 1,200,000 37,313 289,157 161 3,600,000 111,940 867,470 116 120,000 3,731 28,916 162 96,000 2,985 23,133 119 144,000 4,478 34,699 164 120,000 3,731 28,916 121 288,000 8,955 69,398 165 120,000 3,731 28,916 122 192,000 5,970 46,265 166 96,000 2,985 23,133 125 216,000 6,716 52,048 167 240,000 7,463 57,831 126 780,000 24,254 187,952 168 540,000 16,791 130,120 169 720,000 22,388 173,494 201 4,320,000 134,328 1,040,964 170 480,000 14,925 115,663 202 312,000 9,701 75,181 171 480,000 14,925 115,663 203 900,000 27,985 216,867 172 192,000 5,970 46,265 205 336,000 10,448 80,964 173 216,000 6,716 52,048 207 96,000 2,985 23,133 174 420,000 13,060 101,205 208 96,000 2,985 23,133 175 600,000 18,657 144,578 209 120,000 3,731 28,916 177 780,000 24,254 187,952 210 120,000 3,731 28,916 178 900,000 27,985 216,867 211 480,000 14,925 115,663 180 480,000 14,925 115,663 212 540,000 16,791 130,120 182 144,000 4,478 34,699 213 480,000 14,925 115,663 183 360,000 11,194 86,747 214 660,000 20,522 159,036 184 60,000 1,866 14,458 215 600,000 18,657 144,578 186 72,000 2,239 17,349 216 780,000 24,254 187,952 188 108,000 3,358 26,024 218 1,440,000 44,776 346,988 190 336,000 10,448 80,964 219 1,560,000 48,507 375,904 193 660,000 20,522 159,036 220 216,000 6,716 52,048 195 360,000 11,194 86,747 221 600,000 18,657 144,578 196 420,000 13,060 101,205 222 960,000 29,851 231,325 197 540,000 16,791 130,120 224 216,000 6,716 52,048 199 1,080,000 33,582 260,241 225 1,680,000 52,239 404,819 200 540,000 16,791 130,120 227 840,000 26,119 202,410 Share

Ravenel's Autumn Auction In Taipei A Selling Success

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Published December 07, 2009

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Ravenel's Autumn Auction In Taipei A Selling Success