Sotheby's Contemporary Asian Art Auction In Hong Kong (April 4): Top Lots To Watch

New Chinese Collectors Expected To Come Out In Force, Buy Scarce Works By Blue-Chip Chinese Artists Coming on the same weekend as the much-anticipated Ullens Collection auction in Hong Kong, Sotheby's Contemporary Asian Art auction on April 4 will likely see new Chinese collectors crowding in and jamming the telephone lines -- word is that Sotheby's is adding a record number for this auction -- to secure pieces from blue-chip Chinese contemporary artists like Zhang Xiaogang, Zeng Fanzhi, Liu Ye and Wang Guangyi. With 153 lots up on the block estimated at over HK$121 million (US$16 million), expect to see pre-sale estimates far surpassed by collectors who were (or weren't) also able to take home some masterpieces from the April 3 Ullens auction. With prices for some of China's top artists continuing to march upward, approaching (or matching) established Western artists, this auction should prove a good follow-up to last October's autumn auctions. While bidding should be strong throughout the auction, here are Jing Daily's "Top Lots to Watch" on April 4 in Hong Kong: Zhang Xiaogang: "Bloodline - Big Family" (1995) Lot: 926 Oil on canvas Size: 179 x 229 cm; 70.5" x 90" Estimates: HK$35,000,000-40,000,000 (US$4,500,000-5,140,000) Zhang Xiaogang Yue Minjun: "Contemporary Terracotta Warriors No. 9" (Set of 25) (2006) Lot: 942 Bronze Size: 190.5 (H) x 61 x 61 cm; 75" (H) x 24" x 24" Estimates: HK$14,000,000-18,000,000 (US$1,794,800-2,307,600) Yue Minjun Liu Ye: "The Rietveld-Schröder House At Nightfall" (1998-2003) Lot: 921 Oil on canvas Size: 99.8 x 99.8 cm; 39.25" x 39.25" Estimates: HK$5,000,000-6,000,000 (US$645,000-775,000) Liu Ye Hai Bo: "I Am Chairman Mao's Red Guard" (Set of Two) (2000) Lot: 1016 Photograph Size: 61 x 43 cm; 24" x 16.75" Estimates: HK$20,000-30,000 (US$2,600-3,900) Hai Bo Zeng Fanzhi: "Mask Series" (1998) Lot: 1004 Colored pencil and pastel on paper Size: 14 x 12 cm; 5.5" x 4.75" Estimates: HK$140,000-200,000 (US$18,000-25,700) Zeng Fanzhi Qiu Xiaofei: "Studying No. 3" (2004) Lot: 916 Oil on canvas Size: 50 x 70 cm; 19 5/8" x 27.5" Estimates: HK$60,000-100,000 (US$7,800-12,900) Qiu Xiaofei Wang Guangyi: "Great Criticism Series: Pepsi" (2005) Lot: 966 Oil on canvas Size: 120 x 150 cm; 47.25" x 59" Estimates: HK$1,000,000-1,500,000 (US$129,000-193,000) Wang Guangyi Xu Bing: "New English Calligraphy Series - Poem by Robert Frost (Diptych)" (2003) Lot: 975 Ink on paper Size: 132.5 x 69 cm; 52 1/8" x 27 1/8" Estimates: HK$400,000-600,000 (US$51,500-77,500) Xu Bing Zhang Huan: "To Add One Meter to An Anonymous Mountain" (1995) Lot: 1015 Black and white photograph Size: 66.7 x 102.4 cm; 26.25" x 40.25" Estimates: HK$80,000-100,000 (US$10,300-12,900) Zhang Huan Sui Jianguo: "Discobulus" (2004) Lot: 960 Bronze Size: 28.5 (H) x 19 x 12 cm; 11.25" (H) x 7.5" x 4.75" Estimates: HK$40,000-60,000 (US$5,200-7,800) Sui Jianguo Yue Minjun: "Hats Series - Acrobatics" (2005) Lot: 1008 Oil on canvas Size: 170 x 140 cm; 67" x 55" Estimates: HK$3,000,000-3,500,000 (US$386,000-450,000) Yue Minjun Wang Qingsong: "Past, Present and Future" (2001) Lot: 1021 Size: (i) 68 x 82.5 cm; 25.75" x 32.25" (ii) (iii) 66 x 110 cm; 26" x 43.25" Estimates: HK$200,000-350,000 (US$25,700-45,000) Wang Qingsong

Sectors

Insights

Company

Sotheby's Contemporary Asian Art Auction In Hong Kong (April 4): Top Lots To Watch