Ravenel Pulls in US$20,775,622, Selling 84.58% Of Lots, With Value Of Lots Reaching 163.63% Over Estimate
Sold at auction for US$4,925,373, well over its US$1,896,000 high estimate: Zao Wou-Ki's "17.4.64" (1964)
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.
| 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 |
Sold for US$156,716 in Taipei: Wang Guangyi's "Great Criticism Series - Channel V" (2002)
