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    Top Artists To Buy, Priced Within Reach, At Sotheby's HK Contemporary Asian Art Auction (Oct 4)

    After a strong showing at this spring's auction season in Hong Kong, we're looking to see if new Chinese collectors will continue to dominate at the upcoming autumn auctions in Hong Kong and if their high confidence in the Chinese art market will translate to more broken records.
    Jing DailyAuthor
      Published   in Finance

    Artwork Handpicked For The New Collector#

    After a strong showing at this spring's auction season in Hong Kong, where the total volume of Chinese Contemporary Art sales ($15.6 million) was more than double that of both Spring 2009 ($7.6 million) and Autumn 2009 ($7.1 million), we're looking to see if new Chinese collectors will continue to dominate at the upcoming autumn auctions in Hong Kong, and if their high confidence in the Chinese art market will translate to more broken records.

    Although top Chinese contemporary artists like Liu Ye and Yue Minjun are selling in the $1 million+ level again, nearly at pre-financial-crisis levels, that doesn't mean there won't be some good buys to be had at

    Sotheby's Contemporary Asian Art auction, taking place in Hong Kong on October 4#

    . Here are Jing Daily's "top artists within reach," top-quality works with estimates ranging from $4,000 to $52,000. Although an affordable estimate doesn't necessarily translate to an affordable sale price when we're dealing with Chinese collectors -- as we've seen regularly -- there may be some surprises.

    Liu Ye: "RGB-Blue" (2001)#

    Lot: 678
    Watercolor, signed in pinyin and Chinese by the artist
    Size: 55 x 74.5 cm (21" x 29")
    Estimate: HK$250,000–350,000 (US$32,200–45,100)

    Liu Wei: "Untitled" (1997)#

    Lot: 686
    Oil and Mixed Media on Paper, signed in pinyin and Chinese
    Size: 16.5 x 14.3 cm (6.49" x 5.6")
    Estimate: HK$55,000–80,000 (US$7,100–10,300)

    Yue Minjun: "Smile Series (7 Works)"#

    Lot: 825
    Print signed in pinyin and numbered 38/45
    Size: 110 x 89.5 cm (43" x 35")
    Estimate: HK$320,000–400,000 (US$41,200–51,500)

    Huang Yong Ping: "The Pole of the East" (2004)#

    Lot: 687
    Watercolor, signed in Chinese
    Size: 76 x 56 cm (30" x 22")
    Estimate: HK$60,000–80,000 (US$7,800–10,300)

    Li Shan: "Rouge Series" (2005)#

    Lot: 693
    Oil and paper collage on canvas, signed in Chinese and pinyin
    Size: 56 x 46 cm (22" x 18")
    Estimate: HK$120,000–160,000 (US$15,500–20,600)

    Wang Guangyi: "Creat Criticism Series: Casio" (2003)#

    Lot: 694
    Oil on canvas
    Size: 50.5 x 40.5 cm (19.75" x 15.8")
    Estimate: HK$120,000–180,000 (US$15,500–23,200)

    Wang Qingsong: "Requesting Buddha Series No. 1" (1999)#

    Lot: 700
    Chromogenic print, signed in pinyin and Chinese
    Size: 179 x 110 cm (70.5" x 43.25")
    Estimate: HK$30,000–40,000 (US$3,900–5,200)

    Sui Jianguo: "Legacy Mantle" (2006)#

    Lot: 711
    Fiberglas with automotive paint, signed in pinyin and numbered 10/10
    Size: 51 x 30 cm (24" x 20" x 11.75")
    Estimate: HK$160,000–240,000 (US$20,600–30,900)

    Zhang Dali: "19981210B" (1998)#

    Lot: 723
    Chromogenic print, signed in pinyin and Chinese, numbered 1/10
    Size: 90 x 60 cm (38.3" x 23.6")
    Estimate: HK$30,000–50,000 (US$3,900–6,500)

    Qiu Xiaofei: "Weight the Body" (2004)#

    Lot: 728
    Oil on board
    Diameter: 60 cm (23.6")
    Estimate: HK$120,000–160,000 (US$15,500–20,600)

    Zeng Fanzhi: "Portrait" (2004)#

    Lot: 780
    Marker on paper, signed in Chinese and dated
    Size: 21.5 x 19.5 cm (8.46" x 7.67")
    Estimate: HK$65,000–100,000 (US$8,400–12,900)

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