poly auction hong kong proudly presents spring auction ...€¦ · the meiyintang collection of the...

Press Release (For Immediate Distribution) 5th April 2017

Poly Auction Hong Kong proudly presents Spring Auction 2017 to celebrate

its 5th anniversary, with a total receipts of HK$ 1.245 billion

3 masterpieces fetched over HK$100 million Cui Ruzhuo's Rain in the Autumn sold for HK$142 million

Zeng Fanzhi's Mask Series 1996 No.6 sold for HK$105 million

A Jadeite Bangle and an “Imperial Jade” Jadeite Beads and Diamond Necklace sold for

a high price of HK$107 million

21 masterpieces fetched over HK$10 million Zhang Zongcang's Parasol Hall in Autumn sold for HK$49.56 million,

setting a new auction record for Zhang Zongcang

The Meiyintang Collection of the Chinese Ceramics and Works of Art witnessed a white glove sale

(Hong Kong, 5th April 2017) The Spring Auction 2017 of Poly Auction (Hong Kong) Limited (Poly Auction

Hong Kong) came to a successful close with a total transaction of HK$1.245 billion.

2

Chinese and Asian Modern and Contemporary Art

Celebrating the 5th anniversary of Poly Auction Hong Kong, the Chinese and Asian Modern and Contemporary

Art brought exciting results with a total transaction of HK$400 million, in which nine lots sold over HK$10

million. The Mask Series 1996 No.6 by Zeng Fanzhi took the lead with a sale price of HK$105

million, while Pink Chrysanthemums in a White Vase by Sanyu reached a high price of HK$55.46 million. Pines, A

Valley of Colours and Red Lotus Flowers by Wu Guanzhong were sold with results far exceeding the low pre-sale

estimates. After several rounds of bidding, Pines and A Valley of Colours were sold three times over the low pre-

sale estimates.

Jamie Yu, Head of the Department of Chinese and Asian Modern and Contemporary Art, remarked, “The

importance of Chinese modern and contemporary art is highlighted by the high auction price of the The Mask

Series 1996 No.6 by Zeng Fanzhi. Besides that, artifacts by Sanyu, Zao Wou-ki and Wu Guanzhong also

achieved high prices, reflecting the steady growth of the market for Asian artifacts. Contemporary art from

Japan attracts enthusiastic bids from Asian, European and American collectors, who are showing appreciation

of a more diverse range of artistic categories.”

Image Title of Auction Item Sold Price

Lot 173

Zeng Fanzhi

Mask Series 1996 No.6

HK$ 105,020,000

Lot 133

Sanyu

Pink Chrysanthemums in a White Vase

HK$ 55,460,000

Lot 130

Zao Wou-Ki

24.10.68

HK$ 36,580,000

Lot 135

Wu Guanzhong

Pines

HK$ 30,680,000

Lot 136

Wu Guanzhong

A Valley of Colours

HK$ 28,320,000

Lot 132

Zao Wou-Ki

11.6.65

HK$ 27,140,000

Lot 134

Wu Guanzhong

Red Lotus Flowers

HK$ 24,780,000

Lot 178

Liu Ye

Poet

HK$ 14,160,000

4

Lot 174

Zeng Fanzhi

The Deer

HK$ 11,800,000

Remarks: Estimates do not include buyer’s premium. The total proceeds of the auction comprise of the hammer price and the

buyer’s commission but excluding any other charges, financing costs and credit of buyers and sellers.

Fine Chinese Paintings and Calligraphy

The total transaction of the Fine Chinese Paintings and Calligraphy fetched over HK$330 million. The

bidding for Parasol Hall in Autumn by Zhang Zongcang began at HK$15 million and was sold for the high

price of HK$49.56 million after several rounds of intense bidding, setting a new world auction

record for Zhang Zongcang’s painting. The bidding for Landscape by Tang Yin began at HK$1.5 million

and was sold for HK$14.396 million, eight times over the low pre-sale estimate. Pines Woods by Wu

Guanzhong was sold at HK$10.266 million while Standing Horse by Xu Beihong was sold at HK$5.19 million.

Mr. Luo Gedi, Head of Chinese Paintings and Calligraphy, remarked, “To celebrate the 5th anniversary of Poly

Auction Hong Kong, the Department of Chinese Painting presents remarkable artefacts highly cherished by

collectors and enthusiasts, including a selection of classical, modern and contemporary artefacts. For the

classical paintings and calligraphy, we are proud to present the Parasol Hall in Autumn by Zhang Zongcang,

historic maestro of Qing Dynasty, which brought HK$49.56 million. Landscape by Tang Yin is a dark horse

attracting both local and overseas collectors. It indicates that there are always fine, genuine and rare items in

the marketed cherished by the top collectors.”


Lot 664

Zhang Zongcang

Parasol Hall in Autumn

HK$ 49,560,000

Lot 662

Tang Yin

Landscape

HK$ 14,396,000

Lot 438

Wu Guanzhong

Pine Woods

HK$ 10,266,000

Lot 520

Xu Beihong

Standing Horse

HK$ 5,192,000



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Glossiness of Uncarved Jade – Special Auction of Cui Ruzhuo [VIII]

26 masterpieces were offered in the Glossiness of Uncarved Jade – Special Auction of Cui Ruzhuo [VIII], with

a total transaction of over HK$184 million. The bidding of Rain in the Autumn by Cui Ruzhuo began at

HK$60 million and was sold at a high price of HK$142 million. The Rain in the Autumn has a huge

dimension of 84 square feet. In this picture, the whistling woods covers the hills. The rugged and crooked

maple trees stand in the autumn rain alone. The entire scene is shrouded in misty rain and moist fog. The image of the roof flickers behind the shelter of the pine trees. Birds return to nest. Boat pulls in shore.

Lot 1218

Cui Ruzhuo

Rain in the Autumn

Price sold: HK$ 141,600,000

The Chinese Ceramics and Works of Art continued to build on its successful streak, with a total transaction

of HK$109 million. The Meiyintang Collection from the Chinese Ceramics and Works of Art was one of the highlights and witnessed a white glove sale, with 100% sell-through rate for 27 masterpieces. A Rare

Blue-and-White “Rosette” Moonflask of Yongle Period was sold at HK$10.03 million, while a Fine and

Rare Hardstone Embellished Gilt-Bronze Mythical Beast Censer was sold at a high price of

HKD12.98 million. The excellent performance indicated that collectibles from a trustworthy source and

origin are cherished by collectors.

For ancient artifacts, kilns from Yauzhou and Cizhou were popular among collectors, demonstrating the

steady growth of the ancient porcelain market. In the auction of “In Pursuit of the Past – a Selection of

Archaic Bronze Wares and Ceramics”, an Archaic Bronze “Dragon” Square Ding and a Fine and Rare Bronze Ritual

Wine Vessel and Cover, You from trustworthy sources were sold for HK$7.08 million and HK$6.49 million

respectively.

Chinese Ceramics and Works of Art

(I) Chinese Ceramics and Works of Art

The Meiyintang Collection enjoyed a white glove sale.


Lot 3008

Yongle Period

A Rare Blue-and-White “Rosette”

Moonflask

HK$ 10,030,000

Lot 3165

Yongzheng Period

A “Eel-skin” Jar Yellow-glazed with

Handles

HK$ 4,248,000

Highlighted auction items sold with high prices:


Lot 3116

A Fine and Rare Hardstone Embellished

Gilt-Bronze Mythical Beast Censer

HK$ 12,980,000

Lot 3114

Mid Qing Dynasty

A Magnifcent Large Imperial Cloisonne

Enamel Tiered Censer

HK$ 4,484,000

8

Lot 3095

Qianlong Period,

A White Jade Carved Tripod “Rams”

Censer and Cover

HK$ 4,130,000

Lot 3025

Qianlong Period

An Exquisite Doucai “Lotus” Vase

HK$ 3,776,000



(II) In Pursuit of the Past – A Selection of Archaic Bronze Wares and Ceramics


Lot 3203

An Archaic Bronze “Dragon” Square

Ding

HK$ 7,080,000

Lot 3206

A Fine and Rare Bronze Ritual Wine

Vessel and Cover, You HK$ 6,490,000



This season, the Department of Jewels and Prestige Collections presented a variety of precious gemstones,

finest jadeites, prestigious watches, antique timepieces, rare and limited edition Hermès handbags, wine and

whisky collectibles. The total transaction of four auctions fetched HK$400 million, setting several world

auction records. A Jadeite Bangle and an “Imperial Jade” Jadeite Beads and Diamond Necklace were

sold for the high price of HK$107 million.

Mr. Yu Wenhao, Head of Jewels and Prestige Collections, remarked, “The sale of the world-class jewelry has

brought greater confidence for Poly Auction Hong Kong to enter the international art market and indicated

the significant role of jadeite in international market. The high transaction price is an indication of collectors’

recognition of and trust in Poly Auction Hong Kong. We make no compromise in providing professional

consultation, exceptional collections and the highest-quality services to collectors all over the world.”

(I) Magnificent Jewels

A selection of fine jewelry and jadeite was offered by the Department of Jewels and Prestige Collections, with

a total transaction of more than HK$ 335 million.


Lot 2160

A Jadeite Bangle

Lot 2115

An “Imperial Jade” Jadeite Beads and

Diamond Necklace

HK$ 106,790,000

Lot 2147

A 10.54 Carat Fancy Blue Diamond and Diamond Ring

HK$ 56,640,000

Lot 2074

A World Exclusive Set of 65.55 and

85.41 Carat Colombian Emerald and

Diamond Bracelet and Necklace, by

Harry Winston

HK$ 27,140,000

Jewels and Prestige Collections

10

Lot 2146

A 7.33 Carat, Fancy Purplish Pink Colour,

Type IIA Diamond Ring

HK$ 23,836,000

Lot 2172

Hearts of Colombia a Pair Of 20.15 and

21.79 Carat Colombia Emerald and

Diamond Ear Pendants, by Graff

HK$ 22,420,000

Lot 2159

A Jadeite and Yellow Diamond Ring

HK$ 10,620,000



(II) Important Watches

The Important Watches section proudly presented a series of rare and highly cherished luxury timepieces,

fetching a total transaction of HK$37.19 million. An Extremely Fine, Rare and Important Platinum and

Emerald-Set Perpetual Calendar Chronograph Wristwatch with Registers, Moon-Phase and Leap Year Indication, In

Original Factory Double Sealed Grand Complication, ref. 5271/13p, circa 2015, by Patek Philippe was sold for

HK$3.42 million, setting a new world auction record for the timepiece.


Lot 2355 An Exceptional and Very Fine Platinum

and Rose Gold Semi-Skeletonised Minute

Repeating Perpetual Calendar Automatic

Wristwatch with Retrograde Date, Day,

Month, Moon Phases and Leap Year

Indication, in Original Factory Single

Sealed Grand Complication, by Patek

Philippe

HK$ 4,012,000

Lot 2248

An Extremely Fine, Rare and Important

Platinum and Emerald-Set Perpetual

Calendar Chronograph Wristwatch with

Registers, Moon-Phase and Leap Year

Indication, in Original Factory Double

Sealed Grand Complication, Ref.

5271/13p, Circa 2015, by Patek Philippe

HK$ 3,422,000

Lot 2309

Asprey

A Fine and Rare Yellow Gold with

Mother-of-Paerl Coral Amethyst and

Diamond-Set Pagoda form Trompe L’oeil

Mystery Quartz Clock

Circa 1995

HK$ 2,360,000



(III) Noble Handbags and Accessories

This season’s Noble Handbags and Accessories was a great success with a total transaction of HK$17.1

million. The highlights of the auction included an extraordinary Himalayan niloticus crocodile handbag with

white gold and diamond, which the bidding began at HK$1.4 million. Rounds of fierce bidding sent the price up

to HK$2.89 million, smashing a new world auction record for the handbag.


Lot 2717

Hermès, 2016

An extraordinary Matte Himalayan

Niloticus crocodile Diamond Mirkin 30

with 18K White Gold and Diamond

Hardware Accompanied with Original

Box and Certifications

HK$ 2,891,000

Lot 2645

Hermès 2010

A rare matte SO BLACK Niloticus

crocodile Birkin 30 with black hardware

HK$ 1,050,200



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(IV) Prestige Collections

The Department of Prestige Collection achieved a total transaction of HK$10.22 million, in which the

Karuizawa 53 – 1960 took the lead with a sale price of over HK$1.2 million.


Lot 1893

Karuizawa 53 – 1960

53 Years Old Single Malt

Distilled 1960 Bottled 2013

Cask Number 5627 1 of 41 bottles

ABV51.8%

700ml

1 bottle

HK$ 1,298,000

Lot 1718 The Macallan 18 – 1955 to 1986

Vertical

700ml

32 bottles

HK$ 767,000



For high-resolution photos:

https://www.dropbox.com/sh/1qy64gth1yhmq8f/AADEHqZ9Dmlf7CsgVS9yTnb6a?dl=0

Editor Notes:

Media Contact

Poly Auction HK – Jessica Chen 2303 9892 [email protected]

Poly Auction HK – Randy Tung 2303 9857 [email protected]

Poly Auction HK – Fatima Lam 2303 9891 [email protected]

Trinity International Limited – Jackie Liu 3583 3300 [email protected]

https://www.dropbox.com/sh/1qy64gth1yhmq8f/AADEHqZ9Dmlf7CsgVS9yTnb6a?dl=0

mailto:[email protected]




About Poly Auction Hong Kong

Poly Auction (Hong Kong) Limited (Poly Auction Hong Kong), established in 2012 by Poly Culture Group

Corp. Ltd., is a young but remarkable auction house in Hong Kong and the Asia Pacific region. Beijing Poly

International Auction, a subsidiary of Poly Culture Group Corp Ltd., is China’s largest state-owned auction

house and holds the highest auction transaction volume of Chinese art in the world.

Poly Auction (Hong Kong) comprises of four departments: Chinese and Asian Modern and Contemporary Art,

Fine Chinese Paintings and Calligraphy, Chinese Ceramics and Works of Art and Jewels and Prestige

Collections. We select only genuine, exquisite and rare artwork. We are entering the international art market

with the aim to provide professional consultation, exceptional collections and the highest quality service. Poly

Auction has a global network of offices, including Hong Kong, Beijing, Shanghai, Macao, Xiamen, Shandong, Taipei, Tokyo, New York, San Francisco, Los Angeles, Sydney and Melbourne.

Official Website: http://www.polyauction.com.hk

WeChat account: polyauction – hongkong

Instagram: polyauctionhk

For enquiries, please contact Miss Jackie Liu at +852 3583 3300 or email to [email protected].

Distribution by Trinity International Limited on behalf of Poly Auction Hong Kong

Tel: +852 3583 3310 – Fax: +852 3583 1331 – Website: www.3trinity.hk

Email: [email protected]

http://www.polyauction.com.hk/


poly auction hong kong proudly presents spring auction ...€¦ · the meiyintang collection of the...

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