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Asia Week

By Margaret Tao

Published: June 1, 2008
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Sotheby’s
Contemporary Art Asia: China, Korea, Japan
291 lots offered
$23,210,525 sold total
18.2 percent unsold by value
19.9 percent unsold by lot
Fine Chinese Ceramics and Works of Art
294 lots offered
$11,091,263 sold total
46.9 percent unsold by value
36.4 percent unsold by lot
Indian Art
88 lots offered
$5,106,875 sold total
21.2 percent unsold by value
26.1 percent unsold by lot
Indian and Southeast Asian Works of Art
152 lots offered
$7,026,751 sold total
17.6 percent unsold by value
30.3 percent unsold by lot
Doyle
The Regal Collection and Asian Works of Art
369 lots offered
$1,700,700 sold total
7 percent unsold by value
18 percent unsold by lot
Bonhams
Fine Japanese Art
245 lots offered
$546,600 sold total
17 percent unsold by value
15 percent unsold by lot

Christie's
Japanese and Korean Art
462 lots offered
$20,854,813 sold total
6 percent unsold by value
30 percent unsold by lot
The Imperial Wardrobe: Fine Chinese Costumes and Textiles
154 lots offered
$1,800,963 sold total
47 percent unsold by value
27 percent unsold by lot
The Meriem Collection: Important Chinese Snuff Bottles, part II
114 lots offered
$4,281,700 sold total
0 percent unsold by value
0 percent unsold by lot
Fine Chinese Ceramics and Works of Art
370 lots offered
$20,216,925 sold total
13 percent unsold by value
23 percent unsold by lot
South Asian Modern and Contemporary Art
125 lots offered
$10,974,600 sold total
13 percent unsold by value
11 percent unsold by lot
Indian and Southeast Asian Art; The Scholar's Vision: the Pal Family Collection; The Ideal Image: Eight Masterpieces of Indian and Southeast Asian Art
519 lots offered
$21,939,488 sold total
2 percent unsold by value
37 percent unsold by lot
Overall, classical art far outshone contemporary, sug­gest­ing that, in times of financial uncertainty, buyers pre­­fer enduring masterpieces to untested ones.

"Auction Reviews: Asia Week" originally appeared in the June 2008 issue of Art+Auction. For a complete list of articles from this issue available on ARTINFO, see Art+Auction's June 2008 Table of Contents.

 

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