Christie’s Scores Big with Sackler as Sotheby’s Sees Lukewarm ResultsBy Amy Page
Published: March 20, 2009
The highlight of the sale was a rare and exceptionally large white marble Buddhist votive stele from the Northern Qi dynasty (6th century), which soared over its extremely modest estimate of $300–400,000 to sell to an anonymous telephone bidder for $1,728,900. Another white marble figure, a much-admired sculpture of an imperious monk from the Tang/Song dynasty (10th–12th century), brought $218,500 against an estimate of $30–50,000. A set of four hanging scrolls, Birds and Ducks by Bada Shanren (1626–1705), sold for $1,202,500 (est. $300–500,000) to a Chinese collector. The four paintings come from a larger series that includes two works now in the Nelson-Atkins Museum of Art. It is thought that the set originally contained eight scrolls, two of which have been lost. Chief among the jades was a rare archaistic-hinged twin bi from the Qing dynasty in yellow and russet jade. The work was estimated at $10–15,000, but someone in the room opened the bidding at $100,000, and the work eventually sold to the Asian trade for $422,500, eliciting a hearty round of applause from the room. A rare blackish jade ceremonial blade (c. 2000 B.C.) also drew a host of bidders, selling over the telephone for $146,500 (est. $15,000–20,000).
Fine Chinese Ceramics and Works of Art A marathon session of 272 lots the next afternoon fared significantly better in terms of value, bringing in $15,965,900 and boosting the total for the two-part sale to $18,323,463 (est. $8.8–12.8 million). There were a number of stellar prices, especially for rare Ming and Qing porcelain from a North American collection formed between 1890 and 1920. It felt like the good old pre-recession days when these pieces came up, with bids all over the place and estimates doubled or tripled. One of the star lots of the group, and the sale's second-highest earner, was a doucai petal-lobed vase, Zun, from the Yongzheng period, which sold for $1,818,500 (est. $100–150,000) to a man in the room said to be an agent for mainland Chinese dealers. The same buyer also picked up a rare doucai “chicken” cup. Bearing a Yongzheng six-character mark and dating from the period, it sold for $602,500 (est. $60–80,000). A rare pair of famille-verte cups fetched $182,4500 (est. $8,000–12,000), while a telephone buyer paid $278,500 for ten 19th-century blue-and-white “month” cups estimated at $8,000–10,000. Material from the estate of Walter Hochstadter, a New York dealer with a passion for China who sold to many great collectors and institutions, achieved the most impressive results of the sale. Hochstadter was known for having a great eye, and the consignments from his collection included a rare carved, barrel-shaped jar and cover in red lacquer (Xuande mark from the 15th century), which brought $662,500 (est. $150–250,000), the highest price for a piece of lacquer in the sale. Another Hochstadter lot, a rare blue-and-white bowl from the Yongle period (1403–1425), went for $2,322,500 (est. $400–600,000), becoming the top earner of the sale. The bowl is one of only two known examples of its kind; the other is in the Shanghai Museum. |
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