Year-ender: 10 Chinese artworks fetching over 100m yuan in 2019
2019-12-18
Zhao Mengfu's
Letters goes on auction at China Guardian in Beijing on Nov 19. [Photo/cguardian.com]
Editor's note:
The high prices of auction items have always been very eye-catching, because they reflect to some extent the development trend of art market of that year.
The report Art Investment and the Chinese High Net Worth 2019 from Hurun Research Institute, a wealth research firm that focuses on China, and Art Market Monitor of Artron, said the three major art auction markets in 2018 were the United States, China and the United Kingdom, with a total share of more than 80 percent. Among them, the United States was the biggest market, accounting for 40 percent; China came second with 29 percent market share, and the United Kingdom third, accounting for 18 percent.
Chinese artworks first broke through the 100 million yuan mark in 2009. Now 10 years later, the turnover rate of 100 million yuan items has slowed down after the peak in 2017.
Nevertheless, collectors had expectations from the market, because in 2019, four pieces of Chinese art were sold for more than 200 million yuan, which means that the art market has started to knock on the door of "200 million yuan era", sending out some good signals for the market.
Here are 10 Chinese artworks that sold for more than 100 million yuan in 2019.
Zhao Mengfu's
Letters. [Photo/cguardian.com]
1, Zhao Mengfu's Letters Price realized: 267.4 million yuan ($38.2 million) Auction House: China Guardian Category: Classical Chinese Painting and Calligraphy
Li Keran's
Long March. [Photo/ polypm.com.cn]
2, Li Keran's Long March Price realized: 207 million yuan ($29.6 million) Auction House: Beijing Poly International Auction Category: Modern Chinese Painting
Pan Tianshou's
Pine after Rain. [Photo/cguardian.com]
3, Pan Tianshou's Pine after Rain Price realized: 205.9 million yuan ($29.4 million) Auction House: China Guardian Category: Modern Chinese Painting
A yellow enamel bottle with a knot and patterns from the Qing Dynasty (1644-1911). [Photo/ artron.net]
4, A yellow enamel bottle with a knot and patterns from the Qing Dynasty (1644-1911) Price realized: HK$ 207.1 million ($26.6 million) Auction House: Sotheby's Hong Kong Category: Porcelain
Sanyu's
Nu. [Photo/sothebys.com]
5, Sanyu's Nu Price realized: HK$ 198 million ($29.4 million) Auction House: Sotheby's Hong Kong Category: 20th Century & Contemporary Art
Zao Wou-Ki's
Triptyque 1987-1988. [Photo/christies.com]
6, Zao Wou-Ki's Triptyque 1987-1988 Price realized: HK$ 178 million ($22.9 million) Auction House: CHRISTIE'S Hong Kong Category: 20th Century & Contemporary Art
A globular vase with a cylindrical neck and dragon patterns from the Qing Dynasty (1644-1911). [Photo/polypm.com.cn]
7, A globular vase with a cylindrical neck and dragon patterns from the Qing Dynasty (1644-1911) Price realized: 147.2 million yuan ($21 million) Auction House: Beijing Poly International Auction Category: Porcelain
Li Keran's
Manchurian Mountains. [Photo/sothebys.com]
8, Li Keran's Manchurian Mountains Price realized: HK$ 162.7 million ($20.9 million) Auction House: Sotheby's Hong Kong Category: Modern Chinese Painting
Wang Meng's
Calligraphy. [Photo/polypm.com.cn]
9, Wang Meng's Calligraphy Price realized: 146.1 million yuan ($20.8 million) Auction House: Beijing Poly International Auction Category: Classical Chinese Painting and Calligraphy
