ASIAN ART WEEK NEW YORK | FALL 2022 MARKET REPORT
ASIAN ART WEEK NEW YORK | FALL 2022 MARKET REPORT
CHINESE WORKS OF ART
CHRISTIE’S | NEW YORK FALL 2022 MARKET REPORT
CHINESE FURNITURE AT CHRISTIE’S NEW YORK | ASIAN ART WEEK FALL 2022 MARKET REPORT
JAPANESE AND KOREAN ART CHRISTIE’S | NEW YORK FALL 2022 MARKET REPORT
INDIAN, HIMALAYAN AND SOUTHEAST ASIAN WORKS OF ART
CHRISTIE’S | NEW YORK
FALL 2022 MARKET REPORT
SOUTH ASIAN MODERN + CONTEMPORARY ART CHRISTIE’S | NEW YORK FALL 2022 MARKET REPORT
ASIAN
ART WEEK AT A GLANCE SEPTEMBER 2022 Building on the momentum of our highly successful March sales, Christie’s September 2022 Asian Art Week sales realized over $39 million—double the total of our closest competitor. ASIAN ART WEEK | NEW YORK | SEPTEMBER 2022 SUMMARY CHRISTIE'S SOTHEBY’S BONHAMS OVERALL SALE TOTAL $39.3 million $19.5 million $5.3 million LOW ESTIMATE $24.6 million $16.6 million $4.4 million % SOLD OF LOW ESTIMATE 160% 117% 121% LOTS SOLD 998 421 450 MARKET SHARE ASIAN ART WEEK | SEPTEMBER 2022 CHRISTIE’S SOTHEBY’S 61% $39.3 MILLION 33% $19.5 MILLION 9% $5.3 MILLION BONHAMS
ASIAN
Christie’s is the world’s leading art and luxury business. At the core of our globally recognized brand is extraordinary art, unparalleled service, and scholarly expertise. We leverage our proprietary, global client relationships for our Asian Art Week sales.
The fall 2022 Asian Art Week sales attracted a total of 2,106 registrants, 1,197 bidders, and 540 buyers. We have an unmatched global presence in 46 countries, with 10 salerooms around the world including in London, New York, Paris, Geneva, Milan, Amsterdam, Dubai, Zürich, Hong Kong, and Shanghai.
This map illustrates our Fall 2022 Asian Art Week clients including buyers and bidders. The more global clients we engage, the higher the saleroom competition, and the greater financial returns we achieve for our consignors.
488 NORTH AMERICA 143 EUROPE 550 ASIA 15 AUSTRALIA
ART WEEK GLOBAL CLIENTS | NEW YORK | SEPTEMBER 2022
THE MARKET AT A GLANCE NEW YORK | 2019-2022 Season after season, Christie’s New York has maintained a dominant position in the Asian Art market and has consistently realized strong results across categories. AGGREGATE SALE TOTALS NEW YORK ASIAN ART WEEK Our exceptional results in the 2022 Asian Art Week sales proved that the international market is strong for objects across all categories that are fresh to the market and presented with expertise and imagination. We maintained our market-leading position in Fall 2022, and further increased our focus on maximizing results for every lot. This season we realized a total double that of our competitor and sold 11 pieces for over $500,000— underscoring our ability to achieve strong returns on behalf of our clients. CHRISTIE’S SOTHEBY’S $36.4M $82.2M 2020 $56.2M $98.3M 2021 $83.1M $119.5M 2019 34% $55 MILLION 66% $108.9 MILLION RAM KUMAR Untitled (Girl) Estimate: $220,000-280,000 Sold for $567,000 Christie’s New York, September 2022 258% OF LOW ESTIMATE FRANCIS NEWTON SOUZA The Apocalypse, 1961 Estimate: $150,000-200,000 Sold for $567,000 Christie’s New York, September 2022 378% OF LOW ESTIMATE MAQBOOL FIDA HUSAIN What is One?, 1959 Estimate: $120,000-180,000 Sold for $252,000 Christie’s New York, September 2022 210% OF LOW ESTIMATE 2022
THE MARKET AT A GLANCE NEW YORK | 2019-2022 Season after season, Christie’s New York has maintained a dominant position in the Asian Art market and has consistently realized strong results across categories. AGGREGATE SALE TOTALS NEW YORK ASIAN ART WEEK Our exceptional results in the 2022 Asian Art Week sales proved that the international market is strong for objects across all categories that are fresh to the market and presented with expertise and imagination. We maintained our market-leading position in Fall 2022, and further increased our focus on maximizing results for every lot. This season we realized a total double that of our competitor and sold 11 pieces for over $500,000— underscoring our ability to achieve strong returns on behalf of our clients. CHRISTIE’S SOTHEBY’S $83.1M $119.5M 2019 $36.4M $82.2M 2020 $56.2M $98.3M 2021 $55M $108.9M 2022 2022 34% $55 MILLION 66% $108.9 MILLION A MAGNIFICENT AND VERY RARE PAIR OF LARGE CLOISONNÉ ENAMEL PANELS Quianlong Period (1736-1795) Estimate: $150,000-250,000 Sold for $1,071,000 Christie’s New York, September 2022 714% OF LOW ESTIMATE
ASIAN ART WEEK | SEPTEMBER 2022 STRONG RESULTS FOR ALL CATEGORIES SALE WEEK TOTAL: $39 MILLION 160 % SOLD OF LOW ESTIMATE Japanese and Korean Art TOTAL: $421,000 80% SELL-THROUGH RATE Thoughts Across the Waters: Asian Art from the David Drabkin Collection TOTAL: $1,648,000 84% SEL- THROUGH RATE Centering the Figure: South Asian Modern + Contemporary Art from the Collection of Romi Lamba TOTAL: $2,342,000 115% OF LOW ESTIMATE Indian and Himalayan Art Online featuring The John C. and Susan L. Huntington Collection TOTAL: $673,000 157 LOTS OFFERED The John C. and Susan L. Huntington Collection TOTAL: $1,831,000 110% OF LOW ESTIMATE Japanese and Korean Art TOTAL: $2,864,000 197 LOTS OFFERED Art of China TOTAL: $1,197,252 194% OF LOW ESTIMATE SEPTEMBER 14-29 | ONLINE SEPTEMBER 20 SEPTEMBER 21 South Asian Modern + Contemporary Art TOTAL: $7,684,000 86% SELL-THROUGH RATE SEPTEMBER 22-23 Important Chinese Ceramics and Works of Art TOTAL: $20,658,000 193% OF LOW ESTIMATE
TOP PRICES
Christie’s September 2022 Asian Art Week sales saw incredible results all around: we surpassed pre-sale estimates, set three world auction records, and sold 11 lots for over $500,000 each.
A VERY RARE PAIR OF HUANGHUALI DRUM STOOLS
17th Century
Estimate: $120,000-180,000 Sold for $1,500,000
Christie’s New York, September 2022
WORLD AUCTION RECORD FOR A PAIR OF CHIINESE STOOLS
1,250% OF LOW ESTIMATE
A VERY RARE RECTANGULAR HUANGHUALI INCENSE TABLE 16th-17th Century
Estimate: $120,000-180,000 Sold for $1,159,200
Christie’s New York, September 2022
966% OF LOW ESTIMATE
A MAGNIFICENT AND VERY RARE PAIR OF LARGE CLOISONNÉ ENAMEL PANELS
Quianlong Period (1736-1795)
Estimate: $150,000-250,000 Sold for $1,071,000
Christie’s New York, September 2022
714% OF LOW ESTIMATE
A RARE AND IMPORTANT MOLDED AND BISCUIT-RESERVED LONGQUAN CELADON OCTAGONAL VASE, MEIPING
Yuan Dynasty, 14th Century
Estimate: $600,000-800,000 Sold for $882,000
Christie’s New York, September 2022
147% OF LOW ESTIMATE
A VERY RARE HUANGHUALI ROUNDCORNER TAPERED CABINET 17th Century
Estimate: $300,000-500,000 Sold for $856,800
Christie’s New York, September 2022
286% OF LOW ESTIMATE
JAGDISH SWAMINATHAN
Untitled (Bird, Tree and Mountain Series), 1971
Estimate: $180,000-250,000 Sold for $819,000
Christie’s New York, September 2022
THIRD-HIGHEST PRICE FOR THE ARTIST AT AUCTION
455% OF LOW ESTIMATE
A RARE LARGE FAMILLE ROSE FIGURE OF AMITAYUS
Qianlong Period (1736-1795)
Estimate: $150,000-250,000 Sold for $630,000
Christie’s New York, September 2022
420% OF LOW ESTIMATE
JAMINI ROY
Untitled (Dralha)
Estimate: $60,000-80,000 Sold for $579,000
Christie’s New York, September 2022
WORLD AUCTION RECORD FOR THE ARTIST
965% OF LOW ESTIMATE
RAM KUMAR
Untitled (Girl)
Estimate: $220,000-280,000 Sold for $567,000
Christie’s New York, September 2022
258% OF LOW ESTIMATE
FRANCIS NEWTON SOUZA The Apocalypse, 1961 Estimate: $150,000-200,000 Sold for $567,000
Christie’s New York, September 2022
378% OF LOW ESTIMATE
A RARE GE-TYPE VASE
Yongzheng Six-Character Seal Mark in Underglaze Blue and of the Period (17231735)
Estimate: $400,000-600,000 Sold for $529,200
Christie’s New York, September 2022
132% OF LOW ESTIMATE
ANJU DODIYA Cocoon, 1999
Estimate: $50,000-70,000 Sold for $327,600
Christie’s New York, September 2022
WORLD AUCTION RECORD FOR THE ARTIST
655% OF LOW ESTIMATE
OF THE WEEK ASIAN ART WEEK | NEW YORK | SEPTEMBER 2022
PROPERTY FROM PRESTIGIOUS PRIVATE COLLECTIONS
Our September 2022 Asian
Week
of John C. and Susan L.
David Drabkin, among others.
Romi
The
%
SOLD
$2 million
ESTIMATE $1.7-2.7 million
OF
WORKS SOLD
6
Alfred C. Stepan,
%
SOLD
$2.3 million
ESTIMATE $2-3 million
OF
WORKS
%
SOLD
$1.9 million
ESTIMATE $745,000-1 million
202%
RATE 100%
SOLD TOTAL $1.3 million
ESTIMATE $550,000-828,000
% SOLD OF LOW ESTIMATE 238%
SELL-THROUGH RATE 84%
$40,000-60,000
$403,200
ASIAN ART WEEK | NEW YORK | SEPTEMBER 2022
Art
sales featured notable works from the collections
Huntington,
Lamba,
and
lots offered from private collections attracted deep bidding and realized prices well above their pre-sale estimates. THOUGHTS ACROSS THE WATERS: ASIAN ART FROM THE DAVID DRABKIN COLLECTION CROSS-CATEGORY NEW YORK SEPTEMBER 2022 THE COLLECTION OF ALFRED C. STEPAN SOUTH ASIAN MODERN + CONTEMPORARY ART NEW YORK SEPTEMBER 2022
TOTAL
SOLD OF LOW ESTIMATE
SELL-THROUGH
CENTERING THE FIGURE: SOUTH
ASIAN MODERN + CONTEMPORARY ART FROM THE COLLECTION OF ROMI LAMBA NEW YORK SEPTEMBER 2022 THE JOHN C. AND SUSAN L. HUNTINGTON COLLECTION SOUTHEAST ASIAN ART NEW YORK SEPTEMBER 2022
TOTAL
SOLD
LOW ESTIMATE 115%
SOLD OVER $100,000 7
TOTAL
SOLD
LOW ESTIMATE 113%
OVER $100,000
ATTRIBUTED TO WANG SHICHANG Wanderers in Spring Hills Estimate:
Sold for
Christie’s New York, September 2022 1,008% OF LOW ESTIMATE RAM KUMAR Untitled (Girl), circa late 1950s Estimate: $220,000-280,000 Sold for $567,000 Christie’s New York, September 2022 258% OF LOW ESTIMATE ANJU DODIYA Cocoon, 1999 Estimate: $50,000-70,000 Sold for $327,600 Christie’s New York, September 2022 WORLD AUCTION RECORD FOR THE ARTIST 655% OF LOW ESTIMATE A RARE AND FINE PAINTING OF A SHAT CHAKRAVARTI MANDALA Central Tibet, 15th-16th Century Estimate: $400,000-600,000 Sold for $441,000 Christie’s New York, September 2022 110% OF LOW ESTIMATE
IMPORTANT CHINESE CERAMICS AND WORKS OF ART NEW YORK | SEPTEMBER 2022 Christie’s is the clear market leader for Chinese Works of Art in New York, vastly outperforming our nearest competitor by every metric. CHINESE WORKS OF ART | NEW YORK | SEPTEMBER 2022 SUMMARY CHRISTIE'S SOTHEBY’S BONHAMS SALE TOTAL $23.4 million $15.4 million $3.8 million ESTIMATES 11.6-17.2 million 10.5-15.5 million 2.6-3.8 million MARKETSHARE 55% 38% 9% % SOLD OF LOW ESTIMATE 201% 146% 146% % SOLD OF HIGH ESTIMATE 136% 100% 100% MARKET SHARE CHINESE WORKS OF ART NEW YORK SEPTEMBER 2022 CHRISTIE’S SOTHEBY’S BONHAMS 55% $23.4 MILLION 36% $15.4 MILLION 9% $3.8 MILLION
THE CHINESE WORKS OF ART MARKET AT A GLANCE NEW YORK | 2019-2022 Christie’s New York has maintained a dominant position in the Chinese Works of Art market for decades, holding market share for 21 of the past 22 years. In September 2022, we built upon our long-standing, market-leading position, soaring above pre-sale expectations. $47M $56M SALE TOTALS NEW YORK CHINESE WORKS OF ART CHRISTIE’S SOTHEBY’S 2019 $33.9M 2020 $38.5M $45.2M $57.2M 2021 36% $34.2 MILLION 64% $57.2 MILLION 2022 $34.2M 2022 $57.2M A HUANGHUALI RECESSED-LEG TABLE 17th-18th Century Estimate: $120,000-180,000 Sold for $126,000 Christie’s New York, September 2022 105% OF LOW ESTIMATE A MAGNIFICENT AND VERY RARE PAIR OF LARGE CLOISONNÉ ENAMEL PANELS Qianlong Period (1736-1795) Estimate: $150,000-250,000 Sold for $1,071,000 Christie’s New York, September 2022 714% OF LOW ESTIMATE
Important Chinese Art from The Fujita Museum, Christie’s New York, March 2017
Christie’s New York Asian Art Week, March 2022
MARKET SHARE NEW YORK | 2000–2022 CHINESE WORKS OF ART CHRISTIE’S DOMINANCE IN NEW YORK SELL-THROUGH RATES NEW YORK 2016-2022 Since 2000, Christie’s New York has maintained a 64% market share for Chinese works of art. CHRISTIE’S SOTHEBY’S 88% 72% 2020 81% 74% 2019 82% 72% 2018 86% 73% 2017 86% 80% 2021 2022 Christie’s has maintained a consistently higher sell-through rate than our competitor for the past 7 years. MARKET SHARE NEW YORK 2022 63% $57.2 MILLION 37% $34.2 MILLION 83% 72% 2016 85% 81% CHRISTIE’S SOTHEBY’S 64% $1.41 BILLION 36% $808 MILLION
PROPERTY FROM PRESTIGIOUS PRIVATE COLLECTIONS
IMPORTANT
Christie’s September 2022 Important Chinese Ceramics and Works of Art sale contained a wide array of works consigned
Christie’s excels at crafting a compelling narrative
strong
prices.
collections.
collections,
CHINESE JADES FROM THE COLLECTION OF T. EUGENE WORRELL IMPORTANT CHINESE CERAMICS AND WORKS OF ART SEPTEMBER 2022
SOLD TOTAL $2.5 million
ESTIMATE $985,000-1.4 million
% SOLD OF LOW ESTIMATE 252%
SELL-THROUGH RATE 97%
LOTS OFFERED 60
PROPERTY FROM THE EHIME BUNKAKAN, JAPAN
CHINESE CERAMICS
WORKS OF ART NEW YORK SEPTEMBER 2022
SOLD TOTAL $687,000
ESTIMATE $286,000-404,000
% SOLD OF LOW ESTIMATE
SELL-THROUGH RATE 90%
LOTS OFFERED 10
%
PROPERTY FROM THE DAVID HUGUS COLLECTION IMPORTANT CHINESE CERAMICS AND WORKS OF ART NEW YORK SEPTEMBER 2022
TOTAL $436,842
$149,000-224,000
PROPERTY FROM THE ESTATE OF DR. VALLO BENJAMIN IMPORTANT CHINESE CERAMICS AND WORKS OF ART
SEPTEMBRER
SOLD TOTAL $703,080
ESTIMATE $188,000-272,000
% SOLD OF
RATE
OFFERED
ESTIMATE
SELL-THROUGH RATE
LOTS OFFERED 7
CHINESE CERAMICS AND WORKS OF ART | NEW YORK | SEPTEMBER 2022
by private
around private
yielding heightened client engagement and
sale
IMPORTANT
AND
240%
| NEW YORK
2022
LOW
374%
100%
SOLD
ESTIMATE
SOLD OF LOW ESTIMATE 293% SELL-THROUGH
93% LOTS
15 A LARGE CARVED LONGQUAN CELADON VASE, MEIPING Early Ming Dynasty, 14th-15th Century Estimate: $100,000-150,000 Sold for $289,800 Christie’s New York, September 2022 289% OF LOW ESTIMATE A RARE PAIR OF EMBROIDERED GOLD-GROUND RANK BADGES OF QILIN, BUZI Kangxi Period (1662-1722) Estimate: $30,000-50,000 Sold for $144,900 Christie’s New York, September 2022 483% OF LOW ESTIMATE A SUPERB YELLOW FIGURE OF A RECUMBENT MYTHICAL BEAST Ming Dynasty, (1368-1644) Estimate: $100,000-150,000 Sold for $441,000 Christie’s New York, September 2022 441% OF LOW ESTIMATE A HUANGHUALI SQUARE TABLE 18th-19th Century Estimate: $20,000-30,000 Sold for $163,800 Christie’s New York, September 2022 815% OF LOW ESTIMATE
A VERY RARE PAIR OF HUANGHUALI
17th
Estimate: $120,000-180,000 Sold for $1,500,000
Christie’s New York, September 2022
WORLD AUCTION RECORD FOR A PAIR OF CHINESE STOOLS
1,250% OF LOW ESTIMATE
A VERY RARE RECTANGULAR HUANGHUALI
16th-17th Century
Estimate: $120,000-180,000 Sold for $1,159,200
Christie’s New York, September 2022
966% OF LOW ESTIMATE
A MAGNIFICENT
Quianlong
(1736-1795)
Estimate: $150,000-250,000
Sold for $1,071,000
Christie’s New York, September 2022
714% OF
AND VERY RARE PAIR OF LARGE CLOISONNÉ ENAMEL PANELS
Period
LOW ESTIMATE TOP PRICES FOR CHINESE WORKS OF ART NEW YORK | SEPTEMBER 2022
INCENSE TABLE
DRUM STOOLS
Century
TOP PRICES FOR CHINESE WORKS OF ART NEW YORK | SEPTEMBER 2022 A RARE AND IMPORTANT MOLDED AND BISCUIT-RESERVED LONGQUAN CELADON OCTAGONAL VASE, MEIPING Yuan Dynasty, 14th Century Estimate: $600,000-800,000 Sold for $882,000 Christie’s New York, September 2022 147% OF LOW ESTIMATE A RARE LARGE FAMILLE ROSE FIGURE OF AMITAYUS Qianlong Period (1736-1795) Estimate: $150,000-250,000 Sold for $630,000 Christie’s New York, September 2022 420% OF LOW ESTIMATE A VERY RARE HUANGHUALI ROUNDCORNER TAPERED CABINET 17th Century Estimate: $300,000-500,000 Sold for $856,800 Christie’s New York, September 2022 286% OF LOW ESTIMATE
Collectors’
JADES FROM THE COLLECTION OF
WORRELL
both
JADE
JADE
with art of the ancient past
presentation and sales of jade
pronounced in
jades from an expansive array of dyansties, the Worrell
season.
highlighted the differing appearances and preferences of each period. These smaller jade carvings featured intricate detailing, each stone garnering
for the skills of lapidary
the Ming
of high polished, colorful stones to the Qing
towards white and translucent stones,
for collectors to find their niche was abundant.
A VERY RARE IMPERIALLY INSCRIBED GREY, RUSSET AND BLACK JADE RHYTON, GONG The Jade Qianlong Period (1736-1795) or earlier; the inscription incorporating a cyclical date, Jiyou, corresponding to 1789 and of the period Estimate: $60,000-80,000 Sold for $340,200 Christie’s New York, September 2022 567% OF LOW ESTIMATE A SUPERB YELLOW FIGURE OF A RECUMBENT MYTHICAL BEAST Ming Dynasty, (1368-1644) Estimate: $100,000-150,000 Sold for $441,000 Christie’s New York, September 2022 441% OF LOW ESTIMATE CHINESE
T. EUGENE
ASIAN ART WEEK | NEW YORK | SEPTEMBER 2022 Christie’s was delighted to offer Chinese Jades from the Collection of T. Eugene Worrell within our Important Chinese Ceramics and Works of Art sale this season. The section performed exceptionally well, with the collection surpassing
the low and high estimate. The category as a whole achieved an impressive 95% sell-through rate. CHINESE JADES SECTION SUMMARY CHRISTIE'S SECTION TOTAL $2.49 million ESTIMATE $985,000-1.45 million % SOLD OF LOW ESTIMATE 252% LOTS OFFERED 60
fascination
was especially
Christie’s
this
Featuring
collection
appreciation
artists. From
dynasty jades
dynasty’s gravitation
the opportunity
SPOTLIGHT ON
SPOTLIGHT ON
SCAN OR CLICK FOR MORE INFORMATION
A
(1736-1795)
$60,000-80,000
$327,600
Christie’s New York, September
Ming
(1368-1644)
Estimate: $100,000-150,000
Christie’s New York, September
A SUPERB YELLOW FIGURE OF A RECUMBENT MYTHICAL BEAST
Dynasty,
Sold for $441,000
2022 441% OF LOW ESTIMATE
SUPERB LARGE SPINACH-GREEN JADE FIGURE OF AN ELEPHANT Qianlong Period
Estimate:
Sold for
2022 546% OF LOW ESTIMATE A FINELY CARVED PALE GREY AND RUSSET JADE FIGURE OF A RECUMBENT CAMEL Ming-Qing Dynasty, 16th Century Estimate: $60,000-80,000 Sold for $113,400 Christie’s New York, September 2022 189% OF LOW ESTIMATE A VERY RARE IMPERIALLY INSCRIBED GREY, RUSSET AND BLACK JADE RHYTON, GONG The Jade Qianlong Period (1736-1795) or earlier; the inscription incorporating a cyclical date, Jiyou, corresponding to 1789 and of the period Estimate: $60,000-80,000 Sold for $340,200 Christie’s New York, September 2022 567% OF LOW ESTIMATE A VERY RARE GREYISH-GREEN JADE BIRD-FORM FINIAL/INSIGNIA Late Shang-early Western Zhou Dynasty, 12th-11th Century BC Estimate: $80,000-120,000 Sold for $252,000 Christie’s New York, September 2022 315% OF LOW ESTIMATE TOP PRICES FOR CHINESE JADES FROM THE COLLECTION OF T. EUGENE WORRELL ASIAN ART WEEK | NEW YORK | SEPTEMBER 2022
CHINESE
ATTRIBUTED
WANG SHICHANG
$40,000-60,000
for $403,200
Christie’s New York, September
OF
$3,000-4,000
for $35,280
Christie’s New York,
PAINTINGS NEW YORK | SEPTEMBER 2022 Christie’s generated immense interest and achieved break-out prices for Chinese Paintings during our fall 2022 sales. CHINESE PAINTINGS | SECTION SUMMARY CHRISTIE'S SALE TOTAL $1.6 million ESTIMATE $500,000-759,000 SELL-THOUGH RATE 83% % SOLD OF LOW ESTIMATE 255% % SOLD OF HIGH ESTIMATE 211% $1.6M $500,000 CHINESE PAINTINGS SALE RESULTS AGAINST LOW ESTIMATE CHRISTIE’S NEW YORK FALL 2022 PRE-SALE LOW ESTIMATE SALE TOTAL 255% OF PRE-SALE LOW ESTIMATE LI ZHU The Willow Stream Studio Estimate: $25,000-35,000 Sold for $302,400 Christie’s New York, September 2022 1,210% OF LOW ESTIMATE ZHAO ZUO Junipers and Rocks Estimate: $5,000-7,000 Sold for $107,100 Christie’s New York, September 2022 2,142% OF LOW ESTIMATE
TO
Wanderers in Spring Hills Estimate:
Sold
2022 1,008%
LOW ESTIMATE ZENG MI Landscape Estimate:
Sold
September 2022 1,176% OF LOW ESTIMATE
A VERY RARE PAIR OF HUANGHUALI DRUM STOOLS 17th Century Estimate: $120,000-180,000 Sold for $1,500,000 Christie’s New York, September 2022 1250% OF LOW ESTIMATE A PAIR OF HUANGHUALI SLOPINGSTILE CABINETS 19th Century Estimate: $50,000-70,000 Sold for $88,2000 Christie’s New York, September 2022 176% OF LOW ESTIMATE A PAIR OF HUANGHUALI LAMPHANGER SIDE CHAIRS 17th-18th Century Estimate: $120,000-180,000 Sold for $126,000 Christie’s New York, September 2022 105% OF THE LOW ESTIMATE A VERY RARE HUANGHUALI ROUNDCORNER TAPERED CABINET 17th Century Estimate: $300,000-500,000 Sold for $856,800 Christie’s New York, September 2022 286% OF LOW ESTIMATE A PAIR OF HUANGHUALI HORSESHOE-BACK ARMCHAIRS 17th-18th Century Estimate: $70,000-90,000 Sold for $103,320 Christie’s New York, September 2022 147% OF THE LOW ESTIMATE A PAIR OF HUANGHUALI RECTANGULAR STOOLS 18th Century Estimate: $20,000-30,000 Sold for $30,240 Christie’s New York, September 2022 151% OF THE LOW ESTIMATE EXCEPTIONAL PRICES FOR CHINESE FURNITURE NEW YORK | SEPTEMBER 2022
CHINESE FURNITURE NEW YORK | SEPTEMBER 2022 CHINESE FURNITURE | NEW YORK SEPTEMBER 2022 | SALES SUMMARY CHRISTIE'S SALE TOTAL $4.8 million ESTIMATE $2.1-3.1 million % SOLD OF LOW ESTIMATE 222% LOTS SOLD 29 SELL-THROUGH RATE 85% Chinese furniture continues to be a core collecting category for our Asian Art clients at Christie’s. This season, Christie’s achieved exceptional results. We realized over $6 million for the category—nearly three times the aggregate pre-sale low estimate of $2.1 million. Our commitment to the category gives us the ability to offer a diverse range of Chinese furniture at every price point season after season from important huanghuali pieces to later Qing-dynasty decorative furniture. Our current and historic market leadership means that we have access to the most up-to-date client information for future sales. $4.8M $2.1M CHINESE FURNITURE SALE RESULTS AGAINST LOW ESTIMATE CHRISTIE’S | NEW YORK FALL 2022 PRE-SALE LOW ESTIMATE SALE TOTAL 222% OF PRE-SALE LOW ESTIMATE A VERY RARE PAIR OF HUANGHUALI DRUM STOOLS 17th Century Estimate: $120,000-180,000 Sold for $1,500,000 Christie’s New York, September 2022 1250% OF LOW ESTIMATE
FOR CHINESE FURNITURE
GEOGRAPHY BID METHOD
A
Century
Estimate: $120,000-180,000
for $126,000
Christie’s New York, September 2022
A HUANGHUALI SQUARE-CORNER
Estimate: $40,000-60,000 Sold for $226,800
Christie’s New York, September 2022
567% OF
CABINET
A HUANGHUALI RECTANGULAR TABLE
Century with modifications
Estimate: $70,000-90,000 Sold for $201,600
Christie’s New York, September 2022
A HUANGHUALI SQUARE TABLE 18th-19th Century
Estimate: $20,000-30,000 Sold for $163,800
Christie’s New York, September 2022
815% OF LOW ESTIMATE
ESTIMATE
288% OF LOW ESTIMATE
$120,000-180,000
for $126,000
Christie’s New York, September 2022
A VERY RARE
Century
ROUND-
CABINET
Estimate: $300,000-500,000 Sold for $856,800
Christie’s New York, September 2022
286% OF
A TIELIMU ‘SOUTHERN OFFICIAL’S HAT’
18th-19th Century
Estimate: $8,000-12,000 Sold for $81,900
Christie’s New York, September 2022
ESTIMATE
1,023%
ESTIMATE
A PAIR OF HUANGHUALI LAMPHANGER SIDE CHAIRS 17th-18th Century Estimate:
Sold
105% OF LOW ESTIMATE THE MARKET
NEW YORK | SEPTEMBER 2022
Christie’s attractive estimates, deep expertise, and wellprovenanced lots inspired deep bidding this season. By providing multiple methods of bidding, we have made it easier than ever before to participate in our sales, strengthening our global reach and generating the highest possible prices. CHRISTIE’S BUYERS: 68% China and Hong Kong 62% Telephone 28% Americas 26% Room 4% Europe 12% Christie’s LIVE A VERY RARE PAIR OF HUANGHUALI DRUM STOOLS 17th Century Estimate: $120,000-180,000 Sold for $1,500,000 Christie’s New York, September 2022 1,250% OF LOW ESTIMATE A VERY RARE RECTANGULAR HUANGHUALI INCENSE TABLE 16th-17th Century Estimate: $120,000-180,000 Sold for $1,159,200 Christie’s New York, September 2022 966% OF LOW ESTIMATE
KANG
17th Century
LOW
18th
HUANGHUALI
CORNER TAPERED
17th
LOW
ARMCHAIR
OF LOW
HUANGHUALI RECESSED-LEG TABLE 17th-18th
Sold
105% OF LOW ESTIMATE
JAPANESE AND KOREAN ART NEW YORK | SEPTEMBER 2022 JAPANESE AND KOREAN ART | NEW YORK | SEPTEMBER 2022 SUMMARY CHRISTIE'S SOTHEBY’S BONHAMS SALE TOTAL $3.3 million $1.3 million $1 million MARKETSHARE 59% 23% 18% LOW ESTIMATE $3 million $1.5 million $1.2 million % SOLD OF LOW ESTIMATE 108% 87% 86% SELL-THROUGH RATE 76% 33% 60% Christie’s is the leading house for Japanese and Korean Art in New York. In our September 2022 sales, we achieved a dominant market share over our top competitors, more than doubling the sold total of each house. Our sales out-performed the low estimates, whereas our competitors failed to reach their low estimate values. We have the in-depth collector and market intelligence essential for achieving exceptional results on behalf of our clients. MARKET SHARE JAPANESE AND KOREAN ART NEW YORK SEPTEMBER 2022 23% $1.3 MILLION 18% $1 MILLION 59% $3.3 MILLION SHINODA TOKO Sailing Estimate: $1,500-2,500 Sold for $3,528 Christie’s New York, September 2022 235% OF LOW ESTIMATE A HONKOZANE TACHI-DO STYLE NIMAIDO-GUSOKU (ARMOR) 18th Century Estimate: $40,000-60,000 Sold for $44,100 Christie’s New York, September 2022 110% OF LOW ESTIMATE CHRISTIE’S SOTHEBY’S BONHAMS
SAMURAI SWORDS NEW YORK | SEPTEMBER 2022 SAMURAI SWORDS SECTION SUMMARY CHRISTIE'S SECTION TOTAL $481,320 ESTIMATE $144,000-211,000 % SOLD OF LOW ESTIMATE 334% % SOLD OF HIGH ESTIMATE 228% SELL-THROUGH RATE 100% Christie’s was delighted to offer a selection of Samurai swords within our September 2022 Japanese Art live and online sales. The section soared above the high estimate and achieved a 100% sell-through rate, indicating that the current market for this category is strong. Interview with Japanese film legend Tatsuya Nakadai Scan or click the QR code to read the interview. EDITORIAL CONTENT: FROM OUR ARCHIVES: SAMURAI’S ‘LONE WOLF’ A NAGASONE KATANA Nagasone Okisato Nyudo Kotetsu, 17th Century Estimate: $50,000-70,000 Sold for $239,400 Christie’s New York, September 2022 479% OF LOW ESTIMATE A NAGAMAKI AND A RED LACQUER SCABBARD Hirokane, mid-16th Century Estimate: $25,000-30,000 Sold for $119,700 Christie’s New York, September 2022 479% OF LOW ESTIMATE
TOP PRICES FOR JAPANESE AND KOREAN WORKS OF ART
KITAGAWA UTAMARO
Utamakura (Poem of the pillow)
Estimate: $100,000-150,000
for $126,000
Christie’s New York, September 2022
OF
AN ORANGE-LACED HONKOZANE DAIMYO
18th
Estimate: $80,000-120,000
for $88,200
Christie’s New York, September 2022
TOSHUSAI SHARAKU
Tennoji Riko (The actor Yamashita Kinsaku II as the Maid Okane)
Estimate: $80,000-120,000
for $189,000
Christie’s New York, September 2022
NEW YORK | SEPTEMBER 2022
Sold
126%
LOW ESTIMATE
Sold
236% OF LOW ESTIMATE
DOMARU GUSOKU (ARMOR)
Century
Sold
111% OF LOW ESTIMATE
SOUTH ASIAN MODERN + CONTEMPORARY ART NEW YORK | SEPTEMBER 2022 SOUTH ASIAN MODERN + CONTEMPORARY ART | NEW YORK | SEPTEMBER 2022 SUMMARY CHRISTIE'S SALE TOTAL $10 million ESTIMATES $7.1-10.3 million % SOLD OF LOW ESTIMATE 140% AVERAGE IMPLIED BIDS 4.9 WORKS SOLD OVER $100,000 27 Our fall South Asian Modern + Contemporary Art sales in New York, including Centering the Figure: South Asian Modern + Contemporary Art from the Collection of Romi Lamba , achieved an exceptional result of $10 million. Christie’s was the only auction house to hold sales for this category this season. SAYED HAIDER RAZA Ankuran, 1999 Estimate: $120,000-180,000 Sold for $277,200 Christie’s New York, September 2022 231% OF LOW ESTIMATE $10M $7.2M SOUTH ASIAN MODERN + CONTEMPORARY ART SALE RESULTS AGAINST LOW ESTIMATE CHRISTIE’S NEW YORK | FALL 2022 PRE-SALE LOW ESTIMATE SALE TOTAL 140% OF PRE-SALE LOW ESTIMATE JAGDISH SWAMINATHAN Untitled (Bird, Tree and Mountain Series), 1971 Estimate: $180,000-250,000 Sold for $819,000 Christie’s New York, September 2022 THIRD-HIGHEST PRICE FOR THE ARTIST AT AUCION 455% OF LOW ESTIMATE MAQBOOL FIDA HUSAIN Untitled (Astronaut), 1968 Estimate: $150,000-200,000 Sold for $378,000 Christie’s New York, September 2022 252% OF LOW ESTIMATE
SOUTH
ASIAN MODERN + CONTEMPORARY ART VARIOUS-OWNER SALE | NEW YORK | SEPTEMBER 2022 Our various-owner South Asain Modern + Contemporary Art sale far outpaced expectations: each work enticed 7.3 implied bids on average, and half of all lots in the sale sold above the pre-sale high estimate. The sale saw 157 registrants across the US, Asia, and Europe. Works from the collection of Alfred C. Stepan were not seen in public for over half a century before coming to Christie’s auction in fall 2022. This selection included early figurative paintings by Ram Kumar and Francis Newton Souza alongside a group of important works by Maqbool Fida Husain from the 1950s and 60s, highlighting Stepan’s remarkable eye for quality and throwing new light on an extremely significant period in the evolution of modern art in South Asia. Gentleman, Scholar, Collector THE COLLECTION OF ALFRED C. STEPAN SOUTH ASIAN MODERN + CONTEMPORARY ART | NEW YORK | SEPTEMBER 2022 SUMMARY CHRISTIE'S SALE TOTAL $7.7 million ESTIMATES $5.1-7.3 million SELL-THROUGH RATE 86% % SOLD OF LOW ESTIMATE 149% AVERAGE IMPLIED BIDS 7.3 THE COLLECTION OF ALFRED C. STEPAN SECTION SUMMARY CHRISTIE'S SALE TOTAL $1.9 million ESTIMATES $745,000-1,040,000 SELL-THROUGH RATE 100% % SOLD OF LOW ESTIMATE 202% RAM KUMAR Untitled (Girl), circa late 1950s Estimate: $220,000-280,000 Sold for $567,000 Christie’s New York, September 2022 258% OF LOW ESTIMATE SCAN OR CLICK FOR MORE INFORMATION
PRICES FOR SOUTH ASIAN MODERN
JAGDISH SWAMINATHAN
Untitled (Bird, Tree and Mountain Series), 1971
Estimate: $180,000-250,000
for $819,000
Christie’s New York, September 2022
THIRD-HIGHEST PRICE FOR THE ARTIST AT
OF
ESTIMATE
JAMINI ROY
Untitled (Dralha)
Estimate: $60,000-80,000
for $579,600
Christie’s New York, September 2022
WORLD AUCTION RECORD FOR THE ARTIST
OF
ESTIMATE
MAQBOOL FIDA HUSAIN
(Astronaut), 1968
Estimate: $150,000-200,000
for $378,000
New York, September 2022
OF LOW ESTIMATE
FRANCIS NEWTON SOUZA
Apocalypse, 1961
Estimate: $150,000-200,000
for $567,000
New York, September 2022
OF LOW ESTIMATE
Sold
AUCTION 455%
LOW
The
Sold
Christie’s
378%
Sold
966%
LOW
Untitled
Sold
Christie’s
252%
TOP
+ CONTEMPORARY ART NEW YORK | SEPTEMBER 2022
CENTERING THE FIGURE: SOUTH ASIAN MODERN + CONTEMPORARY ART
THE COLLECTION OF
SINGLE-OWNER SALE | NEW
SEPTEMBER
This season Christie’s offered a single-owner live sale of South Asian Modern + Contemporary Art from the Collection of Romi Lamba. Comprising of modern and contemporary
contemporary photography and figuration, the sale
an important collecting opportunity and drew 123 global registrants.
LAMBA
CENTERING
CHRISTIE'S
Top
which
by Manjit Bawa, and Arpita Singh’s
over $100,000.
Daughter
Feminine Fables
by Anju Dodiya ( a world auction record for the artist),
ANJU DODIYA
$50,000-70,000
for $327,600
New York, September
AUCTION
MANJIT BAWA
(Narasimha),
$120,000-180,000
for $207,900
New York, September 2022
FROM
ROMI
YORK |
2022
painting,
was
lots of the sale included Cocoon
works
My
and
, all of
sold
THE FIGURE: SOUTH ASIAN MODERN + CONTEMPORARY ART FROM THE COLLECTION OF ROMI LAMBA | NEW YORK SEPTEMBER 2022 | SUMMARY
SALE TOTAL $2.3 million ESTIMATES $2-3 million % SOLD OF LOW ESTIMATE 115% WORKS SOLD OVER $100,000 7
Cocoon, 1999 Estimate:
Sold
Christie’s
2022 WORLD
RECORD FOR THE ARTIST 655% OF LOW ESTIMATE
Untitled
1993 Estimate:
Sold
Christie’s
173% OF LOW ESTIMATE
ARPITA SINGH My Daughter, 1995 Estimate: $250,000-350,000 Sold for $315,000 Christie’s New York, September 2022 126% OF LOW ESTIMATE ARPITA SINGH Feminine Fables, 1996 Estimate: $80,000-120,000 Sold for $163,800 Christie’s New York, September 2022 205% OF LOW ESTIMATE MANJIT BAWA Untitled (Krishna with Flute), 1997 Estimate: $100,000-150,000 Sold for $315,000 Christie’s New York, September 2022 315% OF LOW ESTIMATE KRISHEN KHANNA Bandwallas in a Forest, 2005 Estimate: $30,000-50,000 Sold for $107,100 Christie’s New York, September 2022 357% OF LOW ESTIMATE TOP PRICES FOR SOUTH ASIAN MODERN + CONTEMPORARY ART NEW YORK | SEPTEMBER 2022
INDIAN, HIMALAYAN AND SOUTHEAST ASIAN WORKS OF ART NEW YORK | SEPTEMBER 2022 Christie’s Indian, Himalayan and Southeast Asian Works of Art sales saw strong results in September 2022, led by by the seminal John C. and Susan L. Huntington Collection. We sold 116 lots for a total of $2.5 million with 141 participants from 24 countries globally. INDIAN, HIMALAYAN AND SOUTHEAST ASIAN WORKS OF ART NEW YORK | SEPTEMBER 2022 SUMMARY CHRISTIE'S SOLD TOTAL $2,50 4 ,000 SOLD LOTS 116 % SOLD OVER LOW ESTIMATE 99% PARTICIPANTS 141 A RARE AND FINE SILVER-ANDCOPPER-INLAID BRONZE FIGURE OF NAMASANGHITI MANJUSHRI Northeastern India, 12th Century Estimate: $80,000-120,000 Sold for $151,200 Christie’s New York, September 2022 189% OF LOW ESTIMATE A RARE AND FINE PAINTING OF A SHAT CHAKRAVARTI MANDALA Central Tibet, 15th-16th Century Estimate: $400,000-600,000 Sold for $441,000 Christie’s New York, September 2022 110% OF LOW ESTIMATE A GILT AND POLYCHROMED CLAY FIGURE OF RATNASAMBHAVA China, 18th Century Estimate: $10,000-15,000 Sold for $27,720 Christie’s New York, September 2022 277% OF LOW ESTIMATE A RARE PAINTING OF TARA FROM A PALPUNG TARA SET Palpung Monastery, 18th century Estimate: $40,000-60,000 Sold for $144,900 Christie’s New York, September 2022 362% OF LOW ESTIMATE A RARE PAINTING OF TARA FROM A PALPUNG TARA SET Palpung Monastery, 18th century Estimate: $40,000-60,000 Sold for $113,400 Christie’s New York, September 2022 284% OF LOW ESTIMATE
THE JOHN C. AND SUSAN L. HUNTINGTON COLLECTION
NEW YORK | SEPTEMBER 2022
Christie’s was honored to hold a dedicated live auction and concurrent online sale offering over 70 works of Indian, Himalayan and Southeast Asian Art from the Huntington Collection this season. The sales were a testament to the prestigious Huntington provenance and attracted widespread interest, setting new benchmarks for Tibetan Paintings and Indian Court Paintings.
STRENGTH OF TIBETAN PAINTINGS
A RARE PAINTING OF TARA FROM A PALPUNG TARA SET
Palpung Monastery, 18th century
Estimate: $40,000-60,000 Sold for $144,900
Christie’s New York, September 2022
362% OF LOW ESTIMATE
STRENGTH OF INDIAN COURT PAINTINGS
A RARE AND FINE PAINTING OF A SHAT CHAKRAVARTI MANDALA
Central Tibet, 15th-16th Century
Estimate: $400,000-600,000
Sold for $441,000
Christie’s New York, September 2022
110% OF LOW ESTIMATE
A RARE PAINTING OF TARA FROM A PALPUNG TARA SET
Palpung Monastery, 18th century
Estimate: $40,000-60,000 Sold for $113,400
Christie’s New York, September 2022
284% OF LOW ESTIMATE
A PAINTING FROM THE ‘BHARANY’ RAMAYANA: RAMA, SITA AND LAKSHMANA AT PANCHAVATI
Kangra or Guler, first generation after Nainsukh and Manaku, circa 1775
Estimate: $100,000-150,000 Sold for $315,000
Christie’s New York, September 2022
WORLD AUCTION RECORD FOR A PAINTING FROM THE ‘BHARANY’ RAMAYANA
OF LOW ESTIMATE
315%
SOLD FOR 265% ABOVE THE LOW ESTIMATE
90% SOLD BY LOT
TOP PRICES FOR THE
COLLECTION
ASIAN ART WEEK | NEW
|
A GILT BRONZE FIGURE OF VAJRAKILAYA
DIPTI
Style of Densatil Monastery, 14th-15th
Estimate: $200,000-300,000
for $189,000
Christie’s New York, September 2022
AN IMPRESSIVELY
18th-early
Estimate: $30,000-50,000
Christie’s New York, September
420%
TOP PRICES FOR INDIAN AND HIMALAYAN ART ONLINE
ASIAN ART WEEK |
| SEPTEMBER 2022
A RARE GOLD-GROUND PAINTING OF CHAKRASAMVARA
15th century or
Estimate: $6,000-8,000
for $40,320
Christie’s New York, September 2022
672% OF
ESTIMATE
A SILVERED COPPER REPOUSSE DHARMACHAKRA Tibet, 19th century
Estimate: $1,200-1,800 Sold for $40,320
Christie’s New York, September 2022
3,360% OF LOW ESTIMATE
A BRONZE FIGURE OF MAHAKALA Tibet, 18th-19th century
Estimate: $8,000-12,000 Sold for $25,200
Christie’s New York, September 2022
315% OF LOW ESTIMATE
AND
CHAKRA
Century
Sold
HUNTINGTON
YORK
SEPTEMBER 2022
LARGE SCROLL PAINTING OF THE MARKANDEYA PURANA
19th century
Sold for $126,000
2022
OF LOW ESTIMATE
Tibet,
later
Sold
LOW
ONLINE
ONLINE SALE SUCCESS
Christie’s
Christie’s
NEW YORK | SEPTEMBER 2022
is the market leader for online sales of Asian Art. Our September Asian Art Week included four online sales whereas our closest competitor only offered two. These online sales complemented our live auctions of Chinese Works of Art, Japanese and Korean Art, and Southeast Asian and Himalayan Art.
online sale performance in H1 2022 is up 292% from H1 2019, indicating that clients are transacting with us at the highest levels online. Our online sale format offers access and visibility to clients who are new to Christie’s—67% of all new buyers enter through online sales. ONLINE SALES | SEPTEMBER 2022 | SUMMARY CHRISTIE'S SOTHEBY’S SALE TOTAL $3.9 million $2.2 million MARKETSHARE 64% 36% % SOLD OF LOW ESTIMATE 172% 99% % SOLD OF HIGH ESTIMATE 115% 69% MARKET SHARE ONLINE SALES | SEPTEMBER 2022 36% $2.2 MILLION 64% $3.9 MILLION CHRISTIE’S SOTHEBY’S
David Drabkin
online sale exhibition
MARKETING FOR A VIRTUAL AUDIENCE GREATER REACH THROUGH TECHNOLOGY | CHINESE WORKS OF ART COLLECTING GUIDES CONTENT FEATURESVIRTUAL EXHIBITIONS 1K VISITORS TO ASIAN ART WEEK VIRTUAL TOUR 20K+ VISITORS TO ASIAN ART WEEK COLLECTING GUIDES 14K+ VISITORS TO ASIAN ART WEEK CONTENT FEATURES Christie’s clients are increasingly interacting with us digitally, with 73% of bids placed online in 2022. Our exhibitions are now fully viewable online through virtual tours, which are accessible to international clients around the globe. Our social media presence generates buzz, while our research-focused collecting guides and story-telling narrative content features ensure that audiences of all levels are engaged. In tandem with broad-based marketing strategies, our international team draws on their years of experience and client connections to develop targeted, individual initiatives, resulting in exceptional sell-through rates and great depth of bidding at every price point. The digital marketing techniques of Christie’s brought about record engagement from viewers, clients, and followers alike during Asian Art Week this September. Christie’s September Asian Aer Week sales generated 1,745 viewers on Christie’s LIVE—where individuals can place bids on a live auction from their own device. CHRISTIE’S LIVE 25K+ CLIENTS REACHED 55% AVERAGE OPEN RATE 7X INDUSTRY CLICK-TO-OPEN RATE C EMAIL ENGAGEMENT CHRISTIE’S LIVE 282K+ VIEWERS OF ASIAN ART WEEK CONTENT CLICK THIS SYMBOL TO EXPLORE MORE 71K+ VISITORS TO ASIAN ART WEEK ONLINE PAGES
MARKETING FOR A VIRTUAL AUDIENCE GREATER REACH THROUGH TECHNOLOGY COLLECTING GUIDES CONTENT FEATURES VIRTUAL EXHIBITIONS Christie’s clients are increasingly interacting with us digitally, with 73% of bids placed online in 2022. Our exhibitions are now fully viewable online through virtual tours, which are accessible to international clients around the globe. Our social media presence generates buzz, while our researchfocused collecting guides and story-telling narrative content features ensure that audiences of all levels are engaged. In tandem with broad-based marketing strategies, our international team draws on their years of experience and client connections to develop targeted, individual initiatives, resulting in exceptional sell-through rates and great depth of bidding at every price point. The digital marketing techniques of Christie’s brought about record engagement from viewers, clients, and followers alike during Asian Art Week this September. 1,832 ENGAGEMENTS 1.5X THE AVERAGE ON INSTAGRAM 1,821 REACTIONS 1.5X THE AVERAGE ON INSTAGRAM 57,427 IMPRESSIONS 2X THE AVERAGE ON INSTAGRAM 25K+ CLIENTS REACHED 55% AVERAGE OPEN RATE 7X INDUSTRY CLICK-TO-OPEN RATE C EMAIL ENGAGEMENT SPOTLIGHT ON THE HUNTINGTON 282K+ VIEWERS OF ASIAN ART WEEK CONTENT 71K+ VISITORS TO ASIAN ART WEEK ONLINE PAGES 14K+ VISITORS TO ASIAN ART WEEK CONTENT FEATURES 20K+ VISITORS TO ASIAN ART WEEK COLLECTING GUIDES Christie’s September Asian Aer Week sales generated 1,745 viewers on Christie’s LIVE—where individuals can place bids on a live auction from their own device. CHRISTIE’S LIVE 1K VISITORS TO ASIAN ART WEEK VIRTUAL TOUR CLICK THIS SYMBOL TO EXPLORE MORE
CHRISTIE’S EDGE WITH WECHAT
other auction house in the world can match Christie’s advanced functionality and personalized outreach on China’s super app, WeChat.
With 31% of global spend at Christie’s in 2021 coming from buyers in Asia, outreach to the region is imperative in the current market. Our WeChat Mini
brings clients tailored content and direct contact with Christie’s leadership, allowing our international team to promote specific works to emerging and established collectors alike.
Christie’s has uniquely harnessed the power of WeChat, the ‘super app’ used by over a billion people in China, Hong Kong, and beyond. In 2019, Christie’s became the first and only international auction house to launch a dedicated WeChat Mini-Program and we remain the only international auction house allowing users to bid directly through the App on all lots. In 2021, we saw a 71% increase in users, a 64% increase in page views, and 4X more visitors return to Christie’s WeChat page than industry standard.
Program
No
64% increase in page views 71% growth in users CHRISTIE’S & WECHAT 2021 4X more visitors return to Christie’s WeChat page than the industry standard Scan to visit our WeChat Mini Program 2.3M+ VIEWERS OF ASIAN ART WEEK CONTENT 14K+ VIEWERS TUNED IN TO LIVESTREAM 180K followers on WeChat
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CONFIDENTIAL | © Christie’s 2022