Asian Art Week Report_Spring 2025

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ASIAN ART WEEK

NEW YORK | SPRING 2025

MARKET REPORT

CHINESE WORKS OF ART

NEW YORK | SPRING 2025

MARKET REPORT

ASIAN ART WEEK AT A GLANCE

NEW YORK | SPRING 2025

Christie’s expertise across categories led to a highly successful sale week in March. The marquee week achieved a combined total of $60 million, maintaining our position as the market leader in Asian Art.

THE CHRISTIE'S ADVANTAGE

UNPARALLELED COMMITMENT TO ASIAN ART

Undisputed leadership across categories with 52% marketshare against our two closest competitors and over $60 million in sales in spring 2025

Christie’s team of international specialists across categories provides unrivaled expertise in the Asian Art market, hosting Asian Art Week in March and September each year.

Four dedicated specialist departments: Chinese Works of Art; South Asian Modern + Contemporary Art; Indian, Himalayan and Southeast Asian Works of Art; and Japanese and Korean Art—a team unique to Christie's as compared to our closest competitor

The Henderson building—Christie's brand new Asia Pacific headquarters in Hong Kong—further strengthening our ability to serve a rapidly growing audience of Asian collectors

ASIAN ART WEEK

NEW YORK | SPRING 2025

As the world's leading art and luxury business, Christie's unparalleled service, scholarly expertise, and top-quality works are at the core of our business. Leveraging our proprietary client relationships, we drew competitive global bidding across Asian Art Week sales.

436 BIDDERS

155 BIDDERS

EUROPE, MIDDLE EAST, AND AFRICA

This map illustrates bidders active in our March Asian Art Week. The more global clients we engage, the higher the saleroom competition, and the greater financial returns we achieve for our consignors.

6 BIDDERS OCEANIA

This spring, Asian Art Week sales attracted a total of 1,699 registrants and 1,023 bidders and buyers. Of those bidders and buyers, 19% were new to Christie's. We have an unmatched global presence in 46 countries, with 10 salerooms around the world including in London, New York, Paris, Geneva, Dubai, Hong Kong, and Shanghai.

426 BIDDERS ASIA

STRONG RESULTS ACROSS CATEGORIES

ASIAN

ART WEEK | SPRING 2025

BREAKOUT PRICES

TOP LOTS FROM ASIAN ART WEEK | SPRING 2025

Presenting the finest works across categories, Christie's ensured competitive bidding and achieved strong prices. Highlights included exceptional results

Qianlong

IMPORTANT CHINESE FURNITURE

AND WORKS OF ART

ASIAN ART WEEK | SPRING 2025

Leveraging our unrivaled expertise in the category and longstanding market leadership, we outperformed our nearest competitors by nearly every metric.

HIGHLIGHTS

Sotheby’s

CHINESE WORKS OF ART

HISTORIC DOMINANCE IN NEW YORK

Since 2000, Christie’s has captured a 63% market share for Chinese Works of Art.

Christie’s has maintained a superior sell-through rate compared to our nearest competitor for 4 of the past 5 years.

Estimate:

TARGETING BUYERS

CHINESE WORKS OF ART

ASIAN ART WEEK

SPRING 2025

107 BIDDERS

13

BIDDERS

& BUYERS

This map illustrates buyers and bidders active for Chinese Works of Art in spring 2025 in live and online sales in New York. 37%

2 BIDDERS

ESTIMATING FOR SUCCESS

ASIAN ART WEEK | SPRING 2025

Strategically attractive estimates for Chinese Works of Art and Furniture drew in an impressive pool of bidders, leading to exceptional prices on behalf of our clients.

A RARE PALE GREY SANDSTONE STELE OF SEATED BUDDHA

Northern Wei Dynasty, dated by inscription to the first year of Zhengguang, corresponding to AD 520

Estimate: $30,000-50,000

Sold for $201,600

Christie’s New York, March 2025

672% OF LOW ESTIMATE

Neolithic period, Hongshan culture, 4th-3rd Millenium B.C.

Estimate: $15,000-25,000 Sold for $63,000 Christie’s New York, March 2025 420% OF LOW ESTIMATE

A VERY RARE AND FINELY CARVED HUANGHUALI FLOOR SCREEN 17th-18th Century

Estimate: $100,000-150,000

Sold for $2,228,000

Christie’s New York, March 2025

2,228% OF LOW ESTIMATE Late Warring States period, Zhao state, 4th-3rd Century B.C.

Estimate: $8,000-12,000

Sold for $81,900

Christie’s New York, March 2025

1,023% OF LOW ESTIMATE

THE MARKET FOR MING AND QING PORCELAINS

ASIAN ART WEEK | SPRING 2025

Christie’s is the market leader in Ming and Qing dynasty porcelain. This exceptionally successful season saw competitive bidding, resulting in outstanding prices across the category.

The highest price of the week was a magnificent large blue and white and iron-red 'dragon' dish, underscoring the strong demand for ultra-rare, high-quality porcelains from distinguished private collections.

'DRAGON' DISH

Qianlong seal mark in underglaze blue and of the period (1736-1795)

Estimate: $1,200,000-2,500,000

Sold for $2,772,500

Christie’s New York, March 2025

231% OF LOW ESTIMATE

AN UNDERGLAZE-BLUE-DECORATED YELLOWGROUND 'PEACH' DISH

Qianlong seal mark in underglaze blue and of the period (1736-1795)

Estimate: $60,000-80,000

Sold for $138,600

Christie’s New York, March 2025

231% OF LOW ESTIMATE

A VERY RARE DOUCAI 'CHICKEN' BOWL

Yongzheng six-character mark in underglaze blue with a double circle and of the period (1723-1735)

Estimate: $300,000-500,000

Sold for $756,000

Christie’s New York, March 2025

252% OF LOW ESTIMATE

A VERY RARE AND EXCEPTIONAL FAMILLE ROSE 'DAYLILY' CUP

Yongzheng six-character seal mark in underglaze blue within a double circle and of the period (1723-1735)

Estimate: $400,000-600,000

Sold for $1,381,000

Christie’s New York, March 2025

345% OF LOW ESTIMATE

A LARGE AND RARE BLUE AND WHITE 'CHRYSANTHEMUM' DISH

Yongle period (1403-1425)

Estimate: $300,000-500,000

Sold for $655,200

Christie’s New York, March 2025

218% OF LOW ESTIMATE

A SUPERB PEACHBLOOM-GLAZED BEEHIVE-FORM WATER POT, TAIBAI ZUN

Kangxi six-character mark in underglaze blue and of the period (1662-1722)

Estimate: $200,000-300,000

Sold for $554,400

Christie’s New York, March 2025

277% OF LOW ESTIMATE

A VERY RARE COPPER-RED AND CELADONDECORATED LAVENDER-GROUND FACETED 'GRAPES' BOWL

Yongzheng seal mark in underglaze blue and of the period (1723-1735)

Estimate: $80,000-120,000

Sold for $541,800

Christie’s New York, March 2025

677% OF LOW ESTIMATE

CLASSICAL CHINESE FURNITURE

ASIAN

ART WEEK | NEW YORK | SPRING 2025

Christie's is the undisputed market leader for Chinese furniture.

Our longstanding market leadership, proven expertise, and strong relationships with buyers allow us to achieve exceptional prices for Chinese furniture at every price point, with works this season selling on aggregate 289% of low estimate. In comparison, our closest competitor failed to achieve strong results, with works selling on aggregate 35% against the low estimate.

THE MARKET FOR CLASSICAL CHINESE FURNITURE

ASIAN ART WEEK | NEW YORK | SPRING 2025

Strategically estimated works with prestigious provenance inspired eager participation in the sale room this spring.

Christie's leverages multiple methods of bidding—from telephone and online to traditional in-person bidding—strengthening our global reach, and, in turn, encouraging more competitive bidding to achieve exceptional prices.

IMMERSIVE EXHIBITION

ASIAN ART WEEK

|

NEW YORK

|

SPRING 2025

Located in historic Rockefeller Center, Christie's galleries provide the ideal space for elegant vignettes and museum-quality exhibitions.

ENGAGING NARRATIVES: CHINESE FURNITURE FROM PRIVATE COLLECTIONS

ASIAN ART WEEK | SPRING 2025

Christie’s effectively captures the spirit and refined sensibilities of collectors and their collections.

We sold two private American collections of Chinese furniture, each with their distinct vision, this March. Christie’s bespoke narrative celebrated the enterprising vision of each collection. Our successful storytelling abilities created a once-in-a-lifetime collecting opportunity for connoisseurs and collectors across every level of this nuanced market.

SUCCESS WITH ONLINE SALES

ASIAN ART WEEK | ONLINE | SPRING 2025

Our Asian Art Week in March featured three online sales, allowing clients to bid across a longer period of time, leading to higher prices across price ranges.

Chinese paintings sold in our Arts of Asia online sale did exceptionally well this

BESPOKE MARKETING

AND CREATIVE PROMOTION

ASIAN ART WEEK | SPRING 2025

Innovative marketing and events increased client engagement, bringing both new and old clients of all generations and backgrounds to Christie's Asian Art Week.

EXPERT PANEL & LECTURES

Christie's specialists moderated a panel with an architect and interior designer that examined the influence of Chinese furniture on contemporary design and interior spaces.

Robert D. Mowry, the Alan J. Dworsky Curator of Chinese Art Emeritus at the Arthur M. Sackler Museum at Harvard University and a Christie's Consultant, led guests through a tour of the galleries, bringing invaluable knowledge and insight into the works.

BRANDED VIDEO | MING/MODERN

Christie's Marketing team produced a branded video highlighting the high design of classical Chinese furniture. This video was shown in Christie's front-of-house spaces globally and widely disseminated on the company's social media channels.

CURATOR TOUR
Scan to view content
Chinese Works of Art Panel, March 2025
Chinese Works of Art Gallery Tour

30% OF VISITORS TO ASIAN ART WEEK ONLINE CONTENT WERE KNOWN CHRISTIE'S CLIENTS

MARKETING FOR A VIRTUAL AUDIENCE

ASIAN ART WEEK

Christie’s clients are increasingly interacting with us digitally, with 81% of bids placed online in 2024.

Our social media presence generates buzz, while our research-focused collecting guides and narrativedriven content features ensure that audiences of all levels are engaged.

Along 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.

Christie’s digital marketing techniques delivered record engagement with viewers, clients, and followers alike during Asian Art Week this spring.

CONTENT FEATURE
COLLECTION VIDEO
COLLECTING GUIDE

DIGITAL ADVERTISING

ASIAN ART WEEK | SPRING 2025

Our digital advertising utilized a dynamic Key Opinion Leader initiative—a strategic partnering campaign—to harness the scope of targeted platforms and media outlets, and reach discerning collectors in specialized markets.

• Audience reach: Our spring campaign reached tens of thousands of viewers across multiple placements—with one of our key media outlets, The Value, attracting nearly 15,000 article reads—demonstrating Christie’s ability to penetrate significant market segments.

• Engagement rates : Our campaign consistently surpassed engagement expectations. WRKJ performed particularly well, with 28,407 reads, an increase of 46% from the last sale

• Strategic audience interaction: Direct interactions such as article views and engagements not only boosted visibility but also significantly enhanced follow-up actions like bids and inquiries, leading to more competitive bidding and higher prices for consignors.

Our data-driven campaigns allow us to thoughtfully target and engage buyers who are the most likely to bid.

CHRISTIE'S EDGE WITH WECHAT

No other auction house in the world can match Christie’s advanced functionality and personalized outreach on China’s super app, WeChat.

CHRISTIE’S WECHAT

Christie’s has uniquely harnessed the power of WeChat, the super app used by over a billion people in China and beyond. This program allows users to place bids directly through the app on all lots on offer at Christie's, providing a seamless user experience with a low barrier to entry.

Last year was a landmark year in the growth strategy for Christie’s in the Asia Pacific region with the opening of the new regional headquarters at The Henderson in Hong Kong. Our WeChat Mini-Program brings clients tailored content and connects users directly with Christie’s leadership, allowing our international team to promote specific works to emerging and established collectors alike.

In 2025, we have seen 54% of new Asian bidders placing their first bid via the platform. Of WeChat bidders, 73% are Millenials or Gen Z, articulating the app's ability to reach younger collectors.

54%

OF FIRST TIME ASIAN BIDDERS PLACED THEIR INITIAL BID THROUGH WECHAT

630K+ FOLLOWERS ON WECHAT

Scan to visit our WeChat Mini Program

CONFIDENTIAL © CHRISTIE’S 2025

This proposal is the property of Christie’s and is made subject to a written contract signed by all parties. It is provided solely on the basis that it—and the information contained therein—is maintained in strict confidence and is not disclosed to anyone other than your lawyers or financial advisors.

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Asian Art Week Report_Spring 2025 by Christies - Issuu