ASIAN ART WEEK
NEW YORK | SPRING 2025
MARKET REPORT
NEW YORK | SPRING 2025
MARKET REPORT
NEW YORK | SPRING 2025
MARKET REPORT
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.
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
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.
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
ART WEEK | SPRING 2025
Presenting the finest works across categories, Christie's ensured competitive bidding and achieved strong prices. Highlights included exceptional results
Qianlong
Leveraging our unrivaled expertise in the category and longstanding market leadership, we outperformed our nearest competitors by nearly every metric.
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:
CHINESE WORKS OF ART
ASIAN ART WEEK
SPRING 2025
13
& 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
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
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
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.
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.
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Located in historic Rockefeller Center, Christie's galleries provide the ideal space for elegant vignettes and museum-quality exhibitions.
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.
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
Innovative marketing and events increased client engagement, bringing both new and old clients of all generations and backgrounds to Christie's Asian Art Week.
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.
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.
30% OF VISITORS TO ASIAN ART WEEK ONLINE CONTENT WERE KNOWN CHRISTIE'S CLIENTS
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.
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.
No other auction house in the world can match Christie’s advanced functionality and personalized outreach on China’s super app, 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
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