現代與當代藝術 Modern and Contemporary Art

AUTUMN AUCTION 2025 TAIPEI

拍賣目錄每本售價：NT$2,000

This auction catalogue: US$70 per copy

羅芙奧台北 2025 秋季拍賣會 現代與當代藝術

RAVENEL AUTUMN AUCTION 2025 TAIPEI Modern and Contemporary Art

拍賣日期／地點

2025年11月30日（日）下午 2:00

萬豪酒店

台北市中山區樂群二路199號3樓（博覽廳）

預展日期／地點

台中

2025年11月15日（六）下午1:00至下午6:00

2025年11月16日（日）上午11:00至下午6:00

豐藝館

台中市西區五權西路一段110號B1

台北

2025年11月28日（五）~ 11月30日（日）上午11:00至下午7:00

萬豪酒店

台北市中山區樂群二路199號3樓（博覽廳）

AUCTION

Sunday, November 30, 2025, 2:00pm

Marriott Taipei

Grand Space, 3F, No. 199, Lequn 2nd Road, ZhongShan Dist., Taipei, Taiwan

PREVIEWS

Taichung

Saturday, November 15, 2025, 1:00pm - 6:00pm

Sunday, November 16, 2025, 11:00am - 6:00pm

Fong-Yi Art Gallery

B1, No. 110, Section 1, Wuquan W. Rd., West Dist., Taichung, Taiwan

Taipei

Friday, November 28 - Sunday, November 30, 2025, 11:00am - 7:00pm Marriott Taipei

Grand Space, 3F, No. 199, Lequn 2nd Road, ZhongShan Dist., Taipei, Taiwan

王鎮華 Arthur Wang

董事長 Chairman

傅斐郡 Flora Fu

藝術部 顧問 Consultant, Art Department

林慧菁 Maggie Lin

藝術部 資深副總經理

Senior Vice President, Art Department

林恒如 Nina Lin

藝術部 業務助理

Sales Assistant, Art Department

陳惠黛 Odile Chen

國際藝術部 總經理

Head of International Art Department

陳昱良 Iris Chen

國際藝術部 經理 Manager, International Art Department

羅芙奧台北 2025 春季拍賣會服務部門及連絡人

藝術品諮詢專家

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目錄訂閱

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RAVENEL STAFF AND SERVICES FOR THIS SALE

ART CONSULTANTS

President

Odile Chen

Tel: +886 2 2708 9868 ext. 889

Email: odilechen@ravenel.com

Senior Vice President

Maggie Lin

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Email: maggielin@ravenel.com

PHONE BIDS AND WRITTEN BIDS

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Remarks:

If you are unable to attend the auction in person, you may tender the bid by phone or you may use the absentee bid forms attached at the back of the auction catalogue to tender your bid. Its also possible to bid online for selected lots. Please refer to ravenel.com for more information.

In view of the limited phone line services at the auction, please inform us 24 hours prior to the auction for arrangements. Particularly for those of you who need foreign language assistance of the bidding.

CATALOGUE SUBSCRIPTION

Taiwan

Nina Lin

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Email: ninalin@ravenel.com

Hong Kong．International

Iris Chen

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Email: irischen@ravenel.com

The catalogues are available for subscription. For details of subscription, please refer to the explanations of the catalogue or contact the above persons.

PAYMENT

Caroline Shen

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Payment details are described at the back of the catalogue. Please contact the above person if you need any further information.

COLLECTION AND SHIPPING

Taiwan

Tommy Wu

Tel: +886 2 2708 9868 ext.885

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Hong Kong．International

Iris Chen

Tel: +886 2 2708 9868 ext. 883 +852 9685 9932

Email: irischen@ravenel.com

Remarks:

All the items auctioned may be collected upon receipt of payments. The Buyers are requested to arrange for collection as soon as possible to facilitate warehouse inventory circulation and centralize management. We accept personal and corporate checks, however collection may be made only when such checks are honored. We apologize for no acceptance of traveler's checks. Other items may be collected at the Ravenel Ltd. The business hours are 9:30 am to 6:30 pm, Monday to Friday.

Our professional administration department may make recommendations of arrangement or the most appropriate transportation for you.

Ravenel is glad to provide you with the condition report of any of the items at the auction, however, the buyers must note that all the items at the auction are sold "as is". Please refer to the Transaction Agreement at the back of the catalogue. Please refer to the "Transaction Agreement to the Buyers".

目次 CONTENTS

5

羅芙奧春季拍賣會

Sale Information

7 羅芙奧之服務

Ravenel Services

11

藝術家索引 Index

12

現代與當代藝術

Modern and Contemporary Art

175 給予買家的重要通知 Important Notice to Buyers

177 委託競投表格

Absentee Bid Form

179 業務規則

Transaction Agreement

藝術家索引 INDEX

阿咧

KATHARINA ARNDT 凱薩琳娜．阿恩特 86

BBERNARD BUFFET

貝爾納．畢費

路易．甘

BERNARD CHAROY 貝爾納．夏洛瓦 85

CHEN TING-SHIH 陳庭詩 30, 34, 43

CHEN YIN-HUI 陳銀輝 58

CHEN WEI-TING 陳威廷 92 KILA CHEUNG 章柱基 126 CHIU YA-TSAI 邱亞才 36

TEH-CHUN 朱德群 50 ANDRÉ COTTAVOZ 安德烈．科達沃茲 84

ETSU EGAMI 江上越 12, 16

ALEX FACE 亞歷克斯．費斯 79, 113-114

ALEX FACE x MUE BON 亞歷克斯．費斯 X 穆邦 78 FAN YANG TSUNG 范揚宗 2, 37 ASA GO 吳亞沙 1, 10 RENÉ GENIS 賀內．吉尼斯

HASHIZUME 橋爪悠也

HIBARA 灰原愛 117

YUICHI HIRAKO 平子雄一 6, 15, 21

DAMIEN HIRST 達明．赫斯特 98-99

HSIAO CHIN (XIAO Qin) 蕭勤 44, 57, 60

HSIAO CHU-FANG 蕭筑方 93 HSIEH HSIAO-DE 謝孝德 95 HSU YU-JEN 許雨仁 28

HSU YUNGHSU 徐永旭 119

AVA HSUEH 薛保瑕 65

HUANG Chih-yang 黃致陽 29

POREN HUANG 黃柏仁 118, 127

HUNG YI 洪易 111

DENNIS HWANG 黃志超 32-33

KIRIKO IIDA 飯田桐子 9

JAN CHIN SHUI 詹金水 90

JEONG JINYONG 鄭真蓉 91, 94

JISBAR 吉斯巴 82

JU MING 朱銘 54, 128-129

IZUMI KATO 加藤泉 27, 103-104

JORDY KERWICK 喬迪．科維克 3

SATORU KOIZUMI 小泉悟 17

KUO YEN FU 郭彥甫 62-63

YAYOI KUSAMA 草間彌生 26, 73, 76, 77, 105-109

1MASAHIKO KUWAHARA 桑原正彥 7 KYNE KYNE 22

LI CHEN 李真 55 RICHARD LIN 林壽宇 35 LIN LIANG-TSAI 林良材 116 KASING LUNG 龍家昇 112 LUO FAHUI 羅發輝 89, 96 MARINA 真吏奈 13 GEORGES MATHIEU 喬治．馬修

MOISÉS YAGÜES 莫伊．亞格斯

YAMAGUCHI 山口歷 110 MAYUKA YAMAMOTO 山本麻友香 24, 102 YANG CHIHUNG 楊識宏 45, 59

YUYU YANG 楊英風 121-122

YING-FENG)

ZAO WOU-KI 趙無極 49, 68-69

001

ASA GO (Japanese, b. 1978)

Constructing Forms

2021

Watercolor on paper mounted onto board

45.5 x 38 cm

Signed reverse goasa, titled Constructing Forms in Japanese and dated 2021

NT$ 60,000 - 120,000

HK$ 15,000 - 31,000

US$ 2,000 - 4,000

RMB 14,000 - 28,000

吳亞沙 構築之形 2021

水彩 紙本裱於木板 45.5 x 38 cm

簽名畫背：かたちを組む 2021 goasa

002

FAN YANG TSUNG

(Taiwanese, b. 1982)

Night Club – Diamonds

2013

Acrylic on canvas

25 x 30 cm

Signed stretch bar Fan Yang-Tsung in Chinese and English and dated 2013

PROVENANCE

AKI Gallery, Taipei

Acquired from the above by the present owner

NT$ 60,000 - 90,000

HK$ 15,000 - 23,000

US$ 2,000 - 3,000

RMB 14,000 - 21,000

范揚宗

夜店系列 – 鑽石 2013

壓克力 畫布 25 x 30 cm

簽名畫背框條：范揚宗 Fan Yang-Tsung 2013

來源 也趣藝廊，台北

現有收藏者得自上述來源

003

JORDY

KERWICK

(Australian, b. 1982)

Untitled

2021

Oil pastel on paper

30 × 40 cm

Signed lower left Jordy and dated 2021

This lot is accompanied by a certificate of authenticity signed by the artist.

NT$ 60,000 - 100,000

HK$ 15,000 - 26,000

US$ 2,000 - 3,300

RMB 14,000 - 23,000

喬迪．科維克 無題 2021

油粉彩 紙本 30 x 40 cm

簽名左下：Jordy 2021

附藝術家簽名之原作保證書

004

MAMORU SAKAGAWA

(Japanese, b. 1979)

Untitled

2008

Acrylic on canvas

112.5 x 194.5 cm

Signed reverse M.Sakagawa and dated 2008

PROVENANCE

Galllery J Chen, Taipei

Acquired from the above by the present owner

NT$ 70,000 - 110,000

HK$ 18,000 - 28,000

US$ 2,300 - 3,600

RMB 16,000 - 26,000

坂川守

無題

2008

壓克力 畫布

112.5 x 194.5 cm

簽名畫背：M.Sakagawa 2008

來源

Gallery J Chen，台北

現有收藏者得自上述來源

005

YOSHINO RYOKO

(Japanese, b. 1976)

Teddy Bear

2022

Oil on canvas

23 x 16 cm

Signed reverse Yoshino Ryoko, titled teddy bear and dated 2022

PROVENANCE

Gallery New Shinkuro, Odawara, Kanagawa

NT$ 40,000 - 60,000

HK$ 10,000 - 15,000

US$ 1,300 - 2,000

RMB 9,000 - 14,000

吉野涼子

泰迪熊 2022

油彩 畫布 23 x 16 cm

簽名畫背：teddy bear 2022 Yoshino Ryoko

來源

新九郎畫廊，神奈川縣小田原市

YUICHI HIRAKO

(Japanese, b. 1982)

Memories of My Garden: Reading II

2011

Oil on canvas

27.3 x 22.1 cm

Initialed reverse YH, titled Memories of My Garden

Reading II and dated 2011

This lot is accompanied by a certificate of authenticity issued by Christoffer Egelund Gallery, Copenhagen.

NT$ 70,000 - 140,000

HK$ 18,000 - 36,000

US$ 2,300 - 4,600

RMB 16,000 - 33,000

平子雄一

我記憶中的花園：閱讀 II

2011

油彩 畫布

27.3 x 22.1 cm

簽名畫背：YH 2011 Memories of My Garden Reading II

附丹麥克里斯多福．埃格隆德畫廊開立之 原作保證書

MASAHIKO KUWAHARA

(Japanese, 1959-2021)

Light of the World

2014

Acrylic on canvas

33.3 x 33.3 cm

Signed overlap Kuwahara, titled Light of the World, inscribed 33.3 x 33.3 cm A/C and dated 2014

PROVENANCE

Tomio Koyama Gallery, Tokyo

NT$ 90,000 - 180,000

HK$ 23,000 - 46,000

US$ 3,000 - 5,900

RMB 21,000 - 42,000

桑原正彥 世界之光 2014

壓克力 畫布

33.3 x 33.3 cm

簽名畫布折入處：世の光 33.3 x 33.3 cm A/C 2014 Kuwahara

來源 小山登美夫畫廊，東京

008

TOMOKO NAGAI

(Japanese, b. 1982)

Cat Brooch

2020

Oil on canvas

Diameter: 40 cm

Signed reverse Tomoko Nagai, titled Cat Brooch in Japanese and dated 2020

PROVENANCE

Tomio Koyama Gallery, Tokyo

NT$ 110,000 - 220,000

HK$ 28,000 - 56,000

US$ 3,600 - 7,300

RMB 26,000 - 52,000

長井朋子

貓咪胸針 2020

油彩 畫布

直徑 40 cm

簽名畫背：貓のブローチ 2020 Tomoko Nagai

來源

小山登美夫畫廊，東京

009

KIRIKO IIDA

(Japanese, b. 1970)

Busy Street

2021

Oil on canvas

45.5 x 53 cm

Signed reverse Kiriko Iida and dated 2021

This lot is accompanied by a certificate of authenticity issued by Gallery IDF, Nagoya and signed by the artist.

NT$ 110,000 - 170,000

HK$ 28,000 - 44,000

US$ 3,600 - 5,600

RMB 26,000 - 40,000

飯田桐子

繁忙的街道

2021

油彩 畫布

45.5 x 53 cm

簽名畫背：Kiriko Iida 2021

附IDF畫廊開立與藝術家簽名之原作保證書

010

ASA GO (Japanese, b. 1978)

Weight

2023

Oil on canvas

45.5 x 38 cm

Signed reverse goasa, titled Weight in English and dated 2023

This lot is accompanied by a certificate of authenticity issued by Gallery Tsubaki, Tokyo.

NT$ 110,000 - 220,000

HK$ 28,000 - 56,000

US$ 3,600 - 7,300

RMB 26,000 - 52,000

吳亞沙

惦惦重量 2023

油彩 畫布

45.5 x 38 cm

簽名畫背：Weight 2023 goasa

附東京椿畫廊開立之原作保證書

011

AKIKO SUMIYOSHI

(Japanese, b. 1981)

Parade (Pronghorn)

2021

Mixed media, silver leaf on board 41 x 60 cm

Signed reverse Akiko Sumiyoshi, titled Parade (Giraffe) and dated 2021

With one seal of the artist

This lot is accompanied by a certificate of authenticity issued by Tezukayama Gallery, Osaka.

NT$ 130,000 - 260,000

HK$ 33,000 - 67,000

US$ 4,300 - 8,600

RMB 30,000 - 61,000

住吉明子

叉角羚的巡遊

2021

綜合媒材 銀箔 木板 41 x 60 cm

簽名畫背：Parade (Pronghorn) Akiko Sumiyoshi

2021

鈐印畫背：明

附大阪帝塚山畫廊開立之原作保證書

012

ETSU EGAMI

(Japanese, b. 1994)

Temptation of Brushing Past-2020-005

2020

Oil on canvas

91 x 183 cm

Signed lower right Egami Etsu and dated 2020

This lot is accompanied by a certificate of authenticity issued by Whitestone Gallery, Hong Kong.

NT$ 190,000 - 280,000

HK$ 49,000 - 72,000

US$ 6,300 - 9,200

RMB 44,000 - 66,000

江上越

擦肩而過的誘惑 -2020-005

2020

油彩 畫布

91 x 183 cm

簽名右下：Egami Etsu 2020

附香港白石畫廊開立之原作保證書

013

MARINA

(Japanese, b. 1986)

Momoko Series Start

2025

Acrylic on wooden panel 103 × 72.8 cm

Signed reverse Marina, titled MOMOKO Series Start and dated 2025

NT$ 300,000 - 480,000

HK$ 77,000 - 123,000

US$ 9,900 - 15,800

RMB 70,000 - 112,000

真吏奈

Momoko 系列－起始

2025

壓克力 木板 103 x 72.8 cm

簽名畫背：Marina MOMOKO Series START 2025

014

YUYA HASHIZUME

(Japanese, b. 1983)

Eyewater ver. Short Air Light Pink

2021

Acrylic on canvas

227.3 x 162 cm

Signed left edge Yuya. H.

EXHIBITED

Yuya Hashizume: Eyewater Shanghai, organized by Xu Gallery and Contemporary Tokyo, Powerlong Art Center, Shanghai, October 22-November 22, 2021

NT$ 380,000 - 480,000

HK$ 97,000 - 123,000

US$ 12,500 - 15,800

RMB 89,000 - 112,000

橋爪悠也

眼淚。版本：短髮 空氣感 淺粉色 2021

壓克力 畫布

227.3 x 162 cm

簽名左側：Yuya. H. 展覽 「橋爪悠也」，言午畫廊、當代東京聯合 主辦，寶龍藝術中心，上海，2021年10月 22日至11月22日

015

YUICHI HIRAKO

(Japanese, b. 1982)

Green Master 61

2020

Acrylic canvas

117 x 91 cm

Initialed reverse YH and dated ‘20

PROVENANCE

Gin Huang Gallery, Taichung

NT$ 420,000 - 700,000

HK$ 108,000 -179,000

US$ 13,900 - 23,100

RMB 98,000 - 164,000

平子雄一

綠色大師 61

2020

壓克力 畫布 117 x 91 cm

簽名年代畫背：YH '20

來源

田奈藝術，台中

016

ETSU EGAMI

(Japanese, b. 1994)

Untitled

2021

Oil on canvas

194 x 163 cm

Signed lower left Egami

Dated lower right 2021

PROVENANCE

Whitestone Gallery, Hong Kong

ILLUSTRATED

Etsu Egami: Star Time, Ginza Atrium, Tokyo, 2021,

color illustrated cover

NT$ 420,000 - 550,000

HK$ 108,000 - 141,000

US$ 13,900 - 18,100

RMB 98,000 - 129,000

江上越 無題

2021

油彩 畫布

194 x 163 cm

簽名左下：Egami 年代右下：2021

來源

白石畫廊，香港

圖錄

《江上越：星球時間》，銀座蔦屋書店， 東京，2021，彩色圖版，封面

017

SATORU KOIZUMI

(Japanese, b. 1983)

Portrait of Someone 2

2022

Acrylic on canvas

116.7 x 91 cm

PROVENANCE

AKI Gallery, Taipei

EXHIBITED

Portraits 100 Years On-Satoru Koizumi's Solo Exhibition, AKI Gallery, Taipei, August 5-27, 2023

NT$ 420,000 - 550,000

HK$ 108,000 - 141,000

US$ 13,900 - 18,100

RMB 98,000 - 129,000

小泉悟

某人的肖像 2 2022

壓克力 畫布 116.7 x 91 cm

來源 也趣藝廊，台北

展覽 「100年後的自畫像－小泉悟個展」， 也趣藝廊，台北，展期2023年8月5日至27日

HAN CHOONG-SEOK

(Korean, b 1981)

The Girl I Am Strong

2023

Acrylic on Korean cotton 145 x 112 cm

Signed lower rigt side Choong Seok

NT$ 380,000 - 480,000

HK$ 97,000 - 123,000

US$ 12,500 - 15,800

RMB 89,000 - 112,000

韓忠錫

堅強的女孩 2023

壓克力 韓國棉布 145 x 112 cm

簽名右側下方：Choong Seok

TOMOKO NAGAI

(Japanese, b. 1982)

Miss Painter

2019

Oil on canvas

162.3 x 130.5 cm

Signed stretcher bar Tomoko Nagai and titled Miss Painter in Japanese and dated 2019

This lot is accompanied by a certificate of authenticity issued by Tomio Koyama Gallery, Tokyo.

ILLUSTRATED

Tomoko Nagai: paintings in a Dollhouse, Bijutsu Shuppan-Sha, Tokyo, 2025, color illustrated, p. 84

NT$ 650,000 - 850,000

HK$ 167,000 - 218,000

US$ 21,400 - 28,000

RMB 152,000 - 199,000

長井朋子

畫家小姐 2019

油彩 畫布

162.3 x 130.5 cm

簽名畫背框條：お 描きちやん 2019 Tomoko Nagai

附小山登美夫開立之原作保證書

圖錄

《長井棚子：洋娃娃屋中的繪畫》，美術出版社，東京， 2025，彩色圖板，頁84

TOMOKO NAGAI

(Japanese, b. 1982)

Sawing Box

2015

Mixed media, acrylic on canvas

146 x 90 cm

Signed stretcher bar Tomoko Nagai and titled Sawing Box in Japanese and dated 2015

NT$ 600,000 - 1,200,000

HK$ 154,000 - 308,000

US$ 19,800 - 39,600

RMB 141,000 - 281,000

長井朋子

裁縫箱

2015

綜合媒材 壓克力 畫布

146 x 90 cm

簽名畫背框條：裁縫箱 2015 Tomoko Nagai

YUICHI HIRAKO

(Japanese, b. 1982)

An Idealist 2

2013

Acrylic on canvas

130 x 162 cm

Initialed reverse YH, titled An Idealist 2 and dated 2013

This lot is accompanied by a certificate of authenticity issued by YIRI ARTS, Taipei and signed by the artist.

NT$ 900,000 - 1,400,000

HK$ 231,000 - 359,000

US$ 29,700 - 46,200

RMB 211,000 - 328,000

平子雄一

理想主義者 2

2013

壓克力 畫布

130 x 162 cm

簽名畫背：YH 2013 An Idealist 2 附伊日美學生活開立與藝術家親簽之原作保證書

KYNE

(Japanese, b. 1988)

Untitled

2016

Acrylic on canvas

65.8 x 50.5 cm

Signed reverse KYNE and dated ‘16

PROVENANCE

SBI Auction, Tokyo, October 26, 2019, lot 10

Christie’s, Hong Kong, May 27, 2022, lot 206

Acquired from the above by the present owner

NT$ 950,000 - 1,500,000

HK$ 244,000 - 385,000

US$ 31,300 - 49,500

RMB 222,000 - 351,000

KYNE

無題

2016

壓克力 畫布

65.8 x 50.5 cm

簽名畫背：KYNE '16

來源

SBI 藝術拍賣，東京，2019 年10 月26 日，編號 10

佳士得，香港，2022年5月27日，編號 206

現藏者購自上述拍賣

023

WANG XIAO BO

(Chinese, b. 1974)

Searching for Light No. 73

2020

Oil on canvas

150 x 200 cm

Signed lower right Wang Xiao Bo and dated 2020

NT$ 1,300,000 - 2,200,000

HK$ 333,000 - 564,000

US$ 42,900 - 72,600

RMB 304,000 - 515,000

王曉勃

尋找光明 No.73

2020

油彩 畫布

150 x 200 cm

簽名右下：Wang Xiao Bo 2020

024

MAYUKA YAMAMOTO

(Japanese, b. 1964)

Red Bear Boy

2021

Oil on canvas

145.5 x 97 cm

Signed overlap Mayuka, titled Red Bear Boy and dated 2021

NT$ 1,900,000 - 2,600,000

HK$ 487,000 - 667,000

US$ 62,700 - 85,800

RMB 445,000 - 609,000

山本麻友香

紅熊男孩

2021

油彩 畫布

145.5 x 97 cm

簽名畫布折入處：Red Bear Boy Mayuka 2021

拍品《紅熊男孩》創作於 2021 年，標示著山本麻友香 「動物男孩」系列，歷經二十年悉心培育進化的成果， 呈現出藝術家對於童真、情感與存在的深刻觀照。對照 更早期的作品，可見藝術家不斷提升與精煉繪畫的表達 形式。《紅熊男孩》極致簡約的構圖，最大化渲染中心 人物的情感厚度。細膩筆觸與微妙的色彩層次，微妙地 形塑出的立體空間和光影變化。主角男孩的幼態輪廓， 在藝術家獨特的筆法下顯得朦朧夢幻，將觀者帶入一個 既熟悉又陌生的夢境空間。透過男孩溫柔清晰的目光， 凝視著觀者，喚起內心的柔軟與反思，展現獨到的藝術 語境。

This work marks a significant entry in Mayuka Yamamoto’s long-evolving Animal Boy series, reflecting over two decades of meticulous cultivation and artistic development. It demonstrates Yamamoto

Mayuka’s profound engagement with innocence, emotion, and the nuances of existence. Compared with earlier works, one can trace the continual refinement and advancement of her painterly language. Red Bear Boy employs an exceptionally minimalist composition, amplifying the emotional resonance of its central figure. Delicate brushwork and subtle layers of color intricately articulate volumetric space and nuanced interplay of light and shadow. The boy’s infantile features, rendered in the artist’s distinctive hand, appear dreamlike and ethereal, drawing the viewer into a space that is at once familiar and uncanny. Through his gentle, lucid gaze, the figure meets the viewer’s eye, evoking introspection and tenderness, and revealing a singular artistic sensibility.

YOSHITOMO NARA

(Japanese, b. 1959)

Untitled

2008

Mixed media on paper (envelope)

22.5 x 16 cm

ILLUSTRATED

Yoshitomo Nara: The Complete Works Volume 2, Chronicle Books LLC, San Francisco, 2011, color illustrated, no. D-2008-157, p. 286

NT$ 5,000,000 - 6,000,000

HK$ 1,282,000 - 1,538,000

US$ 165,000 - 198,000

RMB 1,171,000 - 1,405,000

奈良美智

無題

2008

綜合媒材 紙本 ( 信封）

22.5 x 16 cm

圖錄

《奈良美智作品全集第二冊》，編年出版社，舊金山， 2011，彩色圖版，編號D-2008-157，頁286

2008 年 6 月位於英國蓋茨黑德泰恩河南岸的波羅的海當 代藝術中心（BALTIC Centre for Contemporary Art， 簡稱 BALTIC ），舉行奈良美智生涯標誌性重要展覽 「 A-Z Project: BALTIC Castle 」，藝術家與設計團隊 graf 在展場創建「房屋／建築」結構，內部佈置成藝術 家畫室的樣貌。同時間，奧地利梅耶．肯納畫廊舉辦藝 術家個人展覽「 Damm it All 」，今次拍品《無題》即 是該展覽展出之作品。引述其展覽序文：「…他（奈良 美智）筆下柔和的 S 型曲線構成了他筆下巨頭孩童圓 潤的臉頰，幾筆線條勾勒出纖細的身軀，而他們放大的 瞳孔中，流露出憤怒或疑惑的神情。這些『可愛的怪 物』——無論是在畫布上，或以玩具般的造型呈現（例 如羊臉的狗雕塑）——都以夢想與掙扎的姿態穿越人 生。…」

In June 2008, the BALTIC Centre for Contemporary Art in Gateshead, situated on the south bank of the River Tyne, presented A–Z Project: BALTIC Castle, a landmark exhibition in Yoshitomo Nara’s career.

In collaboration with the design collective graf, the artist transformed the exhibition space into a series of house-like architectural structures, each evoking the intimate atmosphere of his studio.

That same year, Galerie Meyer Kainer in Vienna mounted Nara’s solo exhibition Damm it All, from which the present work, Untitled, was featured.

As described in the exhibition text,“S-curves shape the chubby cheeks of his giant-headed kids; just a few lines outline their fragile bodies, and their widened pupils hold angry or questioning expressions. These little monsters—whether painted on canvas or rendered as toy-like sculptures of sheep-faced dogs— box and dream their way through life...”

YAYOI KUSAMA

(Japanese, b. 1929)

Pumpkin

Conceived in 1998; cast in 2012 Bronze, ed. 99/100

27(L) x 27(W) x 28(H) cm

Engraved bottom YAYOI KUSAMA and dated 1998

Inscribed 2012 99/100 FONDERIE DE PARIS

This lot is accompanied by a certificate of authenticity issued by FMR Ltd, Osaka.

NT$ 2,000,000 - 3,600,000

HK$ 513,000 - 923,000

US$ 66,000 - 118,800

RMB 468,000 - 843,000

草間彌生

南瓜

1998年構思，2012年翻鑄

銅雕 版次 99/100

27(長) x 27(寬) x 28(高) cm

簽名雕刻：YAYOI KUSAMA 1998

鑄造者雕刻：2012 99/100 FONDERIE DE PARIS

附FMR Ltd.開立之作品保證書

「南瓜」題材來自於草間彌生的童年，在戰爭時期草間 的家種滿了南瓜；她說「小時候在家裡植物採種場玩， 摘下來的南瓜會跟我說話。」「南瓜外型實在太可愛 了…吸引我的是它脂粉未施的大肚子，還有強大的精神 安定感。」

1998 年草間彌生認識了原本在法國從事傳統版畫的弗 蘭克．里瓦 Frank Riva ，他娶了大阪女子 Misa 為妻，以 夫妻名字縮寫成立公司— FMR Trading Limited （ Les Editions d'FMR ）。草間與里瓦彼此理念契合，後來展 開多次合作計畫，特別是草間期待能與巴黎藝壇交流： 如與巴黎鑄幣廠（La Monnaie de Paris）打造知名桌上 型銅雕南瓜，以及利摩日Limoges五色陶瓷南瓜組。

Inspiration for the "pumpkin" theme originated from Yayoi Kusama's childhood. During the war, Kusama's home was filled with pumpkins. She said, "When I was a child I used to play in the plant nursery outside my house. The pumpkins I picked would talk to me. The shape of a pumpkin is way too cute…what attracts me is its bare swollen belly, and the strong sense of mental stability".

In 1998, Kusama met Frank Riva, who was making traditional prints in France. He was married to Misa, a woman from Osaka, and he founded a company using their initials as the name: FMR Trading Limited (Les Editions d'FMR). Kusama and Riva had matching ideals, and they collaborated several times. Specifically, Kusama wished to engage in exchanges with the Paris art scene. For example, she collaborated with La Monnaie de Paris and created the famous desk-top version of the bronze pumpkin sculptures. She also created the Limoges fivecolor ceramic pumpkin sets.

IZUMI KATO

(Japanese, b.1969)

Untitled

2018

Coral, wood, acrylic, stainless steel, wooden base

8(L) x 6(W) x 39(H) cm (sculpture)

8(L) x 8(W) x 10(H) cm (base)

Signed back Kato in Chinese and English and dated 2018

NT$ 1,600,000 - 2,600,000

HK$ 410,000 - 667,000

US$ 52,800 - 85,800

RMB 375,000 - 609,000

加藤泉

無題

2018

珊瑚 木 壓克力 不鏽鋼 木台座

雕塑：8(長) x 6(寬) x 39(高) cm

底座：8(長) x 8(寬) x 10(高) cm

簽名後方: 2018 KATO 泉

加藤泉出生於日本島根縣，畢業於武藏野藝術大學造型 學科。 2005 年參加由日本協會在美國紐約展出的《小 男孩：日本爆發的次文化藝術》後他便開始嶄露頭角； 兩年後，受邀參加了威尼斯雙年展。直到三十歲，發現 自己對藝術仍然心存探索，於是開始繼續繪畫。其創作 風格也從象徵性轉變為「更人性化的形式和面孔」，以 「生命體」為主題，從動物、植物、昆蟲以及人類自身 形態中獲取靈感，創作了一系列立體、繪畫作品。他的 作品不拘泥於創作媒介，充滿了原始和神秘的力量。

Born in the Shimane Prefecture, Izumi Kato graduated from the Department of Scenography, Display and Fashion Design at the Musashino Art University College of Art and Design. At university. When he turned 30, he began painting again after realizing that he still longed for artistic exploration. His style of creation also shifted from symbolism to "more humane forms and faces. With "life forms" as the theme, he drew inspiration from animals, plants, insects and human forms to create a series of threedimensional works and paintings. Full of a primitive and mysterious power, his works are not limited to a particular medium.

028

HSU YU-JEN

(Taiwanese, b. 1951)

Stone and Flower in Bloom

2007

Ink on paper

178 x 91.5 cm

Signed bottom right Hsu Yu-jen in Chinese, initialed H.Y.J , dated 2007, and inscribed in Chinese: A stone fell from the sky and stood upon the earth. A flower bloomed, leaves unfurled. With the spring mist, the heart, tender and moist—how beautiful it feels.

PROVENANCE

Acquired directly from the artist by the present owner

NT$ 70,000 - 100,000

HK$ 18,000 - 26,000

US$ 2,300 - 3,300

RMB 16,000 - 23,000

許雨仁

石頭花開

2007

墨 紙

178 x 91.5 cm

簽名題識下方：有一天天上掉了一個石頭 頂在地上 忽然花就開了 葉就生了

許雨仁 H.Y.J. (16) 2007 春霧來了

內心溫溫濕濕真好啊

來源

現有收藏者直接購自藝術家本人

029

HUANG CHIH-YANG

(Taiwanese, b. 1965)

Lover’s Library No.3

1999

Ink on silk mounted onto board

243 x 122 cm

Signed lower center Chih-yang in Chinese, Dominigue + Vincent in English and inscribed Taipei 99 No. 3

With one seal of the artist

EXHIBITED:

Lover’s Library, Hanart TZ Gallery, Hong Kong, 1999

Lover’s Library, Ethan Cohen Gallery, New York, 2000

Lover’s Library, Hanart TZ Gallery, Taipei, 2001

ILLUSTRATED:

Modern Art, Taipei Fine Arts Museum, Taipei, 2004 April

Lover’s Library, Taipei Hanart Gallery, Taipei, 2005

NT$ 100,000 - 200,000

HK$ 26,000 - 51,000

US$ 3,300 - 6,600

RMB 23,000 - 47,000

黃致陽

戀人絮語 No.3

1999

彩墨 絹 木板

243 x 122 cm

簽名中下：Dominigue + Vincent 致陽 Taipei 99 No. 3

鈐印中下：黃志陽 Huang Chih-yang 戀人絮語

Lover's Library

展覽

「戀人絮語」，漢雅軒，香港，1999

「戀人絮語」，伊桑．科恩畫廊，紐約，2000

「戀人絮語」，漢雅軒，台北，2001

圖錄

《現代美術》雜誌，台北市立美術館，台北，

2004年4月

《戀人絮語》，台北漢雅軒，台北， 2005年

030

CHEN TING-SHIH

(Taiwanese, 1913-2002 )

Fish Pond

1975

Ink and color on paper 71 x 71 cm

Signed upper left Ting-Shih and dated Summer 1975 in Chinese

With one seal of the artist

NT$ 80,000 - 160,000

HK$ 21,000 - 41,000

US$ 2,600 - 5,300

RMB 19,000 - 37,000

陳庭詩

魚塘

1975

彩墨 紙本 71 x 71 cm

款識左上：臺南安平魚塘所見殊可入畫也 乙卯初夏庭詩

鈐印左上：陳 (朱文)

031

SHIY DE-JINN

(Taiwanese, 1923-1981)

Landscape

1980

Watercolor on paper

56.5 x 76 cm

Signed lower left Shiy De-jinn in Chinese and dated 1980

NT$ 110,000 - 220,000

HK$ 28,000 - 56,000

US$ 3,600 - 7,300

RMB 26,000 - 52,000

席德進

風景

1980

水彩 紙本

56.5 x 76 cm

簽名左下：1980 席德進

032

DENNIS HWANG

(Taiwanese, 1941-2025)

Cat and Butterflies

1984

Ink and color on paper 67 x 97 cm

Signed lower right Dennis Hwang in Chinese and dated 1984

With two seals of the artist

ILLUSTRATED

Dennis Hwang-The World of Red, Yellow, Blue and Green: Works on Paper, Yves Rivière Publishing Company, Paris, 1993, color illustrated, p. 22

NT$ 100,000 - 200,000

HK$ 26,000 - 51,000

US$ 3,300 - 6,600

RMB 23,000 - 47,000

黃志超 貓蝶圖 1984

彩墨 紙本 67 x 97 cm

簽名右下：志超 Hwang 1984

鈐印右下：黃志超 鈐印左下：風漢 圖錄 《志超畫集：紅黃藍綠話乾坤》，伊夫．赫維耶 出版公司，巴黎，1993年，彩色圖版，頁22

033

DENNIS HWANG

(Taiwanese, 1941-2025)

Flower Meanings

1989

Acrylic on paper

94 x 60.5 cm

Signed lower right Chi-Chao in Chinese, Hwang in English and dated 1989

ILLUSTRATED

Dennis Hwang-The World of Red, Yellow, Blue and Green: Works on Paper, Yves Rivière Publishing Company, Paris, 1993, color illustrated, p. 49

NT$ 110,000 - 220,000

HK$ 28,000 - 56,000

US$ 3,600 - 7,300

RMB 26,000 - 52,000

黃志超

花語

1989

壓克力 紙本 94 x 60.5 cm

簽名右下：志超 Hwang 1989

圖錄

《志超畫集：紅黃藍綠話乾坤》， 伊夫．赫維耶出版公司，巴黎， 1993年，彩色圖版，頁49

034

CHEN TING-SHIH

(Taiwanese, 1913-2002)

Day and Night #42

1979

Woodcut, ed. 4/40

61 x 122 cm

Signed lower right Chen Ting-Shih, dated Oct.1979

Titled lower left Day and Night #42 and number ed. 4/40

PROVENANCE

Lungmen Art Gallery, Taipei

Moon River Fine Art, Taipei

Private collection, Taiwan

EXHIBITED

Chen Ting-Shih: Sound of Rarity Retrospective Exhibition, Taipei Fine Arts Museum, Taipei, September 28-December 15, 2002

Abstruse Principles – Modern Art Exhibition by Chen TingShih, NYCU Arts Center, Hsinchu, February 24-March 23, 2014

ILLUSTRATED

Chen Ting-Shih: Sound of Rarity, Taipei Fine Arts Museum, Taipei, 2002, color illustrated, p. 234

NT$ 240,000 - 360,000

HK$ 62,000 - 92,000

US$ 7,900 - 11,900

RMB 56,000 - 84,000

陳庭詩

晝與夜＃ 42

1979

版畫 版次 4/40

61 x 122 cm

簽名右下：Chen Ting-Shih Oct.1979

題識左下：Day and Night #42 4/40

來源

龍門藝術中心，台北

雲河藝術中心，台北

私人收藏，台灣

展覽

「大律希音－陳庭詩紀念展」，台北市立美術 館，台北，展期自2002年9月28日至12月15日

(另一版次)

「玄機－陳庭詩現代藝術創作展」，交通大學 藝文空間，新竹，2014年2月24日至3月23日

(另一版次)

圖錄

《大律希音－陳庭詩紀念展》，台北市立美術 館，台北，2002，頁234 (另一版次)

035

RICHARD LIN (LIN SHOW-YU)

(Taiwanese, 1933-2011)

Work on Paper

2008

Mixed media on paper

39.4 x 55 cm

Signed lower right Lin and dated 2008

PROVENANCE

Polys, Hong Kong, March 31, 2019, lot 188

Acquired from the above by the present owner

ILLUSTRATED

Homage to Master: One is Everything: 50 Year of Work by Richard Lin, Kaohsiung Museum of Fine Arts, Kaohsiung, 2010, color illustrated, p. 211

NT$ 320,000 - 550,000

HK$ 82,000 - 141,000

US$ 10,600 - 18,100

RMB 75,000 - 129,000

林壽宇

紙上作品

2008

綜合媒材 紙本

39.4 x 55 cm

簽名右下：Lin 2008

來源

保利，香港，2019年3月31日，編號188

現有收藏者購自上述來源

圖錄

《向大師致敬系列：一即一切：林壽宇50年 創作展》，高雄市立美術館，高雄，2010， 彩色圖版，頁221

036

CHIU YA-TSAI

(Taiwanese, 1949-2013)

Chuffy with Luck

1989

Oil on canvas

80 x 65.5 cm

Signed lower right Chiu Ya-tsai in Chinese ILLUSTRATED

Chiu Ya-tsai, Goethe Art Center, Taichung, 2006, color illustrated, p.147

NT$ 220,000 - 400,000

HK$ 56,000 - 103,000

US$ 7,300 - 13,200

RMB 52,000 - 94,000

邱亞才 福相

1989

油彩 畫布

80 x 65.5 cm

簽名右下：亞才

圖錄

《邱亞才》，哥德藝術中心，台中， 2006，彩色圖版，頁147

037

FAN YANG TSUNG

(Taiwanese, b. 1982)

Swimming Pool Series: The Dripping Droplets

2020

Acrylic on canvas

90 x 80 cm

Signed on the reverse Fang Yang Tsung in Chinese and English and dated Summer 2020

This lot is accompanied by a certificate of authenticity issued by AKI Gallery, Taipei.

NT$ 320,000 - 420,000

HK$ 82,000 - 108,000

US$ 10,600 - 13,900

RMB 75,000 - 98,000

范揚宗

泳池系列—緩緩滑落的水珠 2020

壓克力 畫布 90 x 80 cm

簽名畫背：范揚宗 Fang Yang Tsung 2020 夏 附台北也趣藝廊開立之原作保證書

PANG JIUN

(Taiwanese, b. 1936)

Romantic Pink

2010

Oil on canvas

91 x 72.7 cm

Signed lower right Pang Jiun in Chinese and dated 2010

With one seal of the artist

PROVENANCE

Sotheby’s, Hong Kong, Oct 3, 2011, lot 724

Acquired from the above by the present owner

EXHIBITED

Inheritance and Refinement of Art - Pang Xunqin, Qiu Di, Pang Jiun, Chi Hong, Pang Yao, Art Museum of Beijing Fine Art Academy, Beijing, May 18-June 14, 2011

ILLUSTRATED

Inheritance and Refinement of Art - Pang Xunqin, Qiu Di, Pang Jiun, Chi Hong, Pang Yao, Culture and Art Publishing House, Beijing, 2011, color illustrated, p. 256

This lot is accompanied by a certificate of authenticity issued and signed by the artist

NT$ 800,000 - 1,200,000

HK$ 205,000 - 308,000

US$ 26,400 - 39,600

RMB 187,000 - 281,000

龎均

粉色的浪漫

2010

油彩 畫布

91 x 72.7 cm

簽名右下：龎均2010

手繪鈐印右下：均

來源

蘇富比，香港，2011年10月3日，拍賣編號724

現有收藏者購自上述來源

展覽

「藝術的傳承與昇華－龎薰琹、丘堤、龎銚、

籍虹、龎均五人展」，北京畫院美術館，北 京，2011年5月18日至6月14日

圖錄 《藝術的傳承與昇華－龎薰琹、丘堤、龎銚、 籍虹、龎均五人展》，文化藝術出版社，北 京，2011，彩色圖版，頁256

附藝術家簽名之原作保證書

039

TZU-CHI YEH

(Taiwanese, b. 1957)

The Ninth Day of the Lunar New Year, Ruisui II

2015-2016

Tempera and oil on linen

50.8 x 76.2 cm

Signed lower right Tzu-Chi in Chinese and dated 2015-16

This lot is accompanied by a certificate of authenticity issued by Moon Gallery, Taichung.

NT$ 950,000 - 1,400,000

HK$ 244,000 - 359,000

US$ 31,300 - 46,200

RMB 222,000 - 328,000

葉子奇

年初九．瑞穗 II

2015-2016

卵彩 油彩 亞麻布

50.8 x 76.2 cm

簽名右下：子奇 2015-16

附月臨畫廊開立之原作保證書

040

WANG PAN-YOUN

(Taiwanese, 1908-2017)

Sihang Warehouse (Shanghai)

1973

Oil on canvas

60.5 x 72 cm

Signed lower left Wang P.Y.

PROVENANCE

Collection of Chang Kuei Hsing, Yilan, Taiwan

Acquired from the above by the present owner in 2019

ILLUSTRATED

Paintings by Wang Pan Youn, Eslite Corporation, Taipei, 1991, color illustrated, no. 13, p. 177

NT$ 950,000 - 1,400,000

HK$ 244,000 - 359,000

US$ 31,300 - 46,200

RMB 222,000 - 328,000

王攀元

四行倉庫

1973

油彩 畫布

60.5 x 72 cm

簽名左下：Wang P.Y.

來源 張桂興先生收藏，宜蘭 現有收藏者得自上述來源（2019年）

圖錄

《王攀元畫集》， 誠品股份有限公司，台北， 1991，彩色圖版，編號13，頁177

WANG PAN-YOUN

(Taiwanese, 1908-2017)

Snow of My Hometown

1991

Oil on canvas

60.5 x 72.5 cm

PROVENANCE

Collection of Chang Kuei Hsing, Yilan, Taiwan

Acquired from the above by the present owner in 2019

EXHIBITED

Painting by Wang Pan Youn, Eslite Gallery, Taipei, January 11-February 23, 1992

ILLUSTRATED

Painting by Wang Pan Youn, Eslite Corporation, Taipei, 1991, color illustrated, pp. 146-147

NT$ 950,000 - 1,400,000

HK$ 244,000 - 359,000

US$ 31,300 - 46,200

RMB 222,000 - 328,000

王攀元

故鄉的雪

1991

油彩 畫布

60.5 x 72.5 cm

來源 張桂興先生收藏，宜蘭 現有收藏者得自上述來源（2019年）

展覽

「王攀元個展」，誠品畫廊，台北，

展期自 1992年1月11日至2月23日

圖錄

《王攀元畫集》，誠品股份有限公司， 台北，1991，彩色圖版，頁146-147

042

PANG JIUN

(Taiwanese, b. 1936)

Tainan Scenery Confucius Temple

2013

Oil on canvas

73 x 91.5 cm

Signed lower left Pang Jiun in Chinese and dated 2013

With one painted seal of the artist

NT$ 1,000,000 - 2,000,000

HK$ 256,000 - 513,000

US$ 33,000 - 66,000

RMB 234,000 - 468,000

龎均

台南風景－孔廟

2013

油彩 畫布

73 x 91.5 cm

簽名左下：龎均 2013

手繪鈐印：均

043

CHEN TING-SHIH

(Taiwanese, 1913-2002)

Instantaneous Time (Quadriptych)

1971

Woodblock print on paper, ed. 8/18 (only 14 impressions printed, according to the artist’s records) 124 x 243.2 cm

Signed lower right Chen Ting-Shih, titled lower left

Instantaneous Time and dated Mar. 1971

With a seal of the artist

PROVENANCE

Private Collection, Taiwan

EXHIBITED

The 11th São Paulo Biennial, São Paulo, Brazil, September 4-November 15, 1971

Chen Ting-Shih: 80th Anniversary Retrospective, Taiwan Museum of Art, Taichung, December 25, 1993-March 13, 1994

ILLUSTRATED

Chen Ting-Shih: 80th Anniversary Retrospective, Taiwan Museum of Art, Taichung, 1993, color illustrated, pp. 60-61

Lin Po-shin, ‘Mirror of Modernity: Piecing Together / Installing New Art in Taiwan and Brazil (1957-1973)’, “Journal of NTMoFA 67”, National Taiwan Museum of Fine Arts, Taichung, 2007, color illustrated, no. 23, p. 71

NT$ 1,300,000 - 2,000,000

HK$ 333,000 - 513,000

US$ 42,900 - 66,000

RMB 304,000 - 468,000

陳庭詩

瞬息之流光（四聯幅）

1971

木刻版畫 紙本 8/18

（據藝術家手札記錄，實際僅印製14件）

124 x 243.2 cm

簽名右下：Chen Ting-Shih Mar.1971

鈐印左下：陳

題識左下：Instantaneous Time

來源

私人收藏，台灣

展覽

「第十一屆聖保羅雙年展」，巴西聖保羅，展期1971年9月4日

至11月15日

「陳庭詩八十回顧展」，台灣省立美術館，台中，展期1993年

12月25日至1994年3月13日

圖錄

《陳庭詩八十回顧展》，台灣省立美術館，台中， 1993，彩色圖版，頁60-61

林伯欣，〈現代性的鏡屏：「新派繪畫」在台灣與 巴西之間的拼合/裝置 (1967-1973)〉，《臺灣美術 67》，國立台灣美術館，台中，2007，彩色圖版，

圖23，頁71

044

HSIAO CHIN

(Taiwanese, 1935-2023)

Flying Over the Eternal Garden - 17

1998

Acrylic on canvas

110 x 250 cm

Signed reverse Hsiao Chin and dated 1998

Titled reverse Volare sopra il giardino eterno-17 in ltalian and in Chinese, inscribed Arcylic painting in Chinese and 110 x 250 cm

NT$ 1,800,000 - 2,600,000

HK$ 462,000 - 667,000

US$ 59,400 - 85,800

RMB 422,000 - 609,000

蕭勤

飛越永久的花園 －１ 7

1998

壓克力 畫布

110 x 250 cm

簽名畫背：Hsiao Chin 1998

題釋畫背：飛越永久的花園－17

Volaro sopra il giardino eterno-17

110 x 250 cm 壓克力畫

045

YANG CHIHUNG

(Taiwanese, b. 1947)

Luxuriant

2012

Acrylic on canvas

130 x 260 cm

Signed reverse Chihung Yang, titled Luxuriant and dated 2012

NT$ 1,600,000 - 2,600,000

HK$ 410,000 - 667,000

US$ 52,800 - 85,800

RMB 375,000 - 609,000

楊識宏 茂盛

2012

壓克力 畫布

130 x 260 cm

簽名畫背：Chihung Yang Luxuriant © 2012

046

GEORGES MATHIEU

(French, 1921-2012)

Thor

1965

Oil on canvas

97 x 162 cm

Signed upper left Mathieu and dated 65

EXHIBITED

Hommage à Mathieu, Galerie Elegance, Taipei, December 16-30, 2006

ILLUSTRATED

Georges Mathieu, Galerie Elegance, Taipei, 2006, color illustrated, p. 46

This lot is accompanied by a certificate of authenticity issued by Galerie Elegance, Taipei.

NT$ 2,600,000 - 3,200,000

HK$ 667,000 - 821,000

US$ 85,800 - 105,600

RMB 609,000 - 749,000

喬治．馬修

雷神索爾

1965

油彩 畫布

97 x 162 cm

簽名左上：Thor 65

展覽

「向馬修大師致敬」，愛力根畫廊，台北，

展期2006年12月16至30日

圖錄

《向馬修大師致敬》，愛力根畫廊，台北， 2006年，彩色圖版，頁46

附台北愛力根畫廊開立之原作保證書

Georges Mathieu THOR

喬治．馬修 ｜ 雷神索爾

2025 年 4 月，巴黎鑄幣廠（ Monnaie de Paris ）與龐畢度 中心（ Centre Pompidou ）聯袂策劃「喬治．馬修：筆

觸、速度與動感」（ Georges Mathieu: Gesture, Speed, Movement ）回顧展，全面呈現這位法國抒情抽象巨擘的 創作歷程。自許為「抒情抽象之父」的馬修，以爆發性的 筆勢、精準節奏與書法般流暢速度感著稱。1960年代為其 創作生涯之黃金時期，不僅確立了他在戰後歐洲前衛藝術 的代表地位，也奠定了法國不定形藝術的精神象徵。

此一時期，馬修多次進行現場創作，以疾速揮灑巨幅畫 布，將繪畫轉化為劇場性的行動藝術，極具震撼力，展 現繪畫作為身心合一的能量釋放。 1960 年，巴黎現代藝 術博物館（ Musée d'Art Moderne de Paris ）為其舉辦大 型個展，隨後於 1963 年代表法國參加聖保羅雙年展（ São Paulo Biennial ），獲國際高度矚目。 1965 年獲頒法國藝 術與文學勳章（Ordre des Arts et des Lettres），並積極 倡議重建「法國藝術精神」，其作品於蘇黎世、紐約、東 京、巴西與比利時巡迴展出，影響深遠。

本拍品《雷神索爾》為馬修 1960 年代鼎盛時期之高雅傑 作，充分展現其抒情抽象風格的精髓。畫面以柔和象牙白 作為底色，為整體構圖提供清晰且透亮的空間感；鮮黃筆 觸如雷霆般橫掃而過，氣勢磅 礴 ，既奔放又不失節制，精 準呈現馬修對速度與手勢控制的高度掌握。畫面右側紅、 白、藍三色交錯成藝術家標誌性的動勢符號，彷彿將觀者 的目光引向運動的軌跡，使畫布充滿律動感與視覺張力。

墨色寬帶穿梭其中，既點綴畫面又以靜制動，巧妙平衡整 體明快的基調，使快、慢之間形成張力與和諧共存的節 奏。作品題名取自北歐神話雷神 Thor，不僅喚起力量、速 度與超越的象徵意涵，也呼應馬修繪畫中那股雷霆般的巨 大能量與瞬間爆發的創作儀式感。

In April 2025, the Monnaie de Paris, in collaboration with the Centre Pompidou, presented the comprehensive retrospective Georges Mathieu: Gesture, Speed, Movement, showcasing the full trajectory of this towering figure of French Lyrical Abstraction. Self-styled as the “Father of Lyrical Abstraction,” Mathieu was celebrated for his explosive brushwork, precise rhythmic structures, and the fluid, calligraphic speed of his gestures. The

1960s represent the golden decade of his career, a period that solidified his position as a leading figure in postwar European avant-garde art and as a symbolic exponent of French Art Informel.

During this period, Mathieu frequently executed painting performances, rapidly applying pigment to vast canvases in front of audiences, transforming the act of painting into a theatrical performance of energy and intensity. His works from this era epitomize the release of psychic and physical energy in a singular, unified artistic gesture. In 1960, the Musée d’Art Moderne de Paris mounted a major solo exhibition, followed by Mathieu’s representation of France at the 7th São Paulo Biennial in 1963, earning him international acclaim. In 1965, he was awarded the Ordre des Arts et des Lettres, and actively advocated for the revival of a distinctly “French artistic spirit.” His works were subsequently shown in Zurich, New York, Tokyo, Brazil, and Belgium, extending his influence across the global art scene.

This lot, Thor, exemplifies Mathieu’s refined mastery during the pinnacle of his 1960s production. The canvas is set against a soft ivory ground, creating a clear, luminous spatial field. Sweeping strokes of vivid yellow strike across the surface like bolts of lightning, simultaneously bold and controlled, demonstrating Mathieu’s command over speed and gesture. On the right, red, white, and blue linear motifs intersect, forming the artist’s signature kinetic symbols and guiding the viewer’s eye along the implied trajectories, infusing the composition with rhythm and visual tension. Bands of deep black thread through the canvas, providing accents that temper the dynamic movement with moments of stillness, balancing a dialogue of acceleration and repose. The title, drawn from the Norse god Thor, evokes power, velocity, and transcendence, resonating with the thunderous energy and instantaneous, ritualistic force that characterize Mathieu’s performance-driven approach to painting.

BERNARD BUFFET

(French, 1928-1999)

Delphiniums bleus

1964

Oil on canvas

81 x 54 cm

Signed lower left Bernard Buffet and dated 64

PROVENANCE

Galerie David et Garnier, Paris

Findlay Galleries, Chicago

Leslie Hindman Inc., Chicago

Galerie Elegance, Taipei

Acquired from the above by the present owner

This lot is accompanied by a certificate of authenticity issued by Galerie Garnier, Paris.

NT$ 2,600,000 - 4,000,000

HK$ 667,000 - 1,026,000

US$ 85,800 - 132,000

RMB 609,000 - 937,000

貝爾納．畢費 藍飛燕

1964

油彩 畫布

81 x 54 cm

簽名左下：Bernard Buffet 64

來源 大衛與賈尼耶畫廊，巴黎 芬德雷畫廊，芝加哥 萊斯利．辛德曼拍賣，芝加哥 愛力根畫廊，台北 現有收藏者得自上述來源 附賈尼耶畫廊開立之作品保證書

1957 至 1964 年間，畢費與妻子安娜貝爾（ Annabel

Buffet ）定居於普羅旺斯的弓之莊園（ Le Château l'

Arc ），這段歲月成為藝術家創作生涯中的黃金時期。南 法的明媚陽光與豐饒景致，緩解了他早年畫作中瀰漫的陰 鬱氛圍，使筆下題材轉向生活感與情感溫度兼具的靜物與 花卉系列。

《藍飛燕》不僅呈現畢費在造型與構圖上的純熟掌握，更 象徵他個人生命中一段恬靜而充實的篇章。花瓶中飛燕草 的挺拔與生氣，既是對自然的讚頌，也是對人心信念的映 照。透過這件作品，觀者得以窺見藝術家從孤寂的內省者 蛻變為對生命充滿熱情的詩人，展現出他在戰後現代藝術 史中獨樹一幟的美學高度。

Between 1957 and 1964, Buffet and his wife, Annabel, resided in the sun-drenched countryside of Provence at the Château l’Arc. This tranquil period marked a golden

chapter in his artistic journey. The radiant southern light and fertile landscape softened the somber austerity of his earlier compositions, leading him toward still lifes and floral subjects imbued with intimacy and warmth. Delphiniums Bleus was conceived during these years—a work that channels both the serenity of his surroundings and the painter’s confident maturity.

Delphiniums bleus stands as a testament to Buffet’s consummate control of form and composition, as well as to the harmony he achieved between intellect and feeling. The upright grace of the flowers embodies both a tribute to nature and a reflection of human resilience. Through this serene yet spirited still life, Buffet reveals himself not merely as an observer of the external world, but as a poet of existence—transforming solitude into lyrical celebration, and affirming his enduring place in the history of postwar modern art.

MARC CHAGALL

(Russian-French, 1887-1985)

Scène de village

1982

Tempera on board

40 x 30.3 cm

Signed lower left Marc Chagall

PROVENANCE

O'Hara Gallery, New York

NT$ 17,000,000 - 24,000,000

HK$ 4,359,000 - 6,154,000

US$ 560,900 - 791,800

RMB 3,981,000 - 5,621,000

「色彩是一切。當色彩正確時，形體也就 正確了。色彩如音樂般充滿震動；萬物皆 是震動 。」

第二次世界大戰結束後，夏卡爾自1950年代起定居於法國 南部濱海小鎮聖保羅－旺斯（ Saint-Paul-de-Vence ）。地 中海的陽光與溫潤氣候，滋養了這位二十世紀最具詩意的 藝術家，為他開啟了恬靜而豐饒的創作晚年。此次秋拍呈 現之《農村景色》，創作於 1982 年，屬於藝術家晚期的 重要代表作。彼時夏卡爾依然筆力不輟，除持續進行繪畫 創作外，亦接受多項大型公共藝術委託——自1964年為巴 黎歌劇院（ Palais Garnier ）創作穹頂壁畫以來， 1967 至 1969年間完成尼斯大學《尤里西斯的信息》（Le message d'Ulysse ）大型馬賽克壁畫，均彰顯其晚年藝術能量的綿 長與創作精神的永恆。1973年，國立夏卡爾聖經信息博物 館（Musée national message biblique Marc Chagall）於 藝術家生日 7 月 7 日正式開幕，更為其一生的藝術信仰劃下 圓滿注腳。

「當馬蒂斯去世後，夏卡爾將是唯一仍真正理解色彩的畫 家……他在旺斯晚期創作的幾件作品，使我相信，自雷諾 瓦以來，沒有人能像夏卡爾那樣對光線有如此敏銳的感 受。」—— 巴布羅．畢卡索（Pablo Picasso）

歷經兩次世界大戰與流亡美國的命運，夏卡爾的創作既是 時代的見證，也是一場關於「愛與信念」的詩篇。他的藝 術語彙融合野獸派的明麗、立體派的結構，以及超現實 主義的夢境象徵，風格不斷蛻變卻始終圍繞著不變的主 題——家鄉、戀人與夢境。他曾表述，自身的藝術語言無

馬克．夏卡爾

鄉村景色

1982

卵彩 纖維板 40 x 30.3 cm

簽名左下：Marc Chagall

來源

奧哈拉畫廊，紐約

比真實。而那是真誠直面生命矛盾與靈魂渴望的真實；在 愛與記憶的光影之間，夏卡爾以色彩化解現實的沉重，讓 夢幻與抒情共存於畫布之上。

夏卡爾的摯愛與靈感繆思貝拉．羅森菲爾德（ Bella Rosenfeld ），是他創作中永恆的主角。正如他在 1931 年 出版的自傳《我的生涯》（ Ma vie ）中所寫：「她的身影 長久以來縈繞著我的繪畫，她是我藝術的核心影像。」畫 面中那對相擁的戀人，往往象徵他與貝拉的靈魂結合，化 為永恆不滅的愛之象徵。

《農村景色》以鮮明的三大面積色塊譜繪出詩意而浪漫的 童話氛圍。暖橘色的鄉村景致如同童年的溫柔記憶，綠色 背景襯托身穿紅衣的新郎與穿白蕾絲的新娘；天際間飄浮 的天使迎來豐盛的花束，為戀人送上祝福。畫面中高懸的 皎潔明月，象徵愛的恆久與靈魂的契合；而公雞與提琴手 的出現，則分別代表法國的精神與藝術家猶太故鄉的文化 根源。現實與夢境、記憶與幻想在畫面中交融，正是夏卡 爾獨有的視覺詩篇——以愛為語言，讓色彩成為心靈的共 鳴。

After the Second World War, Marc Chagall settled in the sun-drenched hilltop village of Saint-Paul-de-Vence in the South of France during the 1950s. Bathed in Mediterranean light and surrounded by the serenity of the Côte d’Azur, the artist entered a period of profound peace and creative plenitude. The idyllic climate and tranquil rhythm of life nourished one of the most poetic figures of twentieth-century art, ushering in a luminous and contemplative final chapter in his career.

MARC CHAGALL SCÈNE DE VILLAGE, 1982

馬克．夏卡爾《馬戲團之樂》1983 油彩 蛋彩 畫布 80 x 115.6 cm 佳士得紐約，2025年5月12日，編號73A，成交金額 US$ 3,438,000

Marc Chagall, La joie au cirque, 1983, oil and tempera on canvas 80 x 115.6 cm

Christie's New York, May 12, 2025, lot 73A, US$ 3,438,000 sold

Painted in 1982, Scène de village stands as a significant work from Chagall’s mature period. Even at the venerable age, he remained indefatigably devoted to his craft, continuing to paint with unwavering vitality while accepting major public commissions that expanded his artistic legacy. Among these were the monumental ceiling for the Palais Garnier in Paris (1964) and the mosaic mural Le message d’Ulysse (1967–1969) for the University of Nice. In 1973, the Musée National Message Biblique Marc Chagall was inaugurated on his birthday, 7 July—an enduring monument to the artist’s lifelong faith in art and spirituality.

“When Matisse dies, Chagall will be the only painter left who really understands what color is... Some of the things he has painted in Vence convince me that, since Renoir, no one has had the same feeling for light as Chagall.”— Pablo Picasso

Having lived through two world wars and endured exile in New York during the Nazi occupation, Chagall’s art became both a testimony to history and a poetic meditation on love, faith, and resilience. His pictorial language—shaped by the influences of Fauvism, Cubism, and Surrealism—continued to evolve while remaining anchored in enduring themes of home, lovers, and dreams. “My art is real,” Chagall once declared—not in the sense of mimetic realism, but in its truth to feeling and spirit. His paintings transmute the weight of human experience into chromatic radiance, where color reconciles memory and transcendence, sorrow and joy.

At the centre of Chagall’s imaginative universe stood Bella Rosenfeld, his beloved wife and eternal muse. In his autobiography Ma vie (1931), he wrote, “Her image has always haunted my paintings; she is the central vision of my art.” The embracing lovers that appear so often in his work symbolize the purity of their union—an everlasting emblem of devotion, longing, and grace.

In Scène de village, Chagall orchestrates a lyrical symphony of color to conjure a dreamlike atmosphere of tenderness and celebration. Broad, radiant areas of orange evoke the warmth of childhood memory; the vivid green background intensifies the contrast between the groom in red and the bride in white lace. Hovering above them, an angel descends with a bouquet rendered in effervescent strokes— an offering of divine blessing. The full moon gleams overhead, symbolizing the eternal harmony of love and spirit. Meanwhile, the rooster—emblematic of France—and the wandering fiddler—an echo of Chagall’s Jewish heritage— interweave the realms of reality and reverie.

Ultimately, Scène de village encapsulates the essence of Chagall’s late vision: a universe where love, memory, and colour converge, and where painting itself becomes a hymn to the poetry of the soul.

“Colour is everything. When colour is right, form is right. Colour is vibration like music; everything is vibration.”

Marc Chagall

049

ZAO WOU-KI

(Chinese-French, 1920–2013)

12.10.94

1994

Oil on canvas

100 x 81 cm

Signed lower right Wou-Ki in Chinese and ZAO in French

Signed reverse ZAO Wou-Ki, titled 12.10.94 and inscribed 100 x 81 cm

ILLUSTRATED:

Yves Bonnefy & Gard de Cortanze, Zao Wou-ki, La Difference / Enrico Navarra, Paris, 1998, p. 276

NT$ 28,000,000 - 38,000,000

HK$ 7,179,000 - 9,744,000

US$ 923,800 - 1,253,700

RMB 6,557,000 - 8,899,000

趙無極

12.10.94

1994

油彩畫布

100 x 81 cm

簽名右下：無極 ZAO

簽名畫背：ZAO WOU-KI 12.10.94 100 x 81 cm

圖錄

依夫 波內菲與傑哈德 德 柯坦茲， 《趙無極》，拉 迪斐杭斯與安裡哥

納瓦哈，巴黎，1998，頁276

ZAO WOU-KI 12.10.94

趙無極 ｜ 12.10.94

「我覺得在實體上，兩種藝術表現形式的本 質是一樣的。無論是以畫筆在畫布上揮毫， 還是用手在紙上寫字，都是生命氣息的流 露。它們不需實形也能透露隱義，關於宇宙 的隱義⋯⋯詩最叫我喜歡的，是那遊逸在字 裡行間裡，一種自由的感覺。」

－趙無極

步入 1990 年代，趙無極的創作風格隨著心境的開闊與人生閱 歷的沉澱，進入一種兼具力度與從容的境界。筆下氣韻生動 的無形之力，在畫面中化為開闊無垠的動態節奏；筆勢更為 自在揮灑，色韻則趨於明澈與輕盈。這一時期的作品，不僅 綜融東西方精神，更在詩性與形意之間達至高度平衡，體現 出藝術家追尋「天人合一」的終極美學理想。

趙無極此期筆墨的轉化，既承襲中國文人書寫的詩意傳統， 又融入抽象繪畫的自由語彙。線條由早期的蒼勁轉為舒展， 留白的空間滲入浮雲流靄般的氛圍，使畫面呈現一種呼吸般 的節奏。構圖亦由中軸穩定的聚焦，轉向開放流動的視覺結 構，象徵藝術家心境的豁然開朗與「無我」之境。他不再以 個人意志主宰畫面，而是讓畫作自然而然生成於心手之間， 渾然天成，氣象萬千。

趙無極於 1980 年代後期至 1990 年代間，創作能量豐碩不竭， 國際聲望達至巔峰。 1984 年獲法國文化部長賈克．朗（ Jack Lang ）授予榮譽軍團軍官勳章， 1993 年再由法國總統密特朗 （François Mitterrand）頒贈榮譽勛位，2002年當選法蘭西藝 術院終身院士。 1994 年，更榮獲日本高松宮殿下紀念世界文 化賞（繪畫類）殊榮，而《12.10.94》正創作於他榮獲此獎的 同年十月，堪為此時期精神與藝術成就的寫照。

畫作《12.10.94》採三段式川字型構圖，中央以一道沉鬱的墨 色為軸，如脊樑穩穩支撐畫面，亦似黑龍翔舞於晨曦初啟的 天際。金紅色與粉紫色筆觸層層交織，光影流轉之間映現出 宇宙的生息律動。趙無極以厚薄交錯、虛實並置的筆法，凝 煉出一種深邃而自由的氣韻，展現他於九十年代所臻之精神 高地——筆墨化境，意象無垠。

趙無極《抽象風景27.08.91》油彩 畫布 161 x 99 cm

北京蘇富比，2013年12月01日，編號36，

成交金額 US$ 7,322,372

Zao Wou Ki, Abstract Landscape 27.08.91, oil on canvas 161 x 99 cm

Sotheby's Beijing, December 01, 2013, lot 36, US$ 7,322,372 sold

趙無極《25.5.2001》油彩 畫布 146 x 114 cm

羅芙奧台北，2019年06月02日，編號233，

成交金額 US$1,498,734

Zao Wou Ki, 25.5.2001, oil on canvas 146 x 114 cm

Ravenel Taipei, June 02, 2019, lot 233, US$1,498,734 sold

“In essence, the two forms of artistic expression are the same. Whether painting with a brush on canvas or writing by hand on paper, both are outpourings of life’s breath. They do not require tangible form to reveal their hidden meanings—the meanings of the universe… What I love most about poetry is that sense of freedom wandering between the lines.”

- Zao Wou-Ki

Entering the 1990s, Zao Wou-Ki’s artistic language reached a realm of profound harmony and freedom. His brushwork, once taut and forceful, became increasingly fluid and unrestrained, evoking a sense of expansive vitality and luminous serenity. These works embody the artist’s lifelong pursuit of unity between East and West, and between form and spirit, achieving a poetic balance that resonates with the Daoist ideal of harmony between man and nature.

Zao’s painting in this period fuses the lyrical tradition of Chinese literati ink with the expressive abstraction of Western modernism. His lines soften into graceful undulations; areas of reserve breathe with misty light, as if clouds and vapors drift across the pictorial plane. The once-centered compositions open outward into flowing spatial rhythms, mirroring the artist’s liberated state of mind—an ego dissolved into pure being. No longer bound by form or self, Zao allows the painting to emerge through intuition and breath, as if born of nature itself.

From the late 1980s through the 1990s, Zao’s artistic achievement and international acclaim reached their zenith. He was appointed Officer of the Legion of Honour by French Minister of Culture Jack Lang in 1984, awarded the Commander’s Cross by President François Mitterrand in 1993, and elected a lifetime member of the Académie des Beaux-Arts in 2002. In 1994, he received the prestigious Praemium Imperiale in Painting from Japan’s Prince Takamatsu, and the present work, 12.10.94, was executed in the same month he received this honour—marking a pinnacle of both spiritual and creative maturity.

Composed in a tripartite vertical structure, 12.10.94 centers on a somber band of ink-like black that anchors the composition— its presence at once steady as a spine and dynamic as a dark dragon soaring across the dawn sky. Layers of golden red and soft violet intertwine in radiant motion, evoking the rhythmic pulse of the cosmos. Through a masterful interplay of density and translucency, substance and void, Zao distilled a sense of profound freedom and depth. The work epitomizes the spiritual summit he reached in the 1990s—where brush and ink transcend form, and imagery expands into the boundless.

050

CHU TEH-CHUN

(Chinese-French, 1920-2014)

No. 207

1965

Oil on canvas

54 x 81 cm

Signed lower right Chu Teh-chun in Chinese and CHU TEH-CHUN in English, dated 65

Signed on the reverse CHU TEH-CHUN in English and in Chinese, titled No. 207, inscribed A mon cher ami H. Juin Cordialement and dated 1965

ILLUSTRATED

Chu Teh-chun, Taiwan Xinchang Co., Ltd., Taipei, 2007, color illustrations, p. 437

NT$ 8,000,000 - 12,000,000

HK$ 2,051,000 - 3,077,000

US$ 263,900 - 395,900

RMB 1,874,000 - 2,810,000

朱德群

結構 207 號

1965

油彩 畫布

54 x 81 cm

簽名右下：朱德群 CHU TEH-CHUN 65

簽名畫背：CHU TEH-CHUN 朱德群1965

No.207 A mon cher ami H. Juin Cordialement

朱德群 CHU TEH-CHUN 1965

（題獻給摯友余伯．阮）

圖錄

《朱德群》，台灣馨昌株式會社，台北，2007，

彩色圖版，頁437

No. 207 — Chu Teh-Chun’s Lyrical Abstraction and a Cross-Cultural Friendship

《結構號 207 》朱德群的「凝彩時期」傑作與跨文化友誼

朱德群的油畫作品《結構 207 號》創作於 1965 年，為 「凝彩時期」的重要代表作。此作原為法國知名詩人暨 藝術評論家余伯．阮（ Hubert Juin, 1926-1987 ）的珍 藏，畫背有朱德群親筆題獻，象徵兩人深厚的情誼。

余伯．阮是十九世紀法國文學的研究權威，曾為雨果作 傳，並長期關注當代藝術。他與朱德群於 1960 年前後 相識，當時朱德群正以抽象畫作代表遠東藝術家參與 「巴黎畫派」展覽，由此奠定了他在巴黎的重要地位。

1968 年朱德群受邀參展第十屆巴西聖保羅雙年展，余 伯．阮作為法國代表性藝評家親自為藝術家撰寫介紹 文。余伯．阮不僅多次發表朱德群的評論，十多年後於 1979 年出版的《朱德群專論》中，盛讚其筆觸能捕捉 「曇花一現」的美，認為他成功將中國書法的韻律融入 現代抽象藝術。

「凝彩時期」一詞得自評論家李既鳴教授，描述朱氏 1963-1972 年間的作品：「在所謂的凝彩時期的作品， 朱德群運用中國的陰陽五行的觀念，整個畫面上以深色 為底的話，必然有一小部份非常明亮的淺色，像透過密 集的光線，穿透了萬重煙雲直射眼前，如果以混濁的色 調做整張的主體，則必然可以在畫面上找到一些色彩 清新鮮豔的色塊做主題的訴說… 」。（參閱李既鳴， 〈朱德群的繪畫歷程〉，《美術論叢15：中國—巴黎— 早期旅法中國畫家研究》，台北市立美術館，台北， 1989，頁121）

作品《結構 207 號》正體現了這一特質。色彩深沉而富 於變化，以大面積低調色彩營造出東方山水般的靜謐氛 圍，幽微的色彩與光芒緩緩穿透濃厚雲層，展現朱德群 對陰陽調和、動靜之間的深刻體悟。他以堅實的筆鋒和 自然的律動，將東方的書寫性與西方油彩語言巧妙融 合。

朱德群曾被歐洲評論家譽為「二十世紀的宋朝畫家」， 並廣泛受邀參與國際大展。他在這一時期的創作，既承 載了東西方藝術交融的探索，也映照了藝術家個性中內 斂而深情的一面。《結構 207 號》因此不僅是一幅畫， 更是一段友情、一種文化對話，以及朱德群藝術生涯的 重要印記。

No. 207 stands as a seminal work from Chu TehChun’s “Condensed Color” period. Originally part of the esteemed collection of French poet and art critic Hubert Juin (1926–1987), the painting bears a personal dedication by the artist, a testament to their enduring friendship.

朱德群《紅色構圖149號》1963油彩 畫布 130 x 97 cm

羅芙奧香港，2011年11月28日，編號17，成交金額 US$ 1,376,123

Chu Teh-Chun, Composition No. 149, 1963, oil on canvas 130 x 97 cm

Ravenel Hong Kong, November 28, 2011, lot 17, US$ 1,376,123 sold

朱德群《268號》1967/68 油彩 畫布 150.2 x 300.5 cm

蘇富比香港，2018年09月30日，編號1009，成交金額 US$ 9,672,123

Chu Teh-Chun, No.268, 1967/68, oil on canvas 150.2 x 300.5 cm

Sotheby's Hong Kong, September 30, 2018, lot 1009, US$ 9,672,123 sold

Juin, a leading scholar of 19th-century French literature and biographer of Victor Hugo, was also a keen advocate of contemporary art. He first encountered Chu around 1960, when the artist represented Far Eastern abstractionists in exhibitions of the Young School of Paris, securing his pivotal role in the Parisian art scene. In 1968, when Chu was invited to the 10th São Paulo Biennale, Juin contributed the official introduction as a prominent French critic. Over the years, Juin published numerous commentaries on Chu, and in his 1979 monograph, he lauded the artist’s brushwork for capturing the ephemeral beauty of a “momentary bloom,” highlighting Chu’s masterful integration of the rhythmic vitality of Chinese calligraphy into modern abstract expression.

The term “Condensed Color” period was coined by art critic Professor Li Chi-ming to describe Chu Teh-Chun’s works between 1963 and 1972:“In what I call the Condensed Color period, Chu Teh-Chun’s work embodies the spirit of China’s traditional philosophy of Yin-Yang and the Five Elements (‘Yinyang Wuxing’), which emphasizes the close interaction between humanity and the forces of nature. When the ground color is dark, covering almost the entire canvas, Chu will still leave small areas of exceedingly bright pastel tones. These luminous hues possess an extraordinary density, as if illuminated by a powerful light source piercing through multiple layers of mist and vapor. Conversely, when the main composition is rendered in subdued, muted shades, it is

complemented by small patches of dazzling, saturated color that guide the viewer’s perception of the central motif…” (Li Chi-ming, Chu Teh-Chun’s Road as a Painter, in Fine Art Studies 15: The China–Paris Connection. Studies on the First Generation of Chinese Painters in France, Taipei: Taipei Fine Arts Museum, 1989, p. 121)

No. 207 exemplifies these very qualities. Its rich, nuanced colors create a serene atmosphere reminiscent of traditional Eastern landscapes. Subtle shifts of hue and light gradually penetrate the dense layers of pigment, reflecting Chu TehChun’s profound understanding of Yin-Yang balance and the interplay of stillness and motion. With confident brushwork and natural rhythmic flow, he masterfully integrates the calligraphic sensibility of the East with the expressive language of Western oil painting.

Chu was once hailed by European critics as “a Song Dynasty painter of the 20th century” and was widely invited to participate in major international exhibitions. Works from this period embody his exploration of the dialogue between Eastern and Western artistic traditions while also revealing a quietly passionate side of the artist’s personality. No. 207, therefore, is more than a painting; it represents a lasting friendship, a cultural conversation, and a significant milestone in Chu Teh-Chun’s artistic journey.

051

UGO RONDINONE

(Swiss, b. 1964)

Silver Blue Mountain

2015

Painted stone, stainless steel, artist’s pedestal (unique piece)

70(L) x 42(W) x 160.5(H) cm (including pedestal)

PROVENANCE

Sadie Coles HQ, London

Private collection, London

Sadie Coles HQ, London

Acquired from the above by the present owner

EXHIBITED

Ugo Rodine: Clouds + Mountains + Waterfalls, Sadie

Coles HQ, London, September 11-October 24, 2015

NT$ 6,500,000 - 8,500,000

HK$ 1,667,000 - 2,179,000

US$ 214,500 - 280,400

RMB 1,522,000 - 1,991,000

烏戈．羅迪諾納

銀藍山

2015

石雕上色 不鏽鋼 台座 (單一件)

70(長) x 42(寬) x 160.5(高) cm (含台座)

來源

賽迪HQ畫廊，倫敦

私人收藏，倫敦

賽迪HQ畫廊，倫敦

現有收藏者購自上述來源

展覽

「烏戈．羅迪納：雲、山、瀑」，賽迪HQ畫廊，

倫敦，展期2015年9月11日至10月24日

烏戈．羅迪諾納（Ugo Rondinone）為義裔瑞士當代藝 術家，以詩意及二元論藝術風格，融匯多種表達形式， 探討人類與自然關係同時共生和對立的深刻省思，是當 今最具影響力與話題性的藝術家之一。其著名的「山 脈系列（ Mountain ）」雕塑，以垂直堆疊的巨石為核 心媒介，呼應他家族源自義大利南部石窟古城馬泰拉 （Matera）的個人象徵，與史前巨石文化的一脈傳承。

山脈系列作為藝術家最具代表性的系列之一，該系列作 品無論置於室內展場，或荒漠、草原、城市街道等戶外 場域，這些表面施以人工螢光色彩的自然元素（石頭） 都以強烈的色彩與比例張力，重構觀者對自然與人工的 感知邊界。

Ugo Rondinone, an Italian-Swiss contemporary artist, is renowned for his poetic and dialectical artistic language that weaves together diverse modes of expression to contemplate the coexistence and tension between humanity and nature. Recognized

as one of the most influential and widely discussed artists of his generation, Rondinone has created a distinctive body of work that resonates with both spiritual reflection and material presence.

His celebrated Mountain series—composed of vertically stacked boulders—serves as a personal and cultural symbol, echoing his family’s roots in Matera, the ancient cave city of southern Italy, and recalling the lineage of prehistoric megalithic forms. As one of the artist’s most emblematic series, these vividly hued stone sculptures—painted in fluorescent colors—transform any setting, whether indoors or in vast landscapes such as deserts, grasslands, or urban streets. Through their heightened chromatic contrasts and monumental scale, the works redefine the perceptual boundary between the natural and the artificial, inviting viewers into a meditative encounter with form, color, and space.

052

UGO RONDINONE

(Swiss, b. 1964)

Small White Silver Green Mountain

2019

Painted stone, stainless steel, artist’s pedestal

12.5(L) x 10(W) x 33(H) cm (Sculpture)

18(L) x 18(W) x 12(H) cm (Pedestal) (UR 371)

Signed on the base Ugo Rondinone, titled Small White Silver Green Mountain and dated 2019

EXHIBITED

Esther Schipper in Taipei, PPP / PPAPER Space, Taipei, August 19- September 10, 2021

NT$ 1,900,000 - 2,600,000

HK$ 487,000 - 667,000

US$ 62,700 - 85,800

RMB 445,000 - 609,000

烏戈 ・ 羅迪諾納

小白銀綠之山 2019

石雕上色 不鏽鋼 台座

12.5(長) x 10(寬) x 33(高) cm (雕塑)

18(長) x 18(寬) x 12(高) cm (底座)

簽名底座: Small White Silver Green Mountain Ugo Rondinone 2019

展覽

「施博爾：台北夏季Pop-Up展」，PPP/PPAPER Space，

台北，2021年，展期2021年8月19日至9月10日

053

WILLY VERGINER

(Italian, b.1957)

The Pink Bear 2022

Lindenwood, acrylic color

85(L) x 225(W) x 90(H) cm

EXHIBITED

The Lost Garden-Willy Verginer, AKI Gallery, Taipei, October 1 - 30, 2022

This lot is accompanied by a certificate of authenticity issued by AKI Gallery, Taipei.

NT$ 1,300,000 - 2,200,000

HK$ 333,000 - 564,000

US$ 42,900 - 72,600

RMB 304,000 - 515,000

威利．維傑納 粉紅熊

2022

椴木 壓克力顏料

85(長) x 225(寬) x 90(高) cm

展覽

「失落的花園 威利．維傑納」，也趣藝廊，台北，

展期2022年10月1日至10月30日

附台北也趣藝廊開立之原作保證書

威利．維傑納以木雕為創作核心，運用椴木與蘋果木等 天然材質，在細膩的雕鑿與精準的構圖中，塑造出兼具 詩性與批判性的當代寓言。自 2005 年以來，他發展出 獨具辨識度的形式語彙：將木雕與純色塗飾結合，人物 與動物形象通常採真人比例，以靜態姿態展現沉思或 動態張力，作品曾於第 54 屆威尼斯雙年展（ 2011 ）展 出。其作品兼具工藝精準與觀念敘事，透過細膩雕琢與 色彩局部運用，呈現對社會、文明與生態議題的詩性反 思。維傑納的雕塑作品不僅呈現視覺美感，關注社會與 生態議題，也蘊含深刻的象徵與寓意，以及人性沉思與 社會現象的隱喻。

Willy Verginer centers his practice on wood sculpture, using natural materials such as linden and apple wood. Through meticulous carving and precise

composition, he creates contemporary allegories that are both poetic and critical. Since 2005, he has developed a distinctive visual language, combining wood sculpture with flat, pure color applications. His figures—human and animal—are often rendered in life-size proportions, presenting contemplative stillness or dynamic tension. His works were featured in the 54th Venice Biennale (2011).

Verginer’s sculptures balance technical precision with conceptual narrative, employing delicate carving and selective color to reflect poetically on social, civilizational, and ecological issues. Beyond their visual appeal, his works carry profound symbolism and meaning, offering metaphors for human reflection and broader social phenomena.

054

JU MING

(Taiwanese, 1938-2023)

Living World Series: Swimming

2008

Stainless steel, ed. 2/8

97.4(L) x 49.2(W) x 84.2(H) cm

Engraved on left leg Ju Ming in Chinese, dated 2008 and numbered 2/8

This lot is accompanied by a certificate of authenticity issued by Kalos Gallery, Taipei and signed by the artist.

NT$ 1,200,000 - 2,000,000

HK$ 308,000 - 513,000

US$ 39,600 - 66,000

RMB 281,000 - 468,000

朱銘

人間系列－游泳

2008

不鏽鋼 版次 2/8

97.4(長) x 49.2(寬) x 84.2(高) cm

簽名雕刻左腳側：朱銘 2008 2/8

附真善美畫廊開立與藝術家簽名之作品保證書

055

LI CHEN

(Taiwanese, b. 1963)

Patching the Sky

1999

Bronze and marble, ed. 1/8

25(L) x 25(W) x 73.5(H) cm (including base)

Engraved back of base Li Cheng in English, Li Chen in Chinese, dated 1999 and numbered 1/8

Seal mark lower back Li Chen in Chinese

PROVENANCE

Acquired from the artist by the present owner

NT$ 800,000 - 1,200,000

HK$ 205,000 - 308,000

US$ 26,400 - 39,600

RMB 187,000 - 281,000

李真

補天

1999

銅雕 大理石 版次1/8

25(長) x 25(寬) x 73.5(高) cm (含台座)

簽名雕刻台座後側：Li Cheng 1999 李真 1/8

鈐印雕刻後側下方：李真

來源

現有收藏者直接得自藝術家本人

HSIANG-NING HAN

(Taiwanese, b. 1939)

West Broadway at Prince Street

1974

Acrylic on canvas

173 x 122 cm

Signed verso H.N. HAN, dated 1974 and inscribed “68 x 48“

PROVENANCE

Collection of Indianapolis Museum of Art, Indianapolis, USA Bonhams Skinner, Boston, September 23, 2016, lot 453

EXHIBITED

H.N. Han: A Retrospective (1961-1983), Taipei Fine Arts Museum, Taipei, April 30-June 12, 1994

ILLUSTRATED

H.N. Han: A Retrospective (1961-1983), Taipei Fine Arts Museum, Taipei, 1994, color illustrated, no. 28, p. 50 (dimensions incorrectly listed)

Shih-Ming Pai, The Family Museum: Artist Biography Series | Transcending Time and Space-Han Hsiang-Ning, published by the National Taiwan Museum of Fine Arts (edited and produced by Artist magazine), Taichung, 2023, color illustrated, p. 90 (dimensions incorrectly listed)

We Art All Under the Same Sun: H.N. Han, EJ Contemporary Fine Arts Museum, New Taipei City, color illustrated, p. 90

NT$ 850,000 - 1,200,000

HK$ 218,000 - 308,000

US$ 28,000 - 39,600

RMB 199,000 - 281,000

韓湘寧

西百老匯王子街附近

1974

壓克力 畫布

173 x 122 cm

簽名畫背：H.N. HAN 1974 "68 x 48"

來源

印地安納波利斯美術館舊藏，印第安納波利斯， 美國邦瀚斯斯金納拍賣行，波士頓，2016年9月 23，拍品編號453

展覽

「韓湘寧作品回顧展1961-1993」，台北市立 美術館，台北，展期1994年4月30日至6月12日 圖錄

《韓湘寧作品回顧展 1961-1993》，台北市立

美術館，台北，1994年，彩色圖版，編號28， 頁50（尺寸誤植）

白適銘，《家庭美術館．美術家傳記叢書｜ 跨越．時空．韓湘寧》，國立台灣美術館發行 （藝術家雜誌編輯製作），台中，2023，彩色 圖版，頁90（尺寸誤植）

《同一個太陽 韓湘寧 H.N. Han》，而居當代 美術館，新北市，2024，彩色圖版，頁90

HSIAO CHIN

(Taiwanese, b. 1935-2023)

Il giardino eterno – 59

(The Eternal Garden – 59)

1990

Acrylic on canvas

100 x 130 cm

Signed reverse Hsiao in English, Chin in Chinese, titled Il giardino eterno 59, inscribed 100 x 130 cm and dated 1990

NT$ 800,000 - 1,300,000

HK$ 205,000 - 333,000

US$ 26,400 - 42,900

RMB 187,000 - 304,000

蕭勤

永久的花園－ 59

1990

壓克力 畫布

100 x 130 cm

簽名畫背：Hsiao 勤 90 永久的花園－59 Il giardino eterno – 59 100 x 130 cm

058

CHEN YIN-HUI

(Taiwanese, 1931-2024)

Yellow Guitar

1991

Oil on canvas

90 x 116.5 cm

Signed lower right Yin in Chinese, Chen in English and dated 1991

Titled reverse Yellow Guitar in Chinese ILLUSTRATED

Chen Yinhui's 40 Years of Creation, Taiwan Museum of Arts, Taichung, 1997, color illustrated, p. 63

This lot is accompanied by a certificate of authenticity signed by the artist.

NT$ 550,000 - 650,000

HK$ 141,000 - 167,000

US$ 18,100 - 21,400

RMB 129,000 - 152,000

陳銀輝

黃色吉他

1991

油彩 畫布

90 x 116.5 cm

簽名右下：銀 CHEN '91

題識畫背：30 黃色吉他

圖錄

《陳銀輝創作四十年展》，台灣省立美術館， 台中，1997，彩色圖版，頁63

附藝術家簽名之原作保證書

059

YANG CHIHUNG

(Taiwanese, b. 1947)

Perseverance

2005

Oil on canvas

88 x 115 cm

Signed reverse Chihung Yang, titled Perseverance and dated 2005

PROVENANCE

Poly, Hong Kong, April 6, 2015, lot 195

Acquired from the above by the present owner

ILLUSTRATED

Chihung Yang, Asia Art Center, Taipei, Taiwan, 2006, color illustrated, p. 65

NT$ 460,000 - 700,000

HK$ 118,000 - 179,000

US$ 15,200 - 23,100

RMB 108,000 - 164,000

楊識宏

堅毅 2005

油彩 畫布 88 x 115 cm

簽名畫背：Chihung Yang Perseverance © 2005

來源

保利香港拍賣，2015年4月6日，編號195

現有收藏者購自上述來源

圖錄

《楊識宏》，亞洲藝術中心，台北 ，2006，彩色

圖版，頁 65

HSIAO CHIN

(Taiwanese, 1935-2023)

Il giardino eterno – 77

(The Eternal Garden – 77)

1995

Acrylic on canvas

60 x 100 cm

Signed reverse Hsiao in English, Chin in Chinese, dated 95 in Chinese, titled Il giardino eterno – 77 and inscribed

60 x 100 cm

PROVENANCE

Giò Marconi, Milan

Private collection, Europe

Christie’s, Hong Kong, May 27, 2018, lot 469

Ravenel, Taipei, June 4, 2022, lot 025

Acquired from the above by the present owner

NT$ 460,000 - 550,000

HK$ 118,000 - 141,000

US$ 15,200 - 18,100

RMB 108,000 - 129,000

蕭勤

永恆的花園－ 77

1995

壓克力 畫布

60 x 100 cm

簽名畫背：Hsiao勤 九五 Il giardino eterno – 77

60 x 100 cm

來源

喬．馬克尼畫廊，米蘭 私人收藏，歐洲

佳士得，香港，2018年5月27日，編號469

羅芙奧，台北，2022年6月4日，編號025

現有收藏者購自上述來源

061

PANG JIUN

(Taiwanese, b. 1936)

Houses in Pingxi

1997

Oil on canvas

60 x 50 cm

Signed lower right Pang Jiun in Chinese and dated 1997

With one painted seal of the artist

This lot is accompanied by a certificate of authenticity signed by the artist.

NT$ 380,000 - 550,000

HK$ 97,000 - 141,000

US$ 12,500 - 18,100

RMB 89,000 - 129,000

龎均 平溪之家 1997

油彩 畫布

60 x 50 cm

簽名右下：龎均 1997 手繪鈐印右下：均

附藝術家親筆簽名之原作保證書

062

KUO YEN FU

(Taiwanese, b. 1979)

Suitcase Series — Artist of African Descent

2019

Mixed media on canvas

190 x 120 cm

Signed center right Yen Fu

Signed reverse Kuo Yen Fu in Chinese and English, dated 2019

This lot is accompanied by a certificate of authenticity signed by the artist.

NT$ 240,000 - 360,000

HK$ 62,000 - 92,000

US$ 7,900 - 11,900

RMB 56,000 - 84,000

郭彥甫

非洲裔藝術家 2019

複合媒材 畫布

190 x 120 cm

簽名右方：Yen Fu

簽名畫背：郭彥甫2019 KUO YEN FU

附藝術家簽名之原作保證書

063

KUO YEN FU

(Taiwanese, b. 1979)

Suitcase Series — Repacking and Setting Off

2019

Mixed media on canvas

100 x 80 cm

Signed lower right Kuo Yen Fu

Signed reverse Kuo Yen Fu and dated 2019

This lot is accompanied by a certificate of authenticity signed by the artist.

NT$ 120,000 - 180,000

HK$ 31,000 - 46,000

US$ 4,000 - 5,900

RMB 28,000 - 42,000

郭彥甫 整裝再出發 2019

複合媒材 畫布

100 x 80 cm

簽名右下：Kuo Yen Fu

簽名畫背：Kuo Yen Fu 2019

附藝術家簽名之原作保證書

064

RENÉ GENIS

(French, 1922-2004)

La jatte de champignons

1989

Oil on canvas 54 x 81 cm

Signed lower center René Genis

Signed reverse René Genis

Signed on reverse stretcher bar René Genis and titled La jatte de champignons

This lot is accompanied by a certificate of authenticity issued by Galerie Elegance, Taipei.

NT$ 200,000 - 300,000

HK$ 51,000 - 77,000

US$ 6,600 - 9,900

RMB 47,000 - 70,000

賀內．吉尼斯

盛滿蘑菇的碗

1989

油彩 畫布 54 x 81 cm

簽名下方：René Genis

簽名畫背：René Genis

簽名畫背框條：LA JATTE DE CHAMPIGNONS René Genis

附愛力根畫廊開立之原作保證書

065

AVA HSUEH

(Taiwanese, b. 1956)

To Stretch

2014

Acrylic on canvas

38 x 45.5 cm

Signed reverse Ava Hsueh in Chinese and dated 2014

PROVENANCE

Red Gold Fine Art Gallery, Taipei

Acquired from the above by the present owner

ILLUSTRATED

A Transit Survey Solo Exhibition of Ava Hsueh, Red Gold Fine Art GalleryTaipei, color illustrated, 2014, p. 67

This lot is accompanied by a certificate of authenticity issued by Red Gold Fine Art, Taipei and signed by the artist.

NT$ 130,000 - 190,000

HK$ 33,000 - 49,000

US$ 4,300 - 6,300

RMB 30,000 - 44,000

薛保瑕

延伸

2014

壓克力 畫布

38 x 45.5 cm

簽名畫背：2014 薛保瑕

來源

赤粒畫廊，台北 現有收藏者購自上述來源

圖錄

《經緯測量2014薛保瑕個展》，赤粒藝術， 台北，2014，彩色圖版，頁67

附赤粒畫廊開立與藝術家簽名之原作保證書

066

HOTARU TACHI

(Japanese, b. 1996)

Seascape

2021

Oil Gansai pigment on wood

83.5(L) x 110(W) x 3.6(D) cm

Signed reverse Hotaru Tachi in kanji, titled Seascape and dated 2021

With one seal of the artist

PROVENANCE

ChangTing Gallery, Tokyo

NT$ 160,000 - 200,000

HK$ 41,000 - 51,000

US$ 5,300 - 6,600

RMB 37,000 - 47,000

城螢

海景 2021

油性岩彩顏料 木板

83.5(長) x 110(寬) x 3.6(厚) cm

簽名畫背: 城螢 海景 二0二一年

鈐印畫背: 螢

來源

長亭畫廊，東京

067

HOTARU TACHI

(Japanese, b. 1996)

Smoke Rising in the Desert

2021

Oil Gansai pigment on wood

45.5(L) x 53(W) x 9(D) cm

Signed reverse Hotaru Tachi in kanji, titled Smoke Rising in the Desert in Japanese and dated 2021

With one seal of the artist

PROVENANCE

ChangTing Gallery, Tokyo

NT$ 110,000 - 150,000

HK$ 28,000 - 38,000

US$ 3,600 - 4,900

RMB 26,000 - 35,000

城螢

沙漠中煙霧升起 2021

油性岩彩顏料 木板

45.5(長) x 53(寬) x 9(厚) cm

簽名畫背：城螢 空溪に煙が上がる 二0二一年 鈐印畫背：螢 來源 長亭畫廊，東京

068

ZAO WOU-KI

(Chinese-French, 1920–2013)

Jeux Olympiques, Séoul

1988

Lithograph printed in 7 colors, ed. 36/300 76 x 56 cm

Signed lower right Wou-ki in Chinese, ZAO in French, numbered 36/300. Printed by Atelier Bordas, Paris

Published by the Olympic Committee, Séoul

ILLUSTRATED

Jørgen Ågerup, Zao Wou-Ki The Graphic Work: A Catalogue Raisonné 1937-1995, Edition Heeds Moestrup, 1994, Copenhagen, no. 335, p. 186

NT$ 90,000 - 150,000

HK$ 23,000 - 38,000

US$ 3,000 - 4,900

RMB 21,000 - 35,000

趙無極

漢城奧運會

1988

彩色石版畫 版次 36/300 76 x 56 cm

簽名右下：36/300 無極 ZAO

巴黎 Atelier Bordas 印製

漢城奧林匹克委員會發行

圖錄

喬詹．阿格魯普，《趙無極版畫集1937-1995》， 黑德與莫斯特魯普出版社，哥本哈根，1994，

編號 335，頁186

069

ZAO WOU-KI

(Chinese-French, 1920–2013)

Nocturne

1955

Lithograph printed in 6 colors, EA

37.7 x 49 cm (image)

50 x 65 cm (sheet)

Signed lower right Wou-ki in Chinese and ZAO in French, dated 55

Inscribed lower left Epreuve d’artiste

Printed by E. and J. Desjobert, Paris

Published by l’Oeuvre Gravée, Zurich

ILLUSTRATED

Jørgen Ågerup, Zao Wou-Ki The Graphic Work: A Catalogue Raisonné 1937-1995, Edition Heeds Moestrup, 1994, Copenhagen, no. 93, p. 64

NT$ 100,000 - 160,000

HK$ 26,000 - 41,000

US$ 3,300 - 5,300

RMB 23,000 - 37,000

趙無極

夜曲

1955

彩色石版畫 藝術家試版

37.7 x 49 cm (圖)

50 x 65 cm (紙)

簽名右下：無極 ZAO 55

版次左下：Epreuve d'artiste

巴黎，E. and J. Desjobert 印製；

蘇黎世，l'Oeuvre Gravée 發行

圖錄

喬詹．阿格魯普，《趙無極版畫集1937-1995》，

黑德與莫斯特魯普出版社，哥本哈根，1994，

編號 93，頁64

070

DAIDO MORIYAMA

(Japanese, b. 1938)

Provoke No. 2

1969; printed in 2013

Gelatin silver print (unknown edition)

100 x 150 cm

Signed reverse Daido Moriyama in kanji and Daido in English

PROVENANCE

Lotus Art Gallery, Kaohsiung

EXHIBITED

Daido Moriyama: Memories of a Stray Dog, (organized by Yi&C Home Collection), Lotus Art Gallery, Kaohsiung, December 12, 2013-January 8, 2014

This lot is accompanied by a certificate of authenticity issued by Daido Moriyama Photo Foundation, Tokyo.

NT$ 130,000 - 190,000

HK$ 33,000 - 49,000

US$ 4,300 - 6,300

RMB 30,000 - 44,000

森山大道

挑釁 No. 2

1969年；印製於2013年 明膠銀鹽相紙

100 x 150 cm

簽名背面：森山大道 Daido

來源 荷軒藝術空間，高雄

展覽

「野犬記憶：森山大道2013個人攝影展」

（易雅居主辦），荷軒藝術空間，高雄， 展期2013年12月12日至2014年1月8日

附森山大道攝影基金會開立之作品保證書

071

WU TUNG-LUNG

(Taiwanese, b. 1976)

Symbol-121

2018

Oil on canvas mounted onto board

90 x 90 cm

Signed reverse Wu Tung-Lung in Chinese, titled Symbol-121 in English and dated 2018

PROVENANCE

Double Square Gallery, Taipei

Acquired from the above by the present owner

NT$ 180,000 - 240,000

HK$ 46,000 - 62,000

US$ 5,900 - 7,900

RMB 42,000 - 56,000

吳東龍

符號 -121

2018

油彩 畫布裱於木板

90 x 90 cm

簽名畫背：Symbol-121 吳東龍 2018

來源

双方藝廊，台北

現有收藏者購自上述來源

072

TAKASHI MURAKAMI

(Japanese, b. 1962)

Eye Love SUPERFLAT

2003

Silkscreen, ed. 28/50

60 x 60 cm (image); 74 x 74 cm (sheet)

Signed lower right Murakami, dated 2003 and numbered 28/50

PROVENANCE

Christie's Hong Kong, May 27, 2007 lot 505

Acquired from the above by the present owner

NT$ 320,000 - 550,000

HK$ 82,000 - 141,000

US$ 10,600 - 18,100

RMB 75,000 - 129,000

村上隆

眼睛愛超扁平

2003

絲網版畫 版次 28/50

60 x 60 cm (圖) 74 x 74 cm (紙)

簽名右下：Murakami 03 28/50

來源

佳士得，香港，2007年5月27日，編號505

現有收藏者購自上述來源

073

YAYOI KUSAMA

(Japanese, b. 1929) Meditation

1994

Serigraphy, ed. 11/120

52.8 x 45.4 cm (image)

61 x 53.5 cm (sheet)

Signed lower right Yayoi Kusama

Titled lower center Meditation in kanji, dated 1994 and numbered 11/120

ILLUSTRATED

Yayoi Kusama Prints 1979-2017, Abe Publishing Ltd, Tokyo, 2017, color illustrated, no. 192, p. 117 (different edition)

NT$ 360,000 - 550,000

HK$ 92,000 - 141,000

US$ 11,900 - 18,100

RMB 84,000 - 129,000

草間彌生

暝想 1994

絲網版畫 版次11/120

52.8 x 45.4 cm (圖)

61 x 53.5 cm (紙)

簽名右下：Yayoi Kusama 1994 暝想11/120

圖錄

《草間彌生全版畫1979-2017》，阿部出版社 株式會社，東京，2017，彩色圖版，編號192， 頁117（不同版次）

074

YOSHITOMO NARA

(Japanese, b. 1959)

Flashlight Girl

2002

Color intaglio, ed. AP 6/9

48 x 38 cm

Signed lower right Na in Japanese, dated 2002-’04

Numbered lower left A.P. 6/9

This lot is accompanied by a certificate of authenticity issued by KIDO Press, Inc.,Tokyo.

NT$ 360,000 - 550,000

HK$ 92,000 - 141,000

US$ 11,900 - 18,100

RMB 84,000 - 129,000

奈良美智

手電筒女孩 2002

版畫 版次 AP 6/9

48 x 38 cm

簽名年代右下：な 2002-'04

編號左下：A.P. 6/9

附東京版畫工房開立之作品保證書

075

YOSHITOMO NARA

(Japanese, b. 1959)

Girl in a Box

2001

Screenprint, ed. 63/100

30.5 x 30.5 cm

Signed lower right Na in Japanese, numbered 63/100 and dated 2001

ILLUSTRATED

Yoshitomo Nara: The Complete Works Volume 1, Chronicle Books LLC, San Francisco, 2011, color illustrated, no. E-2001001, p. 310

NT$ 550,000 - 750,000

HK$ 141,000 - 192,000

US$ 18,100 - 24,700

RMB 129,000 - 176,000

奈良美智 箱子中的女孩 2001

版畫 版次 63/100

30.5 x 30.5 cm

簽名版次右下：な 01 63/100

圖錄

《奈良美智作品全集第一冊》，編年出版社， 舊金山，2011，彩色圖版，編號 E-2001-001， 頁310

076

YAYOI KUSAMA

(Japanese, b. 1929)

Butterfly

1985

Silkscreen, A.P.

45.5 x 53 cm (image)

53 x 60.8 cm (sheet)

Signed lower Yayoi Kusama, titled Butterfly, dated 1985 and inscribed A.P.

ILLUSTRATED

Yayoi Kusama Prints 1979-2017, Abe Publishing Ltd., Tokyo, 2017, no. 81, p. 55

NT$ 420,000 - 650,000

HK$ 108,000 - 167,000

US$ 13,900 - 21,400

RMB 98,000 - 152,000

草間彌生

蝶

1985

絲網版畫 版次 A.P.

45.5 x 53 cm (圖)

53 x 60.8 cm (紙)

簽名下方：A.P. Butterfly 1985 Yayoi Kusama

圖錄

《草間彌生全版畫1979-2017》，阿部出版株式會社，

東京，2017，編號81，頁55

YAYOI KUSAMA

(Japanese, b. 1929)

Talks About Love

2011

Silkscreen, P.P. 3/5

31.5 x 40 cm (image)

46 x 56 cm (sheet)

Signed lower center Yayoi Kusama, titled Talks About Love in Japanese, numbered PP. 3/5 and dated 2011

This lot is accompanied by certificate of authenticity issued by FMR Ltd, Osaka.

NT$ 550,000 - 850,000

HK$ 141,000 - 218,000

US$ 18,100 - 28,000

RMB 129,000 - 199,000

草間彌生

戀人絮語 2011

絲網版畫 版次 P.P. 3/5

31.5 x 40 cm (圖)

46 x 56 cm (紙)

簽名下方：Yayoi Kusama

戀の会話 2011 P.P. 3/5

附FMR Ltd.開立之作品保證書

078

ALEX FACE X MUE BON

(Thai, b. 1981) (Thai, b. 1982)

Desolated Vacation

2021

Oil, acrylic on linen

80 × 100 cm

Signed lower right Alex Face and dated 2021

Signed lower left Bon and dated 2021

PROVENANCE

CityCity Gallery, Bangkok

Gallery Ether, Bangkok

This lot is accompanied by certificate of authenticity issued by Gallery Ether, Bangkok.

NT$ 650,000 - 1,000,000

HK$ 167,000 - 256,000

US$ 21,400 - 33,000

RMB 152,000 - 234,000

亞歷克斯．費斯 X 穆邦

荒涼的假期

2021

油畫 壓克力 亞麻布

80 x 100 cm

簽名右下：Alex Face 2021

簽名左下：Bon 2021

來源

城市城市畫廊，曼谷 以太畫廊，曼谷

附以太畫廊開立之原作保證書

079

ALEX FACE

(Thai, b. 1981)

Doubtful Water No.1

2020

Oil, acrylic, spray on linen

80 cm (diameter)

Signed center right Alex Face

This lot is to be sold with a certificate of authenticity issued by CityCity Gallery, Bangkok.

NT$ 550,000 - 750,000

HK$ 141,000 - 192,000

US$ 18,100 - 24,700

RMB 129,000 - 176,000

亞歷克斯．費斯

迷離之水 No.1

2020

油彩 壓克力 噴漆 亞麻布

80 cm (直徑)

簽名中右：Alex Face

附城市城市畫廊開立之作品保證書

080

FELIX TREADWELL

(British, b. 1992)

Lost World

2020

Acrylic on canvas

160.2 x 120.1 cm

PROVENANCE

L21 Gallery, Mallorca

NT$ 320,000 - 420,000

HK$ 82,000 - 108,000

US$ 10,600 - 13,900

RMB 75,000 - 98,000

菲利克斯．崔德威爾 失落的世界

2020

壓克力 畫布

160.2 x 120.1 cm

來源 L21畫廊，馬略卡島

081

MOISÉS YAGÜES

(Spanish, b. 1972)

The Artist

2024

Acrylic on linen 100 x 81 cm

Signed reverse MOISÉS YAGÜES, titled The Artist, dated 2024 and inscribed 100 x 81 cm

NT$ 300,000 - 480,000

HK$ 77,000 - 123,000

US$ 9,900 - 15,800

RMB 70,000 - 112,000

莫伊．亞格斯

大藝術家 2024

壓克力 亞麻布 100 x 81 cm

簽名題識畫背：The Artist 100 x 81 cm

MOISÉS YAGÜES 2024

082

JISBAR

(Jean-Baptiste Launay French, b. 1989)

Hermès Bag 2022

Mixed media on canvas 116 x 89 cm

Signed reverse Jisbar ©, titled HERMÈS BAG, dated 2022 and inscribed 18711884

NT$ 300,000 - 480,000

HK$ 77,000 - 123,000

US$ 9,900 - 15,800

RMB 70,000 - 112,000

吉斯巴

愛馬仕包 2022

綜合媒材 畫布 116 x 89 cm

簽名題識畫背：HERMÈS BAG 2022 Jisbar © 1871884

083

SELEKA MUÑOZ

(Spanish, b. 1982)

Wallflower #7

2023

Oil, charcoal, and spray paint on canvas

80 x 100 cm

EXHIBITED

Seleka Muñoz: Wallflower, Breach Gallery, Miami, October 14-November 11, 2023

NT$ 190,000 - 280,000

HK$ 49,000 - 72,000

US$ 6,300 - 9,200

RMB 44,000 - 66,000

塞萊卡 ・ 穆尼奧斯 壁花七號 2023

油彩 炭筆 噴漆 畫布 80 x 100 cm

展覽 「塞萊卡．穆尼奧斯：壁花」，布里奇畫廊， 邁阿密，展期2023年10月14日至11月11日

084

ANDRÉ COTTAVOZ

(Spanish-French, 1922-2012)

Blue Iris and Lilies

2000s

Oil on canvas

60.5 x 46 cm

Signed lower right Cottavoz

Signed backing board Cottavoz and titled IRIS BLEUS et LYS

This lot is accompanied by a certificate of authenticity issued by Galerie Élégance, Taipei.

NT$ 260,000 - 360,000

HK$ 67,000 - 92,000

US$ 8,600 - 11,900

RMB 61,000 - 84,000

安德烈．科達沃茲

藍色鳶尾與百合 2000年代

油彩 畫布

60.5 x 46 cm

簽名右下：Cottavoz

簽名題識背板：IRIS BLEUS et LYS Cottavoz

附愛力根畫廊開立之原作保證書

BERNARD CHAROY

(French, 1931-2024)

Claire

2005

Oil on canvas

46 x 38 cm

Signed center left Bernard Charoy

Titled reverse CLAIRE

This lot is accompanied by a certificate of authenticity signed by the artist.

NT$ 240,000 - 360,000

HK$ 62,000 - 92,000

US$ 7,900 - 11,900

RMB 56,000 - 84,000

貝爾納．夏洛瓦 克萊兒

2005

油彩 畫布

46 x 38 cm

簽名左下：Bernard Charoy 題識畫背：CLAIRE

附藝術家簽名之作品保證書

086

KATHARINA ARNDT

(German, b. 1981)

Raverboy

2023

Acrylic on canvas

130 x 90 cm

Signed reverse Katharina Arndt, titled Raverboy and dated 2023

EXHIBITED

WHOOP WHOOP by Katharina Arndt, Vin Gallery, Ho Chi Minh, October 27-November 30, 2023

NT$ 190,000 - 280,000

HK$ 49,000 - 72,000

US$ 6,300 - 9,200

RMB 44,000 - 66,000

凱薩琳娜 ・ 阿恩特

派對男孩 2023

壓克力 畫布

130 x 90 cm

簽名題識畫背：Raverboy 2023 Katharina Arndt

展覽

「凱薩琳娜．阿恩特的歡呼」，Vin Gallery，

胡志明市，展期2023年10月27日至11月30日

087 RELOAD

(Spanish, b. 1972) Snoopy Gravitación

2025

Black marquina marble and white marble

71(L) x 43.5(W) x 6(D) cm

Engraved on back Snoopy GRAVITACION RELOAD 2025

NT$ 190,000 - 280,000

HK$ 49,000 - 72,000

US$ 6,300 - 9,200

RMB 44,000 - 66,000

里洛

史努比的引力 2025

馬奎納黑色大理石 白色大理石

71(長) x 43.5(寬) x 6(厚) cm

簽名雕刻背面：SNOOPY GRAVITACION RELOAD 2025

088

YIN QI

(Chinese, b. 1962)

Ocean (Mount Penglai)

2006

Oil on canvas

128 x 150 cm

Signed reverse Yin Qi, titled Ocean (Mount Penglai) in Chinese and dated 2006.3.10

NT$ 90,000 - 150,000

HK$ 23,000 - 38,000

US$ 3,000 - 4,900

RMB 21,000 - 35,000

尹齊

海（蓬萊山）

2006

油彩 畫布

128 x 150 cm

簽名題識畫背：海 2006.3.10 尹齊（蓬萊山）

089

LUO FAHUI

(Chinese, b. 1961)

Rose 2001 No. 15

2001

Oil on canvas

180 x 160 cm

Signed lower right LUO FHUI in Chinese and English and dated 2001

Signed reverse Luo Fahui in Chinese, titled Rose No. 15, dated 2001 and inscribed 180 x 160 cm

EXHIBITED:

The First Chengdu Biennale: Yangban Model Art in China, Chengdu Contemporary Art Museum, December 15, 2001 - January 15, 2002

NT$ 80,000 - 120,000

HK$ 21,000 - 31,000

US$ 2,600 - 4,000

RMB 19,000 - 28,000

羅發輝

玫瑰 2001 No.15

2001

油彩 畫布

180 x 160 cm

簽名右下：2001 LUO FHUI 發輝

簽名題識畫背：羅發輝 2001 玫瑰 No. 15 180 x 160 cm

展覽

「第一屆成都雙年展—樣板架上」，成都 現代美術館，成都，展期2001年12月15日

至2002年1月15日

090

JAN CHIN SHUI

(Taiwanese, b.1953) Tianshan Mountain

1999

Mixed media on canvas 73 x 91 cm

Signed lower left Chin-shui in Chinese and dated 1999

Signed reverse Jan Chin-shui in Chinese, titled Tianshan Mountain in chinese, inscribed 30F and dated 1999

NT$ 80,000 - 160,000

HK$ 21,000 - 41,000

US$ 2,600 - 5,300

RMB 19,000 - 37,000

詹金水 天山 1999

綜合媒材 畫布 73 x 91 cm

簽名左下：金水 1999

簽名畫背：天山 30F 詹金水 1999年

091

JEONG JINYONG

(Korean, b. 1972)

Vestige Authority

2008

Mixed media and ink on paper, mounted onto board

130 x 162 cm

Signed backing board Jeong Jin Yong and titled VESTIGE Authority

Signed lower left side JinYong in Hanja and Korean, dated 08 and inscribed 162 x 130 cm 2008

PROVENANCE

Galllery J Chen, Taipei

Acquired from the above by the present owner

NT$ 60,000 - 120,000

HK$ 15,000 - 31,000

US$ 2,000 - 4,000

RMB 14,000 - 28,000

鄭真蓉

遺跡權威 2008

綜合媒材 水墨 紙 裱於木板

130 x 162 cm

簽名背板：VESTIGE Authority Jeong Jin Yong

簽名左側下方：真蓉 08 162 x 130 cm 2008

정진용作

來源

Gallery J Chen，台北 現有收藏者得自上述來源

092

CHEN WEI-TING

(Taiwanese, b. 1991)

Untitled

2019

Acrylic on canvas

45.5 x 38 cm

Signed reverse Chen Wei-Ting in Chinese and dated 2019

NT$ 50,000 - 100,000

HK$ 13,000 - 26,000

US$ 1,600 - 3,300

RMB 12,000 - 23,000

陳威廷

無題 2019

壓克力 畫布

45.5 x 38 cm

簽名畫背：陳威廷 2019

093

HSIAO CHU-FANG

(Taiwanese, b. 1980)

Oops!

2010

Acrylic on canvas

50 x 50 cm

Signed reverse Hsiao Chu-Fang in Chinese, titled Oops in Chinese, dated 2010 and inscribed 50 x 50 cm

PROVENANCE

Acquired from the artist by the present owner

EXHIBITED

Raining Heavily Inside: 2010 Hsiao Chu Fang Solo Exhibition, Asia Art Centre, Taipei, March 13 -April 11, 2010

NT$ 20,000 - 30,000

HK$ 5,000 - 8,000

US$ 700 - 1,000

RMB 5,000 - 7,000

蕭筑方

歪腰 2010

壓克力 畫布

50 x 50 cm

簽名畫背：〈歪腰〉50 x 50 cm 蕭筑方 2010

來源

現有收藏者直接得自藝術家本人

展覽

「室內下大雨—蕭筑方 2010 個展」，亞洲藝 術中心，台北，展期2010年3月13日至4月11日

094

JEONG JINYONG

(Korean, b. 1972)

A Room 07-L

2007

Mixed media and ink on paper mounted onto board 122 x 101 cm

Signed backing board Jeong Jin Yong in Hanja and English, titled A Room 07-L and inscribed 101 x 122 cm

PROVENANCE

Galllery J Chen, Taipei

Acquired from the above by the present owner

NT$ 30,000 - 60,000

HK$ 8,000 - 15,000

US$ 1,000 - 2,000

RMB 7,000 - 14,000

鄭真蓉

房間 07-L

2007

綜合媒材 水墨 紙裱於木板 122 x 101 cm

簽名背板：鄭真蓉 Jeong Jin Yong A Room 07-L 101 x 122 cm 2007

來源 Gallery J Chen，台北 現有收藏者得自上述來源

095

HSIEH HSIAO-DE

(Taiwanese, b. 1940)

Sun Moon Lake Scenery

2016

Watercolor on paper

79 x 110 cm

Signed lower left Hsieh Hsiao-De in Chinese and dated 2016

NT$ 30,000 - 60,000

HK$ 8,000 - 15,000

US$ 1,000 - 2,000

RMB 7,000 - 14,000

謝孝德

日月潭風光 2016

水彩 紙本

79 x 110 cm

簽名左下：2016 謝孝德

096

LUO FAHUI

(Chinese, b. 1961)

Portrait of a Woman

1998

Oil on canvas

45.5 x 38 cm

Signed lower left LUO FAHUI in English and Chinese and dated 1998

PROVENANCE

Acquired from the artist by the present owner

NT$ 20,000 - 30,000

HK$ 5,000 - 8,000

US$ 700 - 1,000

RMB 5,000 - 7,000

羅發輝

女子像

1998

油彩 畫布

45.5 x 38 cm

簽名左下：1998 LUO FAHUI 羅發輝

來源

現有收藏者直接得自藝術家本人

097

WANG JINSONG

(Chinese, b. 1963)

One Hundred Signs of the Demolition

1998

Chromogenic Print

75 x 50 cm

PROVENANCE

Acquired from the artist by the present owner

NT$ 20,000 - 40,000

HK$ 5,000 - 10,000

US$ 700 - 1,300

RMB 5,000 - 9,000

王勁松

百拆圖

1998

彩色沖印照片

75 x 50 cm

來源

現有收藏者直接得自藝術家本人

098

DAMIEN HIRST

(British, b. 1965)

Spin Painting Butterfly

2009

Acrylic, metallic paint on paper

68 x 52 cm

Printed signature Damien Hirst, stamped with the artist’s copyright and marked with the studio’s blind stamp on the reverse

NT$ 60,000 - 120,000

HK$ 15,000 - 31,000

US$ 2,000 - 4,000

RMB 14,000 - 28,000

達明．赫斯特

蝴蝶旋轉畫

2009

壓克力 金屬塗料 紙本

68 x 52 cm

印刷簽名畫背：Damien Hirst © Damien Hirst

藝術家工作室壓印

099

DAMIEN HIRST

(British, b. 1965)

Spin Painting Circle

2009

Acrylic, metallic paint on paper

52 cm (diameter)

Painted signature reverse Damien Hirst, stamped with the artist’s copyright and marked with the studio’s blind stamp

NT$ 60,000 - 120,000

HK$ 15,000 - 31,000

US$ 2,000 - 4,000

RMB 14,000 - 28,000

達明．赫斯特

圓形旋轉畫

2009

壓克力 金屬塗料 紙本

52 cm (直徑)

印刷簽名畫背：Damien Hirst © Damien Hirst

藝術家工作室壓印

100

TAKASHI MURAKAMI

(Japanese, b.1962)

Kansei: The Golden Age

2009-2010

Offset lithograph, ed. 194/300

70 cm (diameter)

Initialed lower right M in English and numbered 194/300

NT$ 40,000 - 80,000

HK$ 10,000 - 21,000

US$ 1,300 - 2,600

RMB 9,000 - 19,000

村上隆

澗聲：黃金年代

2009-2010

石版畫 版次 194/300

70 cm (直徑)

簽名版次右下：M 194/300

CHIHARU SHIOTA

(Japanese, b. 1972)

Cell

2020

Lithograph, ed. 36/40

65 x 50 cm

Initialed lower right C.S

Numbered lower left 36/40

NT$ 40,000 - 60,000

HK$ 10,000 - 15,000

US$ 1,300 - 2,000

RMB 9,000 - 14,000

塩田千春

細胞

2020

石版畫 版次 36/40

65 x 50 cm

簽名右下：C.S.

簽名左下：36/40

102

MAYUKA YAMAMOTO

(Japanese, b. 1964)

Little Prince Boy

2021

Screenprint, ed. 21/50

56 x 41 cm

This lot is accompanied by a certificate of authenticity issued by Corey Helford Gallery, Los Angeles and signed by the artist.

NT$ 40,000 - 80,000

HK$ 10,000 - 21,000

US$ 1,300 - 2,600

RMB 9,000 - 19,000

山本麻友香

小王子

2021

版畫 版次 21/50

56 x 41 cm

附科里．赫爾福德畫廊畫廊開立與藝術家簽名作品保證書

103

IZUMI KATO

(Japanese, b. 1969)

Untitled 23

2018

Lithograph, thread, ed. 30/36

92 x 50 cm

Signed lower right Kato, dated 2018 and numbered lower left 30/36

NT$ 50,000 - 100,000

HK$ 13,000 - 26,000

US$ 1,600 - 3,300

RMB 12,000 - 23,000

加藤泉

無題 23

2018

石版畫 線 版次 30/36

92 x 50 cm

簽名右下：Kato 2018

版次左下：30/36

104

IZUMI KATO

(Japanese, b. 1969)

Like a Rolling Snowball

2019

Lithograph, ed. 80/300

33 x 25 cm (image)

45.5 x 35.3 cm (sheet)

Signed lower right Kato, dated 2019 and numbered lower left 80/300

With a blind stamp of Idem Paris

PROVENANCE

Acquired from the artist by the present owner

ILLUSTRATED

Published by Idem Paris on the occasion of the exhibition of the same title held at Hara Museum ARC, Gunma, and later a Hara Museum of Contemporary Art, Tokyo, July 2019-January 2020.

NT$ 30,000 - 50,000

HK$ 8,000 - 13,000

US$ 1,000 - 1,600

RMB 7,000 - 12,000

加藤泉

滾動的雪球般

2019

石版畫 80/300

33 x 25 cm (圖)

45.5 x 35.3 cm (紙)

簽名右下：Kato 2019

版次左下：80/300

壓印：Idem Paris

來源

現有收藏者直接得自藝術家本人

圖錄

此作品共300版，由巴黎 Idem Paris 印刷商應

於日本群馬縣原美術館ARC別館及東京原美術

館舉辦的同名（2019年7月至2020年1月）出版

105

YAYOI KUSAMA

(Japanese, b. 1929)

Mirror Box Type A

2001

Screen printed box with mirror, plexiglass, metal balls and lenses, ed. 44/280

Published by Okabe Print Editions Ltd., Kanagawa, Japan

17(L) x 14(W) x 14(H) cm

Signed on the box Yayoi Kusama and numbered 44/280 on the label affixed to the back of the box

NT$ 80,000 - 160,000

HK$ 21,000 - 41,000

US$ 2,600 - 5,300

RMB 19,000 - 37,000

草間彌生

鏡盒：類型 A 2001

絲印油墨盒子 鏡子 有機玻璃 鐵球及鏡片

版次 44/280

日本神奈川縣 Okabe Print Editions Ltd. 出版

17(長) x 14(寬) x 14(高) cm

簽名盒子側面：Yayoi Kusama

編號盒子另一側面標籤：44/280

YAYOI KUSAMA

(Japanese, b. 1929)

Dots Obsession

2011

Mixed media, mirror ed. 253/300

33(L) x 25.2(W) x 4(D) cm

Signed reverse Y. Kusama, titled DOTS OBSESSION, numbered 253/300 and dated 2011

This lot is accompanied by a catalogue raisonné “Yayoi Kusama Prints 1979-2011”, speical edition of 300.

NT$ 80,000 - 160,000

HK$ 21,000 - 41,000

US$ 2,600 - 5,300

RMB 19,000 - 37,000

草間彌生 迷戀圓點 2011

綜合媒材 鏡子 版次 253/300

33(長) x 25.2(寬) x 4 (厚) cm

簽名題識背面：DOTS OBSESSION 2011 Y. Kusama 253/300

附草間彌生全版畫 1979-2011 編年圖錄特別版

限量300本

107

YAYOI KUSAMA

(Japanese, b. 1929)

Pumpkin (Blue)

2002

Porcelain, ed. 54/100

12(L) x 10(W) x 9(H) cm

Signed on bottom Yayoi Kusama, numbered 54/100 and dated 2002

NT$ 260,000 - 360,000

HK$ 67,000 - 92,000

US$ 8,600 - 11,900

RMB 61,000 - 84,000

草間彌生

南瓜 ( 藍 )

2002

瓷器 版次 54/100

12(長) x 10(寬) x 9(高) cm

簽名底部：Yayoi Kusama 2002 54/100

108

YAYOI KUSAMA

(Japanese, b. 1929)

Pumpkin (Black)

2002

Porcelain, ed. 54/100

12(L) x 10(W) x 9(H) cm

Signed on bottom Yayoi Kusama, in English, numbered 54/100 and dated 2002

NT$ 260,000 - 360,000

HK$ 67,000 - 92,000

US$ 8,600 - 11,900

RMB 61,000 - 84,000

草間彌生

南瓜 ( 黑 )

2002

瓷器 版次 54/100

12(長) x 10(寬) x 9(高) cm

簽名底部：Yayoi Kusama 2002 54/100

109

YAYOI KUSAMA

(Japanese, b. 1929)

Pumpkins (a set of 5)

2002

Limoges porcelain, ed. 129/130 11(L) x 10(W) x 8(H) cm (each)

Signed on the bottom Yayoi Kusama in English, numbered 129/130, and dated 2002 (each)

Signed inside box lid Yayoi Kusama, dated 2002 and numbered 129/130 (each)

PROVENANCE

Private collection, France

This lot is accompanied by a certificate of authenticity issued by FMR Ltd, Osaka.

NT$ 550,000 - 850,000

HK$ 141,000 - 218,000

US$ 18,100 - 28,000

RMB 129,000 - 199,000

草間彌生

南瓜（五件一組） 2002

瓷器 版次 129/130 11(長) x 10(寬) x 8(高) cm (每件)

簽名底部：Yayoi Kusama 2002 129/130 (每件)

簽名盒蓋內側：Yayoi Kusama 2002

129/130 (每件)

來源

私人收藏，法國

附FMR Ltd.開立之作品保證書

110

MEGURU YAMAGUCHI

(Japanese, b. 1984)

Shadow Piece No. 8

2019

Acrylic, epoxy resin on wood

143.5(L) x 82.6(W) x 2.5(D) cm

Signed reverse MEGURU YAMAGUCHI, titled Shadow Piece No. 8, and dated 2019

NT$ 650,000 - 750,000

HK$ 167,000 - 192,000

US$ 21,400 - 24,700

RMB 152,000 - 176,000

山口歷

光影篇章 No.8.

2019

壓克力 樹酯 木板

143.5(長) x 82.6(寬) x 2.5(厚) cm

簽名題識畫背："SHADOW PIECE NO. 8"

MEGURU YAMAGUCHI 2019

HUNG YI

(Taiwanese, b. 1970)

The Carp Dragon

2013

Baked enamel, ed. EA. 89(L) x 45(W) x 61(H) cm

Signed left side Huan Yi in Chinese, numbered EA and dated 2013

This lot is accompanied by a certificate of authenticity issued by InSian Gallery, Taipei.

NT$ 460,000 - 550,000

HK$ 118,000 - 141,000

US$ 15,200 - 18,100

RMB 108,000 - 129,000

洪易 餘龍

2013

鋼板烤漆 版次 EA. 89(長) x 45(寬) x 61(高) cm

簽名左側：洪易 EA 2013 附印象畫廊開立之作品保證書

112

KASING LUNG

(Hong Kong, b. 1972)

Zimomo Titan (Labubu, The Monsters)

2020

PVC, ed. 54/100

37(L) × 34(W) × 70(H) cm

Trademark Produced by ©HOW2WORK Kasing

Signed left wing KASING and numbered 54/100

PROVENANCE

HOW2WORK, Hong Kong

Private collection, Japan

This lot is accompanied by a certificate of authenticity and an NFC chip for verification.

NT$ 400,000 - 500,000

HK$ 103,000 - 128,000

US$ 13,200 - 16,500

RMB 94,000 - 117,000

龍家昇

Zimomo 泰坦（拉布布精靈天團）

2020

PVC 版次 54/100

37(長) x 34(寬) x 70(高) cm

註冊商標腳底：©HOW2WORK Kasing

簽名左邊翅膀：Kasing 54/100

來源

HOW2WORK，香港 私人收藏，日本

附有原始盒、保證書和 NFC 晶片認證

僅VVIP有購買資格

113

ALEX FACE (Thai, b. 1981)

Little Fire ; Funny Face (a set of 2)

2021

Acrylic on skateboard deck

78(L) × 20(W) × 4(H) cm (each)

Signed reverse Alex FACE and dated 2021 (each)

NT$ 320,000 - 550,000

HK$ 82,000 - 141,000

US$ 10,600 - 18,100

RMB 75,000 - 129,000

亞歷克斯．費斯 小火；滑稽臉（兩件一組）

2021

78(長) x 20(寬) x 4(高) cm (每件)

壓克力 繪於滑板

簽名畫背：Alex FACE 2021 (每件)

ALEX FACE

(Thai, b. 1981)

Peace for Bangkok

2020

Stainless steel, ed. 5/12

29(L) x 18(W) x 43.8(H) cm

Engraved on right foot Alex Face and numbered 5/12

EXHIBITED

Monument of Hope, CityCity Gallery, Bangkok, October 31-December 27, 2020

NT$ 130,000 - 220,000

HK$ 33,000 - 56,000

US$ 4,300 - 7,300

RMB 30,000 - 52,000

亞歷克斯．費斯

給曼谷的和平

2020

不鏽鋼 版次 5/12

29(長) x 18(寬) x 43.8(高) cm

簽名雕刻右腳：Alex Face 5/12

展覽

「希望紀念碑」，城市城市畫廊，曼谷，

展期2020年10月31日至12月27日

115

REN ZHE

(Chinese, b.1983)

Territory Expansion

2009

Bronze, ed. 3/8

95(L) x 72(W) x 126(H) cm

Engraved on the back leg Ren Zhe in Chinese and English, numbered 3/8

ILLUSTRATED

Ren Zhe-Sculpure Works, Rongbaozhai, Beijing, 2009, color illustrated, pp. 46-51

NT$ 260,000 - 360,000

HK$ 67,000 - 92,000

US$ 8,600 - 11,900

RMB 61,000 - 84,000

任哲

開疆拓土

2009

銅雕 版次 3/8

95(長) x 72(寬) x 126(高) cm

簽名雕刻後腿：任哲 Ren Zhe 3/8

圖錄

《任哲作品集》，榮寶齋出版社， 北京，2009，彩色圖版，頁46-51

LIN LIANG-TSAI

(Taiwanese, b. 1947)

The Way of Heaven

2003

Bronze

58(L) x 48(W) x 160.5(H) cm (without wooden base)

Engraved on the base Liang in Chinese and dated 2003

This lot is accompanied by a certificate of authenticity issued by 99 Degree Art Center, Taipei and signed by the artist.

NT$ 240,000 - 360,000

HK$ 62,000 - 92,000

US$ 7,900 - 11,900

RMB 56,000 - 84,000

林良材

天行健

2003

銅雕

58(長) x 48(寬) x 160.5 (高) cm (不含木座)

雕刻簽名底座：良 2003

附九十九度藝術股份有限公司開立與藝術家簽 名之原作保證書

117

AI HIBARA

(Japanese, b. 1981)

Looking Through the Triangular Window

2022

Camphor wood, acrylic paint

39(L) x 40(W) x 104(H) cm

Signed bottom Ai Haibara and dated 2022

Signed and titled wooden box in Japanese with one seal of the artist

NT$ 240,000 - 340,000

HK$ 62,000 - 87,000

US$ 7,900 - 11,200

RMB 56,000 - 80,000

灰原愛

透過三角形的窗戶 2022

樟木 壓克力彩

39(長) x 40(寬) x 104(高) cm

簽名底座：2022 Ai Haibara

簽名鈐印題識木盒：灰原愛 三角 からのぞい てみたら。

118

POREN HUANG

(Taiwanese, b. 1970)

Snobbery

2005

Bronze, ed. 20/30

17(L) x 23(W) x 40(H) cm

Engraved on the back left PR

Numbered ed on the underside of the foot 20/30

This sculpture is acompanied by a certificate of authenticity issued by Powen Gallery, Taipei and signed by the artist.

NT$ 200,000 - 300,000

HK$ 51,000 - 77,000

US$ 6,600 - 9,900

RMB 47,000 - 70,000

黃柏仁

狗眼看人低

2005

銅雕 版次20/30

17(長) x 23(寬) x 40(高) cm

簽名雕刻左後：PR

版次雕刻足底：30-20

附紅野畫廊與藝術家親筆簽名之作品保證書

119

HSU YUNGHSU

(Taiwanese, b. 1955)

2024-15

2024

Porcelain, unique

35(L) x 29(W) x 43(H) cm

NT$ 180,000 - 280,000

HK$ 46,000 - 72,000

US$ 5,900 - 9,200

RMB 42,000 - 66,000

徐永旭 2024-15

2024

瓷土 單一件

35(長) x 29(寬) x 43(高) cm

120

LOUIS CANE

(French, 1943-2024)

Cerisier d’or

2003

Patinated bronze, ed.1/1 (Unique piece)

18(L) x 16(W) x 26(H) cm

Engraved on the back Cane and numbered 1/1

ILLUSTRATED

Promenade à Paris, Galerie Elegance, Taipei, 2011, color illustrated, p. 46

This lot is accompanied by a certificate of authenticity issued by Galerie Elegance, Taipei.

NT$ 160,000 - 260,000

HK$ 41,000 - 67,000

US$ 5,300 - 8,600

RMB 37,000 - 61,000

路易．甘

金櫻桃樹

2003

銅雕鍍色 版次1/1 (單一件)

18(長) x 16(寬) x 26(高) cm

簽名雕刻後側：Cane 1/1

圖錄

《品味巴黎》，愛力根畫廊，台北，2011年，

彩色圖版，頁46

附愛力根畫廊開立之作品保證書

YUYU YANG (YANG YING-FENG)

(Taiwanese, 1926-1997)

Union with the Universe

1993

Stainless steel, ed. 8/9

37(L) x 37(W) x 103.5(H) cm

Engraved on the base Yuyu YANG in Chinese and English, numbered 8/9 and dated 1993

ILLUSTRATED

Yuyu Yang, Taipei Fine Arts Museum, Taipei, 2005, color illustrated p. 135

Yuyu Yang-Vanguard on Native Soil, Kaohsiung Fine Art Museum, Kaohsiung, 2006, color illustrated, p. 195

This lot is accompanied by a certificate of authenticity issued by Yuyu Yang Foundation, Taipei.

NT$ 110,000 - 220,000

HK$ 28,000 - 56,000

US$ 3,600 - 7,300

RMB 26,000 - 52,000

楊英風

玄通太虛

1993

不鏽鋼 版次 8/9

37(長) x 37(寬) x 103.5(高) cm

簽名雕刻下方：楊英風 Yang '93 8/9

圖錄

《楊英風》，台北市立美術館，台北，2005，彩色圖版， 頁135

《楊英風－站在鄉土上的前衛》，高雄市立美術館， 高雄，2006，彩色圖版，頁195

附財團法人楊英風藝術教育基金會呦呦藝術事業有限公司 開立之作品保證書

YUYU YANG (YANG YING-FENG)

(Taiwanese, 1926-1997)

Flying Dragon in the Sky

1990

Stainless steel, ed. 13/20

45(L) x 50(W) x 62.5(H) cm

Engraved on the tail Ying-Feng in Chinese, numbered 13/20 and dated 1990

This lot is accompanied by a certificate of authenticity issued by Yuyu Yang Foundation, Taipei.

NT$ 110,000 - 220,000

HK$ 28,000 - 56,000

US$ 3,600 - 7,300

RMB 26,000 - 52,000

楊英風 飛龍在天 1990

不鏽鋼 版次 13/20

45(長) x 50(寬) x 62.5(高) cm

簽名雕刻尾巴：'90 英風 13/20

附財團法人楊英風藝術教育基金會呦呦藝術事 業有限公司開立之作品保證書

123

A-LEI

(Taiwanese, b. 1976)

Little Owlboy

2016

Pottery

17.5(L) x 16.5(W) x 23.5(H) cm

Double signed bottom Lei and dated 2016

NT$ 90,000 - 180,000

HK$ 23,000 - 46,000

US$ 3,000 - 5,900

RMB 21,000 - 42,000

阿咧

小貓頭鷹男孩

2016

陶土

17.5(長) x 16.5(寬) x 23.5(高) cm

簽名底部：Lei 2016

AICO TSUMORI

(Japanese, b. 1979)

Bunny (a set of 2)

Ceramic vinyl

12(L) x 9(W) x 14(H) cm

11(L) x 11.8(W) x 18.5(H) cm

Signed AICO TSUMORI and titled Bunny in Japanese on the lid of the wooden box (both)

NT$ 60,000 - 120,000

HK$ 15,000 - 31,000

US$ 2,000 - 4,000

RMB 14,000 - 28,000

津守愛香

兔子 ( 兩件一組 )

陶瓷 彩繪

12(長) x 9(寬) x 14(高) cm

11(長) x 11.8(寬) x 18.5(高) cm

簽名木盒上蓋：AICO TSUMORI ウサギ (兩件)

125

MR.

(Japanese, b. 1969)

Mr.

瑪琳娜：紫色的清晨；星期四 ( 兩件一組 )

2022；2021

Marina -A Purple Morning; Thursday (a set of 2)

2022; 2021

Mixed media (urethane lacquer and acrylic) ;

Limited edition; edition of 200

11(L) x 9(W) x 27.5(H) cm (Marina - A Purple Morning)

8.5(L) x 8.5(W) x 29(H) cm (Thursday)

Signed on the bottom Mr.

With original boxes and a certificate of authenticity (Marina)

NT$ 50,000 - 80,000

HK$ 13,000 - 21,000

US$ 1,600 - 2,600

RMB 12,000 - 19,000

複合媒材 聚氨酯漆 壓克力

限量；限量 200件 (星期四)

10(長) x 9(寬) x 27.5(高) cm (瑪琳娜：紫色的清晨)

8.5(長) x 8.5(寬) x 29(高) cm (星期四)

簽名腳底：Mr.

附原裝盒(兩件)及保證書(瑪琳娜)

126

KILA CHEUNG

(Hong Kong, b 1986)

Peace of Sunset Forest; Siu Ming the Checker; I Got It (a set of 3)

2019; 2021; 2021

Polystone and mixed media (edition of 50); mixed media (edition of 100) screenprint (ed. 89/100)

4(L) x 4(W) x 10(H) cm; 9.5(L) x 9.5(W) x 19.5(H) cm; 60 x 44 cm

Signed on bottom Kila and dated 2019

Trademark Produced by ©HOW2WORK

Signed lower right Kila and dated 2021

NT$ 40,000 - 80,000

HK$ 10,000 - 21,000

US$ 1,300 - 2,600

RMB 9,000 - 19,000

章柱基

日落森林的寧靜；棋盤上的小明；

我明白了 ( 三件一組 )

2019; 2021; 2021

寶麗石與綜合媒材 (限量50件)；

綜合媒材 (限量100件)；絲網版畫89/100

4(長) x 4(寬) x 10(高) cm；

9.5(長) x 9.5(寬) x 19.5(高) cm；

60 x 44 cm

簽名底部：Kila 2019

簽名雕刻底部：Kila 註冊商標：©HOW2WORK

簽名右下：Kila 2021

127

POREN HUANG

(Taiwanese, b. 1970)

Lackey (Mini)

2005

Bronze, ed. 30/30

10(L) x 8(W) x 25(H) cm

Engraved on the back left PR

Numbered on the underside of the foot 30/30

This lot is accompanied by a certificate of authenticity issued by Powen Gallery, Taipei and signed by the artist.

NT$ 60,000 - 100,000

HK$ 15,000 - 26,000

US$ 2,000 - 3,300

RMB 14,000 - 23,000

黃柏仁

狗腿子（迷你版）

2005

銅雕 版次30/30

10(長) x 8(寬) x 25(高) cm

簽名雕刻左後：PR

版次雕刻足底：30-30

附紅野畫廊與藝術家親筆簽名之作品保證書

128

JU MING

(Taiwanese, 1938-2023)

Taichi Series-Single Whip

2015

Unsaturated polyester resin, calcium carbonate, oil color paste, ed.143/300

28.5(L) x 14.4(W) x 18.2(H) cm

Printed with the publisher’s name “Juming Museum” on the bottom Numbered on the bottom 143/300

This lot is accompanied by a certificate of limited reproduction issued by Ju Ming Museum, New Taipei.

NT$ 90,000 - 180,000

HK$ 23,000 - 46,000

US$ 3,000 - 5,900

RMB 21,000 - 42,000

朱銘

太極系列—單鞭下勢

2015

不飽和聚酯樹脂 碳酸鈣 油性色母

版次143/300

28.5(長) x 14.4(寬) x 18.2(高) cm

版次底部：朱銘美術館 143/300

附朱銘美術館限量複製品證明書

129

JU MING

(Taiwanese, 1938-2023)

Living World Series - Painted Woodcarving

Unsaturated polyester resin, water-based environmentally friendly mineral pigments, ed. 057/300

66.2(L) x 12.2(W) x 19.8(H) cm

Printed with publisher’s name JUMING MUSEUM on the bottom

Numbered bottom 057/300

This lot is accompanied by a certificate of limited reproduction issued by Ju Ming Museum, New Taipei.

NT$ 80,000 - 160,000

HK$ 21,000 - 41,000

US$ 2,600 - 5,300

RMB 19,000 - 37,000

朱銘

人間系列—彩繪木雕 不飽和聚酯樹脂 水性環保礦物顏料 版次 057/300

66.2(長) x 12.2(寬) x 19.8(高) cm

版次底部：朱銘美術館 057/300

附朱銘美術館限量複製品證明書

給予買家的重要通知

本拍賣會依據「羅芙奧股份有限公司業務規則」舉行，請在參加拍賣會之前仔細閱讀，充分理解以下規則：

1. 有意參與競投的買家需事前辦理登記申請手續：請出示有效證件 ( 如：身份證明、護照⋯) 並填寫登記文件以及繳納競投保證金。

2. 競投保證金 : 新台幣陸拾萬元或貳萬美金。

3. 競投保證金需於 2025 年 11 月 27 日以前完成匯款至本公司指定帳號如下 : 銀行：匯豐（台灣）商業銀行 - 台北分行

銀行代碼：0810016

戶名：羅芙奧股份有限公司

帳號：001-234830-031（新台幣）或 001-234830-061（美金）

地址：台北市基隆路一段 333 號 14 樓

匯款時請指示銀行本公司需實收競投保證金全額，銀行手續費請匯款人負擔。

4. 2025 年 11 月 27 日之後，若欲參與競投領取牌號者需於台北拍賣預展期間 (2025 年 11 月 28 日至 11 月 30 日 ) 以新台幣現鈔支付 ( 恕不接受除現金之外之其他繳納方式 )，收款將於 11 月 30 日中午 12 點截止。

5. 電話／書面／網路競投：競投者如不能出席拍賣會，可透過電話／書面／網路方式進行競投。登記申請手續以及競投保證金 之繳納亦需在 2025 年 11 月 27 日以前完成匯款至本公司指定帳號。

6. 如於 2025 年 11 月 27 日以前完成競投保證金匯款，請提供我方可證明已匯款的證明文件。確認收到競投保證金匯款後，我們 將與競投者聯繫並與之確認其競標牌號。

7. 拍賣當天已繳納競投保證金之競投者欲領取所登記的牌號時，請出示有效證件 ( 如：身份證明、護照⋯) 以確認身份。

8. 競投保證金退還方式： (1) 有成交：

(a) 競投保證金以「匯款」方式完成者，扣除應支付予本公司之款項 ( 包含落槌價、服務費及其他費用 ) 後，若有餘額 需退還，本公司將於拍賣日後十四個工作天內以匯款方式退還給買家。

(b) 競投保證金以「現金」方式完成者，扣除應支付予本公司之款項 ( 包含落槌價、服務費及其他費用 ) 後，若有餘額 需退還，本公司將於拍賣當日以現金退還給買家。

(c) 若買家無正當理由未於成功拍賣日期後七天內支付全部應支付之款項（包含落槌價、服務費及其他費用）予本公司， 買家不得請求返還競投保證金。

(2) 未成交：若競投者未能購得拍賣品且對本公司無任何欠款則將無息退還保證金。競投保證金以「匯款」方式完成者， 本公司將於拍賣日後十四個工作天內以匯款方式退還給買家。競投保證金以「現金」方式完成者，本公司將於拍賣 當日以現金退還給買家。

9. 若成功得標買方欲現場取貨，買方之應付款項 ( 落槌價、服務費及其他費用 ) 金額超過競投保證金金額時，買方得以下列方式 結清帳款： (1) 現鈔：上限新台幣伍拾萬元。

(2) 信用卡與銀聯卡：刷卡上限為新台幣壹佰萬元。信用卡與銀聯卡持有人必需是買家本人，本公司不接受他人之信用卡。

10. 羅芙奧股份有限公司有權在發生任何不可預見的糾紛或矛盾的狀況之下，對於接受或拒絕付款（包含競投保證金）保留全部的 決定權。

IMPORTANT NOTICE TO BUYERS

The auction will strictly abide by the Transaction Agreement set out by Ravenel Ltd. Prior to participating in the auction, bidders are advised to read and understand the following regulations:

1. Interested parties must complete the registration procedures with valid personal identifications (i.e. Identification card, Passport, etc.). The completion of a registration form and the payment of a bidding deposit are required.

2. Bidding deposit in the amount of NT$ 600,000 or US$ 20,000.

3. The bidding deposit must be transferred to Ravenel's specified Bank account prior to 27 November 2025, details as follow:

Beneficiary's Bank: HSBC BANK (Taiwan) Limited.

SWIFT Code: HSBCTWTP

Beneficiary's Name: Ravenel Ltd.

Beneficiary's Account No: 001-234830-031 (NT$) or 001-234830-061 (US$)

Beneficiary Bank Address: 14F, No. 333, Sec 1, Keelung Road, Taipei 110, Taiwan The bank should be notified that the transfer must be exactly the amount of bidding deposit. The payer will be responsible for any associated bank service fees.

4. After the 27 November 2025, parties interested in obtaining a paddle number must submit a cash security deposit during the Taipei previews (From 28-30 November 2025). Acceptance will cease on 30 November by 12pm (No other forms of payment will be accepted).

5. Telephone / written / internet bids: In the event that the bidder chooses not to be present at venue on the day of the auction, the bidder may place a bid through means of a telephone, written or internet bid. A registration form must be completed and the bidding deposit transferred to Ravenel's specified Bank account before the 27 November 2025.

6. If the bidding deposit has been transferred prior to 27 November 2025, suitable proof or documentation is required. Once this information is verified, the payer will be contacted for details of his/her/its paddle number.

7. If the payment of the bidding deposit is made on the day of the auction, the payer may obtain his/her/its paddle number with valid personal identification (i.e. Identification Card, passport, etc.) for purposes of verification.

8. Return of the Security Deposit:

(1) Completed Transaction:

(a) For successful bidder with a bidding deposit made through wire transfer, the hammer price, buyer's premium and other expenses will be deducted from the bidding deposit, any remaining value will be returned to the successful bidder within 14 business days through means of a wire transfer.

(b) For successful bidders with bidding deposit made by Cash, the hammer price, buyer's premium and other expenses will be deducted from the bidding deposit, any remaining value will be returned to the successful bidder on the same day after the auction for a cash refund.

(c) If the Buyer, without any good cause, fails to pay any and all payment (including but without limitation, hammer price, buyer's premium, and other expenses) of the Lot to the Company within 7 days after the auction date, the Buyer shall not claim for the return of the bidding deposit.

(2) Nil Transaction: If the bidder is not able to purchase any lot and has no outstanding debts to the Company, the Company will return the bidding deposit to the bidder. For individuals with a bidding deposit transferred by wire, the bidding deposit will be returned within 14 business days through means of a wire transfer. Cash bidding deposit will be returned to individuals on the same day after the auction.

9. Successful bidder must settle the payment (hammer price, buyer's premium, and other expenses) prior to receiving the lot(s) on site. If the price exceeds the amount of the bidding deposit, the successful bidder may settle the outstanding balance through the following means:

(1) A cash payment must not exceed NT$ 500,000.

(2) A credit or China UnionPay payment: The credit payment must not exceed NT$ 1,000,000. The holder of the credit card or China UnionPay must be the successful bidder, credit payments from any title except for the successful bidder will not be permitted nor accepted.

10. Ravenel Ltd. retains full discretion to accept or decline a payment in the event of any unforeseen disputes or discrepancies.

委託競投表格

委託競投表格須於拍賣24小時前送抵藝術部。競投表格可傳真至: 藝術部 電話：+886-2-2708 9868 ｜傳真：+886-2-2701 3306

投標者資料

客戶編號 姓名

護照號碼/身份證字號/統一編號

電話號碼（住宅） （手機）

拍賣期間之聯絡電話 (僅限電話競投)

電郵 傳真號碼

拍賣品編號 名 稱

拍 賣 名 稱：羅芙奧台北 2025 秋季拍賣會 現代與當代藝術

拍 賣 編 號：TA2502

拍 賣 日 期：2025 年 11 月 30 日 ( 星期日 ) 下午 2:00

拍 賣 地 點：台北萬豪酒店三樓（博覽廳） 台北市中山區樂群二路 199 號

競投價 (新台幣) / (服務費不計在內)

※投標規則：

1. 茲請求羅芙奧就下列拍賣品於下列競投價範圍內投標。

2. 本人知悉書面及電話競標乃羅芙奧為基於投標者之便利而提供代為投標之服務而不成立任何委託投標之契約，羅芙奧不因執行投標而負任何 責任。倘羅芙奧就同一項拍賣品收到相同競價之委託，以最先收到者優先辦理。

3. 本人同意如投標成功，本人應付之購買價款為最後落槌價加上服務費，服務費依業務規則第二條第4 項之規定計算。(4a.買家支付每件拍品之 服務費率：（1）買家除支付落槌價外，另須支付服務費予本公司，落槌價於新台幣參仟貳佰萬元以下者含參仟貳佰萬元以20％計算；（2） 落槌價於新台幣參仟貳佰萬元以上者分為二級，其中新台幣參仟貳佰萬元以20％計算，超過新台幣參仟貳佰萬元之部份以12％計算。)

4. 本競投，本人同意並遵守本目錄所載所有業務規則。(包含但不限於羅芙奧不負瑕疵擔保責任及保證責任等規定)

5. 如投標者未曾於羅芙奧競投拍賣品，請附上投標者資料之副本及銀行證明資料。

6. 本人同意買家須知、投標者登記表格、委任競投表格及業務規則等附屬文件均視為本契約之一部分。

7. 羅芙奧基於上述原因而需蒐集、處理或非營利目的之利用投標者個人資料， 該資料將在前開蒐集目的之存續期間及依法令規定要求之期間內被處理或利用。

羅芙奧在取得投標者之個人 / 公司資料及簽名後方才接受競標 簽名即代表確認以上登記 / 競投，詳閱並同意接受羅芙奧載於圖錄及網站內之業務規則 簽署 ： 日期：

地址 Ravenel Ltd. 18F, No. 76, Sec. 2, Dunhua S. Rd., Taipei 106485, Taiwan Tel: +886 2 2708 9868 | Fax: +886-2-2701 3306 ravenel.com | ravenelart.com.cn

ABSENTEE BID FORM

The absentee bid forms must be delivered to the Art Department at least 24 hours before the auction begins. The bid forms may be faxed to: Art Department

Tel: +886 2 2708 9868 ｜Fax: +886 2 2701 3306

Bidder's Details

Customer Number Name

Passport number/ID number/Unified Business number

Tel (Home) (Mobile)

Tel (For Phone Bid)

Email Fax

Address

Auction Lot Number

Title

Auction AUTUMN AUCTION 2025 TAIPEI

Modern & Contemporary Art

Date Sunday, November 30, 2025, 2:00pm

Sale No. TA2502

Location Marriott Taipei 3F (Grand Space)

Address No. 199 Lequn 2nd Road, Zhong Shan District, Taipei

Bid Price (NT$)

(Not including Buyer's premium)

※Bidding rules：

1. It is requested hereby that Ravenel tenders the bid on my behalf for the following auction items within the bidding range described hereunder

2. I understand and agree that Ravenel provides such bid services for the convenience of customers and no contract or agreement shall be constituted. Ravenel shall not be held liable for any failure to execute a bid. If Ravenel receives more than one commission of the same bid price with regard to a particular auction item, priority will be given to the person whose bid is first received.

3. I understand and agree that if my bid is successful, I shall pay the final hammer price together with the buyer's premium. For detail please refer to Article 2,section 4 of the Transaction Agreement to the buyer. (4a. The service fee of each lot payable by the Buyer: (1) The Buyer should pay the hammer price and, in addition, the buyer's premium to the Company. For hammer price below NT$ 32,000,000 (inclusive), the buyer's premium should be calculated at 20% of the hammer price; (2) For hammer price higher than NT$ 32,000,000, the first NT$ 32,000,000 should be calculated at 20% and the rest of the amount should be 12%.)

4. The bid shall be subject to the Transaction Agreement prescribed in the catalogue.(including but not limited to Ravenel's non-defect warranty and non-guaranteed liability).

5. If the bidder has not bid for the auction item at Ravenel, please attach a copy of the bidder's information. (Individual: ID card or passport with photo issued by the government)

6. I agree that the Notice To Bidders, Bidder Registration, Absentee Bid Form and Transaction Agreement and other attached documents are regarded as part of this agreement.

7. Ravenel will collect, process and use the personal data provided by the client for auction-related matters and other non-profit purposes.

Signature： Date：

We accepts the bid only after obtaining the personal/company information and signature to execute this bid.

By signing this form, you confirm your registration/bid(s) as above and you agree that you have read and understood our Transaction Agreement as stated in our catalogues and on our website.

Ravenel Ltd.

18F, No. 76, Sec. 2, Dunhua S. Rd., Taipei 106485, Taiwan Tel: +886 2 2708 9868 | Fax: +886-2-2701 3306 ravenel.com | ravenelart.com.cn

下述規則，為羅芙奧股份有限公司 ( 下稱「本公司」 ) 與賣家訂立合約，亦 作為賣家之代理人與買家訂立合約之條款。準買家、買家及賣家務須細讀 各項規則並完全同意遵守本業務規則。準買家、買家請特別留意第二條第5 項，其對本公司之法律責任作了限定。

一、本業務規則所用詞彙之定義 在下列規定中，某些常用詞彙需加以解釋。此等詞彙定義如下：

1. 「買家」：指本公司所接受之出價最高之自然人或法人。

2. 「準買家」：指任何有意參加本公司舉辦拍賣之任何自然人或法人。

3. 「賣家」：指將拍賣品獨家委託本公司於本公司舉辦之拍賣會參與拍賣 之自然人或法人。

4. 「拍賣品」：指交予本公司以供拍賣出售之物品，尤其在任何目錄內以 任何編號描述之一項或多項物品。

5. 「落槌價」：指本公司就某一拍賣品而接受之最高出價之價款。

6. 「買家服務費」：指買家按落槌價之某一百分比而支付本公司之費用； 收費率如第二條第4a項所列。

7. 「底價」：指本公司與賣家協定之最低價格，拍賣品不能以低於該價之 價格售出。

8. 「膺品」：指拍賣品構成模仿，而模仿之原構想及其整體執行均具有欺 詐意圖，以就拍賣品之作者、來歷、年代、時期、文化或來源進行欺 騙，而對此等事項之正確描述並未在目錄之描述上反映出來，而拍賣品 在拍賣當日之價值，遠低於按照目錄之描述所應有之價值。按此定義， 任何拍賣品均不會因為有任何損壞及／或任何形式之修整（包括重新上 漆）而成為膺品。

9. 「保險值」：指本公司不時按其絕對決定權認為拍賣品所應購買之保險 之價值（不論保險是否由本公司安排購買）。

10. 「賣家服務費」：指賣家應支付本公司之費用。

二、買家

1. 本公司作為賣家代理人

本公司作為賣家代理人之身分行事。除另行協定外，在本公司之拍賣中 成功拍賣之物品，即產生賣家通過本公司之代理與買家達成之合約。

2. 拍賣前

a. 鑑定物品

本公司鄭重建議，準買家應於拍賣進行之前親自鑑定其有興趣競投之 物品。本公司就任何拍賣品及相關證明文件之真偽，均不對買家作任 何保證。

b. 拍賣品狀況之重要注意事項 請準買家注意，在可能的範圍內，目錄中對於拍賣品特性上之描述， 皆已提及顯著的損壞，惟不包括所有的缺陷、瑕疪與不完整。對任何 拍賣品之描述亦不應視作表示其無經過重整或修理，亦不應視作對拍 賣品狀態或保存情況的陳述或保證。在目錄中若有狀態陳述的缺乏或 損害鑑定的缺乏，並不代表拍賣品是為良好狀態。本公司鄭重建議， 準買家在拍賣進行之前，對於有興趣競投之拍賣品狀況應經由親自檢 閱，不應依據目錄中的描述或陳述，因為任何在目錄中所列出的描述 或陳述是為純粹本公司的主觀意見，並非提供聲明或擔保。準買家知 悉並瞭解所有拍賣品均以「現狀」售出，本公司對於任何拍出之拍賣 品狀態不作任何承諾或保證。

c. 符號表示 以下為本目錄所載符號之說明 ｏ保證項目

拍賣品編號旁註有ｏ符號者，表示賣家已取得本公司保證，可在一次 或一連串拍賣中得到最低出售價格。此保證可由本公司、第三方或由 本公司與第三方共同提供。保證可為由第三方提供之不可撤銷競投之 形式做出。若保證拍賣品成功售出，提供或參與提供保證之第三方可 能會取得財務利益；惟銷售不成功時，則可能會產生虧損。若提供或 參與保證之第三方成功競投保證拍賣品時，他們仍需支付全額的買家 服務費。

d. 目錄說明

本公司於目錄或鑑定意見書內對任何拍賣品及其證書之作者、來歷、 日期、年代、尺寸、材質、歸屬、真實性、出處、保存狀況或估計 售價之陳述，或另行對此等方面之口頭或書面陳述，均僅屬意見之陳 述，不應依據為確實事實之陳述。目錄圖示亦僅作為指引而已，不應 作為任何拍賣項目之依據，藉以決定其顏色或色調，或揭示其缺陷。

拍賣價格之估計，不應依據為拍賣品會成功拍賣之價格或拍賣品作其 他用途之價值陳述。

許多拍賣品基於其年代或性質，使其未能有完美之狀況，目錄內有 些說明或鑑定意見書會提述拍賣品之損壞及／或修整資料。此等資 料僅作為指引而已，如未有提述此等資料，亦不表示拍賣品並無缺 陷或修整，如已提述特定缺陷，亦不表示並無其他缺陷。

e. 買家之責任 有關拍賣品之狀況以及目錄說明所提述之事項，買家有責任自行查 明並瞭解，並就拍賣品為自己獨立之判斷及評估，並確使自己感到 滿意。

3. 拍賣時

a. 估價

目錄內及拍賣當日所提供之美金等貨幣估價，僅為參考依據。本拍 賣會須以新台幣結算，買家如須以新台幣之外其他貨幣繳付，須依 拍賣日現場公佈之匯率，折合所繳付之等值貨幣計算。

b. 拒絕入場

拍賣於本公司之場地進行，或於本公司為拍賣而具有控制權之場地 進行，本公司具有完全之決定權，可行使權利拒絕任何人進入拍賣 場地或參與拍賣。

c. 競投之前作出登記

每一準買家在作出競投之前，必須填妥及簽署登記表格，並提供身 分證明。準買家應注意，本公司通常會要求對買家作出信用核查。

d. 競投保證金 競投者，應在領取競投號牌前繳納競投保證金，競投保證金的金額 由本公司在拍賣日前公佈。

(1) 若競投者未支付競投保證金，本公司有權不接受其競投。若競 投者未能購得拍賣品且對本公司無任何欠款則將無息退還保證 金。

(2) 若競投者成為買家，則本公司有權將此保證金自動轉化為已成 交拍賣品購買款項之一部（包含落槌價、服務費或運費等相關 費用），若尚有餘款須退回給買家；若買家無正當理由未於 成功拍賣日期後七天內支付全部應支付之成交拍賣品購買款項 （包含落槌價、服務費或運費等相關費用）予本公司，買家不 得請求返還競投保證金。

e. 競投者為買家

競投者將被視為買家而須承擔個人法律責任，除非登記時已經與本 公司書面協定，競投者僅為第三人之代理人，且該第三人復為本公 司所接受者。

f. 委託競投

如準買家使用印於目錄說明之後之表格指示本公司代其競投，本公 司將盡適當努力代其競投，但代為競投指示須於拍賣前送抵本公 司。如本公司就某一拍賣品而收到多個委託競投之相等競投價，而 在拍賣時此等競投價乃該拍賣品之最高競投價，則該拍賣品會歸其 委託競投最先送抵本公司之人。委託競投之承擔受拍賣時之其他承 諾所限，而拍賣進行之情況可能使本公司無法代為競投。由於此項 承擔乃本公司為準買家按所述條款提供之免費服務，如未能按委託 作出競投，本公司將不負任何法律責任。準買家如希望確保競投成 功，應親自出席競投。

g. 電話競投

如準買家於拍賣前與本公司作好安排，本公司將盡適當努力聯絡競 投者，使其能以電話參與競投，但在任何情況下，如未能聯絡或無 法參加電話競投，本公司對賣家或任何準買家均不負任何責任。

h. 透過網路進行競投

若準買家未能出席拍賣會，可透過 Invaluable 或本公司官網「即時競 標」（網址：https://bid.ravenel.com/）競投屬意拍賣品，而承擔買家 獨立責任。進行網上競投之詳情，請參閱本公司網頁 Ravenel.com， 惟準買家及買家透過 Invaluable 網上競投之方式成功拍得屬意拍賣 品，除須支付依本業務規則二、買家、4(a)規定所計算之服務費外， 並應另行支付落槌價 3% 之服務費，且應同意本公司得隨時修改該業 務規則。

i. 匯率轉換顯示板 拍賣會中，本公司會使用匯率轉換顯示板。匯率轉換顯示板僅供參 考，不論是顯示板所示之拍賣品編號或是新台幣競投價之相等外 匯，其準確程度均可能會出現非本公司所能控制之誤差。買家因依 賴匯率轉換顯示板（而非因以新台幣競投）所導致而蒙受之任何損 失，本公司概不負責。

j. 錄映影像

在有些拍賣中會有影像投射，但其操作或會出現錯誤。不論影像是 否與成功拍賣之拍賣品相配合，或是翻版影像之質素，本公司對買 家均不負任何責任。

k. 拍賣官之決定權

拍賣官具有絕對決定權，有權拒絕任何競投、以其決定之方式推動 出價、將任何拍賣品撤回或分批、將任何兩件或多件拍賣品合併， 以及如遇有誤差或爭議，將拍賣品重新拍賣。拍賣官會於拍賣開始 前或於相關拍賣品競標前對注意事項作出通告，準買家須負責自行 注意所有於拍賣會場發表之通告。建議使用即時網上競投服務參與 競投的準買家，於拍賣開始前登入，以確保準買家得知拍賣開始前 所作出之通告。

l. 成功競投在拍賣官之決定權下，下槌即顯示對最高競投價之接受， 亦即為賣家與買家合意依落槌價拍定拍賣品，視為成功拍賣合約之 訂立。

4. 成功拍賣後

a. 買家支付每件拍賣品之服務費費率 (1) 買家除支付落槌價外，另須支付服務費予本公司，落槌價於新台 幣參仟貳佰萬元以下者含參仟貳佰萬元以落槌價之20％計算。

(2) 落槌價於新台幣參仟貳佰萬元以上者，採分為二階段計費，其中 新台幣參仟貳佰萬元以落槌價之 20 ％計算，超過新台幣參仟貳 佰萬元之部份再以落槌價之12％，加總計算服務費金額。

b. 稅項

買家應付予本公司之款項，如須另行支付貨物、服務稅或其他稅則 時（不論由台灣政府或別處所徵收）。買家須負責按有關法律所規 定之稅率及時間，自行繳付稅款。

c. 付款

成功拍賣後，買家須向本公司提供其真實姓名及永久地址。如經本 公司要求，買家亦須提供付款銀行之詳情，包含但不限於付款帳 號。買家應於拍賣日期後七天內悉數支付應支付予本公司之款項 （包含落槌價、服務費或運費等相關費用）。即使買家希望將拍賣 品出口並需要（或可能需要）出口許可證，此一付款條件亦適用。

買家如未向本公司支付所欠之全部款項，則不能取得拍賣品之所有 權，即使本公司已將拍賣品交付予買家亦然。如支付予本公司之 款項為新台幣以外之貨幣，須依拍賣日現場公佈之匯率（台灣銀 行），並以本公司就此兌換率而發出之憑證為準。

d. 領取已購拍賣品

除非本公司另有特別相反協定，否則本公司將暫時保留已成功拍賣 之拍賣項目，直至欠本公司之款項已悉數支付為止。已購拍賣品在 暫時保留期間，由成功拍賣日後起算七天將受保於本公司之保險， 如屆時拍賣品已被領取，則受保至領取時為止。七天期滿後或自領 取時起（以較早者為準），已購拍賣品之風險全由買家承擔。

e. 介紹裝運及運輸公司

本公司之貨運部門在買家要求下，可為買家介紹運輸公司、安排付 運及購買特定保險，但本公司在此方面不負任何法律責任。買家必 須預先繳付運輸費用。

f. 不付款或未有領取已購拍賣品之補救辦法 如買家並未在成功拍賣日後起算七天內付款，本公司即有權行使下 述一項或多項權利或補救辦法： (1) 在成功拍賣日後起算超過七天仍未付款，則按不超過台灣銀行基 本放款利率加收10%之年利率收取整筆欠款之利息。此外本公司 可同時按日收取依成交價（含落槌價、服務費） 1 ％計算之懲罰 性違約金。本公司亦得自行選擇將買家未付之款項，用以抵銷 本公司或其他關係企業在任何其他交易中欠下買家之款項，買 家絕無異議。

(2) 對任何屬於買家所有而因任何目的(包含但不限於其他交易)而由 本公司管有之已購拍賣品行使留置權，並在給予買家有關其未 付之欠繳之十四天通知後，安排將該物品出售並將收益用以清 償該未付之欠款。

(3) 如買家因多項不同之交易而欠下本公司數筆款項，將所付之款項 用以清償已購拍賣品就任何特定交易而欠下之任何款項，而不 論買家是否指示用以清償該筆款項。

(4) 在將來的任何拍賣中，拒絕買家作出或由他人代其作出之競投， 或在接受其任何競投之前先收取買家一筆競投保證金。如買家 未有在三十五天內付款，本公司除上述辦法外，另有權為下述 一項或多項權利或補救辦法：

(a) 代賣家針對買家進行法律程序，以追討整筆欠款，連同此項以悉 數賠償為基準之法律程序訴訟費。

(b) 取消同一次或任何其他拍賣中買家競投得之拍賣品或任何其他售 予買家之拍賣品交易。

(c) 安排將拍賣品公開或私下重售，如重售所得價格較低，就差額連 同因買家未有付款而引致之任何費用一併向買家索償。

g. 未有領取已購拍賣品

如已購得之拍賣品未有在成功拍賣日後起算七天內領取，則不論是 否已付款，本公司將安排貯存事宜，費用由買家承擔。而買家在付 清所引起之貯存、搬運、運輸、保險及任何其他費用，連同欠本公 司之所有其他款項後，方可領取已購拍賣品項目。

h. 出口許可證

除本公司另有書面同意外，買家希望申請出口許可證，並不影響買 家在成功拍賣日後起算七天內付款之責任，亦不影響本公司對延遲 付款收取利息之權利。

如買家要求本公司代為申請出口許可證，本公司有權向其收取與此 項申請有關之款項及零碎開支連同任何有關之稅則。

如買家不需要出口許可證而作出付款，本公司並無責任退還買家因 此而引致之任何利息或其他開支。

5. 本公司之法律責任 本公司僅在第二條第 6 項所列之情況下，得退還款項予買家。除此之 外，不論賣家或本公司，或本公司任何僱員或代理人，對任何拍賣品之 作者、來歷、日期、年代、歸屬、真實性或出處之陳述，或任何其他說 明之誤差，任何拍賣品之任何瑕疵或缺陷，均不負有任何責任。賣家、 本公司、本公司之僱員或代理人，不論是明示或暗示均無就任何拍賣品 作出任何保證。任何種類之任何擔保，均不包含在本條之內。

6. 膺品/贓物之退款

本公司之拍賣品，經本公司書面認可之專業鑑定機構出具鑑定報告證實 為膺品、贓物或涉及不法情事者，則交易將取消，已付之款項於交付賣 家前將退還予買家。但如：

a. 在拍賣日發出之目錄說明或拍賣場通告符合當時學者或專家普遍接納 之意見，或清楚表明有牴觸當時學者或專家普遍接納之意見。

b. 或證明拍賣品為膺品或贓物之方法，只是一種在目錄出版前仍未普遍 獲接納使用之科學程序，或是一種在拍賣日仍屬昂貴得不合理或並 不實際或很可能會對拍賣品造成損壞之程序，則本公司無論如何並 無責任退還任何款項。此外，買家只在滿足下述條件下方可獲得退 款：

(1) 買家必須在拍賣日起十日內以書面通知本公司，說明買家認為有 關拍賣品乃膺品或贓物之詳細理由及證據。

(2) 且買家需於書面通知後十四天內將拍賣品送還本公司，而其狀況 應維持與拍賣當日相同，不得有任何損壞。

(3) 送還拍賣品後，買家須盡快出示證據，足以使本公司確信拍賣品 乃膺品或贓物(本公司保有最終及不可異議之決定權)，買家並可 將拍賣品之完整所有權及相關權利轉讓予本公司，而與任何第 三人之索償無涉。在任何情況下，本公司均毋須向買家支付多 於買家就有關拍賣品而支付之款項，而買家亦不能索取利息。

本擔保之利益不能轉讓，完全屬於拍賣品成功拍賣時獲本公司發給正本 發票之買家所有 (該買家名稱被記載於發票上 )，該名買家並須自拍賣後 一直保持拍賣品擁有人之身分，而且並無將拍賣品之任何利益讓予任何 第三人。本公司有權依據任何科學程序或其他程序確定拍賣品並非膺品 或贓物，不論該程序在拍賣當日是否已使用或已在使用，如本公司驗證 拍賣品是否屬於贗品或贓物結果與買家出示證據相衝突者，應以本公司 驗證結果為準。

賣方業務規則請參閱羅芙奧網站 http://ravenel.com http://ravenelart.com.cn

TRANSACTION AGREEMENT

The following provisions are entered into by and between Ravenel Ltd., as the auctioneer, (hereinafter referred to as the “Company”),and the Seller (hereinafter referred to as the "Seller"). This Agreement is also entered into by and between the Company as the agent of the Seller and the Buyer (hereinafter the "Buyer"). The Prospective Buyer, the Buyer and the Seller must carefully review and completely agree all provisions hereunder and any revisions from time to time. The Prospective Buyer, the Buyer should pay special attention to Article 2, Section 5 which provides limitations as to the legal responsibilities of the Company.

ARTICLE 1.DEFINITION

Some of the phrases commonly seen herein are defined as follows:

1. "The Buyer" shall mean highest bidder accepted by the Company.

2. "The Prospective Buyer" shall mean any potential bidder willing to attend the auction sale hosted by the Company.

3. "The Seller" shall mean the Seller who provides the Lot and agrees to appoint the Company as its exclusive agent to sell the Lot at the Auction and participate, and cooperate, in exhibitions prior to the Auction if so required by the Company.

4. "The Lot" shall mean the item delivered to the Company to be sold in an auction, especially the single or multiple pieces of items numbered in the catalogue.

5. "Hammer price" shall mean the highest bid with respect to one particular Lot accepted by the auctioning party.

6. The " Buyer's Premium" shall mean the fee based on a certain percentage of the Hammer price paid to the Company by the Buyer; the percentage shall be as prescribed in Article 2, Section 4a.

7. "The Reserve Price" shall mean the lowest price agreed by the Company and Seller. The Lot cannot be sold at a price lower than such price.

8. "Counterfeit" shall mean the Lot constitutes imitation and the original concept of the imitation and its overall execution result in fraud to cause deception in connection with the author, history, year, age, culture or origin of the Lot, for which the accurate description is not reflected in the catalogue and the value of the Lot on the auction day is far less than the value it should have according to the description in the catalogue. Therefore, no auction item will become a counterfeit as a result of any damage and/or any repairing in any manner (including repaints).

9. "Insured amount" shall mean the value of the insurance purchased for the Lot which the Company considers necessary under its absolute power from time to time (regardless whether such insurance is purchased by the Company).

10. The "Seller Service Fee” shall mean the fee is paid to the Company by the Seller.

ARTICLE 2.THE BUYER

1. The Company as the Agent of the Seller

The Company, shall act as the agent of the Seller. Except otherwise provided, items successfully sold in the auction held by the Company shall be bound by the agreement made by and between the Seller, through the agency of the Company, and the Buyer.

2. Prior to the Auction

a. Authentication

We strongly recommend that the Prospective Buyers conduct their own authentication for the items they are interested in bidding prior to the auction. The Company provides no guarantee to the Buyer including but without limitations whether the Lot is a counterfeit or the authentication of the Lot and related certificates.

b. Important Notice

Attention, the Prospective Buyers: As far as possible, the descriptions of auction items will mention obvious defects of the items; however, they do not necessarily include all flaws, defects, or incomplete aspects. The description of the auction items also do not imply and guarantee that the items have not gone through readjustment or repair or allude anything about the current state or storage conditions of the items. Any omission in the catalogue description regarding the current condition or the appraisal of defects in the items by no means represent that those items are in good condition, function normally. We strongly recommend the Prospective Buyers shall personally view the items for which they plan to bid before the auction. Any description in the catalogue or any statement provided by the Company is purely the Company's subjective opinion and not a statement of fact, not for representations or warranties. The Prospective Buyer completely understands and acknowledges that all of the items on auction are being sold in "as is" condition. The Company does not provide any representation or guarantee as to the condition of any of the items.

c. Symbol Key

The following key explains the symbol you may see inside this catalogue.

○ Guaranteed Property

The Seller of the Lots with this symbol next to the Lot number has been guaranteed a minimum price from one auction or a series of auctions. This guarantee may be provided by the Company, by a third party or jointly by the Company and a third party. A guarantee may be in the form of an irrevocable bid provided by a third party. Third parties providing or participating in a guarantee may benefit financially if a guaranteed Lot is sold successfully and may incur a loss if the sale is not successful. If third parties providing or participating in a guarantee is the successful bidder for the guaranteed Lot, they should be required to pay the full Buyer's Premium.

d. Catalogue Explanations

Any statement of the author, history, date, year, size, material, ownership, authenticity, origin, condition of preservation or estimated selling price of any of the Lot and certificates thereof shown in the catalogue or the authentication opinion made by the Company, or any other verbal or written statements made separately shall be solely statements of opinions and shall not be deemed the basis for the statements of actual fact. The photographs shown in the catalogue shall serve as reference only and shall not

be deemed as the basis for determining the color or tone of any Lots or disclosure of the defects of such item. The estimates of the auction price shall not be deemed the price at which such item will be successfully sold or the statement of the value of the item for other purposes.

Many Lots fail to maintain their perfect condition because of time and other environmental factors. Some of the explanations in the catalogue or the authentication opinions will state defects and/or the repair background of the Lots. Such information is meant for reference only. Missing information in the statements does not mean the Lot has no defects or has not been repaired. Any statement of one particular defect does not mean there is no any other defect.

e. Responsibility of the Buyer

The Buyer is responsible for clarifying and satisfying himself about the condition of the items and any related matters stated in the catalogue descriptions and making his/her/its own judgment or estimation independently regarding the Lots.ing his/her own judgment or estimation independently regarding the Lots.

3. In the Auction

a. Estimates

The prices in US dollars or other currencies reproduced in the auction and this catalogue are for reference only. The Buyer is requested to pay by New Taiwan dollars or other foreign currencies in its equivalency based on the exchange rate announced by the Company on the day of auction.

b. Refusal of Admission

The auction is held at the premises of the Company or any location where the Company has control of for the auction. The Company has full discretion to exercise the right to refuse entry to the premises for the auction or to prevent participation in the auction.

c. Registration Prior to the Bidding Prospective Buyers must fill in and sign the registration forms prior to the bidding and provide personal identification. Prospective Buyers should also note that the Company may request to conduct credit checks against Buyers.

d. The Bidding Deposit

The bidder shall pay the bidding deposit before receiving the bidding number. The Company will announce the amount of the bidding deposit before the auction day.

(1) If the bidder fails to pay the bidding deposit in advance, the Company has the right to refuse the bid. If the bidder is not able to purchase any Lot and has no outstanding debts to the Company, the Company will return the bidding deposit to the bidder.

(2) If the bidder becomes the Buyer, the Company has the right to transfer the bidding deposit into the payment (including but without limitation, Hammer price, Buyer's Premium, Costs and expenses for shipping and related costs ) of the Lot for which transaction is concluded. And the Company will return the balance of the deposit to the Buyer (if any). If the Buyer ,without any good cause, fails to pay any and all payment (including but without limitation, Hammer price, Buyer's Premium, Costs and expenses for shipping and related costs) of the Lot to the Company within 7 days after the auction date ,the Buyer shall not claim for the return of the bidding deposit.

e. The Bidder is the Buyer

Unless a written agreement has been made upon registration that the bidder will be the agent who acts on behalf of a third person and such third person is accepted by the Company, the bidder will be deemed as the Buyer who will bear individual legal responsibilities.

f. Commission Bids

The Company will make the proper effort to bid for the Prospective Buyers who instruct us to bid on their behalf by using the provided forms attached to the explanations of the catalogue; however, bid commission instructions must be delivered to the Company prior to the auction. If the Company receives several commission bids for one particular item, with all bid prices being equal and of the highest bid price at the auction, priority shall be given to the Buyer whose bid commission is delivered to the Company first. Commission bids are subject to auction conditions. The situation at the auction may prevent the Company from making the bid as commissioned. This is a free service provided by the Company to the Prospective Buyers pursuant to the provisions prescribed. The Company will not be held legally liable if it fails to make the bid as commissioned. The Prospective Buyers should attend the auction in person if they wish to ensure a successful bid.

g. Bid by Phone

The Company will make proper effort to contact the bidder so he/she can participate in the auction by phone if the Prospective Buyer make arrangements with the Company prior to the auction. However, the Company will bear no responsibilities to the Seller or any prospective Buyer if no contact is made or any failure to participate in the auction by phone under any circumstances.

h.

Online Bidding

If the Prospective Buyer cannot attend the auction, it may be possible to bid online via Invaluable or our company's official website, "BID NOW" (https://bid.ravenel.com/), for their preferred Lots bearing individual buyer's responsibilities. For information about registering for online bidding, please refer to Ravenel.com., When successfully winning an item through online bidding via Invaluable, the Prospective Buyer and the Buyer shall pay a service fee of 3% of the hammer price in addition to the Buyer's Premium calculated according to Article 2, Section 4a. The Prospective Buyer and the Buyer agree that this Agreement can be viewed at the website and be revised by the Company from time to time.

i.

Exchange Rate Conversion Board

There will be an exchange rate conversion board operating in auctions. Nonetheless, the auction will still be conducted in NT dollars. The exchange rate conversion board is not absolutely reliable and for the reference only. The accuracy of either the Lot numbering shown on the board or the equivalent of the bid price in any foreign currency is not within the control of the Company. The Company will not be responsible for any losses caused by the reliance of the Buyer on the exchange rate conversion board.

j. Recorded Images

There is image projection in some auctions; however, errors may occur during the operation. The Company is not liable for the color accuracy of the reproduced image and whether the projected image corresponds to the item being auctioned.

k. Determining Power of the Auctioneer

The auctioneer has the absolute power to reject any bid, push for bids at his/her discretion, withdraw any auction items, separate or combine two or more auction items, and if there is any error or dispute, re-auction the items. If the auctioneer announces the points for attention before the auction or the bidding, the Prospective Buyers shall pay attention for any announcement as its own responsibility. We recommend the Prospective Buyers using Online Bids Services to log in the system prior to the commencement of the auction, to ensure the timely awareness of any notices or announcements made prior to the auction.

l. Successful Bids

Under the discretion of the auctioneer, the fall of the hammer indicates the acceptance of the highest bid price, i.e., the Seller and the Buyer enter into a successful auction agreement on Hammer Price.

4. Following the Auction

a. The Buyer's Premium of Each Lot

(1) The Buyer should pay the hammer price and, in addition, the Buyer's Premium to the Company. For hammer price below NT$ 32,000,000 (inclusive), the Buyer's Premium should be calculated at 20% of the hammer price.

(2) For hammer price higher than NT$ 32,000,000, total amount of the Buyer's Premium should be that the first NT$ 32,000,000 of the hammer price should be calculated at 20% and the rest of the amount of the hammer price should be calculated at 12% of the hammer price.

b. Taxes

All the payments payable by the Buyer to the Company do not include any commodity or service taxes or any other value added taxes (whether imposed by the Taiwanese government or elsewhere). The Buyer should be responsible for paying any applicable taxes as required by the law.

c. Payment

The Buyer should provide his/her/its true name and permanent address to the Company upon the successful bid. Relevant bank information, including but without limitations the payment account, should also be provided upon the company request. All payments due (including the hammer price, the Buyer's Premium and any freights or other expenses) should be paid within 7 days following the auction date. The aforesaid provision also applies if the Buyer intends to export the Lot and (may) need the export permit.

If the Buyer fails to pay to the Company all the payments due, the Buyer will not acquire the ownership of the Lot even if the Company has delivered such item to the Buyer. If the payment to the Company are made in any currency other than NT dollars, the exchange rate of the payments to the Company should be the exchange rate reported by the Bank of Taiwan to the Company on the auction date and should be based on the certificates issued by the Company according to such exchange rate.

d. Collection of the Lot Sold

Unless otherwise agreed by the Company, the Company will hold temporarily the successfully sold Lots until all payments to the Company are made in full. The Lot will be covered by the insurance of the Company from the auction date for 7 days during the temporary holding period. The insurance coverage will terminate upon earlier collection of such item. The Buyer should be responsible for all risks following expiration of the said 7-day period or the collection (whichever is the earlier).

e. Referral of Packaging or Transportation Companies

The shipping department of the Company may introduce the forwarder, assist in the arrangement of delivery, or purchase particular insurance upon the Buyer's request. The Company will not be held liable for any legal responsibilities in this regard. And the Buyer shall prepay the freight charges. Costs and expenses for shipping and insurance shall be paid in advance.

f. Remedies for Non-Payment or Non-Collection of Items Sold

The Company is entitled to exercise one or more of the following rights or remedies if the Buyer fails to make payment within 7 days following the auction date:

(1) An interest at the annual rate of no higher than 10% plus the base interest rate of Bank of Taiwan will be imposed on all of the payment due if payment is not made within 7 days following the auction date. Besides, we have the right of charging also 1% selling price (including of hammer price and Buyer's Premium) multiplied by the number of delayed days as puntive damage for the default. The payment to be made by the Buyer may offset any payment owed by the Company or its subsidiaries to the Buyer for any other transactions upon the Company's sole decision.

(2) To exercise lien of any items owned by the Buyer and held by the Company for any purpose including but without limitations other transactions. The Company may arrange to sell such items after serving a 14-day notice to the Buyer about his/hers/its non-payment. The proceeds shall make up for the payment due.

(3) If the Buyer owes the Company several payments as a result of different transactions, the payments will set-off any payments due in any particular transaction, regardless of whether the Buyer specifies to setoff such payments.

(4) Refuse the Buyer to make, or to make on behalf of others, bids in any future auctions and/or to require a bidding deposit from the Buyer before accepting any future bids from him/her/it. If the Buyer fails to make payment within 35 days, the Company is entitled to exercise one or more of the following rights in addition to the aforementioned:

(a) To bring legal proceedings against the Buyer on behalf of the Seller to claim the entire payment due and the legal fees and attorney fees resulting from such proceeding based on a total claim.

(b) Cancel the transaction of Lots bid by the Buyer or any other auction items sold to the Buyer at the same or any other auctions.

(c) To arrange a public or private re-sale of the Lot. If the re-selling price is lower, the difference will be claimed against the Buyer together with any

cost incurred as a result of the non-payment by the Buyer.

g. No Collection of the Lot Sold

The Company will arrange for the storage of the Lot if such item sold is not collected within 7 days following the successful auction, regardless of payment. Such storage cost will be borne by the Buyer. Only when the storage, handling, shipping, insurance cost and any other expenses together with any other payments due to the Company are paid in full can the sold Lot be collected.

h. Export Permit

Except where otherwise agreed in writing by the Company, the fact that the Buyer's wishes to apply for an export permit does not affect the Buyer's responsibility to make the payments in 7 days following the auction date; nor does it affect the Company's right to impose interest on delayed payments.

If the Buyer requests that the Company applies for the export permit on his/hers/its behalf, the Company is entitled to collect monies made in connection with such an application and any miscellaneous expenses together with any relevant value added taxes.

If the Buyer makes the payment regardless of the fact that an export permit is needed, the Company is not responsible for returning to the Buyer any interest or other expenses incurred therefrom.

5. The Legal Responsibility of the Company

The Company is responsible for returning payment to the Buyer pursuant to Article 2, Section 6. Otherwise, whether the Buyer, the Company, any employees or agents of the Company will not be held liable for any statements of the author, history, date, year, ownership, authenticity or origin of any auction item or any errors with respect to any explanations and any flaws or defects of any auction item. The Seller, the Company, the employees or the agents of the Company make no guarantee impliedly or explicitly with respect to any auction items. Any warranty of any kind shall not be included herein.

6. Return of Payments for Counterfeits or stolen goods

The transaction will be cancelled and payments made before remit to the Seller will be returned to the Buyer if the Lot of the Company is confirmed to be a counterfeit or stolen goods, or involved in obvious illegality by the professional appraisal party agreed and recognized by the Company in writing. However, if:

a. The catalogue explanations or the notice at the auction distributed on the auction day corresponds to the opinions generally accepted by the academic or professional fields or explicitly indicates it conflicts with the opinions generally accepted by the academic or professional fields.

b. Or the method used to prove that the Lot is a counterfeit or stolen goods is a scientific procedure not generally accepted for use before the publication of the catalogue or a procedure unreasonably expensive on the day of the auction, or impractical, or may cause damage to the Lot; the Company is not liable for the return of any payment under any circumstances. In addition, the Buyer's payment can only be refunded when the following terms are met:

(1) The Buyer must notify the Company in writing within 10 days following the auction day that he/she considers the relevant auction item a counterfeit or stolen goods.

(2) The Buyer must return the Lot to the Company within the following 14 days and the condition of the item must be the same as on the auction day without any damage.

(3) Upon returning the Lot, the Buyer must present evidence as soon as possible to convince the Company that the Lot is a counterfeit or stolen goods (The Company has the final and sole discretion and decision and such decision shall not be objected in this regard). The Buyer may also assign the good ownership of the Lot to the Company, which shall not concern any third party claim. Under no circumstances is it necessary for the Company to pay the Buyer an amount more than what the Buyer pays in connection with the Lot and the Buyer cannot claim interests.

The interests of the warranty cannot be assigned and belong solely to the Buyer who receives the original invoice on which such Buyer's name is recorded from the Company when the Lot is sold. Such Buyers shall remain the owner of the auction Lot and cannot assign any interest of the Lot to any other person. The Company is entitled to ascertain that the Lot is not a counterfeit or stolen goods based on a scientific procedure or any other procedure, regardless of whether such procedure is being used on the day of the auction. If the result of appraising and verifying whether the Lot is a counterfeit or stolen goods by the Company conflicts with the evidence provided by the Buyer, the Company's said result shall prevail over the evidence provided by the Buyer.

Please refer to our website for seller's Transaction Agreement. http://ravenel.com http://ravenelart.com.cn