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The 56th China Guardian Quarterly Auctions dropped the last hammer at the Guardian Art Center on July 18, with a total turnover of 198 million yuan and an average turnover rate of 87 percent across the 13 sessions, making it the best result achieved in the past five-years of China Guardian Quarterly Auctions.

 

A leader in China’s medium-sized auctions, China Guardian Quarterly Auctions combined the online and offline auctions for the first time. The turnover generated from real-time online bidding exceeded 100 million yuan, which went beyond expectations and accounted for more than 65 percent of the total turnover.

 

Aside from being a great sign for the industry’s reboot as the epidemic wanes in China, this auction also will help collectors regain confidence.

 

 

 

Chinese Painting and Calligraphy

 

More than 2,500 items in seven sessions of Chinese calligraphy and painting went on auction, with the total turnover rates of modern and ancient Chinese calligraphy and painting lots standing at 77.49 percent and 83.52 percent, respectively. Moreover, two sessions out of seven achieved 100 percent turnover rates.

 

“Though this quarterly auction had been postponed time and again before finally being held, it has borne fruit, and many items have been sold at prices dozens of or even hundreds of times higher than their estimated prices,” said Xiao Yang, manager of the Chinese Calligraphy and Painting Department of China Guardian Quarterly Auctions.  

 

Lot 262

Yu Youren

Calligraphy in cursive script

Ink on paper

131×21 cm (4)

Price realized: RMB 368,000

 

Lot 389

Qi Gong

Calligraphy in semi-cursive script

136×69 cm

Price realized: RMB 1,610,000

 

Lot 390

Qi Gong

Calligraphy in semi-cursive script 

Ink on paper

117×53 cm

Price realized: RMB 713,000

 

Lot 404

Qi Baishi

Prosperity

Ink on paper

136×64 cm

Price realized: RMB 1,380,000

 

Lot 408

Pan Tianshou

Red Lotus Flower

Ink on paper

79×47 cm

Price realized: RMB 2,185,000

 

Lot 417

Huang Zhou

Transporting Grain

Ink on paper

130×67 cm

Price realized: RMB 3,220,000

 

Lot 425

Qi Baishi

Riches and Longevity

Ink on paper

120×34 cm

Price realized: RMB 1,840,000

 

Lot 578

Peng Xiancheng

Spring Outing

Ink on paper

32×179 cm

Price realized: RMB 494,500

 

Lot 1962

Anonymous

Herding After Rain

Ink on silk

204×96 cm

Price realized: RMB 460,000

 

Lot 2048

Tang Ying (signature)

Landscape

Ink and color on silk

216×97 cm

Price Realized: RMB 782,000

 

Lot 2261

Yu Ji (signature)

Teaching

Ink on silk

20×246 cm

Price realized: RMB 3,277,500

 

Lot 2404

Anonymous

Spring Mountain Travel

Ink on silk

149×95 cm

Price realized: RMB 655,500

 

 

Jade, Porcelain and Works of Art

 

More than 1,800 lots in the jade, porcelain and works of art sector went under the hammer across four sessions, generating gross revenue worth 57,408,000 yuan, achieving a turnover rate of 92.98 percent.

 

“It’s an auction full of highlights and surprises. It’s tough we cut back on our lots by 20 percent, but the turnover increased by 20 percent,” said Liu Yang, general manager of the Porcelain and Works of Art Department of China Guardian Auctions.

 

Lot 4626

Qianlong to Jiaqing period of the Qing Dynasty

Duocai pot with patterns of auspicious animals, flowers, characters, and landscape

D 32cm

Price realized: RMB 805,000

 

Lot 4523

Kangxi period of the Qing Dynasty

Blue and white bowl with portrait and poem

D 20.2 cm

Price realized: RMB 713,000

 

Lot 3882

Qianlong period of the Qing Dynasty

Big doucai olive bottle with flower and phoenix patterns and phoenix ears

H 77.5

Price realized: RMB 644,000

 

Lot 4491

Kangxi period of the Qing Dynasty

Tri-colored plate with patterns of flowers and dragons

D 32.2cm

Price realized: RMB 632,500

 

Lot 4630

Qianlong period of the Qing Dynasty

Eared bottle with official kiln-like glaze

H 29.5

Price realized: RMB 632,500

 

Lot 4473

Chongzhen period of the Ming Dynasty

Blue and white brush pot with portrait and landscape

H 17.3

Price realized: RMB 575,000

 

Lot 3965

Wanli period of the Ming Dynasty

Blue-and-white and five-colored fold edge brush wash with dragon patterns

D 38

Price realized: RMB 483,000

 

Lot 4691

17th century of the Qing Dynasty

Gilt bronze statue of Tsongkhapa

H 15.5

Price realized: RMB 253,000

 

 

Rare Books, Rubbings and Manuscripts

 

A total of 630 lots from the two sessions of rare books, rubbings and manuscripts went under the hammer and total sales volume amounted to 10.19 million yuan, with the turnover rate averaging 80 percent.

 

One hundred and four lots from a personal collection in Japan without reserved prices were all auctioned off, making the session one of the three that achieved a 100 percent turnover rate at this auction.

 

“This shows that the purchasing power of our buyers is still strong, which pumps great confidence in us for the upcoming 2020 Spring Auctions,” said Song Hao, general manager of the Rare Books, Rubbing & Manuscripts Department of China Guardian Quarterly Auctions.

 

Lot 2880

Wu Changshuo

Four-page calligraphy work of cursive script (1892)

45×168 cm

Price realized: RMB 494,500

 

Lot 2845

Qi Baishi

Grasshopper on Violet Vines (1954)

Ink on paper

34×100 cm

Price realized: RMB 368,000

 

Lot 2837

Ren Bonian

Cat (Painted during the Qing Dynasty)

Ink on paper

Price realized: RMB 345,000

 

Lot 3048

Luo Bingzhang

A memorial to the throne (1862)

Ink on paper

9.5×21.5 cm

Price realized: RMB 345,000

 

Lot 3183

Qing Dynasty stone rubbings with Qi Gong’s annotation

Two volumes

15.3×26.5cm

Price realized: RMB 172,500

 

Lot 3248

A Qing Dynasty (1664-1911) rubbing of the poem by Northern Wei Dynasty (368-534) calligrapher Zheng Daozhao

Ink on paper

40×122 cm

Price realized: RMB 115,000

 

 

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