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China Guardian Autumn Auctions raise $356m
2020-12-09

 

 

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China Guardian 2020 Autumn Auctions

Total turnover 2,323,700,000 yuan ($355,880,000)

Over 5,700 lots featured in 38 sessions

Total turnover rate hit 81 percent

10 sessions hit 100 percent turnover rates

37 lots were sold for over 10 million yuan

13 new auction records were set

Two lots fetched over 100 million yuan

Zhu Dunru’sRunning and Cursive Script Calligraphy was sold for 150,650,000 yuan ($23,031,646)

Fu Baoshi’sTao Thatched Cottage was sold for 138 million yuan ($21,097,691)

 

Like a mountaineer, China Guardian has always been making steady, solid progress upward. Despite the COVID-19 pandemic, we achieved a stellar performance. The total turnover of our 2020 Autumn Auctions reached 2,323,700,000 yuan ($355,880,000), 45 percent higher than that of the Spring Auctions. Two lots from the sessions of classical and modern Chinese painting and calligraphy were sold for over 100 million yuan, and 37 items including Chinese painting, calligraphy, 20thcentury and contemporary art, porcelain and furniture, were sold for more than 10 million yuan.

 

By adhering to high standards, China Guardian has successfully managed the tremendous market changes and served our customers an elaborate art feast. In addition to our all-time enthusiastic bidders showing up at on-site auctions, we have seen an increasing presence of online bidders thanks to new technologies. I would like to extend my gratitude to all our customers – personal collectors, businesses, art museums and art foundations. Thank you all and let’s meet in 2021!

 

——Hu Yanyan, President of China Guardian Auctions

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Stellar turnover of different categories

Chinese Painting and Calligraphy 1.40 b yuan

20thCentury and Contemporary Art 310 m yuan

Porcelain and Works of Art, Classical Furniture 395 m yuan

Rare Books and Rubbing Books 67.48 m yuan

Stamps and Covers, Ancient Coins and Sycee, Banknotes, Autographs and Manuscripts, Gold and Silver Antiques 48.65 m yuan

Important Jewels and Jadeite 48.07 m yuan

Fine and Rare Wines of the World 54.68 m yuan

10 sessions achieved 100 percent turnover rates

All Nature in Clarity: Ming Dynasty Fans Collection by Jiashutang Studio

Contemporary Art Evening Sale ( II )

Collection of Yixing Zisha Pottery of Yi Yunzhai

Classic Furniture from Ji Cheng Tang Collection

The Woven Splendor: Antique Carpets from Jiang Xin Fang Collection

Classical Furniture from Liu Yu Zhai Collection

Chinese Classical Furniture from a Private Collection

Collected by Qing Gong

Appointment letter of Zhan Yizhi in Southern Song Dynasty

Fine and Rare Kweichou Mou-tai Chiew

Digital upgrade hits new high

? More than 40 percent of lots were sold through real-time online bidding, totaling nearly 300 million yuan;

? Wu Changshuos Flora Collection was sold for 51.75 million yuan, making it the item sold for the highest price throughreal-time online bidding;

? Newly added digital highlights:China Guardian’s official website has had a makeover; e-catalogues are fully available; real-time online bidding has been featured at the Grand View Night Sales; and experts gave guided tours via livestreaming.

? China Guardian has partnered up with China Central Television and livestreamed the Autumn Auctions on different new media platforms, attracting as many as 11.96 million viewers.

TOP 10 Lots

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Lot 279

Zhu Dunru (1081-1159)

Kui Suo Tie, Running and Cursive Script Calligraphy

Album,ink on paper

34.5×46.2 cm

Price realized: RMB 150,650,000

Grand View: Chinese Painting Highlight ? Classical

Zhu Dunru’s Kui Suo Tie is the only piece of running and cursive script calligraphy created by the Song Dynasty calligrapher.It is also regarded as the artist’s magnum opus featuring the largest scale and most characters. Sold for a staggering 150.65 million yuan, it created the highest auction price for the artist’s work.

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Lot 185

Fu Baoshi

Tao Thatched Cottage

Hanging scroll, ink and color on paper

Fu Baoshi’s painting: 84.5×58.5 cm

Xu Beihong’s poem: 23×58.5 cm

Price realized:RMB 138,000,000

Grand View: Chinese Painting Highlight ? Modern 

A well-documented masterpiece,Tao Thatched Cottage is the source of inspiration for Fu Baoshi throughout his painting career. It also represents a legend between Fu and Shi Tao, two art giants in modern Chinese painting history.

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Lot 290

Zhu Da

Nature and Calligraphy

Album (17 pieces), ink on paper

29×22 cm (apiece)

Price realized:RMB 71,300,000

Grand View: Chinese Painting Highlight ? Classical

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Lot 195

Wu Changshuo

Flora Collection

Album (eight pieces); ink and color on paper

27×32 cm (apiece)

Price realized: RMB 51,750,000

Grand View: Chinese Painting Highlight ? Modern

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Lot 207

Qi Baishi

Flora and Insects

Mounted for frame; ink and color on silk(10 pieces)

24×32.5 cm (apiece)

Price realized:RMB 46,000,000

Grand View: Chinese Painting Highlight?Modern

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Lot 237

Huang Binhong

Conversation in Pavilion

Mounted for frame; ink and color on silk

45×125.5 cm

Price realized: RMB 45,425,000

Grand View: Chinese Painting Highlight ? Modern

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Lot 1741

Zhou Chunya

Rock and Clouds

Oil on canvas

358.5×220 cm

Price realized: RMB 43,700,000

Contemporary Art Evening Sale ( I )

 

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Lot 184

Fu Baoshi

The Portrait of Sushi

Mounted for frame, ink and color on paper

90×30 cm

Price realized: RMB 41,400,000

Grand View: Chinese Painting Highlight?Modern

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Lot 182

Zhang Daqian

Clouds in Yellow Mountain

Hanging scroll, ink and color on paper

181.5×94 cm

Price realized: RMB 35,075,000

Grand View: Chinese Painting Highlight?Modern

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Lot 282

Ni Yuanlu

Painting and Calligraphy in Running Script for Fan Jingwen

Hand scroll, ink on paper

Lead 1: 27×100.5 cm

Lead 2: 28×64 cm

Painting and calligraphy: 28×175.5 cm

Postscript 1: 27.7×34.4 cm

Postscript 2: 30×165 cm

Price realized: RMB 28,750,000

Grand View: Chinese Painting Highlight ? Classical

 

Stellar Results Across Different Sections

China Guardian continues to lead the sector of Chinese painting and calligraphy.

More than 1,300 items featured in seven sessions fetched about 1.4 billion yuan.

Two items were sold for more than 100 million yuan and 20 items were sold for more than 10 million yuan.

The total turnover rate hit 84 percent.

Many auction records were broken.

 

Chinese Painting and Calligraphy Day Sale

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Lot 497-532

Zhao Puchu’s Calligraphy Collection

Price realizedRMB 25,572,550

Turnover rate:100 percent

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Lot 836-877

Zhou Zuoren’s calligraphy collection

Price realizedRMB 12,868,500

Colorful Anthology: Focus on Private Collection ()

 

20thCentury and Contemporary Art

Total turnover 310 million yuan

Seven items were sold for more than 10 million yuan

The session set three new auction records for artists

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Lot 1712

Yan Wenliang

Sunrise at the South Lake

Oil on fiberboard

42×71.5 cm

Price realized:RMB 27,830,000

Set a new record for the artist

20thCentury Art Evening Sale

Four major items by Wu Dayu, Yan Wenliang, Liu Haishu, and Wu Zuoren all sold out, with three of them being sold for more than 10 million yuan.

Comprising six important paintings, Wu Guanzhong’s art series sold out, with three paintings being sold for over 10 million yuan.

Hu Shanyu’sGirl in Green Sweater was sold for 10.12 million yuan, breaking the artist’s auction record.

In Contemporary Art Evening SaleI, Zhou Chunya’s Rock and Cloudsfetched 43.7 million yuan and Mao Yan’sBlack Rose of Memory or Dancingwas sold for 20.7 million yuan. The Contemporary Art Evening SaleIIhit a 100 percent turnover rate, and Kang Haitao’s House Overgrown with Vineswas sold for 1.06 million yuan, breaking the artist’s auction record.

 

Porcelain and Works of Art, Classical Furniture

Total turnover 395 m yuan

Five of the 13 sessions achieved 100 percent turnover rates.

Six items were sold for over 10 million yuan and broke two auction records.

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Lot 2816

The Yongle period of the Ming Dynasty

A blue-and-white “flowers-and-fruits” vase

H 29 cm

Price realized:RMB 25,300,000

 

 Imperial Appreciation--Important Porcelainand Works of Art from Ming and Qing Dynasties

The star items of porcelain and Buddha statues were hugely popular among collectors. A blue-and-white “flowers-and-fruits” vase made during the Yongle period of the Ming Dynasty raised 25.3 million yuan. A Royal Made Dzai-Ksim Alloy Amitayus with Inlays of Semiprecious Stone from the Qianlong period of the Qing Dynasty was sold for 12.65 million yuan, setting a world record for Buddha statues of this kind.

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Lot 3818

Late Ming/Early Qing Period

A Rare Zitan Waisted Four-post Canopy Bed

211×141×228 cm

Price realized: RMB 20,700,000

Graceful Companions-Fine Classic Furniture of the Ming and Qing dynasties

Three items of classical furniture were sold for more than 10 million yuan.

The session of Antique Carpets from Jiang Xin Fang Collection achieved a 100 percent turnover rate and the session of Carved Seals fetched nearly 20 million yuan, achieving an 81 percent turnover rate.

 

Rare Books and Rubbing Books

Total turnover 67.48 million yuan

The turnover rate of four sessions neared 90 percent

One item was sold for over 10 million yuan

One session hit a 100 percent turnover rate

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Lot 2163

 Appointment Letter of Zhan Yizhi in Southern Song Dynasty

Created between 1174 and 1189

1volume, ink on thin silk

L 546 cm

Price realized: RMB 18,400,000

Appointment letter of Zhan Yizhi in Southern Song Dynasty

 

Stamps and Covers, Ancient Coins and Sycee, Banknotes, Autographs and Manuscripts, Gold and Silver Antiques

Total turnover 48.65 m yuan

Total turnover rate reached 85 percent

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Lot 5012

The Qianlong period of the Qing Dynasty

A Rare Gold Ox Head Cup

H 9.5 cm,D 7.1 cmW 791 g

Price realized: RMB 4,887,500

The five sessions of Stamps, Banknotes, and Coins raised 48.66 million yuan, achieving an 85 percent turnover rate.

 

Important Jewels and Jadeite

Total turnover 48.07 million yuan

One item was sold for more than 10 million yuan

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Lot 4373

Rare and Important Natural Jadeite Bead, Ruby And Diamond Necklace

Price realized: RMB 10,350,000

The section of Jewelry and Emeralds fetched 48.07 million yuan, with one lot being sold over 10 million yuan.

 

Fine and Rare Wines of the World

Total turnover 54.68 million yuan

The total turnover rate of four sessions hit 88.5 percent

The session of Fine and Rare Kweichou Mou-tai Chiew achieved another 100 percent turnover rate.

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Lot 3055

“88 Green” Pu’er Tea Cakes Produced Between the End of 1980s and the Early 1990s

Two bags (14 cakes);about2390g,2412g

Price realized:RMB 1,725,000

Rare and Vintage Pu-er and Premium Tea

 

With the deep trust and strong support of the vast number of collectors and friends from all walks of life, China Guardian has stood the tests of 2020, one of the most volatile years in history. With all its achievements as a prologue, China Guardian is set to raise its sail again!

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