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China Guardian Spring Auctions 2021 raise 2.328 billion yuan
2021-05-27

 

 

 

China Guardian Spring Auctions 2021

Sale total 2.328 billion yuan

 

Over 6,000 lots featured in 46 sessions

Average turnover rate hit 83 percent

11 sessions hit a 100 percent turnover rate

 

26 lots were sold for over 10 million yuan

12 new records were set

 

 

 

Classical, Modern and Contemporary Chinese Paintings and Calligraphy reached a turnover of 936 million yuan in total

5 sessions hit a 100 percent turnover rate

 

Chinese mainland's latest record of Western Art

Gerhard Richter’s Colunm was sold for 80.5 million yuan, the most expensive western artwork sold in Chinese mainland

 

Leng Jun and Geng Jianyi's works set new records

Leng Jun’s Mona Lisa - the Design of a Smile was sold for 80.5 million yuan, Geng Jianyi’s Two People Under the Light was sold for 747.5 million yuan.

 

 

 

Online bidding hits new high

 

Nearly 40 percent of the transactions were made online, with a turnover of more than 350 million yuan. Both the online turnover and the number of participants hit a new high.

 

 

 

Ms. Hu Yanyan, Director and President of China Guardian

 

China Guardian Spring Auctions 2021 concluded successfully, with a total turnover of 2.328 billion yuan, an increase of 0.2 percent compared with Autumn Auctions 2020. No one could foresee the close result when about 6,000 lots were for bidding this season. However, if we observe the auction process and results of 6,000 lots in 25 categories, it is not difficult to see that nearly the same total turnover of the two large auctions after half a year does not mean that the market is stable and certain. On the contrary, there is a turbulent undercurrent. China Guardian needs to explore customer needs, clarify trends, be open-minded and supplement energy through careful analysis to meet new challenges and opportunities.

 

Thanks for the attention and support of our customers and friends from all walks of life, and thanks for the dedication and hard work of our team.

 

 

 

 

 

 

 

 

Stellar turnover of various categories

 

Chinese Paintings and Calligraphy  936 million yuan

20th Century and Contemporary Art  620 million yuan

Ceramics and Works of Art   367 million yuan

Fine Wine & Spirits and Rare Tea   113 million yuan

Jewellery & Watches   94.12 million yuan

Classical Furniture and Works of Art   93.99 million yuan

Stamps and Covers, Coins, Banknotes   55.26 million yuan

Rare Books and Rubbing Books   49.39 million yuan

 

 

11 sessions achieved 100 percent turnover rate

 

Poetry and Fan Paintings from Shiyanzhai Studio

Gazing at the Last Century: Paintings and Calligraphy by Celebrated

Politicians, Scholars and Artists (II)

Painting Collection from the Zhu Moxuan Studio

Kindness between Confidants: The Collection of Wang Zhaoxiang and Jiang Cheng

Treasures of Lisongju Collection

Collection of Yixing Zisha Pottery by Ming Pin Zhai

Dazzling Porcelain from Ziletang

Important Chinese Later Bronzes from Rong Zhai

The Woven Splendor: Antique Carpets from Jiang Xin Fang Collection

Fine and Rare Kweichou Moutai Chiew

Rare and Vintage Pu-er & Premium Tea

 

 

 

 

Stellar achievements of the Spring Auctions

   

 

Chinese Paintings and Calligraphy

Sale total 936 million yuan

 

In the Spring Auctions 2021, the Chinese Paintings and Calligraphy category ended with a total turnover of 936 million yuan and an average turnover rate of over 90 percent. Half of the 11 sessions that hit the 100 percent turnover rate belonged to this category. Nearly 1,500 works have found new owners in four days of hammering. Collectors have continued their enthusiasm for imperial calligraphy and painting in the Qing Dynasty, Wumen School paintings, letters of famous people in the Ming Dynasty, and stone seals of the late Qing Dynasty. Therefore, Wang Duo’s Calligraphy in Cursive Script, Tang Yin’s Calligraphy in Running Script, Zhao Zhiqian’s Bizarrerie Fishes, and Wen Zhengming’s Calligraphy in Running Script were sold at high prices prices. The sessions Poetry and Fan Paintings from Shiyanzhai Studio and Treasures of Lisongju Collection got a warm response from the market, achieving 100 percent turnover rates, respectively.

 

Modern Chinese Paintings and Calligraphy kept its high turnover rate as before. Colorful Anthology: Focus on Private Collection(I)and (Ⅱ) received strong support from online and offline bidders. Bai Jiao’s Calligraphy in the Gazing at the Last Century: Paintings and Calligraphy by Celebrated Politicians, Scholars and Artists (II) was sold for a high price of 1.035 million yuan. The deal prices of Xu Beihong, Zhang Daqian, Fu Baoshi and Qi Baishi's works in the Grand View: Chinese Paintings Highlight·Modern were sold at similar prices as before. It’s a pity that Li Keran's Long March and Baoshi's Going Home in the Rain failed to conclude the deal.

 

The turnover of Contemporary Chinese Paintings and Calligraphy is only 31.35 million yuan, but it is of great significance. It marks that it transformed from a situation that relatively needs the support of collector friends and the promotion of primary market operation into a dynamic platform for free bidding.

 

--- Guo Tong, Vice-President of China Guardian and

General Head of Chinese Paintings and Calligraphy Department

 

 

 

Classical Chinese Paintings and Calligraphy

 

For these spring auctions, we have prepared very well. Exhibitions in Nanjing, Shanghai and the preview before the auctions attracted many visitors.

 

There are four sessions in this category, and two hit the 100 percent turnover rate. Eighty percent of the 460 lots were sold. In the day sale, fan paintings and calligraphy were still preferred by many collectors, as was imperial calligraphy of the Qing Dynasty. Wang Duo’s Calligraphy in Cursive Script, Wang Hui’s Landscape after Hui Chong, Tang Yin’s Calligraphy in Running Script, and Zhao Zhiqian’s Bizarrerie Fishes were sold at high prices.

 

--- Luan Jingli, General Manager of

Classical Chinese Paintings and Calligraphy Department

 

 

Lot 394

Tang Yin

Calligraphy in Running Script

Handscroll; ink on paper

Calligraphy: 30×262 cm

Postscript: 30×40 cm

Price Realized: RMB 57,500,000

 

Lot 374

Wang Duo

Calligraphy in Cursive Script

Handscroll; ink on satin

26×355.5 cm

Price Realized: RMB 25,875,000

 

Lot 384

Zhao Zhiqian

Bizarrerie Fishes

Handscroll; ink and colour on paper

Guide: 35.5×92 cm

Painting: 35.5×224 cm

Price Realized: RMB 25,300,000

 

Lot 377

Wang Hui

Landscape after Hui Chong

Hanging scroll; ink and colour on paper 142×50.5 cm

Price Realized: RMB 9,890,000

 

Lot 393

Wen Zhengming

Calligraphy in Running Script

Handscroll; ink on paper

29.5×514 cm

Price Realized: RMB 9,200,000

 

 

Modern and Contemporary Chinese Paintings and Calligraphy

 

This spring, after three days of fierce auctioning, the Modern and Contemporary Chinese Paintings and Calligraphy sector received a total turnover of more than 650 million yuan in eight sessions, with an average turnover rate of 93 percent. The turnover increased by 20.2 percent year-on-year.

 

The biggest regret this time is that Li Keran's Long March failed to sell for not reaching the reserve price. But the biggest joy comes from the high turnover rate.

 

--- Dai Wei, General Manager of

Modern & Contemporary Chinese Paintings and Calligraphy Department

 

 

Lot 705

Xu Beihong

Cranes and Couplet in Running Script

Hanging scroll, Mounted for framing, ink and colour on paper, ink on paper

Paingting: 129×77 cm

Couplet: 134.5×33.5 cm(each)

Price Realized: RMB 23,000,000

 

Lot 717

Qi Baishi

The Eagle

Handscroll; ink on paper

171×47 cm

Price Realized: RMB 18,400,000

 

Lot 786

Fu Baoshi

Tea Tasting

Mounted for framing; ink and colour on paper

143×34 cm

Price Realized: : RMB 17,250,000

 

Lot 792

Pan Tianshou

Red Lotus

Mounted for framing; ink and colour on paper

47.5×175 cm

Price Realized: RMB 16,675,000

 

Lot 744

Pan Tianshou

Mountain After Rain

Hanging scroll; ink and colour on paper

74.5×51 cm

Price Realized: RMB 13,800,000

 

 

 

20th Century and Contemporary Art

Sale total 620 million yuan

 

This season, there were six sessions in this category, which were auctioned all day for the first time. The final total turnover was over 600 million yuan, which was the best result in the history of the department. A total of 10 lots were sold at over 10 million yuan, breaking six auction records. Eight of over 10 million yuan lots were sold in the Contemporary Art Evening Sale. Thanks to the collectors for their support all the time. We will continue to make efforts in the future.

 

--- Li Yanfeng, General Manager of

20th Century & Contemporary Art Department

 

 

Lot 2085

Gerhard Richter

Columns

Painted in 1968

Oil on canvas

205×100 cm×7

Price Realized: RMB 80,500,000

The most expensive western artwork sold in Chinese mainland 

 

Lot 2103

Leng Jun

Mona Lisa - the Design of A Smile

Painted in 2004

Oil on canvas

125×45 cm

Price Realized: RMB 80,500,000

The newest record of Leng Jun’s work

 

Lot 2082

Geng Jianyi

Two People under the Light

Painted in 1985

Oil on canvas

118×155 cm

Price Realized: RMB 74,750,000

The newest record of Geng Jianyi’s work

 

Lot 2089

Zhou Chunya

Triptych of Red Stone

Painted in 1994

150×120 cm×3

Price Realized: RMB 39,330,000

 

Lot 2069

Wu Guanzhong

Bamboo Forest at Mount Huang

Painted in 1973

Oil on canvas

61×46 cm

Price Realized: RMB 32,200,000

 

Lot 2102

Jin Shangyi

The Violinist

Painted in 1979

Oil on canvas

73.5×54 cm

Price Realized: RMB 23,000,000

 

Lot 1971

Chen Yifei

The Snowscape

Painted in 1992

Oil on canvas

120×150 cm

Price Realized: RMB 17,825,000

 

Lot 2090

Liu Wei

Parents

Painted in 1990

Oil on canvas 80×97 cm

Price Realized: RMB 12,880,000

 

Lot 2081

Wang Guangyi

Nine Duchamp Urinals and Four Duchamp Urinals

Painted in 1987

Oil on canvas

60×50 cm×2

Price Realized: RMB 10,350,000

 

Lot 2097

Wang Xingwei

Mein Kampf – Wang Xingwei In 1936

Painted in 1996

oil on canvas 219.5×138 cm

Price Realized: RMB 10,120,000

 

 

 

Ceramics and Works of Art

Sale total 367 million yuan

 

Ceramics and Works of Art achieved a total turnover of nearly 370 million yuan, which is the department's best result since 2013. First of all, I sincerely thank the buyers and sellers for their full support and trust.

 

Among all the categories, porcelain is still the most popular. Four pieces of porcelain were sold at over 10 million yuan in the Evening Sale, which is also the most in recent years. Meanwhile, the turnover of porcelain in the Evening Sale was nearly 200 million yuan, with a turnover rate of 67 percent.

 

As for works of art, Zisha pottery and jade have maintained a high turnover rate, and the sessions of Buddha and bronze censer were still the most eye-catching, among which Important Chinese Later Bronzes from Rong Zhai achieved a 100 percent turnover rate, reflecting the full trust and recognition of buyers.

 

--- Liu Yang, General Manager of

Ceramics and Works of Art Department

 

 

Lot 3091

Qianlong Period of the Qing Dynasty

A blue and white moon-shaped flask with dragon patterns

H 29.5 cm

Price Realized: RMB 32,200,000

 

Lot 3165

Early Ming Dynasty

A Junyao narcissus pot with a Tianqing glaze insider and purple glaze outsider

D 21.3 cm

Price Realized: RMB 11,500,000

 

Lot 3172

Qianlong Period of the Qing Dynasty

A blue glaze hanging bottle with imperial poetry and fencai lotus

H 51.3 cm

Price Realized: RMB 10,350,000

 

Lot 3089

Qianlong-Jiaqing Period of the Qing Dynasty

A large celadon ‘dragon’ vase, meiping

H 70 cm

Price Realized: RMB 10,120,000

   

Lot 3728

The tenth year of Xuande Period, Ming Dynasty

A Gun Jam of Nanhai (Avalokiteshvara of Southern Sea)

H 78 cm,L 51 cm,W 30 kg

Price Realized: RMB 46,000,000

 

Lot 3127

Mid Ming Dynasty

A fine halberd-shape-handle censer

D: 8.3 cm  H: 5.8 cm  

Weight: 800 g

Price Realized: RMB 4,312,500

 

Lot 3064

Contemporary

Zisha pottery made by Lv Junjie

Pot 17.5 cm / cup 7.2 cm / cupholder 11 cm

Price Realized: RMB 2,300,000

   

   

    

Classical Furniture and Works of Art

Sale total 93.99 million yuan

 

There were three sectors in the Classical Furniture sector. Lots in the first two have attractive estimate prices. Thus, buyers bid actively by on-spot bidding, telephone bidding and online bidding. There were more than 50 lots, with a turnover of nearly 50 million yuan.

 

In recent years, the guqin also has attracted buyers’ attention. This season, a rare and fine lacquered guqin with a Yi Wang inscription, a fine and rare lacquered guqin with a Lu Wang inscription and a fine and rare lacquered guqin with a Tian Xiang inscription were sold at good prices. A white-glaze vase and a large, shaped gourd with a landscape design also were bid for good prices in the session Memories of the Past: Scholar’s Studio Objects.

 

Seals also sold well. Qingning-Modern and Contemporary Seal Art included 219 lots, and sold 20 million yuan at last. Seals carved by Wu Changshuo and Qi Baishi, and many precious Tianhuang and chicken-blood stone seals also were dealt at high prices.

 

--- Qiao Hao, General Manager of

Classical Furniture and Works of Art Department

 

 

Lot 4635

Qianlong Period of the Qing Dynasty

Pair of zitan high-waisted incense stands

53×39×89 cm×2

Price Realized: RMB 11,500,000

 

Lot 4674

Late Ming Dynasty

Pair of huanghuali armchairs with four protruding ends

60.3×47.6×119 cm×2

Price Realized: RMB 6,440,000

 

Lot 4706

Longqing Period of the Ming Dynasty (1570)

A rare and fine lacquered guqin with yi wang inscription

L 124.7 cm, top W 14.3 cm, bottom W 13.2 cm

Price Realized: RMB 3,450,000

 

Lot 4645

Ming Dynasty

A fine and rare lacquered guqin with tian xiang inscription

L 122.3 cm, top W 18.3 cm, bottom W 12.1 cm

Price Realized: RMB 2,185,000

 

Lot 4523

A Shoushan Furong stone seal carved by Wu Changshuo

3.2×3.2×10.4 cm

Price Realized: RMB 2,990,000

 

Lot 4516

A pair of shoushan stone seals with dragon knob carved by Qi Baishi

2.5×2.5×8.9 cm×2

Price Realized: RMB 1,840,000

 

Lot 4822

Late Qing Dynasty

A large shaped gourd with landscape design

H 52 cm;D 52 cm

Price Realized: RMB 862,500

 

Lot 4741

Mid Qing Dynasty

Pillar carpet tufted with dragon pattern

118×224 cm

Price Realized: RMB 345,000

 

 

 

Rare Books and Rubbing Books

Sale total 49.39 million yuan

 

This season, the turnover rate of permanent sessions, Letters and Manuscripts and Rare Books & Rubbing Books, kept as usual. A number of reliable collections that were first on sale have been warmly sought after by the buyers. Twenty-six lots, which were very rare in the market, in the session Inexhaustible Awareness—Buddhist and Religious Documents, also sold well.

 

--- Song Hao, Senior Manager of

Rare Books, Rubbing & Manuscripts Department

 

 

Lot 2591

Luo Yuzhen’s collection

The 24th Volume of Great Treatise on the Perfection of Wisdom

Wrote in 897

154×28 cm

Price Realized: RMB 4,025,000

 

Lot 2599

Vajra Cchedikā Praj?ā Pāramitā

By the Rong Concubine of Ming Shen Zong (the 13th emperor of the Ming Dynasty)

9×24 cm

Price Realized: RMB 3,450,000

 

Lot 2596

Translated by Kumārajīva

Vajra cchedikā praj?ā pāramitā

A copy in 1352

11.3×24 cm

Price Realized: RMB 1,437,500

 

Lot 2517

Titled by Mo Youzhi

Shi Qi Tie Seng Quan Er Zi Quan Een

Zhang Yu, Tang Shuyi’s collection

A copy in the Song Dynasty

13×25 cm

Price Realized: RMB 805,000

 

Lot 2486

Late Qing Dynasty

Zheng Wenzhuo

Da He Shan Ren

Ma Zonghuo’s Collection

Price Realized: RMB 805,000

 

Lot 2239

Callirgaphy by Yang Yisun, Weng Tongsu

Painting by Fan Ji, Cheng Tinglu

Buildings in the Moutain

1857

Preface: 73×19.5 cm

Painting: 91×19.5 cm、52.5×19.5 cm

Postscript: 410×19.5

Price Realized: RMB 2,760,000

 

 

 

Stamps and Covers, Coins, Banknotes

Sale Total 55.26 million yuan

 

In this season, five sessions of Stamps and Covers, Coins, Banknotes reached high turnover and a high turnover rate. Precious treasures like a full set of dragon stamps and Lenin's letter were sold at high prices.

 

Thanks to collectors for their trust and support, we will continue to work hard to present more and better items for you.

 

--- Ren Zhong, General Manager of

Stamps, Coins, Silver Sycees, Banknotes Department

 

 

Lot 7366

1 yuan coin made by Hubei province

Price Realized: RMB 4,197,500

   

Lot 5235

Bronze colored goblet

H 11 cm, D 8 cm Weight 163 g

Price Realized: RMB 2,185,000

 

Lot 5517

A full set of dragon stamps

Price Realized: RMB 1,495,000

 

Lot 5351

Lenin’s letter

Price Realized: RMB 690,000

 

 

 

Jewellery & Watches

Sale total 94.12 million yuan

 

In these spring auctions, the department collected color gemstones, diamonds and jade from all over the world, which were highly recognized by collectors and achieved breakthrough results. At present, collectors pay more attention to quality and the price of Jewellery than before. Jewellry is a wearable work of art. Thus, exquisite, concise and atmospheric design becomes more popular.

 

I will lead the team to show you more qualified treasures. I hope to get your continuous attention.

 

  --- Wang Ting, General Manager of

  Jewellery & Watches Department

 

 

Lot 5157

Magnificent and rare 25.30 carat natural d colour vvs1 clarity diamond and diamond ring

Price Realized: RMB 11,730,000

 

Lot 5160

Extremely rare and important 22.12 carat natural d colour vvs1 clarity type IIa diamond and total weight of approximately 36.82 carat diamond pendant necklace

Price Realized: RMB 11,500,000

 

Lot 5156

Extremely fine 10.74 carat natural d colour if clarity type iia diamond ring

Price Realized: RMB 6,037,500

 

Lot 5181

Extremely fine natural jadeite ruby and diamond bead necklace

Price Realized: RMB 5,175,000

   

Lot 5105

Fine and rare 7.01 carat natural fancy light orangy pink vvs1 clarity diamond and diamond ring

Price Realized: RMB 4,945,000

 

 

 

Fine Wine & Spirits and Rare Tea

Sale total 113 million yuan

 

Under the careful preparation of the department, the four sessions of Fine Wine & Spirits and Rare Tea achieved good results, with a total turnover of 113 million yuan, breaking through the 100 million yuan mark for the first time.

 

Mou-tai and wine set new records, and the turnover rate of whisky hit a new high. Sessions Fine and Rare Kweichou Moutai Chiew and Rare and Vintage Pu-er & Premium Tea were 100 percent sold. Mou-tai session won its 10th consecutive white glove.

 

The successful results of the four sessions once again represent collectors’ recognition of China Guardian. We are grateful and will work harder to collect better items for the next season's auction.

 

--- David Yu, General Manager of

Fine Wine & Spirit and Rare Tea Department

 

 

Lot 4064

120 bottle of Maotai in 2013

500ml(20 boxes * 6 bottles)

Price Realized: RMB 7,130,000

 

Lot 4378

Pu’er Tea

2197 g

Price Realized: RMB 2,645,000

 

   

Lot 4247

Gordon&Macphail speymalt from macallan 1938/1940/1950/1968/1971/1988 single malt scotch whisky

6 * 700 ml

Price Realized: RMB 977,500

 

Lot 3852

Chateau Lafite Rothschild - Vintage 1982

6*750ml

Price Realized: RMB 598,000

 

 

 

China Guardian Auctions Co., Ltd (headquarters)

Customer service:(86-10)8592 8288-3

Accounting service:(86-10)8592 8288-4

Media cooperation:(86-10)8592 8288-5

Transportation consulting:(86-10)8592 8229

E-bidding consulting:150 1000 6220 / 159 1080 7786

Official website:www.woeiswo.com

Email address: mail@cguardian.com

Address: 3/F, Guardian Art Center, No. 1 Wangfujing Street, Dongcheng District, Beijing

 

 

China Guardian (Hong Kong) International Auction Co., Ltd

Customer service:( 852 ) 2815 2269

Email address: hkauction@cguardian.com.hk

Address:5/F, Tower 1, Lippo Centre, 89 Queensway, Hong Kong

 

 

Contacts of our regional offices

Shanghai Office

( 86-21 ) 5466 0508

shoffice@cguardian.com

———

Guangzhou Office

( 86-20 ) 3808 8589

gzoffice@cguardian.com

———

Nanjing Office

( 86-25 ) 8670 2356

njoffice@cguardian.co

———

Hangzhou Office

( 86-571 ) 8535 9925

hzoffice@cguardian.com

———

Hong Kong Office

( 852) 2815 2269

hkoffice@cguardian.com.hk

———

Taiwan Office

( 886) 2 2757 6228

twoffice@cguardian.com.tw

———

Japan Office

( 81-3 ) 6206 6682

jpoffice@cguardian.com

———

North America Office (US)

( 212) 308 8889 / ( 888 ) 799 8830

usoffice@cguardian.com

———

North America Office (Canada)

(001)778 865 3308 / 778 372 8358

caoffice@cguardian.com

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