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59th China Guardian Quarterly Auctions raise 204 million yuan

2021-10-11

The 59th China Guardian Quarterly Auctions closed successfully on Sept 29. A total of 13 sessions, including Chinese Paintings and Calligraphy, Porcelain, Jade, Works of Art, Rare Books and Manuscripts, fetched a total of 204 million yuan with an average turnover rate of 87 percent.

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Chinese Paintings and Calligraphy

This section featured six sessions, about 2,500 pieces of art and 102.43 million yuan of value, with an average turnover rate of 80 percent.

“As China Guardian’s online bidding system and related services are becoming more mature, many new collectors participated in the auction through the internet, which injected fresh power into the art market,” said Xiao Yang, general manager of Quarterly Auctions-Chinese Paintings and Calligraphy Department.

“In March next year, China Guardian Quarterly Auctions will usher in its 60th auction. The consignment has begun. We look forward to moving forward with more friends who love art.”

Lot 534

Bai Xueshi

Landscape

69×137 cm

Price Realized: RMB 1,265,000

Lot 943

Li Xiongcai

Sparrow and Flowers

68×136 cm

Price Realized: RMB 920,000

Lot 542

Qi Baishi

Shrimp

134×33 cm

Price Realized: RMB 862,500

Lot 520

Qi Baishi

Butterfly and Chrysanthemum

66×34 cm

Price Realized: RMB 575,000

Lot 1211

Wu Guanzhong

Bamboo Shoots

46×34cm

Price Realized: RMB 402,500

Lot 2029

Qian Weicheng

Birds and Flowers, Character and Landscape

13×23 cm(26)

Price Realized: RMB 1,380,000

Lot 2037

Wang Duo

Calligraphy

156×53 cm

Price Realized: RMB 1,380,000

Lot 2045

Huang Gongwang

Landscape

153×68 cm

Price Realized: RMB 1,150,000

Porcelain, Jade and Works of Art

This section offered more than 2,400 items, forming five sessions, and saw a total turnover of 96.56 million yuan, the second-highest for the 58th Quarterly Auctions.

The session "Porcelain Collections of Guardian’s Companions" in this season had the largest number of items since its establishment, with a turnover rate of 97.24 percent and a total turnover of 34.584 million yuan. Some jade and work of art that were auctioned online for the first time also received a warm welcome from buyers, with a turnover rate of 95.08 percent.

Liu Yang, general manager of Ceramics and Works of Art Department, said in this auction, some of the jade and works of art tried a new form of "offline preview and online auction" for the first time, which provides a new way for the department to seek the development of other sectors.

Lot 3619

Yongzheng Period of the Qing Dynasty

An underglaze red pear-shaped vase with a flared lip and clouds and dragon patterns

H 30.7 cm

Price Realized: RMB 2,185,000

Lot 3516

Qianlong Period of the Qing Dynasty

A ruyou vase in the shape of a gourd

H 20.3 cm

Price Realized: RMB 1,610,000

Lot 3521

Qianlong Period of the Qing Dynasty

A doucai square bottle with dragon and phoenix patterns

H 27.3 cm

Price Realized: RMB 1,610,000

Lot 3548

Kangxi Period of the Qing Dynasty

A wucai plate with flower, dragon and phoenix pattern

D 32 cm

Price Realized: RMB 1,150,000

Lot 3551

Qianlong Period of the Qing Dynasty

A doucai jar with lotus patterns and Chinese character “shou”

H 48.4 cm

Price Realized: RMB 1,058,000

Lot 3618

Kangxi Period of the Qing Dynasty

An underglaze red wine vessel with a long narrow neck and sawtooth patterns

H 23 cm

Price Realized: RMB 977,500

Lot 3708

Ming Dynasty

A copper bowl-shaped incense burner with lotus petal patterns

D 13.5, Weight 1292g

Price Realized: RMB 713,000

Rare Books, Rubbings and Manuscripts

A total of 590 items were offered in this section, forming two sessions, “Rare Books ＆ Rubbings Book” and “Letters and Manuscripts”. It achieved a turnover of 5.36 million yuan and a turnover rate of 73 percent.

“Rare Books, Rubbings and Manuscripts” has been part of Quarterly Auctions for more than 10 years. It is a close link between China Guardian and the market as a whole. “The stable transaction of rare books in quarterly auctions shows the trust of the market and collectors in China Guardian,” said departmental general manager Song Hao.