NEW YORK, Sept. 19, 2018
/PRNewswire/ -- Sotheby's (NYSE: BID) Asia Week sale
series concluded this weekend in New
York, with 750+ works spanning centuries of important Asian
art sold across five auctions for a total of $33.9 million. Thus far in 2018, Sotheby's
New York sales of Asian Art have
reached $113.4 million – an
impressive 42.5% increase over the same period last year. Below is
a look at the magnificent works and collections that drove these
results.
Christina Prescott-Walker,
Division Director of Asian Art at Sotheby's New York, commented: "The market for Asian
art, and Chinese art in particular, has remained extremely strong
in New York throughout 2018.
Sotheby's has had the honor of presenting works from a number of
prestigious private collections this year, including those of the
Chew Family, Jeffrey P. Stamen, Gerson
and Judith Leiber, Jingyatang, Tang Hung and Fung Bi-Che, and Stephen
Junkunc, III. Fresh-to the-market works emerging from such
storied collections continue to be sought after by buyers
internationally, and in particular those from mainland China – many of whom travel to New York to participate in our sales here. We
look forward to our upcoming sales of Asian art that will highlight
our autumn auction series in Hong
Kong, and to our New York Asia Week sales in March 2019."
ABOUT SOTHEBY'S
Sotheby's has been uniting collectors
with world-class works of art since 1744. Sotheby's became the
first international auction house when it expanded from
London to New York (1955), the first to conduct sales in
Hong Kong (1973), India (1992) and France (2001), and the first international
fine art auction house in China
(2012). Today, Sotheby's presents auctions in 10 different
salesrooms, including New York,
London, Hong Kong and Paris, and Sotheby's BidNow program allows
visitors to view all auctions live online and place bids from
anywhere in the world. Sotheby's offers collectors the resources of
Sotheby's Financial Services, the world's only full-service
art financing company, as well as the collection, artist, estate
& foundation advisory services of its subsidiary, Art
Agency, Partners. Sotheby's presents private sale opportunities
in more than 70 categories, including S|2, the gallery arm of
Sotheby's Global Fine Art Division, and three retail businesses:
Sotheby's Wine, Sotheby's Diamonds, and Viyet, the online
marketplace for interior design. Sotheby's has a global network of
80 offices in 40 countries and is the oldest company listed on the
New York Stock Exchange (BID).
*Estimates do not include buyer's premium. Prices achieved
include the hammer price plus buyer's premium and are net of any
fees paid to the purchaser where the purchaser provided an
irrevocable bid.
New York | +1 212 606
7176 | Darrell Rocha |
Darrell.Rocha@Sothebys.com | Hallie
Freer | Hallie.Freer@Sothebys.com
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SOURCE Sotheby's