Chinese ceramics fetch record highs at New York auctions
Updated: 2016-10-19 11:26
(chinadaily.com.cn)
|
||||||||
A rare peachbloom-glazed "chrysanthemum" vase from Kangxi period (1654-1722) of the Qing Dynasty [Photo/christies.com] |
Chinese ceramics did especially well in New York's autumn auction market, setting new records with many collectors picking up the porcelains alongside ancient paintings and other royal items, reported the Financial Times.
A batch of auctions by the two auction houses Sotheby's and Christie's concluded in late September, with the market showing stability and ceramics in particular performing very well. During the Metropolitan Museum of Art's ceramic sale, renowned antiquarians gathered and despite the fact that there wasn't fierce bidding on the floor, offline auctions clinched deals for 100% of the pieces. At the same time, a tenmoku "oil spot" Jian tea bowl dating from China's Southern Song Dynasty (1127-1279) sold for more than $11.7 million, setting a new world record for a Jian kiln item, during Christie's Asian Art Week in New York. The sale has invigorated the ancient ceramics auction market.
Chinese ceramics, along with other Chinese art categories, have netted $2.3 billion in the first half of 2016, occupying over 30% of art sales of the world's auction houses, which totals $6.53 billion.
Due to the popularity of Chinese ceramics in the first three quarters of this year, art collectors and investors who focus on China's ancient paintings and calligraphy or royal antiques are turning to ceramics.
According to the United Nations Educational Scientific and Cultural Organization, of the collections in over 200 museums from 47 countries around the world, there are more than 1.64 million Chinese relics. Most of these relics were lost overseas after the Opium War in 1840, and the proportion of ceramics cannot be calculated accurately. The flow of trade of Chinese ceramics from the Tang Dynasty (618-907) to the Qing Dynasty (1644-1911), which was far wider than other art categories, also makes the total number of overseas Chinese ceramics more difficult to estimate.
- Flying club offers bird's-eye view of Pyongyang
- Greeks rally against labor reforms
- New poll shows Clinton's double-digit lead over Trump
- Iraqi forces fighting all out to free Mosul from IS
- Iraqi forces begin major offensive to retake Mosul from IS group
- Thai PM reassures on smooth succession; coronation after king's funeral
- World in photos: Oct 10 - 16
- Fairing fragments of Shenzhou XI found in Shaanxi
- Feast for the eyes: Photo Beijing 2016
- China's Shenzhou spaceship: A proud family
- Journeys toward prosperity
- Female investors rise to top of venture capital companies
- Peng Shuai claims title of women's singles at WTA Tianjin Open
- Birthday celebration held for panda cubs at Toronto Zoo
Most Viewed
Editor's Picks
Anti-graft campaign targets poverty relief |
Cherry blossom signal arrival of spring |
In pictures: Destroying fake and shoddy products |
China's southernmost city to plant 500,000 trees |
Cavers make rare finds in Guangxi expedition |
Cutting hair for Longtaitou Festival |
Today's Top News
'Zero Hunger Run' held in Rome
Trump outlines anti-terror plan, proposing extreme vetting for immigrants
Phelps puts spotlight on cupping
US launches airstrikes against IS targets in Libya's Sirte
Ministry slams US-Korean THAAD deployment
Two police officers shot at protest in Dallas
Abe's blame game reveals his policies failing to get results
Ending wildlife trafficking must be policy priority in Asia
US Weekly
Geared to go |
The place to be |