15 Paintings Sold for above HK$10m at Sotheby’s Modern and Contemporary Art Evening Sale

Sotheby’s Modern and Contemporary Art Evening Sale caught everybody’s attention with its impressive performance. Among 73 paintings on offer, 15 were sold for prices above HK$10m with buyer’s premium. Here is a summary of all 15 paintings.

 

Paintings sold for prices above HK$10m

YUN GEE (ZHU YUANZHI) (1906 – 1963). WHEELS: INDUSTRIAL NEW YORK

Lot no.:1017
Size: 214 x 122cm
Created in: 1932
Signed: Yun Gee (bottom right)
Provenance: Collection of the artist's family
Estimate: HK$80,000,000 - 120,000,000
Hammer Price: HK$92,000,000
Price realized: HK$105,287,500

SANYU (1901-1966). LÉOPARD.

Lot no.:1018
Size: 93 x 116cm
Created in: 1931
Signed: YU Sanyu 1931 (bottom left)
Provenance:

  • Collection of Henri-Pierre Roché
  • Collection of Jean-Claude Riedel
  • Christie's, Hong Kong, 26 October 2003, Lot 127
  • Acquired directly from the above by the present important private Asian collector

Estimate Upon Request
Hammer Price: HK$69,000,000
Price realized: HK$79,412,500

ZAO WOU-KI (1921-2013). 09.01.63.          

Lot no.:1016
Size: 130 x 195cm
Created in: 1963
Signed: WOU-KI ZAO (bottom right) ZAO Wou-Ki 9.1.63 (on the reverse)
Provenance:

  • Galerie de France, Paris
  • Important private European collector

Estimate: HK$50,000,000 - 70,000,000
Hammer Price: HK$68,000,000
Price realized: HK$76,037,500

GERHARD RICHTER. ABSTRAKTES BILD (679-2)

Lot no.:1065
Size: 120 x 100cm
Created in: 1988
Signed: Richter, 1988, 679-2 (on the reverse)
Provenance:

  • Sperone Westwater Gallery, New York
  • Private Collection, Beverly Hills
  • Sotheby's New York, 1 November 1994, Lot 60
  • Acquired by the present owner from the above sale

Estimate: HK$32,000,000 - 48,000,0001
Hammer Price: HK$42,000,000
Price realized: HK$49,037,500

KUSAMA YAYOI. UNTITLED.

Lot no.:1067
Size: 106.7 x 91.8cm
Created in: 1972
Signed: Yayoi Kusama, 1972 (on the reverse)
Provenance:
Beatrice Perry Collection (acquired directly from the artist in 1972)
Paula Cooper Gallery, New York
Private Collection
Christie's, New York, 11 May 2011, lot 64
Acquired by the present owner from the above sale
Estimate: HK$32,000,000 - 45,000,000
Hammer Price: HK$36,000,000
Price realized: HK$42,287,500

KUSAMA YAYOI. SHIRLEY MACLAINE.

Lot no.:1051
Size: 119 x 99cm
Created in: 1970
Signed: Yayoi Kusama, 1970 (on the reverse)
Provenance:

  • Galerij Orez, Netherlands
  • Private Collection
  • MOMA Contemporary, Fukuoka
  • Private Collection
  • Acquired by the present owner from the above

Estimate: HK$18,000,000 - 25,000,000
Hammer Price: HK$25,000,000
Price realized: HK$29,912,500

WU GUANZHONG (1019). OLD SHANGHAI.

Lot no.:1019
Size: 45.5 x 60cm
Created in: 1974
Signed: signed and inscribed in Chinese; inscribed, titled and signed in Chinese on the reverse
Provenance: Important Private Asian Collection
Estimate: HK$5,000,000 - 8,000,000
Hammer Price: HK$20,000,000
Price realized: HK$24,100,000

LIU WEI. BORN 1989 IN BEIJING

Lot no.:1060
Size: 200 x 200cm
Created in: 1995
Signed: Liuwei, 1995.12
Provenance:

  • Guy and Myriam Ullens de Schooten Collection
  • Sotheby's, Hong Kong, 3 April 2011, lot 857
  • Acquired by the present owner from the above sale

Estimate: HK$18,000,000 - 24,000,000
Hammer Price: HK$18,000,000
Price realized: HK$21,700,000

LIU WEI. REVOLUTIONARY FAMILY SERIES

Lot no.:1059
Size: 100 x 100.5cm
Created in: 1993
Signed: Liu Wei, 1991.3
Provenance:

  • Private Collection (acquired directly from the artist)
  • Private European Collection
  • Christie's, Hong Kong, 28 May 2011, lot 1032
  • Acquired by the present owner from the above sale

Estimate: HK$10,000,000 - 15,000,000
Hammer Price: HK$12,500,000
Price realized: HK$15,100,000

PARK SEOBO. ECRITURE NO. 38-75

Lot no.:1056
Size: 130.5 x 162.5cm
Created in: 1975
Signed: signed and titled in Hanja and English and dated 1975 on the reverse
Provenance:

  • Estate of the artist
  • Blum & Poe Gallery, Los Angeles
  • Acquired by the present owner from the above

Estimate: HK$6,000,000 - 8,000,000
Hammer Price: HK$11,000,000
Price realized: HK$13,300,000

JU MING (ZHU MING). TAICHI SERIES.

Lot no.:1023
Size: 148.2 x 170.2 x 191.5cm;175.3 x 178 x 239.4cm
Created in: 1996
Signed: incised with the artist's signature in Chinese, dated 96, and numbered 4/8 (each)
Provenance: Important Private Asian Collection
Estimate: HK$9,000,000 - 15,000,000
Hammer Price: HK$10,500,000
Price realized: HK$12,700,000

TANAKA ATSUKO (1932-2005). 88B.

Lot no.:1068
Size: 194 x 258.3cm
Created in: 1988
Signed: signed and titled in English and dated 1988 on the reverse
Provenance:

  • Estate of the artist
  • Private Asian Collection
  • Acquired by the present owner from the above

Estimate: HK$7,000,000 - 9,000,000
Hammer Price: HK$10,500,000
Price realized: HK$12,700,000

KUSAMA YAYOI. PUMPKIN.

Lot no.:1064
Size: 73 x 91cm
Created in: 1988
Signed: signed and titled in English and dated 1998 on the reverse
Provenance:

  • Jean Gallery, Seoul
  • Mitsukoshi Department Store, Japan
  • Acquired by the present owner from the above

Estimate: HK$6,000,000 - 8,000,000
Hammer Price: HK$10,000,000
Price realized: HK$12,100,000

ANITA MAGSAYSAY – HO (1914-2012). MGA BABAENG MAY HAWAK NG MGA BASKET NG PRUTAS.

Lot no.:1038
Size: 77 x 102cm
Created in: 1958
Signed: signed and dated 1958
Provenance:
Acquired directly from the artist, thence by descent
Private Collection, USA
Estimate: HK$5,000,000 - 7,000,000
Hammer Price: HK$10,000,000
Price realized: HK$12,100,000

LÉONARD TSUGUHARU FOUJITA (1886-1968). FILEUSE ET JEUNE FILLE AU CHIEN (DIPTYCH

Lot no.:1020
Size: 142 x 58cm (left); 142 x 60cm (right)
Created in: 1925
Signed: signed in Japanese and English, dated 1925
Provenance:

  • Shinwa Art Auction Japan, 19 May 2012, Lot 98
  • Acquired directly from the above sale by the present important private Asian collector

Estimate: HK$3,200,000 - 4,200,000
Hammer Price: HK$9,000,000
Price realized: HK$10,900,000


(Provenances consolidated by The Value)

Auction Summary

Auction house: Sotheby’s Hong Kong
Sale: Modern and Contemporary Art Evening Sale
Auction Date: 2017/9/30
Sale total: HK$710,227,500
No. of lots: 73
Sold: 681
Unsold: 5
Average price per lot: HK$10,444,522
Sell-through rate: 93%

(All prices realized have included buyer’s premium unless otherwise specified)