A world auction record and two over 100 million yuan auctions of Chinese art from Sotheby's in Hong Kong recorded a total transaction value of HKD 980 million in autumn auctions

 Auction Information     |      Network source    |    2023-06-03 16:31
30 minute intense bidding with over 80 bids
Dr. Wu Quan, Tibetan Treasure
Qing Emperor Qianlong's Western Colored Purple Red Brocade Ground Qiankun Jiaotai Rotating Bottle
Eye-catching transaction at HKD 177463000

Sir He Hongqing's Private Collection
Ming Dynasty Huanghua Pear Round Back Chair
Transaction at HKD 124609000
**Set a New World Auction Record**

The autumn auction of Sotheby's Chinese art in Hong Kong held at the Hong Kong Convention and Exhibition Center for two consecutive days this weekend was filled with enthusiastic bidding atmosphere, and two more auctions worth more than 100 million yuan were sold. The leading auction was a Qing Dynasty Qianlong imperial purple and red brocade earth Qiankun Jiaotai rotary vase made from Dr. Wu Quan's collection of treasures. After a 30 minute competition, multiple collectors offered over 80 pieces and ultimately sold it at a high price of HKD 177463000. The other piece is the Ming Dynasty Huanghua Pear Round Back Chair, which was sold for HKD 124609000 at the evening auction of Sir Ho Hung ching's private collection, setting a new world record for chair trading. The transaction price is nearly twice the original record.


We are deeply honored to present the world's top Chinese art collection leader, the Zhenji Treasure, this season. The continuous stream of bidding from Asia and even outside the region has achieved such excellent results, which is a testament to the growing demand for Chinese art collections.---NICOLAS CHOW, Chairman of the Asian Region and Chairman of the Chinese Art Department

The Western colored bottle made by Emperor Qianlong is exquisitely crafted, featuring a combination of interlayers, engravings, intertwining, and rotating designs. It features Chinese auspicious patterns, complemented by Western Baroque patterns, and features a vibrant color scheme, with a combination of purple, red, and yellow, and a tapestry of phoenix tail scrolling grass and brocade on the ground. According to records, it was fired in the eighth year of the Qianlong reign (1743) or later years, during which the imperial power was in full swing, and the development of imperial kilns reached the pinnacle.
This bottle comes from an outstanding source, originally belonging to the treasure trove of British Avery Morrison (1821-1897). By 1971, Dr. Wu Quan purchased this bottle at an auction, and it has been passed down by the Wu family for over half a century now. It is extremely rare to reproduce in the art world.
The Qing Dynasty Qianlong imperial purple and red brocade earth Qiankun Jiaotai rotary vase, which was collected by Dr. Wu Quan and was sold at a high price of HKD 177463000 after a 30 minute competition among multiple collectors, bidding for over 80 pieces. MRC PHOTOGRAPHY


The night auction of Sir Ho Hung ching's private collection held last night (October 8th) saw the Ming Dynasty Huanghua Pear Round being auctioned with a back seat. After 15 minutes of active bidding and over 60 bids, it was finally sold for HKD 124609000, setting a new world record for auctioning with a back seat. The highly anticipated late auction results were impressive, with a total transaction volume of HKD 469226800 and a transaction rate of 93%.
 
The Ming Dynasty Huanghua Pear Round was sold for HKD 124609000 at the evening auction of Sir Ho Hung ching's private collection, setting a new world record for chair trading, with the transaction price nearly double the original record.

There were a wide variety of furniture in the Ming Dynasty, and the circular back chairs were highly sought after due to their ingenuity and magical skills. For convenience in carrying, the chair is folded, making it more susceptible to damage than other furniture. Therefore, the handed down chair is particularly rare and expensive. The reason why it cannot be used is that since ancient times, there has been a saying of "the first chair to be handed over", which metaphorically refers to the person who occupies the top position.