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The sale of ‘Early Qing Dynasty Porcelain from the Collection of the Museum of Fine Arts Boston’ led off the May 12 China Guardian 2007 Spring Auctions in an auspicious manner, selling 100% of the 18 lots for a total of RMB 3.3 million.

Among the works were two brilliantly colored Shunzhi reign Wucai works, and a large group of Kangxi reign porcelains, including Bangqchui, Huagu, and Phoenix Tail vases as well as General’s Hat jars. Glazing styles ranged from Blue and White to Wucai and Underglaze Sancai. According to experts, there will be a clear cultural impact because of this group of de-accessioned museum pieces, increasing the value of similar porcelain and works of art from the same era.

The results of these 18 pieces, combined with the 21 lots auctioned in the March 2007 Seasons Auction, make a total sale of RMB 4.1 million for those works of porcelain de-accessioned from the Museum of Fine Arts Boston. These are certainly pleasing results for the historic first auction of de-accessioned works from a foreign museum through a Chinese auction house.

Among the more developed European and American museums, de-accessioning collection pieces in auction can be away to generate revenue, enriching the museum’s wealth and at the same time providing opportunity to optimize and fill out the structure and content of the collection.

For the last half year the Museum of Fine Arts Boston has been carefully researching and considering the current market and has gone through several rounds of discussion with China Guardian Auctions.

In the end it was their decision to use the auction format to sell a portion of redundant collection pieces. They asked China Guardian to help them do so, resulting in the two sales over these last three months of ‘Early Qing Porcelain from the Museum of Fine Arts Boston.’ This marks not only the first time that the Museum of Fine Arts Boston has ever auctioned de-accessioned works abroad, but also the first time that a Chinese auction house has been chosen to sell de-accessioned works from a foreign museum, marking yet another milestone in the development of the Chinese auction industry.

These auctions signify both another a cultural exchange between the east and the west in the world of auction, and also indicate that the status of Chinese auction houses in the international arts industry is continually growing.