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48th China Guardian Quarterly Auctions fetch RMB 194 million
2017-04-06

The 48th China Guardian Quarterly Auctions raised a total of 194 million yuan in sales by the time the auction concluded at the Beijing International Hotel in Beijing on April 2.

 

Nearly 6,000 items went under the hammer during the three-day auction, including Chinese paintings and calligraphy, 20th century and contemporary Chinese art, porcelain, jade, artworks, rare books, coins and stamps.

 

As a renowned brand name in the art circle, China Guardian Quarterly Auctions have always been favored by collectors.

 

After the auction, CEO of China Guardian Hu Yanyan said: “China Guardian has spared no efforts to build the Quarterly Auctions as the largest and most authoritative offline trading platform for the Chinese art market and also made it available to ordinary people. Nowadays, following the trend of the Chinese art market, the Quarterly Auctions have attracted numerous collectors and amateurs. The 48th China Guardian Quarterly Auctions have made a good beginning. The performances of sections of Chinese painting and calligraphy, porcelain, and rare books exceeded our expectations. Moreover, the total sales volume of the auctions has also made a huge increase comparing to the same period last year.”

 

The 48th China Guardian Quarterly Auctions concluded at the Beijing International Hotel in Beijing.

 

Market segment and accurate positioning

 

Under current market circumstances, China Guardian Quarterly Auctions further confirmed the positioning of “Ordinary artworks created by great masters, and quality artworks by ordinary artists”. The strategy not only offers a solid platform for collectors to choose favored items, but also provides suitable items for green hands.

 

Chinese painting and calligraphy

 

The session “Master Pieces by Modern Chinese Painters” was the pinnacle of the 48th China Guardian Quarterly Auctions, which presented 87 pieces and achieved a sales volume of 31.62 million yuan.

 

Qi Baishi’s Dragonfly and Morning Glory was sold for 2.702 million yuan, Li Keran’s Boy and Buffalo sold for 2.53 million yuan, Zhang Daqian’s Beauty and Bamboo sold for 2.3 million yuan, Huang Zhou’s Girl and Chicken sold for 1.495 million yuan.

 

Qi Baishi’s Dragonfly and Morning Glory

Price Realized: RMB 2,702,500

 

Li Keran’s Boy and Buffalo

Price Realized: RMB 2,530,000

 

Zhang Daqian’s Beauty and Bamboo

Price Realized: RMB 2,300,000

 

Huang Zhou’s Girl and Chicken

Price Realized: RMB 1,495,000

 

Liu Haisu’s Calligraphy

Price Realized: RMB 1,495,000

 

The total sales volume for “Modern Chinese Painting and Calligraphy (I)” was 14.25 million yuan. Zhang Daqian’s Character and Banana Leaves was sold for 264,500 yuan. Qi Gong’s calligraphy work sold for 598,000 yuan. Huang Binhong’s landscape painting Cottage, Pine Tree, and Mountain sold for 414,000 yuan, much higher than its estimated price.

 

Qi Gong’s calligraphy work

Price Realized: RMB 598,000

 

Huang Binhong’s landscape painting Cottage, Pine Tree, and Mountain

Price Realized: RMB 414,000

 

The total sales volume for “Modern Chinese Painting and Calligraphy (II)” was 22.39 million yuan. Xie Zhiliu’s painting Character fetched 575,000 yuan. Qi Baishi’s painting Vegetables was sold for 517,500 yuan. Calligraphy works also produced exciting results. Guo Moruo’s Calligraphy was sold for 207,000 yuan. Feng Youlan’s Calligraphy was hammered at the highest price of 120,750 yuan.

 

Xie Zhiliu’s painting Character

Price Realized: RMB 575,000

 

Qi Baishi’s painting Vegetables

Price Realized: RMB 517,500

 

Guo Moruo’s Calligraphy

Price Realized: RMB 207,000

 

The total sales volume for “Contemporary Ink Painting” was 14.92 million yuan. Jia Youfu’s painting Cloud and Herding was sold for 1.84 million yuan, the highest selling item of the session. Several special sections of the session were all reached a high sales rate of 100% by lots.

 

Jia Youfu’s painting Cloud and Herding

Price Realized: RMB 1,840,000

 

Chen Ping’s Ink Plum

Price Realized: RMB 805,000

 

Chen Ping’s porcelain vases

Price Realized: RMB 184,000

 

Chen Ping’s bookcases

Price Realized: RMB 138,000

 

Dong Xinbin’s Landscape

Price Realized: RMB 115,000

 

Wang Mingming’s Character

Price Realized: RMB 414,000

 

The 279 items from “Classical Chinese Painting and Calligraphy (I)” were sold for a total of 15.86 million yuan. The total sales volume of “Classical Chinese Painting and Calligraphy (II)” was 23.92 million yuan. Qiu Ying’s character and landscape painting Spring Dawn in Farming Land was sold for 3.45 million yuan, about 30 times its estimated price of 12,000 yuan. Dong Qichang’s landscape painting and calligraphy Shihuache was also sold at an unexpectedly high price at 1.55 million yuan.

 

Qiu Ying’s character and landscape painting Spring Dawn in Farming Land

Price Realized: RMB 3,450,000

 

Dong Qichang’s landscape painting and calligraphy Shihuache

Price Realized: RMB 1,552,500

 

Zheng Xie’s Bamboo and Rock

Price Realized: RMB 713,000

 

Xu Gu’s New Year's Offerings

Price Realized: RMB 747,500

 

Shen Quan’s Deer and Pine

Price Realized: RMB 690,000

 

He Shaoji’s Calligraphy

Price Realized: RMB 517,500

 

Porcelain and works of art

 

China Guardian Quarterly Auctions have deliberately chosen interesting cultural items for new and old collectors.

 

For example, in the session “Arts from the Scholar's Studio”, China Guardian improved the layout of the scholar’s studio and added more furnishings in order to be able to read and write.

 

A pair of cabinet with phoenix and peony patterns, Qing Dynasty

Price Realized: RMB 805,000

 

A bronze censer, Qing Dynasty

Price Realized: RMB 241,500

 

Seal with lion patterns made of Tianhuang stone, middle period of Qing Dynasty

Price Realized: RMB 218,500

 

After two years of preparations, “Collection of Mimu Retreat II” is another session that presented items from a single collector. It reflects the unique aesthetic taste of the owner of Mimu Retreat. A Gilt Bronze statue of Vaishravana from the Emperor Qianlong period of Qing Dynasty was the highlight of the session and was sold for 1.15 million yuan. A white and blue porcelain candelabrum with flower patterns also from the same period was sold for 862,500 yuan.

 

A gilt bronze statue of Vaishravana from the Emperor Qianlong period of the Qing Dynasty

Price Realized: RMB 1,150,000

 

A white and blue porcelain candelabrum with flower patterns from the Emperor Qianlong period of the Qing Dynasty

Price Realized: RMB 862,500

 

The session “Charm of the Important Porcelains” carefully selected more than 100 pieces of chinaware. A Ru glazed zun from the reign of Emperor Qianlong of Qing Dynasty was sold for 448,500 yuan. A colored jar with lotus flower patterns from the reign of Emperor Yongzheng of Qing Dynasty was a hot item collectors chased and eventually sold for 345,000 yuan.

 

A Ru glazed zun, Emperor Qianlong Period of the Qing Dynasty

Price Realized: RMB 448,500

 

A colored jar with lotus flower patterns from the reign of Emperor Yongzheng of Qing Dynasty

Price Realized: RMB 345,000

 

A white and blue porcelain brush pot, Ming Dynasty

Price Realized: RMB 241,500

 

Nearly 1,000 items were collected for the session “Jade and Works of Art”. A rare bronze gilt Buddhist figure of Sakyamuni in Tibet and Han ethnic style from the 15th century was a highlight sold for 1.32 million yuan. A jade vase from the early Qing Dynasty get its highest price at 218,500 after several rounds of bidding.

 

A rare bronze gilt Buddhist figure of Sakyamuni in Tibet and Han ethnic style from the 15th century

Price Realized: RMB 1,322,500

 

A jade vase from the early Qing Dynasty

Price Realized: RMB 218,500

 

Manuscripts and rare books

 

This portion included several themed sessions, providing rare books, letters, manuscripts and autographs. Its total sales volume was 9.72 million yuan.

 

The Mirror of Orthodoxy is a rare book that concluded the loss and gains of Chinese Buddhism before the Song Dynasty. The book was sold for 184,000 yuan. A Ming Dynasty edition of Mister Lv's Spring and Autumn Annals was sold for 172,500 yuan.

 

Mirror of Orthodoxy, Yuan Dynasty

Price Realized: RMB 184,000

 

A Ming Dynasty edition of Mister Lv's Spring and Autumn Annals

Price Realized: RMB 172,500

 

A set of old books about Chinese revolution collected by Tang Sou was sold for 207,000, while its estimate price was just 1000-3000 yuan. A set of books written by Marx and Engels with the same estimate price also reached a high price at 149,500.

 

A set of old books about Chinese revolution collected by Tang Sou

Price Realized: RMB 207,000

 

A set of books written by Marx and Engels

Price Realized: RMB 149,500

 

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