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The 58th China Guardian Quarterly Auctions closed successfully on March 31. A total of 12 sessions, including Chinese Paintings and Calligraphy, Porcelain, Jade, Works of Art, Rare Books, and Manuscripts, fetched a total turnover of 208 million yuan, which is the best result of the Quarterly Auctions in the past seven years. The event also had an average turnover rate of 90 percent, the highest in the history of the Quarterly Auctions.

 

As a model for midsized auction platforms in the nation, China Guardian Quarterly Auctions embody the role of the market vane, show the vitality and potential of art market, and offer positive signals for the market this year.

 

 

 

Highlights of the auction

 

◎ The auction fetched a total turnover of 208 million yuan, which is the best result of the Quarterly Auctions in the past seven years. The event also had an average turnover rate of 90 percent, the highest in the history of the Quarterly Auctions.

 

◎ The Chinese Paintings and Calligraphy portion fetched 151.96 million yuan.  “Modern and Contemporary Chinese Paintings and Calligraphy (Ⅰ) ” reached a turnover rate of 84 percent, and raised 14.007 million yuan. “Masterpieces by Modern Chinese Paintings and Calligraphy Artists” had a turnover rate of 82.4 percent, and raised 22.625 million yuan, “Modern and Contemporary Chinese Paintings and Calligraphy (Ⅱ)”, offering 660 lots, fetched 25.869 million yuan, reaching a 93 percent turnover rate. “Modern and Contemporary Chinese Paintings and Calligraphy” raised 21.537 million yuan. And “Classical Chinese Paintings and Calligraphy” offered 718 lots, fetching 31.909 million yuan with a turnover rate of 90 percent.

 

◎ The Porcelain, Jade and Works of Art portion raised 84.3 million yuan. In this part, one session achieved a white glove, and the turnover rate of two sessions was nearly 100 percent. “Collection of Jundetang” reached a white glove with a total turnover of 6.866 million yuan. “Collection of Juzhentang” achieved an 85 percent turnover rate with 4.6575 million yuan. “Charm of Important Porcelain ＆ Pleasure in the Palm” fetched 16.965 million yuan with a turnover rate of 94 percent. “Porcelain Collections of Guardian’s Companions” offered 745 lots, achieving a 96 percent turnover rate with a total turnover of 31.757 million yuan. “Porcelain, Jade and Works of Art”, offering 1,127 lots, raised 24.057 million yuan, and reached a 97 percent turnover rate.

 

◎ Two sessions in the Rare Books, Rubbings and Manuscripts portion fetched 7.69 million yuan. “Rare Books ＆ Rubbing Books” and “Collections From Japan and Manuscripts” achieved an 89.5 percent turnover rate, and “Rare Books ＆ Rubbing Books” raised 5.527 million yuan.

 

◎ Online bidding becomes more popular. The online turnover achieved 81.6385 million yuan. The number of lots online accounted for 54 percent of the total.

 

 

 

 

 

 

Chinese Paintings and Calligraphy

 

In this auction, we carefully prepared five sessions, more than 2,500 artworks, and finally achieved a turnover rate of nearly 90 percent. We actively adjust ourselves to adapt to changes in the art market, which has been widely recognized. The turnover rate of 90 percent and the high average selling price all show the affirmation from the public, especially for classic Chinese paintings and calligraphy. In terms of bidding methods, more and more customers were inclined to do online bidding, which has brought fresh vitality to the market, and also brought us new opportunities and ideas. We hope more friends who love art will join us.

 

　　--- Xiao Yang, General Manager of

　　Quarterly Auctions-Chinese Paintings and Calligraphy Department

 

Lot 571

Yang Wei

Horses

176×241 cm

Price Realized: RMB 2,300,000

 

Lot 547

Yu Fei’an

Bamboo and Bird

98×55 cm

Price Realized: RMB 1,265,000

 

Lot 562

Lan Ying

Landscape

174×46 cm

Price Realized: RMB 1,207,500

 

Lot 2113

Xu Liang

Cattle Ranching

26×254 cm

Price Realized: RMB 1,150,000

 

Lot 513

Huang Zhou

Donkeys

90×48 cm

Price Realized: RMB 1,035,000

 

Lot 1097

Fan Zeng

Characters

137×69 cm

Price Realized: RMB 977,500

 

 

 

Porcelain, Jade and Works of Art

 

The first Quarterly Auctions of the year is recognized as a bellwether of the market. Therefore, we were more attentive in preparing it, and we are very pleased with the result of this auction. In the porcelain session, it had a wonderful result, with a total turnover of 84.3 million yuan and a 97 percent turnover rate, ranking second after the “Collection of Tianminlou” session in the Quarterly Auctions. When I review each category, I found that the porcelain part was still the best seller. And the jade also sold better than before, especially through online bidding. In the future, we will make more efforts to open up a new world for jade in online platforms.

 

　　---Liu Yang, General Manager of

　　Ceramics and Works of Art Department

　　 

　　　　

 

Lot 3516

Yongzheng Period of the Qing Dynasty

Doucai bowl with characters

D 17.7

Price Realized: RMB 862,500

　　　　

Lot 3576

Kangxi Period of the Qing Dynasty

Blue and white goblet with a broad lip, long narrow stem, characters, and flowers

H 45.3

Price Realized: RMB 862,500

 

Lot 3838

Kangxi Period of the Qing Dynasty

Blue and white plate with characters and patterns

D 33.2 cm

Price Realized: RMB 632,500

 

Lot 3522

Yongzheng Period

A couple of yellow glazed plate with characters

D 14.2

Price Realized: RMB 621,000

 

Lot 3653

Qianlong Period of the Qing Dynasty

Blue and white pot with dragon and cloud patterns

D 64

Price Realized: RMB 575,000

 

Lot 5344

Bronze and golden paint Avalokitesvara statue

H 35

Price Realized: RMB 977,500

 

 

 

Rare Books, Rubbings and Manuscripts

 

Two sessions in this portion finally achieved a total turnover of 7.69 million yuan with a high turnover rate. Many subsections caught the eyes of collectors. This auction achieved a great result, indicating a good trend for the art market this year.

 

　　---Song Hao, General Manager of

　　Rare Books, Rubbing & Manuscripts Department

 

 

Lot 3223

Compiled Xu Zhuo

Collection of Poems of the Tang Dynasty

Copy in Kangxi Period of the Qing Dynasty (1706 )

11.6×16.5 cm

Price Realized: RMB 322,000

 

Lot 3218

Zhu Yizun

Bao Shu Ting Ba Shi Juan Di Yu Xiao Gao Shi Juan

Copy in the Qing Dynasty

13.5×19.5 cm

Price Realized: RMB 230,000

 

Lot 3207

Duan Wenjie

Dunhuang murals, Travel of General Hexi

Painted in 1986

220.5×102.5 cm

Price Realized: RMB 149,500

 

Lot 3226

Xuan Ye

Yu Zhi Shi Di Er Ji Shi Juan

Copy in Kangxi Period of the Qing Dynasty (1703)

13.5×18.8 cm

Price Realized: RMB 149,500

 

Lot 2774

Zhang Jian

Calligraphy

1924

41×205.5 cm

Price Realized: RMB 126,500

 

 

　　After a changeable year of 2020, the first auction in 2021 has sent a positive signal, which proves once again that the vitality of the art market remains the same, and makes us more confident about the upcoming spring auction in 2021.