Press Release (For Immediate Distribution) 5th April 2017
Poly Auction Hong Kong proudly presents Spring Auction 2017 to celebrate
its 5th anniversary, with a total receipts of HK$ 1.245 billion
3 masterpieces fetched over HK$100 million Cui Ruzhuo's Rain in the Autumn sold for HK$142 million
Zeng Fanzhi's Mask Series 1996 No.6 sold for HK$105 million
A Jadeite Bangle and an “Imperial Jade” Jadeite Beads and Diamond Necklace sold for
a high price of HK$107 million
21 masterpieces fetched over HK$10 million Zhang Zongcang's Parasol Hall in Autumn sold for HK$49.56 million,
setting a new auction record for Zhang Zongcang
The Meiyintang Collection of the Chinese Ceramics and Works of Art witnessed a white glove sale
(Hong Kong, 5th April 2017) The Spring Auction 2017 of Poly Auction (Hong Kong) Limited (Poly Auction
Hong Kong) came to a successful close with a total transaction of HK$1.245 billion.
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Chinese and Asian Modern and Contemporary Art
Celebrating the 5th anniversary of Poly Auction Hong Kong, the Chinese and Asian Modern and Contemporary
Art brought exciting results with a total transaction of HK$400 million, in which nine lots sold over HK$10
million. The Mask Series 1996 No.6 by Zeng Fanzhi took the lead with a sale price of HK$105
million, while Pink Chrysanthemums in a White Vase by Sanyu reached a high price of HK$55.46 million. Pines, A
Valley of Colours and Red Lotus Flowers by Wu Guanzhong were sold with results far exceeding the low pre-sale
estimates. After several rounds of bidding, Pines and A Valley of Colours were sold three times over the low pre-
sale estimates.
Jamie Yu, Head of the Department of Chinese and Asian Modern and Contemporary Art, remarked, “The
importance of Chinese modern and contemporary art is highlighted by the high auction price of the The Mask
Series 1996 No.6 by Zeng Fanzhi. Besides that, artifacts by Sanyu, Zao Wou-ki and Wu Guanzhong also
achieved high prices, reflecting the steady growth of the market for Asian artifacts. Contemporary art from
Japan attracts enthusiastic bids from Asian, European and American collectors, who are showing appreciation
of a more diverse range of artistic categories.”
Image Title of Auction Item Sold Price
Lot 173
Zeng Fanzhi
Mask Series 1996 No.6
HK$ 105,020,000
Lot 133
Sanyu
Pink Chrysanthemums in a White Vase
HK$ 55,460,000
Lot 130
Zao Wou-Ki
24.10.68
HK$ 36,580,000
Lot 135
Wu Guanzhong
Pines
HK$ 30,680,000
Lot 136
Wu Guanzhong
A Valley of Colours
HK$ 28,320,000
Lot 132
Zao Wou-Ki
11.6.65
HK$ 27,140,000
Lot 134
Wu Guanzhong
Red Lotus Flowers
HK$ 24,780,000
Lot 178
Liu Ye
Poet
HK$ 14,160,000
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Lot 174
Zeng Fanzhi
The Deer
HK$ 11,800,000
Remarks: Estimates do not include buyer’s premium. The total proceeds of the auction comprise of the hammer price and the
buyer’s commission but excluding any other charges, financing costs and credit of buyers and sellers.
Fine Chinese Paintings and Calligraphy
The total transaction of the Fine Chinese Paintings and Calligraphy fetched over HK$330 million. The
bidding for Parasol Hall in Autumn by Zhang Zongcang began at HK$15 million and was sold for the high
price of HK$49.56 million after several rounds of intense bidding, setting a new world auction
record for Zhang Zongcang’s painting. The bidding for Landscape by Tang Yin began at HK$1.5 million
and was sold for HK$14.396 million, eight times over the low pre-sale estimate. Pines Woods by Wu
Guanzhong was sold at HK$10.266 million while Standing Horse by Xu Beihong was sold at HK$5.19 million.
Mr. Luo Gedi, Head of Chinese Paintings and Calligraphy, remarked, “To celebrate the 5th anniversary of Poly
Auction Hong Kong, the Department of Chinese Painting presents remarkable artefacts highly cherished by
collectors and enthusiasts, including a selection of classical, modern and contemporary artefacts. For the
classical paintings and calligraphy, we are proud to present the Parasol Hall in Autumn by Zhang Zongcang,
historic maestro of Qing Dynasty, which brought HK$49.56 million. Landscape by Tang Yin is a dark horse
attracting both local and overseas collectors. It indicates that there are always fine, genuine and rare items in
the marketed cherished by the top collectors.”
Image Title of Auction Item Sold Price
Lot 664
Zhang Zongcang
Parasol Hall in Autumn
HK$ 49,560,000
Lot 662
Tang Yin
Landscape
HK$ 14,396,000
Lot 438
Wu Guanzhong
Pine Woods
HK$ 10,266,000
Lot 520
Xu Beihong
Standing Horse
HK$ 5,192,000
Remarks: Estimates do not include buyer’s premium. The total proceeds of the auction comprise of the hammer price and the
buyer’s commission but excluding any other charges, financing costs and credit of buyers and sellers.
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Glossiness of Uncarved Jade – Special Auction of Cui Ruzhuo [VIII]
26 masterpieces were offered in the Glossiness of Uncarved Jade – Special Auction of Cui Ruzhuo [VIII], with
a total transaction of over HK$184 million. The bidding of Rain in the Autumn by Cui Ruzhuo began at
HK$60 million and was sold at a high price of HK$142 million. The Rain in the Autumn has a huge
dimension of 84 square feet. In this picture, the whistling woods covers the hills. The rugged and crooked
maple trees stand in the autumn rain alone. The entire scene is shrouded in misty rain and moist fog. The image of the roof flickers behind the shelter of the pine trees. Birds return to nest. Boat pulls in shore.
Lot 1218
Cui Ruzhuo
Rain in the Autumn
Price sold: HK$ 141,600,000
The Chinese Ceramics and Works of Art continued to build on its successful streak, with a total transaction
of HK$109 million. The Meiyintang Collection from the Chinese Ceramics and Works of Art was one of the highlights and witnessed a white glove sale, with 100% sell-through rate for 27 masterpieces. A Rare
Blue-and-White “Rosette” Moonflask of Yongle Period was sold at HK$10.03 million, while a Fine and
Rare Hardstone Embellished Gilt-Bronze Mythical Beast Censer was sold at a high price of
HKD12.98 million. The excellent performance indicated that collectibles from a trustworthy source and
origin are cherished by collectors.
For ancient artifacts, kilns from Yauzhou and Cizhou were popular among collectors, demonstrating the
steady growth of the ancient porcelain market. In the auction of “In Pursuit of the Past – a Selection of
Archaic Bronze Wares and Ceramics”, an Archaic Bronze “Dragon” Square Ding and a Fine and Rare Bronze Ritual
Wine Vessel and Cover, You from trustworthy sources were sold for HK$7.08 million and HK$6.49 million
respectively.
Chinese Ceramics and Works of Art
(I) Chinese Ceramics and Works of Art
The Meiyintang Collection enjoyed a white glove sale.
Image Title of Auction Item Sold Price
Lot 3008
Yongle Period
A Rare Blue-and-White “Rosette”
Moonflask
HK$ 10,030,000
Lot 3165
Yongzheng Period
A “Eel-skin” Jar Yellow-glazed with
Handles
HK$ 4,248,000
Highlighted auction items sold with high prices:
Image Title of Auction Item Sold Price
Lot 3116
A Fine and Rare Hardstone Embellished
Gilt-Bronze Mythical Beast Censer
HK$ 12,980,000
Lot 3114
Mid Qing Dynasty
A Magnifcent Large Imperial Cloisonne
Enamel Tiered Censer
HK$ 4,484,000
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Lot 3095
Qianlong Period,
A White Jade Carved Tripod “Rams”
Censer and Cover
HK$ 4,130,000
Lot 3025
Qianlong Period
An Exquisite Doucai “Lotus” Vase
HK$ 3,776,000
Remarks: Estimates do not include buyer’s premium. The total proceeds of the auction comprise of the hammer price and the
buyer’s commission but excluding any other charges, financing costs and credit of buyers and sellers.
(II) In Pursuit of the Past – A Selection of Archaic Bronze Wares and Ceramics
Image Title of Auction Item Sold Price
Lot 3203
An Archaic Bronze “Dragon” Square
Ding
HK$ 7,080,000
Lot 3206
A Fine and Rare Bronze Ritual Wine
Vessel and Cover, You HK$ 6,490,000
Remarks: Estimates do not include buyer’s premium. The total proceeds of the auction comprise of the hammer price and the
buyer’s commission but excluding any other charges, financing costs and credit of buyers and sellers.
This season, the Department of Jewels and Prestige Collections presented a variety of precious gemstones,
finest jadeites, prestigious watches, antique timepieces, rare and limited edition Hermès handbags, wine and
whisky collectibles. The total transaction of four auctions fetched HK$400 million, setting several world
auction records. A Jadeite Bangle and an “Imperial Jade” Jadeite Beads and Diamond Necklace were
sold for the high price of HK$107 million.
Mr. Yu Wenhao, Head of Jewels and Prestige Collections, remarked, “The sale of the world-class jewelry has
brought greater confidence for Poly Auction Hong Kong to enter the international art market and indicated
the significant role of jadeite in international market. The high transaction price is an indication of collectors’
recognition of and trust in Poly Auction Hong Kong. We make no compromise in providing professional
consultation, exceptional collections and the highest-quality services to collectors all over the world.”
(I) Magnificent Jewels
A selection of fine jewelry and jadeite was offered by the Department of Jewels and Prestige Collections, with
a total transaction of more than HK$ 335 million.
Image Title of Auction Item Sold Price
Lot 2160
A Jadeite Bangle
Lot 2115
An “Imperial Jade” Jadeite Beads and
Diamond Necklace
HK$ 106,790,000
Lot 2147
A 10.54 Carat Fancy Blue Diamond and Diamond Ring
HK$ 56,640,000
Lot 2074
A World Exclusive Set of 65.55 and
85.41 Carat Colombian Emerald and
Diamond Bracelet and Necklace, by
Harry Winston
HK$ 27,140,000
Jewels and Prestige Collections
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Lot 2146
A 7.33 Carat, Fancy Purplish Pink Colour,
Type IIA Diamond Ring
HK$ 23,836,000
Lot 2172
Hearts of Colombia a Pair Of 20.15 and
21.79 Carat Colombia Emerald and
Diamond Ear Pendants, by Graff
HK$ 22,420,000
Lot 2159
A Jadeite and Yellow Diamond Ring
HK$ 10,620,000
Remarks: Estimates do not include buyer’s premium. The total proceeds of the auction comprise of the hammer price and the
buyer’s commission but excluding any other charges, financing costs and credit of buyers and sellers.
(II) Important Watches
The Important Watches section proudly presented a series of rare and highly cherished luxury timepieces,
fetching a total transaction of HK$37.19 million. An Extremely Fine, Rare and Important Platinum and
Emerald-Set Perpetual Calendar Chronograph Wristwatch with Registers, Moon-Phase and Leap Year Indication, In
Original Factory Double Sealed Grand Complication, ref. 5271/13p, circa 2015, by Patek Philippe was sold for
HK$3.42 million, setting a new world auction record for the timepiece.
Image Title of Auction Item Sold Price
Lot 2355 An Exceptional and Very Fine Platinum
and Rose Gold Semi-Skeletonised Minute
Repeating Perpetual Calendar Automatic
Wristwatch with Retrograde Date, Day,
Month, Moon Phases and Leap Year
Indication, in Original Factory Single
Sealed Grand Complication, by Patek
Philippe
HK$ 4,012,000
Lot 2248
An Extremely Fine, Rare and Important
Platinum and Emerald-Set Perpetual
Calendar Chronograph Wristwatch with
Registers, Moon-Phase and Leap Year
Indication, in Original Factory Double
Sealed Grand Complication, Ref.
5271/13p, Circa 2015, by Patek Philippe
HK$ 3,422,000
Lot 2309
Asprey
A Fine and Rare Yellow Gold with
Mother-of-Paerl Coral Amethyst and
Diamond-Set Pagoda form Trompe L’oeil
Mystery Quartz Clock
Circa 1995
HK$ 2,360,000
Remarks: Estimates do not include buyer’s premium. The total proceeds of the auction comprise of the hammer price and the
buyer’s commission but excluding any other charges, financing costs and credit of buyers and sellers.
(III) Noble Handbags and Accessories
This season’s Noble Handbags and Accessories was a great success with a total transaction of HK$17.1
million. The highlights of the auction included an extraordinary Himalayan niloticus crocodile handbag with
white gold and diamond, which the bidding began at HK$1.4 million. Rounds of fierce bidding sent the price up
to HK$2.89 million, smashing a new world auction record for the handbag.
Image Title of Auction Item Sold Price
Lot 2717
Hermès, 2016
An extraordinary Matte Himalayan
Niloticus crocodile Diamond Mirkin 30
with 18K White Gold and Diamond
Hardware Accompanied with Original
Box and Certifications
HK$ 2,891,000
Lot 2645
Hermès 2010
A rare matte SO BLACK Niloticus
crocodile Birkin 30 with black hardware
HK$ 1,050,200
Remarks: Estimates do not include buyer’s premium. The total proceeds of the auction comprise of the hammer price and the
buyer’s commission but excluding any other charges, financing costs and credit of buyers and sellers.
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(IV) Prestige Collections
The Department of Prestige Collection achieved a total transaction of HK$10.22 million, in which the
Karuizawa 53 – 1960 took the lead with a sale price of over HK$1.2 million.
Image Title of Auction Item Sold Price
Lot 1893
Karuizawa 53 – 1960
53 Years Old Single Malt
Distilled 1960 Bottled 2013
Cask Number 5627 1 of 41 bottles
ABV51.8%
700ml
1 bottle
HK$ 1,298,000
Lot 1718 The Macallan 18 – 1955 to 1986
Vertical
700ml
32 bottles
HK$ 767,000
Remarks: Estimates do not include buyer’s premium. The total proceeds of the auction comprise of the hammer price and the
buyer’s commission but excluding any other charges, financing costs and credit of buyers and sellers.
For high-resolution photos:
https://www.dropbox.com/sh/1qy64gth1yhmq8f/AADEHqZ9Dmlf7CsgVS9yTnb6a?dl=0
Editor Notes:
Media Contact
Poly Auction HK – Jessica Chen 2303 9892 [email protected]
Poly Auction HK – Randy Tung 2303 9857 [email protected]
Poly Auction HK – Fatima Lam 2303 9891 [email protected]
Trinity International Limited – Jackie Liu 3583 3300 [email protected]
About Poly Auction Hong Kong
Poly Auction (Hong Kong) Limited (Poly Auction Hong Kong), established in 2012 by Poly Culture Group
Corp. Ltd., is a young but remarkable auction house in Hong Kong and the Asia Pacific region. Beijing Poly
International Auction, a subsidiary of Poly Culture Group Corp Ltd., is China’s largest state-owned auction
house and holds the highest auction transaction volume of Chinese art in the world.
Poly Auction (Hong Kong) comprises of four departments: Chinese and Asian Modern and Contemporary Art,
Fine Chinese Paintings and Calligraphy, Chinese Ceramics and Works of Art and Jewels and Prestige
Collections. We select only genuine, exquisite and rare artwork. We are entering the international art market
with the aim to provide professional consultation, exceptional collections and the highest quality service. Poly
Auction has a global network of offices, including Hong Kong, Beijing, Shanghai, Macao, Xiamen, Shandong, Taipei, Tokyo, New York, San Francisco, Los Angeles, Sydney and Melbourne.
Official Website: http://www.polyauction.com.hk
WeChat account: polyauction – hongkong
Instagram: polyauctionhk
For enquiries, please contact Miss Jackie Liu at +852 3583 3300 or email to [email protected].
Distribution by Trinity International Limited on behalf of Poly Auction Hong Kong
Tel: +852 3583 3310 – Fax: +852 3583 1331 – Website: www.3trinity.hk
Email: [email protected]