Bidamount Weekly Chinese and Asian Art Auction News and Results

Peter Combs
19 Apr 202428:19

TLDRIn this video, the host discusses the latest happenings in the Asian art market, highlighting a successful auction of the Edward Chow collection in Hong Kong where nearly all lots sold, and several pieces exceeded their estimates. The host also shares their excitement about acquiring some items at the Leland Little sale, including a set of three Satsuma bowls. Additionally, the video covers various auction results from eBay and other platforms, featuring a range of Chinese and Japanese art pieces such as a carved coconut vase, a Qianlong period blue and white dish, and an 18th-century Buddha statue. The host also provides insights into post-auction buying strategies and encourages viewers to check out the upcoming Sunburst auctions and the newsletter for more interesting lots.

Takeaways

  • 🎉 The Edward Chow collection auctioned at Sotheby's Hong Kong was highly successful, with nearly all lots sold and many pieces going for well over the estimated price.
  • 📈 A quadruple vase seal marked 'Y Y Chen Market period' was estimated at 1.2 to 1.5 million Hong Kong dollars but sold for 1.7 million, demonstrating the power of provenance in auction sales.
  • 🧮 A clear loon garlic mouth seal marked 'Chinlung Markin period' was modestly estimated at 20 to 30,000 Hong Kong dollars but sold for an impressive 462,000, underscoring the potential for high-value finds.
  • 🍃 A Celadon Bowl from the Yon Dynasty, estimated at 50 to 70,000 Hong Kong dollars, sold for 330,000, showcasing the importance of audience consensus in auction outcomes.
  • 🏺 A significant piece from the Edward Chow collection, remembered by Nicholas Chow from his childhood, was estimated at 8 to 12 million Hong Kong dollars and sold for 20 million, exceeding expectations.
  • 🎨 A painting from the Qing dynasty by Zan was modestly estimated at 10 to 15,000 Hong Kong dollars but sold for a surprising 1,127,000, indicating the value of aesthetic appeal in art pieces.
  • 🛶 The narrator purchased a group of three 12-inch Satsuma bowls at Leland Little's sale for a bargain, emphasizing the joy of collecting pieces for personal satisfaction rather than resale.
  • 📚 Upcoming auctions, including Sunburst Auctions, are highlighted for their quality pieces and reference books, encouraging collectors to participate and expand their libraries.
  • 🌐 eBay sales are discussed, with a focus on a scroll weight sold by JG Arts Limited, London, and a coconut vase that sold for four times the average price of coconut carvings.
  • 📈 The demand for certain items, such as a silk skirt in exceptional condition, can drive prices well beyond the typical range, as evidenced by its sale for $1,008.
  • ⏳ The importance of timing in the market is noted, with a current trend of relatively lower prices for plates and dishes presenting a good opportunity for collectors to purchase high-quality items.

Q & A

  • What is the date mentioned at the beginning of the transcript?

    -The date mentioned at the beginning of the transcript is Friday, April 18th, 2024.

  • What was the Edward Chow collection auction result?

    -The Edward Chow collection auction was very successful, with all but one lot sold. The pieces fetched high prices, often exceeding their estimates.

  • What was the estimated and final selling price of the quadruple vase seal marked as a Mark y y Chen Market period piece?

    -The quadruple vase seal was estimated to sell for between 1.2 to 1.5 million Hong Kong dollars. It ended up selling for 1.7 million Hong Kong dollars.

  • What was the low estimate for the clear loon garlic mouth seal marked as a chinlung Markin period piece?

    -The low estimate for the clear loon garlic mouth seal was 20,000 Hong Kong dollars.

  • What was the final selling price of the Guan glaze double gourd type vase with a square base?

    -The Guan glaze double gourd type vase was estimated at 100,000 to 150,000 Hong Kong dollars and ended up selling for about 3 to 40,000 US dollars, which is roughly 10 times its high estimate.

  • What was the estimated and actual selling price of the Celadon Bowl, a yon Dynasty example?

    -The Celadon Bowl was estimated at 50 to 70,000 Hong Kong dollars and ended up selling for 330,000 Hong Kong dollars, which is about five times over its estimate.

  • What is the significance of the vase that Nicholas Chow had seen as a child?

    -The vase that Nicholas Chow had seen as a child was significant because it was part of the Edward Chow collection. It was sold at an auction and later reappeared at Sotheby's, where Nicholas Chow recognized it. The vase sold for 20 million Hong Kong dollars, which is significantly over its estimate.

  • What was the estimated and final selling price of the double handled lwan Celadon Mallet base with fish handles?

    -The double handled lwan Celadon Mallet base was estimated at 150,000 to 200,000 Hong Kong dollars. It sold for 889,000 Hong Kong dollars, which is about four and a half times the high estimate.

  • What was the final selling price of the painting by Z from the tring dynasty?

    -The painting by Z from the tring dynasty was estimated at 10,000 to 15,000 Hong Kong dollars and ended up selling for 1,127,000 Hong Kong dollars, which is about 15,000 US dollars.

  • What did the narrator purchase at the Leland Little sale?

    -The narrator purchased a group of three 12-inch Satsuma bowls at the Leland Little sale for about 165 US dollars, including the buyer's premium.

  • What is the upcoming sale at Sunburst auctions that the narrator mentions?

    -The upcoming sale at Sunburst auctions mentioned by the narrator includes a variety of items such as reference books and objects, including Japanese pieces, early Chinese pottery, and carved wooden cups.

Outlines

00:00

🎉 Enjoying the Asian Market and Auction Successes

The speaker discusses their current activities and experiences in Bise, including a boat trip, a soccer game, and rafting in the Jaguar reservation. They also share their excitement about recent purchases from the Leland Little sale and reflect on the Asian market's recent events. They highlight the successful auction of the Edward Chow collection in Hong Kong, with many pieces selling for well above their estimates, and discuss the importance of provenance in determining value. The speaker also talks about their strategy for bidding at auctions and the potential for finding bargains.

05:01

🎨 Auction Highlights and Personal Purchases

The speaker provides a detailed account of various auction results, including a quadruple vase seal, a clear loon garlic mouth seal, a Guan glaze double gourd vase, a Celadon Bowl, and a significant vase from the Edward Chow collection. They express their satisfaction with their own purchase of three Satsuma bowls at the Leland Little sale. The summary also includes the speaker's thoughts on the lighting issues they faced during the recording and their anticipation for upcoming auctions.

10:02

🛍️ Exciting Auction Buys and Upcoming Sales

The speaker shares their excitement about purchasing Satsuma bowls and other pieces at the Leland Little sale, which they plan to display rather than resell. They mention the availability of good buys for Kutani buyers and highlight the upcoming Sunburst auctions featuring a book auction with valuable reference books and objects. The speaker also discusses various items of interest from the auction, including a carved wooden piece and a libation cup, and shares their experience in the Mayan areas, observing monkeys and the elusive jaguars.

15:03

🌐 Online Auction Results and Analysis

The speaker reviews several eBay auction results, including a scroll weight sold by jgarts limited, a coconut vase, a Kungi FEI ureer, and a plate by Royal Del. They discuss the prices these items fetched and their condition, emphasizing the value of silk collections and the pristine condition of a particular silk skirt. The speaker also mentions a warming dish with Jade handles, a Buddha statue, and an enamelware piece, commenting on their craftsmanship and potential value.

20:03

🏺 Auction Insights and Recommendations

The speaker provides insights into various auction items, including a plate that resembles Japanese Amari but is actually a Kungi piece, an 18th-century blue and white dish, and an enamelware piece with raised decorations. They discuss the quality and potential value of these items, suggesting that now might be a good time to buy plates and dishes due to a current market surplus. The speaker also mentions a seated figure of An Yin, a snuff bottle with underglaze red, and a set of snuff bottles, providing estimated values and commentary on their appeal.

25:03

🧵 Clarification on an Auction Item's Origin

The speaker clarifies a potential misunderstanding about an antique embroidery listed as Chinese but is actually Japanese. They advise buyers to be aware of the item's true origin and encourage Japanese collectors to consider the piece. The speaker also talks about their plans to compile videos from their adventures and experiences in Bise, including a boat trip with friends, and expresses gratitude to their audience and Patreon supporters.

Mindmap

Keywords

💡Asian Art Auction

An Asian Art Auction is an event where various pieces of art from Asia are sold to the highest bidder. It is a significant part of the video's theme as it discusses the results of such an auction, including the sale of items from the Edward Chow collection.

💡Edward Chow Collection

The Edward Chow Collection refers to a group of art pieces that belonged to Edward Chow, a highly esteemed dealer in China. In the video, the host talks about the successful auction of some pieces from this collection, highlighting its importance to the Asian art market.

💡Leland Little Sale

The Leland Little Sale is an auction mentioned in the video where the host expresses satisfaction over having successfully bid on certain items. It is an example of the type of events the host participates in and discusses in the context of acquiring Asian art.

💡Post Auction

Post Auction refers to the period of time following an auction where transactions are finalized and additional sales may take place. The host talks about a particular sale that did well post auction, indicating the ongoing nature of art transactions.

💡Kutani

Kutani is a type of Japanese porcelain that is often collected and sold at auctions. The host mentions that there were good buys for Kutani buyers at the Leland Little Sale, indicating the variety of Asian art that is available to collectors.

💡Satsuma

Satsuma is a style of Japanese pottery known for its decorative qualities. The host talks about purchasing Satsuma bowls at the Leland Little Sale, emphasizing their aesthetic appeal and the host's personal interest in collecting such pieces.

💡Nicholas Chow

Nicholas Chow is the head of the Southern Asian art department and the grandson of Edward Chow. He is mentioned in the video as having a personal connection to a vase that was sold at the auction, adding a layer of historical and familial significance to the event.

💡Underglaze Red

Underglaze Red is a specific technique used in Chinese ceramics where red designs are painted onto the pottery before the glaze is applied. The host discusses a snuff bottle with underglaze red as an item of interest, noting its high quality and the technique's appeal to collectors.

💡Yongzheng Period

The Yongzheng Period refers to the reign of the Yongzheng Emperor in China, during which many highly regarded pieces of porcelain and other art were produced. The host mentions a dish from this period, indicating the historical value and desirability of items from this era.

💡Chenware

Chenware, also known as Famille Rose, is a style of Chinese porcelain that features pastel colors and intricate designs. The host discusses a plate that resembles Chenware, noting the aesthetic and collectible nature of such pieces.

💡Enamelware

Enamelware is a type of decorative art that involves the application of colored enamels to a metal surface. The host highlights a piece of enamelware with raised decorations, noting its undervalued status and the beauty of its craftsmanship.

Highlights

The Edward Chow collection auction was a phenomenal success with almost all lots sold.

A fine quadruple vase seal from the Mark y y Chen Market period sold for 1.7 million Hong Kong dollars, exceeding its estimate.

A clear loon garlic mouth seal from the chinlung Markin period sold for 462,000 Hong Kong dollars, surprising the auctioneer with its high sale price.

A Guan glaze double gourd type vase with a square base was estimated at 100,000 to 150,000 Hong Kong dollars but sold for nearly 10 times its high estimate.

A Celadon Bowl from the yon Dynasty sold for 330,000 Hong Kong dollars, which is about five times its estimate.

Nicholas Chow, head of the Southern bees Asian art department, reacquired a vase from his grandfather's collection that sold for 20 million Hong Kong dollars.

A double handled lwan Celadon Mallet base with fish handles sold for $889,000 Hong Kong dollars, a significant increase from its estimate.

A painting from the tring dynasty sold for $1,127,000 Hong Kong, an impressive result for a piece estimated at 10 to 15,000 Hong Kong.

The narrator purchased three Satsuma bowls at the Leland little sale for a great deal, showcasing the potential for bargains at auctions.

The Sunburst auctions featured a variety of Asian art pieces and reference books, offering enthusiasts a chance to expand their collections.

An 18th-century enamelware piece with raised decorations caught the narrator's attention for its beauty and potential undervaluation.

A late Yong Chen fil Rose dish is expected to sell for a good price, indicating the ongoing interest in well-decorated plates and dishes.

A snuff bottle with underglaze red from the late 18th to early 19th century has garnered significant interest and is expected to sell for a high price.

A set of three snuff bottles, including one with underglazed blue and red, reflects the ongoing appreciation for authentic Chinese objects.

An antique embroidery piece listed as 18th-century Chinese was actually Japanese, highlighting the importance of accurate identification for collectors.

The narrator's personal experiences, such as attending a soccer game and rafting in The oton Preserve, add a personal touch to the auction news and results.

The auction results from Hong Kong and other sales provide insights into the current market trends and the value of Asian art pieces.