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[1] [2] [3] It is particularly known for its sale of Chinese calligraphy and ink paintings. [4] [5] First founded in May 1993 by Chen Dongsheng, [6] China Guardian is China's oldest art-auction firm. [5] [7] China Guardian was a leader of the Chinese art auction market until the emergence of Beijing Poly International Auction Co Ltd in the mid ...
At the Spring 2002 auction, which featured 2,158 items, [11] Hanhai sold a painting of two birds in a pond of lotuses by Bada Shanren for ¥5,170,000 (US$748,000). The sale of this work, formerly owned by a foreign collector, was a record price for a work of Chinese art. Another work, Mountain and Water, was sold for ¥2,300,000 (US$330,000). [12]
The painting features a family of Tibetan travelers, heavily clothed and layered (to convey a sense of coldness) in traditional Tibetan styles. The painting was initially auctioned at the China Guardian 1994 Autumn Auctions, selling for a record-high price of 2.86 million Yuan. At the time, this was a record for Chinese oil paintings.
The painting was then shipped from Hong Kong to London, where Simon stored it in a warehouse. Under the terms, the painting was to remain out of sight for five years in a warehouse. [1] In 2007, Execution became the most expensive work of Chinese contemporary art, selling for £2.9 million / US$5.9 million / €4.2 million at London's Sotheby's ...
Xu Beihong (Chinese: 徐悲鴻; Wade–Giles: Hsü Pei-hung; 19 July 1895 – 26 September 1953), also known as Ju Péon, was a Chinese painter. [1]He was primarily known for his Chinese ink paintings of horses and birds and was one of the first Chinese artists to articulate the need for artistic expressions that reflected a modern China at the beginning of the 20th century.
However, doubts over the painting's authenticity were later raised by the bidder. [10] The market for Qi's paintings has made headlines in the art market, both for China and the world. In 2016, his works held the second position by value (third by number of lots to sale) by auction. [14]
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Contemporary Chinese art saw record sales throughout the 2000s. In 2007, it was estimated that 5 of the world's 10 best selling living artists at art auction were from China, with artists such as Zhang Xiaogang whose works were sold for a total of $56.8 million at auction in 2007. [63]