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Arts & Culture

Antiques and Collectables

Sotheby’s Hong Kong Boundless: Contemporary Art Auction Achieves HK$27 Million / US$3.5 Million

Commenting on the auction, Isaure de Viel Castel, Head of Mid-Season Sales, Contemporary & Modern, Fine Art Department, said: “We saw strong interests from collectors across Asia for meticulously selected Western contemporary works by Allora & Calzadilla, Georges Mathieu and Vik Muniz, among others.  Western works made up six of the top ten works sold, which includes Magnetron Series: Pancho by James Turrell, the first light installation by the artist to be auctioned in Asia.  Special themed sections of contemporary Asian art also performed strongly, among which every work from the Japanese Gutai group found a buyer.  The market responded well to art pieces in diverse media, ranging from installation, sculpture, painting to even electronic guitar, and the enthusiasm further testifies to the broadening tastes of Asian collectors.”

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