Press Release  October 11, 2019

Next-Gen Buyers Drive Successful Sotheby’s Hong Kong Sales

Courtesy Sotheby's

The autumn sales series at Sotheby’s Hong Kong attracted a new generation of art collectors, with 25% of all buyers aged under 40 years old. 20 auctions held over five days achieved US $426 million–the sixth consecutive Hong Kong series to exceed US $400 million. A record series of Contemporary Art sales was led a monumental Yoshitomo Nara canvas that sold for nearly five times the artist’s previous auction record. Liu Ye’s ‘Smoke’ from The Gillion Crowet Collection was another record-setter, while the Modern Art category was led by a record-breaking final masterpiece by Sanyu and 10 works by Zao Wou-Ki. Consignor confidence and strong buyer demand was in evidence across all categories, including Wine, Watches, Jewellery, Chinese Works of Art and Chinese Paintings.

Subscribe to our free e-letter!

Webform

Latest News

Stolen Painting by Francis Bacon Recovered in Madrid

A portrait by the figurative, Irish-born artist 

A Look Into Paul Pfeiffer’s Digital Icons At MOCA

Filipino-American artist Paul Pfeiffer has been asking…

The Return of The Portal, Connecting New York And Dublin

Last Monday saw the return of The Portal, a large live-streaming video…

Five Female-Driven Films That Celebrate Women in the Arts

While audiences have always loved a good biopic, finding the…