PRESS RELEASE

Poly international 09 Autumn Auction has sucessfully put an end

2009-12-10 11:40:01

a new record in auction history.Poly international auction,autumn,2009

 

2009 Poly international auction was held in Beijing Asia Hotel ended with a turnover of RMB 1,578,000,000 via 6-day preview and auction. It created a new record on single sale and therefore enabled Poly to be the continually third championship within all mainland auction companies in recent three years.

Chinese artworks----painting evening sale ended up with a tremendous RMB912,000,000 turnover and thereafter broke up the worlds¡¯ record on Chinese artworks. Meanwhile, two single items  created two new world record as well. The EIGHTEEN ARHATS hand scroll by Wu Bin in Ming dynasty  escorted by emperor Qianlong was sold for unbelievably RMB 169.12 million, broke the world record for sales generated from Chinese Paintings. This item was bid only USD 620,000 in 1992,new york, however, after 18 years, the price goes up for over 40 times which showed the potential strength of domestic buyers and the increasing trend of Chinese economy. The LETTER LEAF(standard script calligraphy) mounted by Zeng Gong who is famous for ¡®Eight scholars in Tang&Song dynasity¡¯ brought up a new world record of Chinese Calligraphy with RMB 108.64 million in mainland China. For Modern Chinese Painting, FLOWERS AND INSECTS ALBUM LEAF by Qi Baishi was sold for RMB 95.2 million, created a new world record. A Rare And Superbly Decoratd ¡®Famille-ROSE¡¯ Altar Vase ,Yongzheng Period,Qing Dynasty broke the Yongzheng Period Fine Chinese Ceramics record for sales with RMB 67.76 million in mainland China. Besides, The ¡®THE GREAT FALL OF TANZANIA¡¯ by Wu Guanzhong has become his most expensive painting in 2009with the price RMB 30.80 million.

 Ancient painting behaved overestimation. Despite the EIGHTEEN ARHATS hand scroll by Wu Bin and the LETTER LEAF(standard script calligraphy) mounted by Zeng Gong were bid at 16£¬910£¬000£¬000.,other work also ignited the light on the sale. Landscape and Calligraphy hand scroll by Shi Tao bid at RMB26,880,000£¬ his another landscape hanging scroll was pushed to 19,040,000.

Modern painting and calligraphy sold at an increasing price. Qi baishi ¡®flowers and insects¡¯ bid at RMB 95,200,000.His ¡®EAGLE AND PINE TREE¡¯ sold at RMB14,560,000.

Fine ceramics and antiques reached the price at RMB380,000,000. Imperial fine china firmly stood on the top of the market. A rare and superbly decorate famille,made in Yongzheng period,Qing dynasty undoubtly bid at the summit price RMB67,760,00. Di Guang Chong Dian Yu Zhi Wen Su Ge Ji Jade Book and Rosewood Box Qianlong Period, Qing Dynasty was sold at RMB12,320,000

Oil painting and modern art ended with a great result. Night sale reached up to 88.89% trading rate. THE GREAT FALL OF TANZANIA by Wu Guanzhong traded at RMB30,800.000. MASK SERIES by Zeng Fanzhi oil on canvas sold at RMB7,504,000  which made it the champion within this session.

¡¾contemporary Chinese ink paintings¡¿focus on persuing a higher quality but not quantity£¬over 81.98% was successfully sold.¡¾rare books and manuscrips¡¿was popular among the bidders.¡¾finest rarest french¡¿attracted more attention due to its unique appealing taste. At the same time,¡¾Chinese wine session¡¿ was added and achieved 5,000,000RMB turnover.¡¾fine modern and contemporary Chinese furniture and works of art¡¿and¡¾¡°raep soapsones¡¿gained 50,000,000RMB therefore became a new increasing point.

 

Poly international auction company is always believing that Chinese art has a remote history and became the representative of Chinese spirit and civilization. Ancient paintings and calligraphy as well as antiques depicted the intelligence of ancient Chinese ancestor which should be well preserved. Modern and contemporary paintings set the bridge across the past and recent period while modern art stands for the future. Howerver,due to some reasons, most of these art works were taken outside China. Poly felt deep depressed to the mentioned above phenomenon and made effort to bring them back to china. 50% of the artworks on Poly auction came from oversea market.Furthermore,over 80% of significant artworks were collected outside China. Chinese buyers indeed know the relationship between Chinese art and China civilization. Accompanying with the development of society and economy prosperious,the Chinese millionaires pay more attention to Chinese artworks. On poly autumn auction,the top prices pieces were purchased by Chinese buyers.Thier passion and the love to motherland announced that Chinese buyers gained the priority to ancient paintings and calligraphy. They will bring fresh atmosphere in world auction.