A new auction high for Qing Kangxi porcelain was established in Sotheby’s latest spring sale series in Hong Kong.
The record came when this ruby-ground
falangcai Kangxi mark and period bowl was sold for HK$65m (£5.8m).
The buyer was the Hong Kong dealer William Chak of Chak's Company
The price trebled the previous high
for Qing Kangxi, the HK$20m (then £1.38m) paid at Christie's in
Hong Kong in November 2006 for a blue and white dragon vase from
the Robert Chang collection.
The 4½in (11cm) bowl, painted with a
continuous lotus pondscape, is one of the earliest pieces decorated
in the newly introduced Western enamelling technique and is the
only recorded bowl with this type of design.
It was ambitiously estimated at
HK$70m, having been consigned by Dr Alice Cheng, a Shanghai-born
businesswoman who has spent the last 15 years putting together a
collection of Imperial porcelain. The bowl last appeared at auction
at Christie's Hong Kong in 1999 when it made HK$11m (then
It also produced the highest
individual price in the entire series which raised a
premium-inclusive total of HK$2.18bn between April 3-8.
The buyer's premium was 25/20/12%.