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House Sotheby's Asian art auction brings in Asia
ARTinvestment.RU 15 августа 2008

Since 2009, auction house Sotheby's will auction important art of South-East Asia in Hong Kong. Until now, these auctions arranged in the United States. September 17, 2008 in New York will be the last auction of this series

Since 2009, auction house Sotheby's will auction important art of South-East Asia in Hong Kong. Until now, these auctions arranged in the United States. September 17, 2008 in New York will be the last auction of the series, reports Bloomberg.

Sotheby's competitors out of the house Christie's had already moved to Asia: The First of May 2008 auction in Hong Kong have been very successful. Then picture Fanchzhi Zeng (Zeng Fanzhi) was sold for 9.7 million dollars (75.4 million HK dollars), which is a record for contemporary Chinese art.

Sobesednik agency Bloomberg, the Beijing art dealer Tian Kai, said that the decision of both the Western auction houses to move the operation dictated by the ever growing demand in the current art of Asia, despite the fact that his major collectors are concentrated in Europe.

According to the agency, the house Christie's auction on the basis of superior results of the Far Eastern art at Sotheby's 20 percent.

Source: lenta.ru

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