By: Crystal Wong 18 Apr, 2021 | Sun | 20:43
With travel restrictions still ravaging the art industry, auction houses are pulling out all the stops to work out a new normal for their auction lineups, including auctions that feature a mix of genres from different eras.
Earlier tonight, saw Sotheby’s cross-category evening sale in Hong Kong. Touted by the auction house as one that spans a thousand years of history by great artists from the East and the West.
This season’s modern and contemporary sales were opened with this diverse sale, which achieved a total hammer of HK$317m (US$40.8m), just scraping past the presale low estimate of HK$292m. Leading the five-lot sale was one of Pablo Picasso’s final matador series works, which edged out Chinese Matisse Sanyu and sold for HK$140m (US$18m) after fees.