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Last night saw Christie’s Hong Kong trailblazing 20th/ 21st Century Art Evening Sale, with a total of 74 lots presented in two sessions at the Hong Kong Convention and Exhibition Centre. The final tally, accumulated after nearly five hours, stood at HK$1.5bn (US$204.2m). The blockbuster event was spearheaded by Jean-Michel Basquiat’s Untitled (One Eyed Man or Xerox Face), which fetched HK$234.3m (US$30.2m) after fees.
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Untitled (One Eyed Man or Xerox Face) (1981). Image courtesy Christie s
Less than two weeks after the May auctions in New York marked a return to the usual blockbuster-packed season, Christie’s pulled off a similar feat in Hong Kong. Its evening sale of 20th- and 21st-century art pulled in a robust $204 million (HK$1.6 billion) and sold 97 percent of its 74 lots.
Another similarity to the auction house’s New York sale? A painting by Jean-Michel Basquiat was again the star. The artist’s
Untitled (One Eyed Man or Xerox Face) (1982) sold for $30.2 million (HK$234.3 million) on an estimate of $18 million to $21.8 million.