Submitted by aarAdmin on Wed, 07/30/2014 - 00:00
Sotheby’s Australia’s July Fine Asian, Australian & European Arts & Design auction achieved a total of $1,264,005 including buyer’s premium, or 68.5% by volume and 129.5% by value.
The impressive collection of carefully selected arts and design comprised of 295 lots of Asian ceramics, furniture and works of art, and a strong selection of Australian & European furniture, silver, paintings and works on paper.
A highlight of the sale was a handsome Huanghuali round-cornered tapering cabinet Yuanjiaogui late Qing dynasty (estimate $20,000-30,000, lot 197), which drew strong interest from international bidders, selling to an internet bidder for $109,800.
Another piece of Asian furniture that attracted competitive bidding was a Chinese zitan recessed leg table Pingtouan, 19th/20th Century (estimate $25,000-35,000, lot 200) which achieved a final sale price of $58,560.
Also highly contested, a rare oil painting by German artist, Alexander Koester selling for $109,800 to a room bidder, exceeding the pre-sale estimate of $50,000-70,000 (lot 230).
The painting, Ans Ufer (Enten), which depicts a series of ducks floating on the watery landscapes of Klausen, is just the second of Koester’s famed duck paintings to have been offered in the Australian market.