Submitted by aarAdmin on Mon, 11/25/2013 - 00:00
Antique bronze figures brought massive returns at Mossgreen’s two-part Spring Auction Series sale on November 19.
A 15th century Chinese gilt bronze seated Buddha sold for a staggering auction top price of $170,800 including buyers premium (against a $20,000-$30,000 estimate), while a rare and exceptional gilt bronze figure of Mahakala, owned by Sotheby’s Australia founder and former chairman Robert Bleakley, changed hands for $146,400 ($40,000-$60,000 estimate).
A massive pair of carved Chinese ivory tusks from Qing Dynasty also drew a lot of saleroom attention.
Owned previously by great Chinese businessman and politician Cheong Fat Zhe (1840-1916), the intricately carved tusks sold well over their estimates for $67,100.
The Chinese & Asian art estimate total was $795,300, which paled into insignificance beside the total sale price of $1,406,416 including buyer's premium.
Total sale price for the two-part auction was $1,909,117, considerably above the total pre-sale estimate of $1.45 million.
In terms of percentage sold by value, this result made it the most successful multi-vendor auction that Mossgreen has ever held.
