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Monet’s “Nymphéas” Just Sold For a Staggering HK$233 Million at Auction
Now that’s a lot of Monet at Christie’s Hong Kong’s inaugural sales at its new HQ.
BY P.Ramakrishnan  |  October 8, 2024
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In a stunning display of artistic prowess, auctioneering excellence, and exquisite curation at its mint new home at The Henderson, Christie’s Hong Kong’s inaugural sales proved to be a resounding success, amassing a total of HK$1.25 billion (around US$162 million). 

For art lovers and connoisseurs, buyers and collectors, purveyors and voyeurs, critics and editors, the place to be in the last days of September was on the 7th floor of the recently opened commercial development The Henderson, the Zaha Hadid Architects-designed tower from where Christie’s Hong Kong’s new Asia-Pacific headquarters loom large over the city. 

These landmark auctions not only cemented Christie’s Hong Kong’s position as a leading force in the global art market, but it also captivated discerning collectors who gathered to witness the unveiling of magnificent masterpieces at close proximity, of which many rare items from the East and the West were on display in Hong Kong for the first time.

The Moored Vessel, Vincent van Gogh (1853-1890)

A testament to Christie’s Hong Kong’s unwavering commitment to bringing the greatest works of art to the most discerning buyers in the world, the top marquee of the art segment shone bright. As expected, the much ballyhooed pieces were the van Gogh and the Monet; the top lot, Les Canots Amarrés (1887) by the Dutch painter, peaked at HK$250.6 million (around US$32 million). Owned by Princess Camilla of Bourbon Two Sicilies, the auctioning of the painting was easily one of the most memorable moments of the night. Claude Monet’s Nymphéas went for HK$233.3 million (US$30 million)—well over expectation.

Pastorale, Alix Aymé (France, 1894-1989)

Other achievements of the three inaugural sales that took place from 26 to 27 September included Ronald Ventura’s State of Bloom going for HK$36.7 million (US$4.7 million), Lalan’s La Mère de Nuage fetching HK$23.4 million (US$3 million), 18:50 by Lucy Bull realising HK$18.5 million (US$2.4 million), and more. Over 90 per cent of the lots at the Inaugural Sales and 20th and 21st Century Evening & Day Sales were sold, while the Au Bak Ling Collection sold at 100 per cent, achieving 160 per cent over the low hammer estimate.

With over 12,000 visitors who attended the preview leading up to the sale, and 5.2 million viewers following the event on a livestream, the air was thick with anticipation. While the hammer went down hard on famed yesteryear artists, the evening proved that more recent Asian artists equally got their tacit nod of approval from the volley of bids. A mesmerising abstract landscape by Zao Wou-ki, 29.09.64, a vibrant tryptic that captivated bidders with its masterful blend of colour and range of emotion, realised HK$95.3 million.

05.06.80 – Triptyque, 1980, Zao Wou-Ki

“We are honoured to present this seminal triptych by Zao Wou-ki this September at our new Asia-Pacific headquarters and to offer such an important and rare acquisition opportunity for collectors,” said Cristian Albu, Head of 20th and 21st Century Art, Asia-Pacific. “The 20th and 21st Century Inaugural Sales at The Henderson will epitomise a key aspect of our curatorial mission for the category in Hong Kong—to globally showcase both Eastern and Western artistry, and the dialogues between them, through exceptional masterpieces.”

As the curtain eventually fell on this momentous occasion, and with many more auctions to come at Christie’s new Hong Kong address, the house is poised to continue its tradition of excellence and innovation. The auction house’s commitment to Hong Kong remains a beacon for collectors, offering unparalleled access to the most coveted masterpieces in the world.

All images courtesy of Christie’s