Bidamount Weekly Chinese and Asian Art Auction News and Results

Peter Combs
19 Apr 202428:19

TLDRIn this episode of 'Bidamount Weekly Chinese and Asian Art Auction News and Results,' recorded on April 18, 2024, the host shares experiences from a vacation in Bise, including activities like boat trips and attending a soccer game. The focus shifts to recent developments in the Asian art market, highlighting significant auction results, particularly from the Leland Little sale and the auction of the Edward Chow collection in Hong Kong. The host details various high-performing items, such as a quadruple vase and a Celadon bowl, that exceeded estimates and discusses the potential of post-auction offers. The episode concludes with personal auction wins and upcoming auction highlights, emphasizing the excitement of collecting and the dynamics of the art market.

Takeaways

  • {"🎉":"The Edward Chow collection auction in Hong Kong was highly successful, with nearly all lots sold and many pieces going for well over their estimates."}
  • {"🛍️":"The speaker purchased several items at the Leland Little sale, including a group of three Satsuma bowls, which they were very pleased with."}
  • {"📚":"Upcoming auctions, such as the Sunburst auction featuring books and objects, present opportunities for collectors to acquire valuable pieces."}
  • {"🌊":"The speaker discusses their active lifestyle while in Bise, including boating, rafting, and attending a soccer game, amidst their discussions on art and auctions."}
  • {"💰":"Several items sold at auction for significantly higher prices than their estimated values, indicating a strong market for certain types of Asian art."}
  • {"🔍":"The importance of provenance, such as the Chow provenance, is highlighted as a significant factor in the value and desirability of auction items."}
  • {"🎨":"A painting from the Qing dynasty, estimated at a modest price, sold for a surprising high amount, reflecting the subjective nature of art valuation."}
  • {"📈":"The speaker plans to create content on making offers at auctions, particularly post-auction, as a strategy for acquiring pieces."}
  • {"🏺":"A quadruple vase seal from the Mark Chen period sold for nearly twice its high estimate, demonstrating the demand for rare and high-quality pieces."}
  • {"📦":"The speaker mentions a personal purchase of a carved wooden Guanyin statue and a libation cup, indicating a personal interest in wooden artifacts."}
  • {"🌐":"The script references various online platforms, including eBay, where collectors can find a range of Asian art and antiques."}

Q & A

  • What significant event regarding the Edward Chow collection was discussed in the video?

    -The video discussed the auction results of the Edward Chow collection, highlighting that almost all the lots were sold successfully, with many pieces selling far over their estimated values.

  • How did the narrator describe the results of the quadruple vase seal from the Edward Chow collection?

    -The quadruple vase seal marked from the Yiyi Chen Market period was estimated to sell between 1.2 to 1.5 million Hong Kong dollars but ended up selling for 1.7 million, indicating its rarity and the high interest due to its provenance.

  • What unusual event did the narrator mention that happened to them during the video?

    -The narrator mentioned that they were on vacation in Bise, engaging in various activities like boat riding and attending a soccer game, and also discussed a temporary Wi-Fi outage at their location.

  • Which auction house's sale was specifically highlighted for good performance in the video?

    -The video specifically highlighted Sotheby's for its successful auction results, particularly the sale of the Edward Chow collection and other individual lots that exceeded expectations.

  • What was the result of a celadon bowl from a Yan dynasty that was discussed?

    -The celadon bowl from the Yan dynasty was estimated at 50 to 70 thousand Hong Kong dollars but sold for 330 thousand, about five to six times its estimated value, highlighting its exceptional quality and appeal.

  • How did the narrator acquire items from the Leland Little sale?

    -The narrator participated in the Leland Little auction by leaving a bid and later found out they successfully purchased a few lots, one of which they were particularly pleased with.

  • What type of items did the narrator mention adding to their personal collection?

    -The narrator mentioned adding three Satsuma bowls to their personal collection, which they acquired from the Leland Little sale, emphasizing their aesthetic appeal rather than their resale value.

  • What is the planned content related to auctions that the narrator hinted at towards the end of the video?

    -The narrator mentioned that they are planning to create content about making offers at auctions, which was suggested by a couple of viewers, and they found it to be a great idea to explore further.

  • Which piece did Nicholas Chow recognize during an appraisal that linked back to his grandfather?

    -Nicholas Chow recognized a vase during an appraisal at Sotheby's that his grandfather, Edward Chow, had previously sold. This piece was particularly memorable for him as it connected directly to his family's history.

  • What was the narrator's reaction to their personal experiences at the auctions mentioned?

    -The narrator expressed excitement and satisfaction with the auction outcomes, particularly pleased with the items they acquired for personal enjoyment and the performance of various lots that exceeded expectations.

Outlines

00:00

🎉 Enjoying the Asian Market and Successful Auctions

The speaker discusses their current activities and experiences in Bise, including boating, attending a soccer game, and rafting in the Jaguar reservation. They also share their excitement about recent purchases from the Leland Little sale and reflect on the Asian market's performance. The auction results from Hong Kong, specifically the Edward Chow collection, are highlighted, with many pieces selling for much higher than their estimates.

05:01

🎨 Auction Highlights and Personal Purchases

The speaker provides a detailed account of various auction items, including a quadruple vase seal, a clear loon garlic mouth seal, and a celadon bowl, all of which fetched high prices. Special attention is given to a vase from the Edward Chow collection, which sold for a significant amount, and a painting from the Qing dynasty that exceeded expectations. The speaker also mentions their successful bid on three Satsuma bowls.

10:02

🛍️ Recent and Upcoming Auction Insights

The speaker discusses their satisfaction with the purchase of Satsuma bowls at the Leland Little sale and encourages KUTANI buyers to take note of good buys. They also mention an upcoming sale at Sunburst Auctions, which includes reference books and objects, and share their admiration for a carved piece and a libation cup featured in the sale. The speaker further comments on eBay results, including a scroll weight and a Buddha figure.

15:03

🌴 Exotic Travels and Auction Finds

The speaker talks about their travels to the Mayan areas and an encounter with monkeys. They discuss various eBay listings, including a coconut vase, a carved kungi FEI ureer, and a plate by Royal Del. The speaker also comments on the Wi-Fi issues they experienced and their plans to compile videos from their travels into a single presentation.

20:03

🏺 Auction Previews and Misidentified Items

The speaker provides a preview of upcoming auction items, such as a kungi period plate, an enamelware piece, and a Yong Chen period dish. They also discuss the importance of recognizing the difference between similar items from different periods and regions, using a misidentified Chinese embroidery as an example. The speaker advises collectors to verify the origin and age of items carefully.

25:03

🌊 Beachside Chats and Future Content Teasers

The speaker concludes with a summary of their recent activities and a teaser for future content, which will include videos from their adventures in Bise. They mention an upcoming boating trip with friends and encourage viewers to subscribe, comment, and support the channel through Patreon. The speaker also addresses the importance of accurate identification of auction items and provides a light-hearted warning about sunburn during outdoor activities.

Mindmap

Keywords

💡Bidamount Weekly Chinese and Asian Art Auction

Bidamount Weekly Chinese and Asian Art Auction refers to a regular event where Chinese and Asian art pieces are auctioned off. It is the central theme of the video, as the speaker discusses various auction results and experiences related to the sale of such art pieces. The video provides insights into the auction process, the success of certain lots, and the speaker's personal involvement in bidding and acquiring items.

💡Edward Chow collection

The Edward Chow collection is a specific set of art pieces that were auctioned and discussed in the video. Edward Chow was a highly esteemed dealer in China, and the pieces from his collection that came up for auction were very successful, with almost all lots sold. This collection is significant as it represents a high point in the Asian art market and is connected to a well-known figure in the art world.

💡Post-auction office

The term 'post-auction office' refers to the period after the live auction where additional sales may take place, often for items that did not sell during the auction. The speaker mentions discussing strategies for making offers during this period, highlighting it as an opportunity for buyers to acquire items at potentially lower prices if the reserves were set low.

💡Kutani

Kutani refers to a style of Japanese porcelain that originated from the city of Kutani. In the video, the speaker mentions that there were good buys for Kutani buyers at the Leland Little sale, indicating that this type of porcelain is a significant category within the Asian art auction market. The mention of Kutani shows the diversity of art pieces being auctioned.

💡Satsuma bowls

Satsuma bowls are a type of Japanese ceramic that originated from the Satsuma domain, now part of Kagoshima Prefecture. The speaker discusses purchasing a group of three Satsuma bowls at an auction, noting their rustic and unusual glaze. These bowls are significant to the speaker as they will be added to their personal collection, indicating the personal appeal and aesthetic value of such pieces.

💡Southeast Asian art department

The Southeast Asian art department is a division within an auction house that specializes in the curation, appraisal, and sale of art from Southeast Asia. Nicholas Chow, mentioned in the video, is the head of such a department at Sotheby's. His role and the department's function are pivotal in the context of the video as they deal with the valuation and auctioning of significant pieces of Asian art.

💡Underglaze red

Underglaze red is a technique used in Chinese ceramics where red designs are painted onto the clay before the glaze is applied and the piece is fired. The speaker discusses a snuff bottle with underglaze red as an item of interest in the auction. This technique is notable for its aesthetic appeal and the difficulty in achieving a vibrant red color, making pieces with this feature highly sought after.

💡Leland Little sale

The Leland Little sale is a specific auction event mentioned in the video where the speaker participated and successfully acquired several items. It is an example of the various sales and auctions that take place within the broader context of the Asian art market. The speaker's satisfaction with the purchases made at this sale underscores the importance of such events for collectors and enthusiasts.

💡Sunburst auctions

Sunburst auctions are mentioned as an upcoming event in the video, indicating that they are another platform or event where Asian art and artifacts are auctioned. The speaker highlights a book auction featuring valuable reference books and objects, suggesting that Sunburst auctions are a significant part of the art auction circuit for collectors interested in Asian art.

💡eBay results

eBay results refer to the outcomes of various auctions that took place on the eBay platform, as discussed in the video. The speaker mentions several items that were sold, including a scroll weight and a coconut vase, providing prices and details about these sales. eBay is presented as a popular and accessible marketplace for buying and selling art and collectibles.

💡Auction reserves

Auction reserves are the minimum prices that a seller is willing to accept for an item at an auction. The speaker discusses how items can sell for below their low estimates if the reserves are low, indicating the strategic aspect of setting reserves in the auction process. Understanding auction reserves is important for bidders and sellers alike as it can influence the final sale price of an item.

Highlights

The Edward Chow collection auctioned in Hong Kong was a phenomenal success, with nearly all lots sold.

A fine quadruple vase seal, Mark y y Chen, from the Market period, sold for 1.7 million Hong Kong dollars, exceeding its estimate.

A clear loon garlic mouth seal Mark, chinlung Markin period, estimated at 20 to 30,000 Hong Kong, sold for 462,000 Hong Kong dollars.

A Guan glaze double gourd type vase with a square base, dated 17th or 18th century, sold for about 10 times its high estimate.

A Celadon Bowl, a yon Dynasty example, estimated at 50 to 70,000 Hong Kong dollars, sold for 330,000 Hong Kong dollars.

Nicholas Chow, head of the Southern bees Asian art department, reacquired a vase his grandfather had sold, which sold for 20 million Hong Kong dollars.

A double handled lwan Celadon Mallet base with fish handles sold for $889,000 Hong Kong dollars, four and a half times its high estimate.

A painting by Z from the tring dynasty sold for $1,127,000 Hong Kong, significantly above its modest estimate.

The narrator purchased a group of three 12-inch Satsuma bowls at Leland Little sale for $165, a great bargain.

Sunburst auctions featured a variety of items including a carved wooden Guanin and a libation cup, attracting interest.

An 18th-century enamelware piece with relief decorations caught attention, currently bid at $112 with a couple of days left.

A late Yong Chen fil Rose dish is expected to sell for around $200-$300, offering a good buying opportunity.

A snuff bottle with underglaze red from the late 18th to early 19th century has garnered significant interest, nearly reaching $1,000.

A set of three snuff bottles, mostly 19th-century examples with underglazed blue and red, includes a piece with horses, appealing to animal enthusiasts.

An antique embroidery listed as 18th-century Chinese was actually Japanese, a detail to note for collectors focusing on Chinese art.

The narrator discusses the importance of making offers at auctions, especially post-auction, due to sometimes low reserves.

The upcoming sale at Sunburst auctions includes a variety of Asian art pieces and reference books, offering a rich selection for collectors.