Stellar Results at Bonhams New York Asia Week Sales

Chinese Works of Art and Paintings
Monday, March 15, 2021, 10AM EST

Sale total: US$3,580,096, 218% above pre-sale estimate (US$ 1,645,200)
86% sold by value
30% of lots (231 lots) sold above high estimate
Seven of the top ten lots sold above high estimate
Top lot of the sale:
Lot 86: A rare cream-glazed ingot-shaped pillow with an Imperial Qianlong inscription, from The Rosalind Ching Pastor Collection
Estimate: US$50,000-80,000
Sold for US$882,313 – over ten times the estimate and the top lot of this week's Asia Week sales at Bonhams
Other notable results include:
Lot 79: A rare black stone cross-legged figure of Maitreya dating back to the Northern Wei Dynasty
Estimate: US$70,000-100,000
Sold for US$400,312 – over five times the estimate

Fine Japanese and Korean Art
Wednesday, March 17, 2021, 10AM EST

Nine of the top ten lots sold above high estimate
Top lot of the sale:
Lot 702: A large-scale painting of Yeongsan (Vulture Peak) Assembly, Joseon dynasty (1392-1897), 17th/18th century
Estimate: US$7,000-9,000
Sold for US$94,063 - over 13 times the estimate
Other notable highlights include:
Lot 561: A rare and important model of a Celestial Musician from the Horyuji temple, Asuka period (538-710), 7th century
Estimate: US$35,000-50,000
Sold for US$50,313

Dessa Goddard, Bonhams Vice President US Head, Asian Art Group, commented, "Once again, we see that fresh objects with pristine provenance continue to generate strong demand. This, together with attractive estimates, drove spirited competition across the board, with most of the sales' top ten lots selling above their high estimates. The star lot of the week – a rare cream-glazed ingot-shaped pillow with an Imperial Qianlong inscription – even soared ten times above the estimate. Collectors from Asia, especially Mainland China, Taiwan and Hong Kong, were undeterred by the travel ban to bid and view remotely via our online platform, demonstrating their confidence in Bonhams. Overall, we are pleased to say that the market is buoyant as ever, and the confidence in Asian art remains undiminished."

Indian, Himalayan & Southeast Asian Art
Tuesday, March 16, 2021, 6PM EST

Six of the top ten lots sold above high estimate
Top lots of the sale:
Lot 331: A copper alloy figure of Shiva Chandrashekhara Tamil Nadu, dating from the Chola Period, circa 1100
Sold for US$400,313, far eclipsing the high estimate (US$250,000-350,000)
Lot 305: A brass figure of Vajravarahi from Northeastern India, dating from the Pala Period, circa 11th Century
Sold for US$ 400,313
Other notable highlights include:
Lot 338: A Folio from The Kangra Rasikapriya: Krishna Examines A Picture of His Beloved
Sold for US$50,313, the second highest price achieved for a folio from The Kangra Rasikapriya at auction. The current record is held by Bonhams since 2016.

Edward Wilkinson, Bonhams Global Head of the Indian, Himalayan, and Southeast Asian Art, said: "Keen demand was seen across all areas of the category especially towards the finest of works, as six of the top ten lots sold above their high estimates. One of the two top lots – a copper alloy figure of Shiva Chandrashekhara, is a fine example of South Indian Chola sculpture of Shiva which rarely remains intact. From the Bhansali collection, it sold under competitive biddings from around the globe for US$400,313, far exceeding its high estimate. We look forward to the next Hong Kong sale of Images of Devotion on 21 April."


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