Celebration of Ravenel's 15th Anniversary Taipei Modern & Contemporary Asian Art Produces Dazzling Results

Eva Tang / Ravenel Quarterly No. 21 2017/05 / 2017-05-16

+ OVERVIEW

Held on two consecutive days, June 3 and June 4, the 2016 Spring Auction Taipei “Finest and Rarest Wines” closed successfully Saturday evening. The auction collected a total of 940 lots. With rigorous selection of wine quality, Ravenel presented exquisite fine wines from the new and the old worlds as well an abundance of Japanese and Scotch whiskies. This year’s Spring Auction reached nearly US$2,400,000 in total revenue and over 70% sold by lot. Facing the market correction in Asian wine auctions today, buyers still gave Ravenel full support to maintain a stable foothold in Taiwan’s fine wine auction market. As always, Ravenel appreciates the continued support and recognition of distinguished collectors everywhere.

The auction began with Bordeaux cellars. The results showed that wines from celebrated chateaus in legendary years were particularly favored. The market of cellar vintages is also recovering stably. The oldest vintage of this auction, Château Margaux 1900, was sold for US$12,979. The rest, such as Château La Mission Haut-Brion 1955, Château Latour 1966 and Château Cheval Blanc 2005, also



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December 7, 2014 \u2014 The much anticipated Ravenel Autumn Auction 2014 Taipei: Modern and Contemporary Asian Art took place on December 7 (Sunday) afternoon at Taipei\u2019s Fubon National Conference Center. A diverse selection of pieces attracted fierce bidding competition amongst buyers.<\/p>\n


<\/p>\n


<\/p>\n

Colorful works of Walasse Ting, spectacular pieces like \u201COld Houses\u201D and \u201CBoats Beside Xiang River\u201D by Pang Jiun, the unique, abstract works of Hsiao Chin (Xiao Qin) such as \u201COltre la grande soglia \u2013 79\u201D and \u201CIl giardino eterno \u2014 59\u201D were all up for sale and caused a bidding frenzy at the auction venue, via the internet, and by phone. Buyers were eager to make these wonderful treasures part of their collections and many pieces sold for more than twice to three times their original estimated prices. The atmosphere in the auction venue became even more heated with the entrance of works such as George Chann\u2019s \u201CAbstraction Series 537\u201D, Chiu Ya-tsai\u2019s \u201CGirl with Short Hair\u201D and \u201CThe Painter Wearing Red\u201D, which all changed hands smoothly.<\/p>\n


<\/p>\n


<\/p>\n

Next came the focus of the auction: Zao Wou-ki\u2019s \u201CMars, 1952\u201D, as seen on the cover of the auction catalogue and a rare large scale painting from Zao\u2019s \u201CKlee period\u201D, sold for US$ 3,536,139, the highest price seen on the day. The other catalogue cover painting was another Zao Wou-ki work, \u201CCiel, terre et poussiere\u201D, created during his \u201COracle Bone Period\u201D, and resulting in the second highest price of US$ 2,960,488. The artist\u2019s 1976 work \u201C21.01.76\u201D, a piece reminiscent of Chinese ink painting, sold for US$ 1,449,406, the third most expensive item on the day. Chu Teh-chun\u2019s \u201CComposition No. 166\u201D, a beautifully imagined piece, sold for US$ 1,156,441 and his \u201CL\'irreel\u201D sold for US$ 1,040,797. These were the top five lots of the auction.<\/p>\n


<\/p>\n


<\/p>\n

All three lots by artist Liu Kuo-sung, a founder of modern Chinese ink painting, were sold to enthusiastic buyers. Prospects for \u201CRhythm of the Moon (B)\u201D were good leading up to the auction; the piece ended up selling for US$ 327,658, doubling its estimated price and becoming the sixth highest price paid for a work by this artist anywhere and the highest ever price for a work of his sold in Taiwan.<\/p>\n


<\/p>\n


<\/p>\n

Ravenel\u2019s Autumn Auction selected 11 of Sanyu\u2019s works on paper as the part of our special exhibition, which then became the focus of the auction. Bidding cards went up one after another and every lot was sold, including the watercolor \u201CNude with Green Shoes\u201D; the painting sold for US$ 100,225 after 25 bids, more than five times its original estimated price, making it into the top ten for auction prices worldwide for a Sanyu work on paper.<\/p>\n


<\/p>\n


<\/p>\n

\u201CRose\u201D, a 61 by 61 cm piece by contemporary Taiwan artist Tzu-chi Yeh, sold for more than four times its estimated price after 22 bids for US$ 104,080. The artists\u2019 love and attachment to Tainan is plain in his work \u201CBig Banyan Tree\u201D, which many bidders were determined to take home, causing another bidding war with 19 bids and selling for US$ 462,576. This broke the artist\u2019s previous record at Ravenel\u2019s Spring Auction. This smaller work is now the highest price paid at an auction anywhere for a Tzu-chi Yeh work.<\/p>\n


<\/p>\n


<\/p>\n

Works by Japanese artists such as Yayoi Kusama, Masaru Schichinohe and Tomoya Tsukamoto also did well. Tomoya Tsukamoto\u2019s \u201CInside the Forest\u201D received many inquires before the auction and competing bids drove the final price to US$ 57,822, ten times higher than the estimated price.<\/p>\n


<\/p>\n


<\/p>\n

Flora Fu, President of the Taipei Art Department, remarked that \u201Cboth semi-annual auctions achieved record-breaking success on the occasion of Ravenel\u2019s 15th<\/sup> anniversary. At the Spring Auction, Zao Wou-ki\u2019s \u2018Plantes tortill\xE9es\u2019 set a record for an oil painting sold at a Taiwan auction so we collected several of his classic works from different artistic periods for the Autumn Auction. The results were a resounding success and we are greatly appreciative of the interest and support we received. Together, we marked another milestone\u2014the 15th<\/sup> anniversary of the Ravenel International Art Group. Ravenel will continue to uphold its commitment to the presentation of contemporary and modern Asian art for collectors. We look forward to hosting many more auctions in the future.\u201D<\/p>\n


<\/p>\n


<\/p>\n

Auction Results: total auction turnover of US$ 21,760,874, sold by lot: 80.51%, sold by value: 109.35%<\/p>\n


<\/p>\n


<\/p>\n

Ravenel Autumn Auction 2014 Taipei

Modern & Contemporary Asian Art

Top 10 Lots by Sales Value<\/a><\/strong><\/p>\n


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<\/p>\n<\/div>' $('#newsContent').html(newsContent); var news = {'author':'','content':'

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<\/td><\/tr><\/tbody><\/table>

December 7, 2014 \u2014 The much anticipated Ravenel Autumn Auction 2014 Taipei: Modern and Contemporary Asian Art took place on December 7 (Sunday) afternoon at Taipei\u2019s Fubon National Conference Center. A diverse selection of pieces attracted fierce bidding competition amongst buyers.<\/p>


<\/p>


<\/p>

Colorful works of Walasse Ting, spectacular pieces like \u201COld Houses\u201D and \u201CBoats Beside Xiang River\u201D by Pang Jiun, the unique, abstract works of Hsiao Chin (Xiao Qin) such as \u201COltre la grande soglia \u2013 79\u201D and \u201CIl giardino eterno \u2014 59\u201D were all up for sale and caused a bidding frenzy at the auction venue, via the internet, and by phone. Buyers were eager to make these wonderful treasures part of their collections and many pieces sold for more than twice to three times their original estimated prices. The atmosphere in the auction venue became even more heated with the entrance of works such as George Chann\u2019s \u201CAbstraction Series 537\u201D, Chiu Ya-tsai\u2019s \u201CGirl with Short Hair\u201D and \u201CThe Painter Wearing Red\u201D, which all changed hands smoothly.<\/p>


<\/p>


<\/p>

Next came the focus of the auction: Zao Wou-ki\u2019s \u201CMars, 1952\u201D, as seen on the cover of the auction catalogue and a rare large scale painting from Zao\u2019s \u201CKlee period\u201D, sold for US$ 3,536,139, the highest price seen on the day. The other catalogue cover painting was another Zao Wou-ki work, \u201CCiel, terre et poussiere\u201D, created during his \u201COracle Bone Period\u201D, and resulting in the second highest price of US$ 2,960,488. The artist\u2019s 1976 work \u201C21.01.76\u201D, a piece reminiscent of Chinese ink painting, sold for US$ 1,449,406, the third most expensive item on the day. Chu Teh-chun\u2019s \u201CComposition No. 166\u201D, a beautifully imagined piece, sold for US$ 1,156,441 and his \u201CL\'irreel\u201D sold for US$ 1,040,797. These were the top five lots of the auction.<\/p>


<\/p>


<\/p>

All three lots by artist Liu Kuo-sung, a founder of modern Chinese ink painting, were sold to enthusiastic buyers. Prospects for \u201CRhythm of the Moon (B)\u201D were good leading up to the auction; the piece ended up selling for US$ 327,658, doubling its estimated price and becoming the sixth highest price paid for a work by this artist anywhere and the highest ever price for a work of his sold in Taiwan.<\/p>


<\/p>


<\/p>

Ravenel\u2019s Autumn Auction selected 11 of Sanyu\u2019s works on paper as the part of our special exhibition, which then became the focus of the auction. Bidding cards went up one after another and every lot was sold, including the watercolor \u201CNude with Green Shoes\u201D; the painting sold for US$ 100,225 after 25 bids, more than five times its original estimated price, making it into the top ten for auction prices worldwide for a Sanyu work on paper.<\/p>


<\/p>


<\/p>

\u201CRose\u201D, a 61 by 61 cm piece by contemporary Taiwan artist Tzu-chi Yeh, sold for more than four times its estimated price after 22 bids for US$ 104,080. The artists\u2019 love and attachment to Tainan is plain in his work \u201CBig Banyan Tree\u201D, which many bidders were determined to take home, causing another bidding war with 19 bids and selling for US$ 462,576. This broke the artist\u2019s previous record at Ravenel\u2019s Spring Auction. This smaller work is now the highest price paid at an auction anywhere for a Tzu-chi Yeh work.<\/p>


<\/p>


<\/p>

Works by Japanese artists such as Yayoi Kusama, Masaru Schichinohe and Tomoya Tsukamoto also did well. Tomoya Tsukamoto\u2019s \u201CInside the Forest\u201D received many inquires before the auction and competing bids drove the final price to US$ 57,822, ten times higher than the estimated price.<\/p>


<\/p>


<\/p>

Flora Fu, President of the Taipei Art Department, remarked that \u201Cboth semi-annual auctions achieved record-breaking success on the occasion of Ravenel\u2019s 15th<\/sup> anniversary. At the Spring Auction, Zao Wou-ki\u2019s \u2018Plantes tortill\xE9es\u2019 set a record for an oil painting sold at a Taiwan auction so we collected several of his classic works from different artistic periods for the Autumn Auction. The results were a resounding success and we are greatly appreciative of the interest and support we received. Together, we marked another milestone\u2014the 15th<\/sup> anniversary of the Ravenel International Art Group. Ravenel will continue to uphold its commitment to the presentation of contemporary and modern Asian art for collectors. We look forward to hosting many more auctions in the future.\u201D<\/p>


<\/p>


<\/p>

Auction Results: total auction turnover of US$ 21,760,874, sold by lot: 80.51%, sold by value: 109.35%<\/p>


<\/p>


<\/p>

Ravenel Autumn Auction 2014 Taipei

Modern & Contemporary Asian Art

Top 10 Lots by Sales Value<\/a><\/strong><\/p>


\"\" \"\"<\/p>


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December 7, 2014 \u2014 The much anticipated Ravenel Autumn Auction 2014 Taipei: Modern and Contemporary Asian Art took place on December 7 (Sunday) afternoon at Taipei\u2019s Fubon National Conference Center. A diverse selection of pieces attracted fierce bidding competition amongst buyers.<\/p>\n


<\/p>\n


<\/p>\n

Colorful works of Walasse Ting, spectacular pieces like \u201COld Houses\u201D and \u201CBoats Beside Xiang River\u201D by Pang Jiun, the unique, abstract works of Hsiao Chin (Xiao Qin) such as \u201COltre la grande soglia \u2013 79\u201D and \u201CIl giardino eterno \u2014 59\u201D were all up for sale and caused a bidding frenzy at the auction venue, via the internet, and by phone. Buyers were eager to make these wonderful treasures part of their collections and many pieces sold for more than twice to three times their original estimated prices. The atmosphere in the auction venue became even more heated with the entrance of works such as George Chann\u2019s \u201CAbstraction Series 537\u201D, Chiu Ya-tsai\u2019s \u201CGirl with Short Hair\u201D and \u201CThe Painter Wearing Red\u201D, which all changed hands smoothly.<\/p>\n


<\/p>\n


<\/p>\n

Next came the focus of the auction: Zao Wou-ki\u2019s \u201CMars, 1952\u201D, as seen on the cover of the auction catalogue and a rare large scale painting from Zao\u2019s \u201CKlee period\u201D, sold for US$ 3,536,139, the highest price seen on the day. The other catalogue cover painting was another Zao Wou-ki work, \u201CCiel, terre et poussiere\u201D, created during his \u201COracle Bone Period\u201D, and resulting in the second highest price of US$ 2,960,488. The artist\u2019s 1976 work \u201C21.01.76\u201D, a piece reminiscent of Chinese ink painting, sold for US$ 1,449,406, the third most expensive item on the day. Chu Teh-chun\u2019s \u201CComposition No. 166\u201D, a beautifully imagined piece, sold for US$ 1,156,441 and his \u201CL\'irreel\u201D sold for US$ 1,040,797. These were the top five lots of the auction.<\/p>\n


<\/p>\n


<\/p>\n

All three lots by artist Liu Kuo-sung, a founder of modern Chinese ink painting, were sold to enthusiastic buyers. Prospects for \u201CRhythm of the Moon (B)\u201D were good leading up to the auction; the piece ended up selling for US$ 327,658, doubling its estimated price and becoming the sixth highest price paid for a work by this artist anywhere and the highest ever price for a work of his sold in Taiwan.<\/p>\n


<\/p>\n


<\/p>\n

Ravenel\u2019s Autumn Auction selected 11 of Sanyu\u2019s works on paper as the part of our special exhibition, which then became the focus of the auction. Bidding cards went up one after another and every lot was sold, including the watercolor \u201CNude with Green Shoes\u201D; the painting sold for US$ 100,225 after 25 bids, more than five times its original estimated price, making it into the top ten for auction prices worldwide for a Sanyu work on paper.<\/p>\n


<\/p>\n


<\/p>\n

\u201CRose\u201D, a 61 by 61 cm piece by contemporary Taiwan artist Tzu-chi Yeh, sold for more than four times its estimated price after 22 bids for US$ 104,080. The artists\u2019 love and attachment to Tainan is plain in his work \u201CBig Banyan Tree\u201D, which many bidders were determined to take home, causing another bidding war with 19 bids and selling for US$ 462,576. This broke the artist\u2019s previous record at Ravenel\u2019s Spring Auction. This smaller work is now the highest price paid at an auction anywhere for a Tzu-chi Yeh work.<\/p>\n


<\/p>\n


<\/p>\n

Works by Japanese artists such as Yayoi Kusama, Masaru Schichinohe and Tomoya Tsukamoto also did well. Tomoya Tsukamoto\u2019s \u201CInside the Forest\u201D received many inquires before the auction and competing bids drove the final price to US$ 57,822, ten times higher than the estimated price.<\/p>\n


<\/p>\n


<\/p>\n

Flora Fu, President of the Taipei Art Department, remarked that \u201Cboth semi-annual auctions achieved record-breaking success on the occasion of Ravenel\u2019s 15th<\/sup> anniversary. At the Spring Auction, Zao Wou-ki\u2019s \u2018Plantes tortill\xE9es\u2019 set a record for an oil painting sold at a Taiwan auction so we collected several of his classic works from different artistic periods for the Autumn Auction. The results were a resounding success and we are greatly appreciative of the interest and support we received. Together, we marked another milestone\u2014the 15th<\/sup> anniversary of the Ravenel International Art Group. Ravenel will continue to uphold its commitment to the presentation of contemporary and modern Asian art for collectors. We look forward to hosting many more auctions in the future.\u201D<\/p>\n


<\/p>\n


<\/p>\n

Auction Results: total auction turnover of US$ 21,760,874, sold by lot: 80.51%, sold by value: 109.35%<\/p>\n


<\/p>\n


<\/p>\n

Ravenel Autumn Auction 2014 Taipei

Modern & Contemporary Asian Art

Top 10 Lots by Sales Value<\/a><\/strong><\/p>\n


\"\" \"\"<\/p>\n


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