Scrolls by Zhang Daqian Shatter Estimates Selling for $3 Million at Clars on June 18th

03 Jul

Group of eight scrolls by Zhang Daqian
(Chinese, 1899-1983),
Landscape, ink and color on paper,
painting: 16.25′′w, overall: 18.5′′w
Sold for $2,919,000 | June 18, 2017

Oakland, CA17 & 18 – June 2017 – On June 18, 2017, Clars Auction Gallery hosted an important Asian art and antiques as part of their June 17th and 18th Fine Art, Decorative Art, Furniture, Jewelry/Timepieces and Asian Art Auction. This sale was expected to draw strong national and international bidding on the exceptional single works and collections that were offered but in the end, this sale exceeded all predictions realizing over $5 million and shattering presale estimates not only in the Asian offerings but across the board in all categories.  After the sale, Redge Martin, President of Clars commented, “I had called this a Hot June Auction. And it turned out to be very hot – hot sales, hot temperature.”

The Asian Art & Antiques
The star of this special sale was a group of eight scrolls by Chinese artist Zhang Daqian (Chang Dai-chien, 1899-1983).  This collection of eight scrolls included landscape paintings, ink and color on paper and one executed with colophon to celebrate Shaoyun [Ma Hongkui] General’s birthday. All were signed and sealed Zhang Daqian and were offered as one lot with an estimate of $200,000 to $400,000. Open to phone and floor bidders only, it was clear from the start that this was going to be a very exciting lot to watch as heated bidding quickly drove this lot higher and higher to finally land at it’s final selling price of $2,919,000.

Chinese celadon glazed porcelain zhadou,
base with Yongzheng mark, 8.25′′w
Sold for $169,400 | June 18, 2017

Astonishing prices on Asian art and antiques continued through the sale. Next, in porcelain, a celadon glazed porcelain zhadou  with a lobed hexagonal body rising to a trumpet neck and bearing the Yonzheng mark was offered for $20,000 to $40,000. Once again, tremendous bidding drove this lot higher and higher to its final sale price of $169,400. (Provenance: Estate of Yuet Lai Tsang, Contributing Author of ‘Jian Jin Ji’, Pasadena, CA).

Himalayan Bronze Vaisravana, 6.8″h
Sold for $57,475 | June 18, 2017

Following this, a Himalayan gilt bronze of Vaisravana,  the base marked with a double vajra, was expected to achieve $4,000 to $6,000. The bidding opened at $2,000 but was quickly left in the dust as this lot came to rest at $57,475. Earning the same strong price was a Chinese bamboo vase with trumpet neck.  Then came the extensive collection of Chinese Huanghuali furniture which also performed well beyond expectations. Topping this collection was a pair of tall cabinets that commanded the impressive price of $102,850 . Next, and flying past high estimate, was an altar table that sold for $66,500 ; a Chinese large desk also surpassed high estimate selling for $51,475 and more than doubling its high estimate was another smaller Chinese desk that sold for $48,400. Clars has developed an international reputation for obtaining outstanding prices on Chinese Huanghuali furniture.

Pair of Chinese Huanghuali Compound Cabinets
Sold for $102,850 | June 18, 2017

Chinese huanghuali altar table (qiao tou an)
35.5″h x 79.5″w x 16.25″d
Sold for $66,500 | June 18, 2017

And the surprises kept coming. From the estate of Estate of Lim Kee Chin, the former Singapore Trade Commissioner, a Chinese tianhuang seal measuring just 1.25” high sold for 3 times high estimate achieving $22,900.  In all, the 124 lots of exceptional Asian art and antiques were offered realized a very impressive $4,022,000.

1909 O $5 MS62
Gold U.S. Coin NGC Slab
Sold for $45,375 | June 18, 2017

Decorative Arts – Important Numismatic Collection
A collection of 19th & 20th century U.S. Gold and Silver Coins plus Territorial Gold and Bulk Silver Coin Lots in 46 lots performed exceptionally well and was the highlight of this category. This important collection earned $134,200 in total with the top lot being a slabbed 1909 O $5 MS62 Gold U.S. coin NGC Certified  which sold for $45,375. Taking second place was a lot of 2 – 2012 U.S. Mint bullion silver dollar cases unopened, 500 coins per case that earned $20,570.  Selling for over 10 times high estimate was an 1850 $5 Marked XF Liberty Head Gold U.S. Coin Slab  which sold for $12,100.

The Fine Art
Fine Art had an impressive sale on June 18th as well with several works surpassing their estimates. The top seller in this category was an oil on canvas by Nikolai Fechin (Russina, 1881-1955). Titled Portrait of a Boy, this work sold nicely for $30,250.  Selling for well over high estimate was “Kerrville (Texas)” 1952, an oil on canvas by Robert Wood (American, 1889-1979). Expected to achieve $20,000, this painting commanded $29,040.  A nice surprise was also had on an oil on board by Joaquin Sorolla Y Bastida (American/Spanish, 1863-1923). Titled La Playa de Valencia, 1918, this work was offered for $1,500 – $2,500 but furious bidding drove the final price to a very impressive $26,620.

(lot of 2) 2012 U.S. Mint bullion
silver dollar cases unopened
Sold for $20,570 | June 18, 2017

Rounding out the fine art top sellers was Donner Lake Near Truckee, California, Looking Westward Towards the Sierras, circa 1872, an oil on board by Albert Bierstadt (American/German, 1830-1902) that also topped high estimate selling for $13,310.

Jewelry & Timepieces
Rolex took the lead in this category’s offerings for June. A Rolex Yacht Master II diamond and 18k yellow gold wristwatch, post 2010, was estimated to sell for $8,000 to $10,000 but went well beyond that selling for $19,360. Following a Rolex Blue Submariner, two-tone, circa 2008, also surpassed high estimate ticking off at $8,470.

Nikolai Fechin
(Russian, 1881-1955),
Portrait of a Boy,
oil on canvas, 12” x 9
Sold for $30,250 | June 18, 2017

Also surpassing high estimate was a yellow sapphire, ruby and 14k yellow gold dragon suite comprised of a necklace and pair of earrings that earned $7,260; a diamond and 18k yellow gold necklace went for $6,655 as did an emerald, diamond and yellow gold convertible drop necklace. In addition, an unusual collection of Victorian Egyptian Revival Scarab bracelets, earrings, pendant and brooch earned far more than expected. It was also exciting to see that every jewelry lot sold.

For a complete list of results and prices realized for this entire sale, please visit www.clars.com

Clars’ next Fine Art, Decorative Art, Furniture, Jewelry/Timepieces and Asian Art Auction will be held on Saturday and Sunday July 15th and 16th , 2017. The sales will begin promptly at 9:30am on Saturday and Sunday. Previews for this sale will be held Friday, July 14th from 1pm to 6pm, Saturday and Sunday beginning at 9:00 am and by appointment the week prior. A complete catalog will be available online one and one-half weeks prior to the sale. For more information, please visit www.clars.com or email: [email protected]

Joaquin Sorolla y Bastida
(American/Spanish, 1863-1923),
La Playa de Valencia,
1918, oil on board, unsigned, 12″ x 19″
Sold $26,620 | June 18, 2017

Bidding for Clars’ auctions is available in person, by phone, absentee and live online at www.Live.Clars.com and through www.liveauctioneers.com, and www.Invaluable.com.  Clars Auction Gallery is located at 5644 Telegraph Avenue, Oakland, CA 94609.

Clars Auction Gallery is based in Oakland (CA) and is the largest full service auction gallery in the Western United States. Clars Auction Gallery has been the chosen auction gallery of a number of institutions and distinguished private collectors across the country including the Richard Mellon Scaife Estate, the Thomas J. Perkins Estate and The Metropolitan Museum of Art (NYC).

In the last 10 years, Clars Auction Gallery has sold over $130,000,000 of Fine Art, Furnishings, Jewelry, Vehicles and

Rolex Yacht Master II diamond,
18k yellow gold wristwatch
Sold for $19,360 | June 18, 2017

Collectibles and has set multiple new world auction records. Follow Clars on Facebook and Twitter!

 

 

 

 

 

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