NEW YORK CITY — Day four of Sotheby’s Asia Week sale series concluded on March 22 with the Chew family collection of Chinese paintings and calligraphy totaling $13.3 million, doubling its high estimate of $6.6 million. The evening auction was led by Zhang Daqian’s “Water and Sky Gazing After Rain in Splashed Color” – a monumental scroll from 1968 making its auction debut – for which five collectors competed, with many more on the telephones, for nearly nine minutes. The exquisite work sold for a final price of $6.6 million, nearly four times its high estimate.
A complete roundup of Asia Week New York sales and events will follow.