NEW YORK CITY – The three-session online sale of rare works of Asian art presented by Lark Mason Associates, which was conducted exclusively on www.igavelauctions.com, concluded on November 3 and rang up $932,045 in sales.
“The series of sales exceeded expectations and showed the market to be remarkably resilient, boding well for the 2023 spring sales of Asian art in March,” says Lark Mason. “It included nearly 500 lots with a mix of works ranging from ancient works of art to furniture, resulting in a significant number of bidders pursuing works across a variety of categories.”
According to Mason, the strong response was due to the variety of material and estimates which were reasonable and took into consideration the costs incurred by bidders who were incurring packing and shipping costs in addition to the hammer price at auction.
Forty-eight bidders from Hong Kong, China, Canada and the United States competed for a Chinese ink on paper hand scroll, painting of antlers, signed Qianlong Emperor, which sold for $118,750, surpassing its estimate ten-fold.
Other lots that surpassed their original estimates were a Chinese Peking amber glass octagonal bottle vase that was eagerly pursued by 38 bidders and snapped up for $17,500; while an ink-on-silk Korean four panel screen by Kim K-Chang (1913-2001) sold for $18,125, exceeding its estimate three-fold, with 26 bids.
A pair of Chinese faux cloisonne porcelain jardinieres, mid-Qing dynasty sold for $25,000, twice its estimate and the same price achieved by a Chinese brown jade huang-form dragon pendant. A pair of Twentieth Century Chinese porcelain “magpie and prunus” vases far exceeded its $1,2/1,500 estimate and garnered $20,625; and a Nineteenth Century carved beige stone gourd-form snuff bottle topped off at $8,125.
In addition to the highlights cited, there were categories of items such as rugs and carpets, from a Midwestern collection, that had primarily been purchased in years past at auction and when offered again, realized as much and, in many cases, more than the original purchase price. “The variety of rugs and carpets helped to attract buyers who were primarily interested in home furnishings and enticed them to bid on other objects in the sale,” says Mason.
With locations in New Braunfels, Texas, and New York City, Lark Mason Associates, the eponymous, auction house specializing in Asian, ethnographic and ancient works of art, was founded by Lark Mason after many years as an expert at Sotheby’s New York.
Prices quoted include the buyer’s premium as reported by the auction house.
For additional information, www.larkmasonassociates.com or 212-289-5524.