Modern and Contemporary Art Department adopts a quality-over-quantity strategy in establishing a new direction for and concept of art collection. It aims to foster a closer relationship between art history and art collection with a precise academic standpoint to spearhead a trend in the market and provide a comprehensive and systematic direction for collecting for art connoisseurs.
The Department’s every auction has a distinct theme, attempting to expand collectors’ taste and horizon and help them build up a more professional and systematic collection. Various important themes have reached new heights: for example, “The Trajectory – an Overseas Collection of Oil Paintings from the Republican Era of China”, “New Wave – Oil Paintings in the 1920s-1950s: A Prologue to Chinese Contemporary Art”, “Property from the Guy & Myriam Ullens Collection of Chinese Contemporary Art”, “A Kite with an Unbroken String – In Commemoration of the Centennial of Wu Guanzhong”, special sections devoted to Lin Show-Yu.
Since its establishment, the Department has set several auction sales records. In 2018, Zao Wou-Ki’s large-scale painting “Et la terre était sans forme” sold for HK$ 183 million, setting a new auction record within Zao’s ‘oracle-bone period’, and is ranked as the third-highest auction sales record for Zao’s work. In 2019, Yoshitomo Nara’s museum-grade installation masterpieces Not Everything but/Green House and Not Everything but/Orange House were sold for a combined total of HK$ 40.12 million record for the artist’s three-dimensional work.
In the future, the Department will continue to provide the best collectibles with the comprehensive perspective and historical research and explore the facets of artwork and the possibility of contemplation. Through an auction platform that knows no boundaries between cultures from various parts of the world, specialists are integrating the East and the West, connecting the traditional with the modern, and striving for the possibility of maximum value.
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