HONG KONG.- Sothebys is presenting its second season of Panorama: A New Perspective, a major selling exhibition of over 40 paintings and sculpture from some of the most influential artists of the 19th and 20th centuries.
Featuring seminal works spanning 150 years of art history, the exhibition traces the aesthetic development of Modern art throughout Europe and into the United States, and towards the Contemporary abstract art informed by its predecessors. The show offers major works by established masters such as Andy Warhol, Claude Monet, Jean-Michel Basquiat, Edgar Degas, Willem de Kooning and Joan Mitchell, all available for immediate private sale. Together, the works are valued in excess of US$100 million, with a range of estimates starting at US$50,000.
The show is open to the public from 28 September to 3 October at Hall 1 of the Hong Kong Convention and Exhibition Centre, presented alongside Sothebys Autumn 2018 Hong Kong Sale Series.
Patti Wong, Chairman, Sothebys Asia, comments: Sothebys Asia is delighted to present an outstanding selection of Western Impressionist, Modern and Contemporary works for the second instalment of Panorama in Hong Kong. We build on the tremendous response we received from our exhibition in March this year and our commitment to growing the interest in and the market of Western art in Asia - both through auctions and private sales. This two-pronged strategy enables us to cater to the diverse collecting tastes and needs of our clients in this region.
David Schrader, Senior Vice President, Head of Private Sale, notes: It is great to be back in Hong Kong with our second iteration of Panorama, following the success of our inaugural exhibition this spring. We look forward to presenting topquality examples of Western Impressionist, Modern and Contemporary art to an Asian audience of collectors and connoisseurs, whose passion for acquiring such works continues to grow. Panorama also signals our enhanced focus to the region and investment in growing middle-market for private sales, where estimates in this show will start in the region of US$50,000.
In the first half of 2018, private sales across Sothebys were up 63% to US$543 million, with the number private sale transactions in the Global Fine Art Division up 76%. In Hong Kong alone, private sales reached nearly US$90 millionthe greatest total in a decade. This immense growth is the result of our continued dedication to this segment of the art market, our expanding network of international clients, and the capabilities and members of our growing team.
SALE HIGHLIGHTS
Jean-Michel Basquiat Loin 1982 Acrylic, colored oil sticks and pastel on canvas, 72 x 48 in.
Joan Mitchell Xavier 1985 Oil on canvas, 102 ¼ x 51 ¼ in.
Edgar Degas La Conversation 1895 Pastel on paper, 25 5/8 x 19 5/8 in.
Marc Chagall Les mariés dans le ciel de Paris 1980 oil and tempera on canvas, 51 ¼ x 35 1/8 in.
Claude Monet Falaise à Varengeville 1882, oil on canvas, 25½ x 32 in
Willem de Kooning Untitled 1987 Oil on canvas, 77 x 88 in.
Pierre Bonnard Jeune fille jouant avex un chien 1913 oil on canvas, 29 x 30 ½ in