Asia Week New York rings up over $98.6M in sales

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Asia Week New York rings up over $98.6M in sales
Ken Matsubara (1948-present), Chaos - 屏風「カオス, 1983. Painting. H70 7/8 x W433 1/8 in, H180 x W1100 cm. Credit: Ippodo Gallery.

NEW YORK, NY.- After a two-year absence, Asia Week New York returned stronger than ever with galleries and auction houses ringing up total combined sales of $98,622,190. At press time, this figure includes 25 out of 26 galleries and 5 out of 6 auction houses–Bonhams, Christie’s, Doyle, Heritage, and Sotheby’s. iGavel Auctions opens for online bidding on April 7th.

Said Dessa Goddard chairman of Asia Week New York: “We were delighted by the enthusiastic response we received from our collectors, curators, and scholars, who returned to New York for the many exhibitions, auction sales and museum shows. Their excitement and energy were palpable throughout the week, and the results of the sales testifies to the continued strength of the Asian Art market. We look forward to continuing our active program of newsletters, virtual galleries, webinars, and postings throughout this year and to an even more successful 2023.

To celebrate the occasion, a gala reception co-hosted by The Asian Art Department of The Metropolitan Museum of Art and Asia Week New York took place at the Museum. Andrea Bayer, Deputy Director for Collections and Administration, Dessa Goddard, the chairman of Asia Week New York and Mike D. Hearn, the Douglas Dillon Chairman of the Department of Asian Art welcomed the crowd of over 450 attendees comprising of international collectors, curators, gallery owners, and scholars who were in town for the exhibitions, auctions, and museum shows.

Here is a sampling of the responses and sales from the dealers:

Steven Chait, one of the principals of the Chinese-specialists R.M. Chait Galleries, Inc,. reported that sales were made to a variety of private collectors, mostly American and some European, with museum interest pending on a few. “The week was a great success in turnout and enthusiasm,” said Chait. “It was great to see so many people happily visiting again after the Covid break.”

"It was wonderful to welcome visitors to the gallery again during Asia Week,” says Katie Williamson, director of Sebastian Izzard LLC Asian Art. There was great interest in the collection of surimono we exhibited, and we are delighted that so many of them have found new homes. The market continues to look strong for high quality Japanese prints.”

First-time participant Fu Qiumeng, of her eponymous gallery Fu Qiumeng Fine Art, sold eight paintings featured in her exhibition “Ink Affinities: The Collaborative Works of Arnold Chang and Michael Cherney,” including Saltscape Lattice, 2021.

The Minneapolis Institute of Art paid a visit to Thomas Murray, the Indian and Indonesian textile specialist, and snapped up a rare Mejii period Attush robe, from the Ainu people, made of elm bark fiber, cotton, trade cloth and embellished with silk tassels, shells, and applique embroidery.

Ippodo Gallery also sold to the Minneapolis Institute of Art, which purchased Chaos- 1948-to the present, the monumental 12-panel screen by Ken Matsubara, as well as other works by the artist that were snapped up by private collectors.
Brendan Lynch, of the London-based gallery Oliver Forge & Brendan Lynch Ltd., reported that their highly-successful exhibition, “Indian and Persian Court Painting,” sold to private collectors and museums including The Metropolitan Museum of Art, The Art Museum, the Princeton University Art Museum, and The Cincinnati Art Museum. Among the highlights was Emperor Shah Jahan and his sons in audience with a holy man, India, Northern Deccan, probably Aurangabad, 1710-20, which was sold to a private collector in California.

“The definition of Asian Art gets broader and more multifaceted with the increasing cultural globalization of the 21st century,” says Miyako Yoshinaga of her eponymous gallery, MIYAKO YOSHINAGA. “Our gallery presented an underrepresented field–works by Asian-American artists such as Jonathan Yukio Clark, born and raised in Hawaii, whose landscapes and woodworks–with their Hawaiian and Japanese sensibilities –were received with enthusiastic response from collectors and curators.” Several large works were sold from the exhibition, including Moon Rise in the Quiet Wind.

“We sold 98% of our exhibition of ceramic works by Kondo Takahiro, with two major museums being among the buyers,” said Joan Mirviss of her signature Joan B Mirviss LTD, which exhibited jointly with INKstudio, the Beijing-based gallery. “Asia Week New York for both my gallery and Inkstudio was like a “spring awakening” from the isolation of the past two years," said Mirviss. “Nearly everyone expressed delight and admiration for our inspired collaboration."

"Curators and their directors arrived from museums across the country, both private and academic," said Craig Yee, of INKstudio. He reported that several ink paintings by Bingyi were sold, including three leaves from her series Eight Views of Bewilderment to a New York collector.

“With the pent-up enthusiasm of collectors, I think people were just so happy to be back in New York and eager to do the rounds to see what we all had on offer," said Katherine Martin, director of Scholten Japanese Art. “One of the most interesting works we sold was the extremely large Hiroshi Yoshida watercolor, Shiozaki, which I expect we may see in a museum exhibition in the not-too-distant future.”

"It was such a pleasure to be in New York for Asia Week and connect with our clients in-person,"said Margo Thoma, of TAI Modern. "We missed the thrill of interacting with so many people." According to Thoma, several bamboo baskets, by Yufu Shohaku, were sold.

“We reopened our gallery this year and have welcomed back many clients with online sales still remaining strong,” said Nana Onishi of Onishi Gallery. Among the objects sold was Shunpu (Spring Wind), a lacquered wood tea caddy by Murose Kazumi, a Living National Treasure, a silver vase by Otsuko Masako and silver pieces by Osumi Yukie.

Chinese specialist Eric Zetterquist of his eponymous Zetterquist Galleries in New York commented: We sold two-thirds of our exhibition of Chinese Ceramics from Tang-Yuan Dynasty including a large Yaozhou Carved Peony bowl from the Northern Song Dynasty (960-1127 AD) and a Xing-Yao Long Necked Bottle Vase from the Tang Dynasty (618-907 AD).

Beatrice Chang, owner of Dai Ichi Arts Ltd., reported that she welcomed a steady stream of visitors and sold several pieces including Jomon Spiral by Shigematsu Ayumi, Cornucopia by Tashima Etsuko, and Work 96-1, by Hayashi Yasuo, while a Late Joseon Dynasty eight-panel screen depicting Scenes from Three Kingdoms (Samgugji) sold at HK Art and Antiques LLC.

Asia Week New York is always a draw for museum curators on the lookout for treasures, and this year was no different. Among the many American institutions represented were the Asian Art Museum in San Francisco, the Art Institute of Chicago, the Saint Louis Art Museum, the Minneapolis Institute of Art, the Museum of Fine Arts, Boston, The Brooklyn Museum, The Metropolitan Museum of Art, the Museum of Fine Arts, Houston, the San Antonio Museum of Art, the Denver Art Museum, the Harvard Art Museums, the Herbert F. Johnson Museum of Art, Cornell, the Indianapolis Art Museum, the Cincinnati Art Museum, the Yale University Art Gallery, the Nelson-Atkins Museum of Art, the Philadelphia Museum of Art, the Cleveland Museum of Art, the Rubin Museum of Art, the China Institute Gallery, the Korean Cultural Center, The Korea Society, University of Michigan Museum of Art, the Princeton University Art Museum, and the Chazen Museum of Art.

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