Zhang Daqian Painting Leads Waterford’s Auction At $778,250

BERLIN, N.J. — Waterford’s Art & Antiques Auctioneers’ May 31 auction of European, American, and Chinese art saw several choice lots perform well above their high estimate, as the auction overall brought in more than $1,665,000.

The top lot of the auction was Zhang Daqian’s “Goddess with Flowers” that attained $778,250. Bidding started at $60,000 and was very fast-paced with multiple floor, telephone and Internet bidders, until about the $150,000 range when everyone dropped out save one telephone and one online bidder. Ultimately, the painting sold at a $670,000 hammer price ($778,250 with buyer’s premium) to the phone bidder.

Other art standouts included Huang Zhou’s painting for a large hall, depicting a pair of figures with a group of donkeys, measuring 69¾ inches tall, fetched $674,750 and Zhang Daqian’s peony painting with inscription and two seals, 43¼ inches tall, which came out of a private collection in Pennsylvania, at $83,700.

A Chinese cloisonné censer, likely Qing dynasty, mounted with handles in the form of a sinuous dragon with back turned head and bifurcated tail, sold for $30,000.

Several noteworthy pieces selling for well over their high estimates included Daqian’s calligraphy couplet at $20,400, Li Keran’s “Boy with Water Buffalo” at $19,200, an Eighteenth Century Chinese white jade snuff bottle for $28,800 and a Chinese bronze mirror, Han dynasty, at $9,000.

Rounding out the auction was an Eighteenth–Nineteenth Century Tibetan gilt-copper ceremonial helmet that took $13,200 and a Fifteenth Century Italian horn ciborium in the manner of the Embriachi workshop for $5,700.

All prices reported include the buyer’s premium. For information, 888-336-5013 or www.waterfordsauction.com.

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