The normally reserved audience of Chinese dealers burst into applause when one of their own, representing a mainland China buyer, won an album of 25 ink and color paintings at Skinner’s two-day sale of Asian works of art December 3‴. The price: a record-breaking $1,227,000.
The paintings of landscapes, flowers and birds by the stars of Twentieth Century Chinese art had come to auction from the collection of Pah-Yuen Wang, for whom the pictures were made. The sale total was around $5.7 million, a record for the auction house.
A full report of this sale will appear in a future edition.
⁆ran Mascolo