Art News

International bidders drive Asian works of art auction past pre-sale estimate

CHICAGO, IL.- Leslie Hindman Auctioneers’ October 4-5 Asian Works of Art auction continued to see strong results, driven by prices realized for traditional Chinese works bought by Mainland Chinese buyers. The two day sale drew a crowd to the Chicago auction room adding to the often overflowing bank of telephone bidders. The sale realized over $3.08 million against a low estimate of approximately $1.02 million. “We are thrilled to be experiencing continued success in our Asian Works of Art sales. Our Asian sales prove just how global the auction market has become, as international bidders enthusiastically competed on the internet, telephone and in the room to secure the top lots,” said Leslie Hindman, CEO and President. The highlights of sale included a damaged 17th/18th century carved rhinoceros horn cup (lot 59) which sold for $292,000, a stained ivory and hardwood screen which brought $244,000 (lot 72