Robust Sales, Attendance at Japanese Art Exhibitions During Asia Week New York 2011


NEW YORK, NY.- In a week that saw record prices in nearly every field of Asian art, sales of Japanese art were robust and attendance at the numerous gallery exhibitions held by local and out-of-state and foreign dealers was up significantly over Asia Week 2010, according to an informal survey conducted by the Japanese Art Dealers Association (JADA) and information gathered from published reports. Overall, JADA estimates sales totals of over $20 million, including $8.5 million in the Christie’s New York auction of Japanese art in its March 23 sale of Japanese and Korean art, over $4 million in sales at JADA 2011: An Exhibition by the Japanese Art Dealers Association, an exhibition held from March 19 to March 23, and the $1.4 million Bonhams Japanese Works of Art auction on March 22. The market for Japanese art, which experienced an extended lull after the bu