Heritage Auctions’ debut in Asia Week New York tops $2.2M

Wu Changshuo (Chinese, 1844-1927), ‘Peony, Bottle Gourds, and Loquats, Dingzi,’ 1917, four works, ink and color on paper, sold for $399,000. Heritage Auctions image

DALLAS – Multiple bidders drove the price for Wu Changshuo’s Peony, Bottle Gourds, and Loquats, Dingzi, 1917, to $399,000 to claim top-lot honors in Heritage Auctions’ Asian Art Auction in New York. The final total for the sale, Heritage’s first as a participant in Asia Week New York, climbed to $2.24 million.

The four ink-and-color-on-paper works that made up the top lot enjoy strong provenance that began with a gift by the artist in 1917. The lot is one of 23 lots in the sale from the Chenn Family Collection of fine Chinese paintings and calligraphy that brought a total of $587,275.

“It is an honor to be counted among so many prestigious collectors and sellers who convene each in New York each March,” Heritage Auctions Asian Art Director Richard Cervantes said. “In this week, when both attendance and prices for fine Chinese and Asian works of art were up, I am proud to see Heritage Auctions’ Asian Art Department claim an important role among our esteemed auction peers.

A Chinese lacquered and gilt bronze figure of a seated Luohan enjoyed a massive surge of interest before closing at $87,500, well above the estimate. The 13¾-inch figurine is a Luohan, which refers to the Buddha’s immediate disciples, a group comprised of monks who have reached an advanced state of spiritual learning and have sworn to protect the Buddhist faith and its teachings until the coming of Maitreya, the Buddha of the Future.

Chinese lacquered and gilt bronze figure of a seated Luohan,13¾in. high. Price realized: $87,500. Heritage Auctions image

Also sparking a frenzy of competitive bids among multiple collectors was a Chinese enameled porcelain plaque, 20th century, painted by a member of the famed “Eight Friends of Zhushan” group and which topped its estimate when it brought $81,250. The porcelain plaque shows birds and lotus, with signature and red seal reading “Cheng Yiting” to the right.

Chinese enameled porcelain plaque, 20th century, 14½in. x 9 3/8in. Price realized: $81,250. Heritage Auctions image

From the Ding Zhongying Family Collection, Zhang Daqian’s The Three Friends of Winter of sold for $71,875. In ink and color on paper, it measures 53 inches high by 17¾ inches wide and is signed with four seals of the artist.