Southeast Asian Art Shines at Christie's Hong Kong
Source:Artintern.net Date: 2010-12-03 Size:
Indonesian artist I Nyoman Masriadi and Filipino Ronald Ventura confirmed their positions as the stars of the Southeast Asian contemporary art market at a lively Christie’s Southeast Asian Modern and Contemporary Art sale in Hong Kong on November 29.

 

HONG KONG— Indonesian artist I Nyoman Masriadi and Filipino Ronald Ventura confirmed their positions as the stars of the Southeast Asian contemporary art market at a lively Christie’s Southeast Asian Modern and Contemporary Art sale in Hong Kong on November 29. Ventura’s surreal oil painting "Apocalyptic Channel" (2010) trebled its high estimate, selling for HK$900,000 ($116,000), while two works by Masriadi — the mixed media "Harley Girl" (2000), and the satirical road scene "Trombone" (2010) — each sold for double their pre-sale estimates, for HK$1 million ($129,000) and HK$2.2 million ($283,000), respectively. The sale raked in a total of HK$56,738,250 ($7,307,887).

Spirited bidding battles on the salesroom floor and over the phone and internet were waged over works by Indonesia’s Andy Dewantoro, Eko Nugroho, Yuli Prayitno, Wedhar Riyadi, Nano Warsono and Erica Hestu Wahyuni, as well as for the Philippines’ Gabriel Barredo. Wahyuni achieved a new record in sparkling style when her "Great African Safari" (2010) more than doubled its high estimate to sell for HK$250,000 ($32,000).

The undoubted highlight of the evening came in the modern art section, when the sale of Walter Spies's "Balinese Legend" (1929) set a new artist record of HK$16.9 million ($2 million). This almost doubled Spies’s previous best of HK$9.38 million ($1.2 million) which was set by the sale of "Javanese Returning Home" in 2008. "Balinese Legend," which the artist described to a friend as "very fantastical," was one of the artist’s personal favorites. Although Spies was a Russian-born German and only arrived in Indonesia at the age of 28, his work’s naïve spirit and exuberance appears to connect directly with the contemporary Indonesian art that sold so well alongside it.

[Editor] Elemy Liu

    Artintern