Alan Cristea Gallery Reports Excellent Sales on the Opening
Day of Art Basel Hong Kong 2013
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Richard Woods, Remnant no. 7 (top floor hallway),
2012, Courtesy Alan Cristea Gallery, London
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Alan Cristea Gallery reported consistently excellent sales to mostly local collectors on the first day of Art Basel HK.
As well as presenting unique works by gallery-represented artists such as Edmund De Waal, Vicken Parons and Marie Harnett - whose Series 26 sold for $175,000 HKD to the first collector at the booth – the gallery also presented prints and editions by a mix of younger artists and blue chip artists.
Director David Cleaton-Roberts remarked on the increased interest and trust that local collectors were placing in print works. He observed that collectors were now buying to taste rather than for well recognised names.
David praised the Hong Kong collectors for having a keen interest in learning about younger artists and remarked on the number of younger collectors at the fair, as well as established collectors who seem to be now branching out into new areas.
Alan Cristea Gallery’s universal policy for transparency - displaying prices for both prints and unique works at fairs and within their two London gallery spaces - seemed to generate a confidence and trust in the gallery from the Hong Kong collectors.
This trend was reflected by equally excellent sales for Pace Prints and leading Spanish print gallery Poligrafa, both of whom displayed prices and reported that prints sold particularly well and mostly to Hong Kong Collectors, in comparison with previous years.
Poligrafa remarked that in previous years there has sometimes been a hesitancy towards collecting works on paper from collectors living in hotter Asian countries such as Singapore, where the humidity and air conditioning were seen as threat to maintaining works, although improved framing technology combined with a speedy education amongst collectors have been reflected by a fast developing market.
The sales also reflected the growing strength of the middle market in this region.
Please see below for key sales from Alan Cristea Gallery, Pace Prints and Poligrafa as off 6pm on the first day Wednesday 22 May.
Alan Cristea Gallery
Marie Harnett
Series 26
$175,000HKD
Unique
(sold to first collector at the booth)
Richard Woods
Remnant Series, 2012
(set of 6)
$70,500HKD
Polly Apfelbaum
Dogwood Potpourri, 2012
$54,000 HKD
Polly Apfelbaum
Love Potpourri, 2012
$54,000 HKD
Joseph Albers
I-S j,1976
$130,000HKD
Julian Opie
Julian, 2013
(First self portrait in print)
5 sold
Price undisclosed
Ian Davenport
Azure Blue, 2011
Etching
$33,000HKD
Gordon Cheung
Tulipmania (Inversion) 6, 2013
$35,000 HKD
Pablo Picasso
La Vie En Rose,1968
Etching (Edition of 50)
$110,000HKD
Joan Miro
Gaudi XI,1979
Etching (Edition of 50)
$133,000 HKD
Pace Prints
Yoshimoto Nara
Backwards and Forwards, 2012
$59,000 HKD
Sold 1
Yoshimoto Nara
My little treasure, 2010
$59,000 HKD
Sold 2
Yoshimoto Nara
SOS, 2010
$59,000 HKD
Sold 1
Yoshimoto Nara
Don't Wanna cry, 2010
$59,000 HKD
Sold 1
Erik Parker
Unique work
$47,000 HKD
Shephard Fairey
Imperial Glory, 2012
Silkscreen
Sold 3
$27,200 HKD
Shephard Fairey
Imperial Glory, 2012
Work on paper
$25,000 USD
Shephard Fairey
Power, 2012
Silkscreen
Sold 2
$27,200 HKD
Wangechi Mutu
Second Born, 2013
Sold 2
$120,000HKD
Sea Hyun Lee
Between Red 149, 2013
Edition of 28
Sold 2
$27,200HKD
Poligrafa
Zao Wou-Ki
Technique, 2007
Etching
Edition of 99
Sold 6
2,200 Euro
Joan Miro
Ma de Proverbis, 1970
Edition 25
Sold 1
Price undisclosed
A selection of images of works on the Alan Cristea Gallery stand can be downloaded via the following link http://we.tl/ywodKjnvfY. The caption and credit information for each work should read as above.
Gallery directors are available at the fair for interviews upon request. For interviews, please contact Toby Kidd from Pelham Communications, who is present at the fair.
toby@pelhamcommunications.com, +44 789 430 7205
For images and further information please contact Amy Sutcliffe or Victoria Wedderburn at Pelham Communications.
Thank you for your time.
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