Chinese buyers spend $116m at art auction in NY
Updated: 2015-05-12 10:35
By Lin Qi(chinadaily.com.cn)
|
|||||||||||
Three deep-pocketed Chinese buyers spent a total of $116.67 million at an auction of Western art on May 5 in New York. They acquired three of the top five lots that were auctioned off at Sotheby’s evening sale of Impressionism and Modern Art. The regularly held sale is where the auction house earns most revenue and records are broken. The latest sale grossed more than $368 million. Nearly one third of it was contributed by Chinese mainland buyers.
[Photo provided to chinadaily.com.cn] |
1. Vincent van Gogh's L'allee des Alyscamps (the alley of Alyscamps) was sold for $66.33, taking the top spot. A Chinese mainland buyer won a hotly contested bidding race with another four competitors, including "an important American museum", said Sotheby’s, which refused to reveal the identity of the buyer.
Related Stories
Movie mogul buys Picasso at NY auction for nearly $30m 2015-05-09 02:04
Movie mogul says Van Gogh still life was cheap at $62m 2014-12-07 20:32
Christie's brings works of 'old masters' to China 2015-04-21 08:32
Preview of Christie's Shanghai 2014 autumn auction 2014-10-16 07:00
Ming art sets Christie's high 2015-03-19 11:36
Today's Top News
China, Belarus to boost relations at local level
Greece willing to discuss to join BRICS Development Bank
French president calls for end to US embargo on Cuba
Xi, Lukashenko pledge to boost relations
More rate cuts on the way, say analysts
China against military alliance with other countries: Expert
Peking Opera actress to perform
at Beijing Arts Festival
UK's Cameron on track to return to power as PM - exit poll
Hot Topics
Lunar probe , China growth forecasts, Emission rules get tougher, China seen through 'colored lens', International board,
Editor's Picks
What do we know about AIIB |
Full coverage of Boao Forum for Asia |
Annual legislative and political advisory sessions |
Festival Special: Apps that make holiday shopping easier |
Listed firms caught in anti-corruption net |
Conca set to return to China |