Asian Art Auction | October 19, 2023

The Asian market continues to be a very significant sector of the auction business and this was evident during the fall Asian Auction at Brunk Auctions on October 19, 2023. With an overall prices realized record of $1,397,246.25 , this is the highest record for a stand-alone Asian Auction at Brunk Auctions. Entrusted by the Virginia Museum of Fine Arts to bring a wonderful collection of Huanghuali furniture to the auction block, the grouping realized a total of $505,000. The family of Max Loehr, Abby Aldrich Rockefeller Chair at Harvard University, consigned items from his personal collection, which sold in excess of $50,000. These sales results solidify that bringing Asian objects to the market with iron-clad provenance increases the buyer’s confidence which increases hammer prices.

Huanghuali furniture did exceptionally well overall, with a pair of Ming dynasty low tables (Lot 26) selling for $289,050, a Paktong mounted huanghuali two door cabinet (Lot 17) selling for $147,600, a Chinese bronze censor (Lot 215) made for the Islamic market achieved a price of $282,900, a Kesi slit Chinese tapestry (Lot 69) reached $27,060, a pair of Chinese Qing dynasty hat vases (Lot 1) reached $10,455, Chinese jade continues to do well, an openwork censor (Lot 108) from a Parisian estate reached $8,610, a very rare Tang dynasty blue and white glazed horse (Lot 11), with a CT Loo provenance, sold for $14,760.