A collection that originated with a prominent Guangzhou family blew estimates out of the water, including a $393,600 sale on a high estimate of $5000.
While Sino-Australian politics continue to generate controversial media headlines, Chinese art collectors are buying back their cultural patrimony from Australian shores. And they’re spending big while doing so.
Landscape, a handscroll created in 1593 by Zhu Yiya, carried a pre-sale upper estimate of $8000 but sold for $98,400 including buyer’s premium. Chief among the objects offered at the sale were 38 lots from the Wong Family Collection, owned by a Sydney-based vendor of Chinese descent. All the above-mentioned works were from that collection.
The paintings in the Wong collection had mainly been amassed by Singapore-born businessman Wong Siew Chan , whose family was from Canton.
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