Qi Baishi painting soars to record $65m at Chinese auction

  • May 23, 2011 12:27

  • Email
Qi Bashi's work sold for a record $65 million at Guardian Auctions in Beijing.

An ink wash painting by Qi Baishi (1864-1957) set an auction record of 425 million yuan (US$65.4 million) for Chinese art at the Guardian Spring Auction in Beijing on Sunday night. The sale totaled 1 billion yuan (US$649 million).

"A Long Life, A Peaceful World," depicting an eagle on a pine branch, was presented by the artist to military and political leader Chiang Kai-shek for his 60th birthday.

Measuring 100 by 266 centimetres (three by 8.5 feet), the 1940s painting, flanked by two calligraphy scrolls, secured the second highest price paid for art in mainland China. More than a year ago, an 11th c. calligraphy scroll by Song Dynasty master Huang Tingjian sold for 436.8m ($64m) yuan at China's Poly Auctions.

The starting bid was 88 million yuan (US$13.54 million) with the price realized after an intense 50 rounds of bidding over 30 minutes.

Qi Bashi was a prolific, largely self-taught 20th c. artist whose work is highly sought-after in China's booming art market.

According to Artprice, China topped the list in global auction sales last year with 33 percent of art sold.

Read more at China


  • Email

Advertisement

More News Feed Headlines

View of the island of Jersey showing Mont Orgueil, built in the 13th century.

Art Dealer Andy Valmorbida Makes 'Extremely Unusual' Admissions In Alleged Fraud Case, Court Reports

  • The Age / October 25th, 2021

Melbourne-born art dealer Andrew (Andy) Valmorbida, scion of an Italian-imports family dynasty in Australia, ...

Read More...
Cover, The Films of Andy Warhol Catalogue Raisonné, 1963–1965

The Whitney Publishes Second Volume of Films of Andy Warhol Catalogue Raisonné, Transfers Archive to MoMA

  • ArtfixDaily / October 25th, 2021

The Whitney Museum of American Art has announced the publication of the second volume of the catalogue raisonné of ...

Read More...
Ai-Da Robot at the Pyramids.

First-Ever Art Exhibition Held at Giza Pyramids Features AI Robot Artist

  • ArtfixDaily / October 25th, 2021

Through November 7, Ai-Da Robot, the world’s first ultra-realistic humanoid robot artist, takes part in a major ...

Read More...
Utagawa Hiroshige, Spring Rain at Tsuchiyama, from the series Fifty-Three Stations of the Tokaido.

Dual Exhibitions in Vermont Consider Hiroshige and Japanese Printmaking Today

  • ArtfixDaily / October 24th, 2021

Southern Vermont Arts Center presents Japanese Woodblock Prints: Then and Now -- two complimentary Mokuhanga ...

Read More...
Rappaport Lecture

ARTFIXdaily Artwire