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Thursday, November 15, 2018

Asia Week New York Sees Record-Breaking Sales

'Baz Bahadur and Rupmati Out Hunting Lucknow,' India, circa 1760. 'Baz Bahadur and Rupmati Out Hunting Lucknow,' India, circa 1760. Art Passages/Asia Week New York
The 2015 edition of Asia Week New York ended its nine-day Asian art extravaganza with record-shattering sales totaling $360M, almost doubling last year’s number with an 80% increase of $160M.   Said Carol Conover, chairman of Asia Week New York: “By all accounts, we have succeeded in making New York the destination for buying Asian art, not only for many of the great museums in the United States and abroad, but also for the leading international private collectors. Galleries saw steady and heavy traffic throughout the week, and sales for the four major auction houses reached new highs, making it a great success in terms of revenue in all areas across the board. With the influx of new buyers from China who came here for the sale of The Robert Hatfield Ellsworth Collection at Christies, the exuberance and excitement of the week was palpable.”

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