Displaying items by tag: asia week

A monumental Fencai Imperial Qing Dynasty vase auctioned for $24.7 million at Skinner last night, setting a record as the top grossing lot ever sold in New England, and topping all sales of Qing Dynasty vases in the U.S. The Skinner "Asian Works of Art" auction coincides with Asia Week, and this vase has surpassed all other objects sold during the event to date.

An intensely focused and enthusiastic crowd packed the auction room, and most rose to their feet as the vase soared past the $10 million mark. After spirited bidding from multiple bidders present in the room and participating by phone, the hammer fell to a round of applause.

A pair of Chinese porcelain vases fetched $1.2 million; a 7-inch-tall celadon vase sold for $2.3 million and a bronze Buddha statue went for $485,000 -- all blowing past their presale estimates many times over.

So went the buying spree during Asia Week in New York this week as Chinese dealers and collectors packed the salesrooms and snapped up pieces of their cultural heritage. Auctions at Sotheby’s, Christie’s, Bonhams and Doyle New York are expected to tally $95 million.