Asia Week New York at Bonhams New U.S. Flagship Headquarters Achieves $12.5 Million

New York – Bonhams March Asia Week New York at its newly unveiled U.S. headquarters at 111 West 57th Street, concluded with strong results across six live sales, demonstrating robust demand for exceptional works from across Asia, achieving a total of US$12.5 million. Leading the marquee sale week were two standout masterworks: a Pair of Rare and Magnificent Carved Imperial Zitan Corner‑Leg Tables and a fine and full early impression of Katsushika Hokusai's (1760–1849) iconic Kanagawa-oki nami-ura (Under the Wave off Kanagawa), each sold for US$889,500. The week also saw outstanding results for Part III of Francine and Bernard Wald's collection of fine snuff bottles, with 99% lots sold. "We are pleased with the results achieved during our first Asia Week New York at our new U.S. HQ," commented Dessa Goddard, Senior VP and US Head of Asian Art. "From magnificent imperial Zitan furniture to an early impression of Hokusai's Great Wave, and yet another standout performance of the Wald Collection of snuff bottles, this week showcased an exceptional array of museum‑quality Asian art that resonated with collectors around the globe and attracted spirited bidding. Looking toward our fall sales in September, we are excited to build on this momentum." Asaph Hyman, Global Head of Chinese Ceramics & Works of Art added: "Bonhams offers unparalleled exhibition space at the historic Steinway Building uniquely juxtaposing New York's Art Deco age with the here and now. It was a privilege to showcase the superb works of art drawing on Chinese, Japanese, Indian and Himalayan cultures, and we are most grateful to all our collectors, buyers and sellers alike. I would like to thank in particular the Global Chinese Art and Himalayan Art teams and the efforts spearheaded by the US team, contributing to the success of these sales." Fine Chinese Ceramics and Works of Art March 23 The Fine Chinese Ceramics and Works of Art sale on March 23 opened the marquee sale week at the newly unveiled U.S. flagship, achieving US$4.83 million. Leading the auction were two fine pairs of Zitan corner‑leg tables from the same prestigious New York family collection, which surpassed more than one and a quarter million collectively. The Pair of Rare and Magnificent Carved Imperial Zitan Corner‑Leg Tables, Qianlong/Jiaqing Period, remarkable for their size and craftsmanship, achieved US$889,500, while the Imposing Pair of Finely Carved Zitan Corner‑Leg Tables, Qing Dynasty, 18th/19th Century, distinguished by their refined proportions and intricate detailing, sold for US$445,000. Additional highlights include: • A Gilt-Bronze Figure of Four-Armed Avalokitesvara, Sadaksari, Yongle incised six-character mark and of the period, sold for US$279,900. • An Extremely Rare Gilt-Decorated Yangcai 'Flower Ball' Brushpot, Qianlong iron-red six-character seal mark and of the period, sold for US$279,900. • A Very Rare and Imposing Marble Figure of Maitreya, Sui/early Tang Dynasty, 7th century, from a private California collection sold for US$229,100. The Francine and Bernard Wald Collection of Fine Snuff Bottles, Part III March 23 Following the morning session on March 23, the department also presented The Francine and Bernard Wald Collection of Fine Snuff Bottles, Part III, which continued its great success of Parts I and II, and achieved fine results. The third instalment of the couple's distinguished collection more than doubled its high all‑in estimate, realising US$670,000. With 99% of lots sold, the sale saw exceptional bidding activity, and over 81% of the works surpassed their pre-sale estimates. The leading lot of the sale was a White Jade 'Bixi' Snuff Bottle 1750-1800, which exceeded its high estimate over four-fold when it sold for US$19,200. Additional highlights include: • A Black and Grey Jade Snuff Bottle 1750-1820, sold for US$16,640, more than 11x its low estimate. • A Signed and Inscribed Black-Lacquered-Wood or Jet 'Crane and Prunus Blossom' Snuff Bottle 1775-1823, signed Jushi and with three-character seal mark reading Yi Jin Zhai (詒晉齋) lightly engraved to the base, sold for US$16,640, more than 20x its low estimate. • A Mammoth Tooth Snuff Bottle 1820-1900, sold for US$15,360, more than 15x its low estimate. Chinese Paintings, Calligraphy and Prints March 24 A distinguished group of paintings from the collection of Paul Cheng‑tzu Mao (1922–2012) led the Chinese Paintings, Calligraphy and Prints sale on March 24. Among the top performers were three works by Zhang Daqian (1899–1986), one of the twentieth century's most influential Chinese artists. They included: Red Lotus Dedicated to Mr. And Mrs. Mao Cheng-tzu, 1974; which sold for US$229,100, more than double its estimate; Pink Lotus, 1978, which sold for US$140,200, more than double its estimate; and Landscape with Waterfall dedicated to Mao Cheng-tzu, 1974, which sold for US$127,500. Overall, the sale achieved US$1.54 million. Additional highlights include: • Galloping Horse, dedicated to Yi Kuo-juei, 1946, by Xu Beihong (1895–1983) sold for US$99,650. • Bamboo, Orchid and Rock, 1978, by Zhang Daqian (1899–1986), sold for US$48,640. • Two rare Yanan School prints by Shi Lu (1919–1982), sold for US$40,960. Indian, Himalayan & Southeast Asian Art March 24 Also on March 24, the Indian, Himalayan & Southeast Asian Art sale was led by a Buff Sandstone Stele of a King with an Offering, circa 11th century, which after remaining in a private American collection for more than twenty years, achieved US$483,100. Additionally, a masterfully painted Large Gold-Ground Thangka of Amitabha, attributed to renowned Tibetan painter Trengkawa, 16th century, performed well in the sale, realising US$254,500. Overall, the sale achieved US$2 million. Additional highlights include: • A Large Copper Alloy Jina Shrine, Karnataka, Ganga Period, 9th Century, sold for US$216,400. • A Thangka of Yaksha Wangdzin Tibet, 15th Century, sold for US$127,500, more than 8x its estimate. • Krishna Playing the Flute, signed by Faizullah Mughal, Faizabad, circa 1765, sold for US$89,400, more than double its estimate. Netsuke from the Collection of Joseph and Elena Kurstin, Part II March 25 On March 25, Netsuke from the Collection of Joseph and Elena Kurstin, Part II, the second instalment of the internationally recognised collection of fine Japanese netsuke achieved US$656,000. Leading the sale of 30 miniature sculptural masterpieces was an Important Wood Netsuke of Shoki the Demon Queller by Tametaka (active circa 1750-1780), which sold for US$140,200. Additional highlights include: • A Rare Wood Netsuke of a Baigai (Japanese Babylon Sea Snail), Edo period (1615-1868), 18th century by Masano of Kyoto (active circa 1781), sold for US$117,340, more than double its estimate. • An Important Wood Netsuke of a Man-faced Kirin, attributed to Unjūtō Shumemaru (active second half of the 18th century), sold for US$83,050. Fine Japanese & Korean Art March 25 Closing out the week of live sales was the Fine Japanese & Korean Art sale on March 25, which was headlined by a fine and full early impression of the globally celebrated image Kanagawa-oki nami-ura (Under the Wave off Kanagawa), commonly referred to as The Great Wave, by Katsushika Hokusai (1760–1849), which more than tripled its estimate when it sold for US$889,500. Two works by self-taught South Korean artist Park Soo Keun (1914–1965), both drawn from the Collection of Peter Grey Vosburgh, were also among the star lots in the sale. His 1962 work, Five Women, achieved US$318,00; and Three Women and a Child Resting, 1960, realised US$279,900. Overall, the sale achieved $2.87 million, with 84% lots sold. Additional highlights include: • A four-panel folding screen of pine trees at Miho no Matsubara in front of Mount Fuji by Shibata Zeshin (1807 – 1891), Meiji era (1868-1912), circa 1882, sold for US$112,260, more than 11x its estimate. • A Chaekgeori ('Books and Things') Screen, Joseon Dynasty (1392-1897), 19th century, attributed to Yi Taek-Gyun (active after 1883), sold for US$102,100. • A Large Gilt-Wood Seated Figure of Buddha, Joseon Dynasty (1392-1897), 18th/19th century, sold for US$95,750. NOTES FOR EDITORS Bonhams, founded in 1793, is one of the world's largest and most renowned auctioneers, offering fine art and antiques, motor cars and jewellery. The main salerooms are in London, New York, Los Angeles and Hong Kong, with auctions also held in Knightsbridge, Edinburgh, Paris, San Francisco and Sydney. With a worldwide network of offices and regional representatives in 22 countries, Bonhams offers advice and valuation services in 60 specialist areas. For a full list of forthcoming auctions, plus details of Bonhams specialist departments, please visit bonhams.com.