Forever / Christie's Inaugural Sale in Beijing

Wednesday, 26 October 2005 11:25

BEIJING.-Forever, the newly-established Beijing-based auction house, in conjunction with Christie’s, has announced an inaugural sale of Fine Modern and Contemporary Chinese Paintings. The auction will take place at The Great Wall Sheraton Hotel in Beijing and will offer over 450 works of art. A strong selection of paintings will be offered in the sale including White Poplar Woods (estimate: RMB6,000,000-7,000,000 / US$770,000-900,000) and The Hometown of Shakespeare (estimate: RMB3,000,000-4,000,000 / US$380,000-510,000) both by Wu Guanzhong (born 1919). Additional works include Horse Riding by Huang Zhou (1925-1997) (estimate: RMB3,000-,000-4,000,000 / US$385,000-510,000) and Four Beauties by Lin Fengmian (1900-1991) (estimate: RMB2,800,000- 3,500,000 / US$361,300-451,600). Other artists whose work will be presented include Zhang Daqian (1899-1983), Wu Changshuo (1844-1927), Fu Baoshi (1904-1965) and Qi Baishi (1863-1957). The sale is estimated to realize in excess of US$10 million. “Christie’s, supporting this vision and recognizing the great potential of the market in China, has agreed to lend its name to this exciting auction event. We are delighted to enable Forever to operate within an international marketplace and to help ensure they operate in China with the highest level of auction practice. We have entered into this agreement confident that Forever will apply the same professional care throughout its activities as Christie’s,” said Edward Dolman, Chief Executive Officer, Christie’s International. Forever is a newly incorporated auction house based in Beijing. Ms. An Li Ping recognizes the strength and size of the Chinese art auction market and aim to make Forever one of the leading fine art auction houses in China.

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