Asian Art

The Spring 2010 Christie's sale in Hong Kong, of Southeast Asian Modern and Contemporary Art went well. It showed a 33% increase in sales on the previus year. Over 10 records were set for established and emerging artists from both contemporary and modern sets. Italian painter, Romualdo Locatelli's painting 'Young Balinese Girl with Hibiscus' broke all records selling for $773,000. Also a rare painting by Fernando Cueto Amorsolo, sold for $434,000. 13 lots recorded sale prices over expection, indicating an appreciation of modern masterworks from the Asian art market.