Tag Archive for: Series

Sotheby’s Hong Kong Presents the Most Significant Chinese Works of Art Sale Series to Take Place in the Last Decade

Hong Kong
Convergence of the Finest Private Collections from the World’s Greatest Chinese Art Collectors
Dr Wou Kiuan, Mr Joseph Lau & Sir Joseph Hotung, and more

(Left to Right)

The Private Collection of Joseph Lau
A Fine Blue and White ‘Lotus Scroll’ Vase, Meiping, Ming Dynasty, Yongle Period
Est: HK$ 25 – 35 million / US$ 3.2 – 4.5 million

The Dr Wou Kiuan Collection
A Magnificent Ruby-Ground Yangcai ‘Trigrams’ Reticulated Vase,
Seal Mark and Period of Qianlong
Est: HK$ 60 – 120 million / US$ 7.6 – 15.3 million

The Personal Collection of the late Sir Joseph Hotung
A Unique and Highly Important Moulded Blue and White Barbed ‘Fish’ Charger, Yuan Dynasty
Est: HK$ 30 – 50 million / US$ 3.8 – 6.4 million

Auction: 8 – 9 October 2022

This October, Sotheby’s Hong Kong presents the most significant Chinese Works of Art sale series with the convergence of the finest private collections from the world’s greatest Chinese art collectors including Dr Wou Kiuan, Mr Joseph Lau and Sir Joseph Hotung. The star lot of this season is a Magnificent Ruby-Ground yangcai ‘Trigrams’ Reticulated Vase from the Qianlong period (Est: HK$ 60 – 120 million / US$ 7.6 – 15.3 million) from the Dr Wou Kiuan Collection Part II, a carefully curated sale presenting six masterpieces from the 18th century. The collection of Joseph Lau, comprising 11 imperial gems, occupies pride of place among the very finest ever assembled in the field. At the heart of Sir Joseph Hotung’s personal collection is an array of masterpieces which charts many of the peaks in China’s long history, from the Neolithic Period to the Qing dynasty. Adding to this season’s strong line-up of renowned private collections are a selection of Ming and Qing jades from the collection of Victor Shaw and a group of archaic artworks from an important Japanese collection.

This Autumn sale series marks a once-in-a lifetime opportunity for collectors and enthusiasts of Chinese art. Very rarely will you see such a superlative line-up from the world’s most celebrated Chinese art collections. We will be offering fresh to market masterpieces in almost each and every field of Chinese art and this is possibly the most anticipated sale series Sotheby’s has ever hosted.

NICOLAS CHOW, CHAIRMAN, ASIA AND CHAIRMAN, CHINESE WORKS OF ART

These illustrious private collections not only showcase the impeccable taste, vision and passion of this century’s most influential Chinese art collectors, but also offer a window to the extraordinary depth and breadth of Chinese art forms.

XIBO WANG, HEAD OF DEPARTMENT OF CHINESE CERAMICS AND WORKS OF ART

A Journey Through China’s History: The Dr Wou Kiuan Collection Part II

Following on from the success of Part I in New York in March and the record-breaking first Hong Kong chapter in April, the carefully curated sale presents six masterpieces from the 18th century showcasing the unparalleled technical mastery in the imperial kilns in Jingdezhen, including a group of enamelled porcelains formerly from the Fonthill heirlooms which have not surfaced the market in around half a century. Highlights include a Qianlong magnificent and possibly unique ruby-ground yangcai ‘trigrams’ reticulated vase, corroborated by the court archives to have been made either in 1743 or immediately thereafter. The vase is a tangible testament to the unprecedented and unparalleled culmination of technical virtuosity in porcelain production between 1741 and 1743, fuelled by an imperial reprimand from the Qianlong Emperor. (Catalogue essay available upon request)

A MAGNIFICENT RUBY-GROUND YANGCAI ‘TRIGRAMS’ RETICULATED VASE,
SEAL MARK AND PERIOD OF QIANLONG
H. 31 CM
EST: HK$ 60,000,000 – 120,000,000 / US$ 7,644,000 – 15,287,000

Another highlight also endowed with the Fonthill provenance is a magnificent pair of yangcai ‘butterfly’ vases superbly enamelled on a bright pink ground in a manner imbued with Western influences and fired to perfection.

A MAGNIFICENT PAIR OF YANGCAI ‘BUTTERFLY’ VASES,
SEAL MARKS AND PERIOD OF QIANLONG
H. 47 CM
EST: HK$ 40,000,000 – 60,000,000 / US$ 5,096,000 – 7,644,000

Gems of Imperial Porcelain from the Private Collection of Joseph Lau Part II

The name Joseph Lau resonates with collectors around the globe and it is one that stands for excellence. Chinese art stands at the genesis of Joseph Lau’s adventure with art and it is on Chinese art that he cut his exacting eye before expanding his horizons. Lau assembled one of the finest collections of Chinese porcelain ever, articulated around masterpieces, each representative of the best of a certain period and type, and handpicked from the most prestigious collections.

This season’s offerings include a very fine blue and white porcelain dating from the Yongle period in the early 15th century, the pinnacle of underglaze-blue decorated wares and a period much celebrated for imperial patronage in the arts.

A FINE BLUE AND WHITE ‘LOTUS SCROLL’ VASE, MEIPING,
MING DYNASTY, YONGLE PERIOD
31.4 CM
EST: HK$ 25,000,000 – 35,000,000 / US$ 3,185,000 – 4,459,000

This meiping decorated with a lotus scroll is remarkably elegant in its potting and represents the epitome of that classic shape. Similar examples are known in the palace museums in Beijing and Taipei as well as in the Middle Eastern Royal collections of the Ottoman sultans which attest to their universal appeal and high status.

A FINE AND OUTSTANDING DOUCAI AND FAMILLE-ROSE ‘SANDUO’ MOONFLASK,
SEAL MARK AND PERIOD OF QIANLONG
31.3 CM
EST: HK$ 20,000,000 – 30,000,000 / US$ 2,548,000 – 3,822,000

This magnificent circular flask brilliantly enamelled with fruit represents a particularly ambitious and unusual combination of the doucai and fencai schemes, which brings out the ripe fruit. The present example is superior in all aspects, from the quality of the painting, richness of the cobalt, clarity of the glaze to its pristine condition.

Hotung: The Personal Collection of the late Sir Joseph Hotung

The late Sir Joseph Hotung (1930-2021) was respected and revered in the art world for his jade collection and for his philanthropy. What is much less known is his discriminating eye for the quality and design, and the personal collection formed at his house in London as a backdrop to his life – seen only by a privileged few. The series of dedicated sales begin in Hong Kong with a focus on the Chinese masterpieces in his collection and are divided into Evening and Day sales. The works on offer, ranging from Neolithic jades and bronzes from Shang – Han dynasties to Ming dynasty furniture and modern Chinese paintings, each represent the most sought-after of their period and type. Highlights include a unique and highly important moulded blue and white barbed ‘fish’ charger from the Yuan dynasty and an important and outstanding bronze male chimera, bixie, from the Han dynasty, the latter endowed with a prestigious provenance and illustration history tracing back to as early as the 1920s in Paris.

A UNIQUE AND HIGHLY IMPORTANT MOULDED BLUE AND WHITE BARBED ‘FISH’ CHARGER,
YUAN DYNASTY
47.8 CM
EST: HK$ 30,000,000 – 50,000,000 / US$ 3,822,000 – 6,370,000

This dish is unique and was done with an attention to detail that is exceptional even among this rare group of relief-moulded dishes of the Yuan dynasty. Not only is its relief decoration extraordinarily crisp and detailed, but the popular fish design is here also rendered in a highly individual manner that knows few close comparisons. It is a masterpiece that combines the best and rarest Yuan blue-and-white styles.

AN IMPORTANT AND OUTSTANDING BRONZE MALE CHIMERA, BIXIE,
HAN DYNASTY
L. 27 CM, H. 18 CM
EST: HK$ 6,000,000 – 8,000,000 / US$ 764,500 – 1,019,000

This Han dynasty bronze chimera, powerfully rendered with vitality and strength, is a tour de force of Chinese bronzes at their peak. In addition to the prestigious Stoclet provenance, the sculpture’s publication and exhibition history can be traced back to as early as the first half of the 20th century, setting it apart from other archaic bronzes in private hands and even the most important museum examples.

Important Chinese Art including Jades from the Victor Shaw Collection

The Important Chinese Art auction presents a tightly curated sale including masterworks spanning five millennia, from the Neolithic period through to the Qing dynasty. Highlights include an extremely rare Qianlong period chenxiang mirror ‘raree’ cabinet and a Shang dynasty marble frog.

The ‘raree’ box, possibly commissioned in the 17th year (1752), is set with a mirror flanked by two circular holes through which the Qianlong Emperor would have peeped through to view painted pictures, one of which being his most poignant and enigmatically titled double-portrait, ‘One or Two?’ The powerfully carved box cabinet not only showcases the influence of Western mechanism in 18th century court in China, but is possibly the only example known to be employed by the Qianlong Emperor to ponder on the nuances between the literal reflection of the self and self-identity.

AN IMPORTANT AND SUPERBLY CARVED IMPERIAL CHENXIANGMU MIRROR ‘RAREE’ CABINET,
QING DYNASTY, QIANLONG PERIOD,
POSSIBLY COMMISSIONED IN THE 17TH YEAR (1752)
75.5 BY 16 BY H. 66 CM
EST: HK$ 5,000,000 – 8,000,000 / US$ 637,000 – 1,019,000

The Shang dynasty marble frog belongs to a very rare group of marble carvings marking the dawn of Chinese sculpture. Ever so skilfully and minimalistically carved, the sculpture has truly stood the test of time in its timeless aesthetic. Also from the same important Japanese collection as the marble frog is a group of archaic artworks, including a splendidly decorated gold and silver inlaid sword-hilt, also not seen on the market for over 30 years.

AN OUTSTANDING CARVED MARBLE RECUMBENT FROG,
SHANG DYNASTY
25.3 BY 15.4 BY H. 12.5 CM
EST: HK$ 3,000,000 – 4,000,000 / US$ 382,000 – 509,600
AN EXCEPTIONAL AND RARE GOLD AND SILVER-INLAID BRONZE SWORD HILT,
LATE EASTERN ZHOU – EARLY WESTERN HAN DYNASTY
17.5 CM
EST: HK$ 1,500,000 – 2,000,000 / US$ 191,000 – 255,000

The sale also includes a carefully selected group of Ming – Qing jades from the collection of Victor Shaw (1935-2020), who was renowned not only for his discerning eye but also his philanthropic pursuits.

A RARE WHITE JADE ‘GARDEN AND LADY’ OPENWORK BOULDER,
QING DYNASTY, QIANLONG PERIOD
H. 10.8 CM
EST: HK$ 700,000 – 900,000 / US$ 89,000 – 115,000
A WHITE JADE ARCHAISTIC ‘DUCK AND LOTUS’ GROUP,
QING DYNASTY, 18TH CENTURY
13.8 CM
EST: HK$ 500,000 – 600,000 / US$ 63,700 – 76,500FOTOGRAPHY & TEXT “Courtesy Sotheby’s”.

 

racebird-electric-powerboat

E1 Series and PIF announce partnership to create world’s first electric powerboat championship

Electric Sea Racing Limited (‘E1 Series’) and Public Investment Fund (PIF) have entered into a partnership that will see PIF support in creating the world’s first electric powerboat racing championship.

The news was revealed today during a virtual launch event, where E1 Series organisers also unveiled the new design of the electric RaceBird powerboat ahead of World Oceans Day on June 8.

The partnership represents a significant step forward in the long-term development of the championship, providing a strong foundation on which to build from and enabling the series to further accelerate preparations for the inaugural season, scheduled to take place in early 2023 – with Saudi Arabia to be one of the considered race locations.

As a major contributor to the global economy and partner of choice for innovative companies and investors, PIF’s investment in E1 is in line with its 2021-2025 strategy announced earlier this year, which focuses on 13 key strategic sectors, including sports and entertainment, and renewable energy. This includes major investments in renewable energy companies, such as ACWA Power and the Sudair Solar Energy project, as well as in the development of electric vehicles through its investment in Lucid Motors.

Series creators Alejandro Agag, Chairman of E1, and Rodi Basso, CEO of E1, were both joined live in the studio by the President of the Union Internationale Motonautique (UIM) Raffaele Chiulli, as well as SeaBird Technologies Founder Sophi Horne, and Founder & CEO of Victory Marine Brunello Acampora to present the RaceBird powerboat.

The vessel is a completely new design and was co-created by Horne and Acampora following an extensive validation process. The RaceBird is inspired by nature and birds flying low over the water and features an outboard motor, enclosed safety canopy and hydrofoil technology.

Using innovative hydrofoil technology, the electric RaceBird powerboats will rise high above the water’s surface, allowing for minimum drag and maximum energy efficiency. Being lifted above the waves will not only improve performance, but it will also promote close and competitive racing with a reduced wake when following an opponent.

The RaceBird is specially designed for foil-to-foil racing and is capable of reaching speeds up to 50 knots (93 km/h or 58 mph), with pilots showcasing their skills using tight and technical circuits located close to shore in the heart of urban areas.

With the design now validated, the RaceBird has entered into the production phase with the expert engineers at Victory Marine concentrating their efforts and resource over the coming months on manufacturing a full fleet of race-ready electric powerboats.

Alejandro Agag, Co-Founder & Chairman of E1, said: “It gives me great pleasure to welcome on board PIF as a new partner in this exciting venture. To get the backing of PIF at this early stage of development emphasises the importance of our mission to electrify marine mobility. With the new design of the RaceBird boat you see today, we hope to accelerate change in the marine industry and provide sustainable solutions for future leisure craft. The new powerboat that Sophi and Brunello designed looks like a spaceship. I’ve compared electric racing cars to podracers from Star Wars in the past, but the RaceBird looks even more futuristic. Working together with PIF, I look forward to ushering in a new era of electric powerboat racing.”

Rodi Basso, Co-Founder & CEO of E1, said: “We’re thrilled to be working together with PIF to jointly shape the future direction of powerboating. Forming a strong partnership with a global investment powerhouse such as PIF provides a solid foundation on which to build a new sport. The RaceBird presents a unique challenge and one that the teams at SeaBird Technologies and Victory Marine have delivered on. They’ve managed to develop an innovative powerboat with an eye-catching design and factored in practical solutions ready to go racing. Shortly we’ll also be announcing our powertrain and electronics partners; we’re on schedule to hit the water soon.”

Commenting on the announcement, HE Yasir Al-Rumayyan, Governor of the Public Investment Fund, said: “This exciting investment in a new premier sport format aligns with our strategy to enable innovation globally and unlock new industries, as well as build strategic partnerships with real value add to Saudi Arabia. We believe our support for future sports will also contribute to the growth of various sectors globally.

“Our partnership with E1 will help drive the development of innovative sustainable technology, which in turn positions Saudi as an enabler in the industries of the future and the creation of new opportunities.”

Sophi Horne, Founder of SeaBird Technologies, said: “It’s amazing to finally be able to share the new RaceBird design with the world. Obviously, I’ve seen it on a screen quite a lot in the past few months! But it’s great to show the new look of the boat that the pilots will race with. The bodywork and shape of the vessel is inspired by nature and birds flying above the water’s surface. What has been interesting is trying to find a balance between how you envisage the design and combining that with optimising both performance and efficiency. The solution we settled on fortunately doesn’t compromise on either the looks or performance capabilities.”

Brunello Acampora, Founder & CEO of Victory Marine, said: “Today’s announcement is the result of many months of hard work, creating a completely new design and simulating it in a competitive racing environment. I’ve really enjoyed working together with Sophi to produce the vessel that will compete in the world’s first electric powerboat championship. Now that the design has been fully validated, we’ll begin engineering and manufacturing the boats in preparation for prototype testing and ready for the teams to receive their first delivery. For us at Victory Marine, the E1 Series is the greatest test bench for cutting-edge solutions that will change the future of navigation forever.”

Dr. Raffaele Chiulli, President of the UIM, said: “At the International Powerboat Federation, we’re delighted to be part of this groundbreaking development in the powerboating sport. The futuristic RaceBird design combined with the use of hydrofoil technology in the E1 Series reflects the pioneering spirit of this initiative and are an inspiring answer to today’s challenges facing marine mobility. It’s an exciting moment for our sport and I cannot wait to see the RaceBird on the water.”

Released ahead of World Oceans Day, the RaceBird acts as a symbol of the future ambitions of the E1 Series, to revolutionise marine mobility and reduce the pressures being placed on fragile underwater ecosystems across the world.

The next major milestone in the RaceBird development is in September when the covers come off the first full-scale model at the Monaco Yacht Show, before the start of prototype testing which is set to get underway later this year.

E1 were advised by Shoosmiths law firm and financial advisers PJT Partners.