The recent stock market downturn, and the better sustainability is the art market, the recent autumn auction is in full swing, I share with you here, auction art related industries have become a new outlet, the growth rate is fierce.
Poly Auctions with Phillips
"Twentieth Century and Contemporary Art and Design"
A total of 231 boutique auctions recorded a total turnover of 670 million
Lead rate up to 95.5%
Gerhart Richter's Candlelight sold for HK$101 million
Set a new world auction record for 15 artists, including Izumi Kato, Kaga-wen, Robbie Lee and Others. Dee · Antonor, Hon Hon-ri, Mayuka Yamamoto, Javier Kaleha, Scott Kahn, Shin Kajō, Hexagon, Adeja Prance, etc
Among them, Kato Izumi and Kamijo Shin broke auction records twice in daytime and night auctions
Two auctions attracted global collectors to bid, Poly Auction APP, WeChat Mini Program online bidding soared nearly 73% compared with the previous quarter's joint auction of the day auction, telephone bidding increased sharply by 122%
The auction was simultaneously broadcast live online and on various social platforms to attract 200,000 viewers

Gerhart Richter Candlelight 1984 Oil Paint Canvas Price: HKD 101,970,000
"Infinity Net (OPRT)" Yayoi Kusama 2004 Acrylic Canvas Sold Price: HKD 22,635,000
Zao Wou-Ki "20.3.64." 1964 Oil Paint Canvas Sold: HKD 22,030,000
Wang Junjie "Distant Look" 2017 Oil Paint Canvas Sold: HKD 21,183,000
Alexander Calder, Two Red Petals in the Sky, 1958, Painted Iron Sheet, Wire, Dynamic Sculpture Sold: HKD 21,183,000
Yoshitomo Nara Pandora's Box 1990 Acrylic Canvas Sold: HKD 13,560,000
Javier Calleja Untitled 2017 Mixed Media, 30 Sold: HKD 12,108,000
Izumi Kato Untitled 2008 Oil On Canvas (Triptych) Sold at HKD 11,745,000
Scott Kahn,Kahn, 2002 Oil On Canvas Sackley Sold: HKD 7,510,000
Robert Nava Shark Angel 2020 Acrylic Canvas Sold: HKD 4,410,000
"Toward the Sun" Shin Kamijo 2020 Flashe Vinyl Paint Canvas Sold: HKD 2,142,000
Adeja Pross Alien 2020 Oil Paint Canvas Sold: HKD 2,520,000
Robbie. advance. Antonor "Subtleties of Obscurity" 2014 Oil On Canvas Sold: HKD 2,394,000
Kagawain, "Even If the Moon Is Obscured by Clouds, We're Still Here" 2008 Acrylic Canvas Sold: HKD 2,331,000
Huang Benrui "You Who Lead the Trend in the Crowd" 2018 Acrylic Canvas (Diptych) Sold Price: HKD 1,512,000
Daily auction The highest price of the lot
KAWS Untitled (US) 2002 Acrylic Old Advertising Poster Sold: HKD 11,745,000
Yayoi Kusama Summer Star (QPTW) 2007 Acrylic Canvas Sold: HKD 10,898,000
George Condor Portrait of the Night, 2001 Acrylic Canvas Sold: HKD 6,905,000
Hexagonal Caizi Untitled ARP 07-013 2007 Acrylic Canvas Sold price: HKD 6,300,000
Javier Calleja Accept Me 2017 Acrylic Canvas Sold price: HKD 5,040,000
Yayoi Kusama Flower, 1989 Acrylic Canvas Sold: HKD 4,788,000
The Christie's auction is underway, and Richter's abstract paintings have totaled 140,400,000 Hong Kong dollars, and several 0s cannot be counted.
Jerhard Richter (b. 1932) Abstract Painting 747-1, oil on canvas, 1991.
Licht's Abstract Painting 747-1, painted in 1991, set a new world auction record when it first appeared on the auction in 2007. At first glance, the work has no specific theme, and its title can be literally translated as "abstract pattern". Richter experimented with a new creative tool, the squeegee, which later became the tool he has been using to this day and became synonymous with Richter's work.
The red color in the painting is worth mentioning, reminiscent of similar colorful colors in Titian's works, and Mark Rothko's masterpiece of deep spirituality.
In 2011, Richter said, "With a brush, you have control over the picture." Paint sticks to the brush, it's up to you to define the picture... You'll be in control of what happens on the screen. But if you use an ink scraper, you lose control of the picture. The artist seems to enjoy the out-of-control experience. It is worth mentioning that the fundamental significance of Richter's decision to use a scraper is actually an affirmation of creative control. The angle and pressure of the scraper, like the color and type of paint, are entirely determined by the artist himself. These works are therefore representative works of Richter.