Qi's artwork sells for record price
A WORK by Chinese artist Qi Baishi (1864-1957) was sold by Beijing-based China Guardian for 425.5 million yuan (US$65 million), a record high for modern Chinese paintings and calligraphy.
The price was, in the history of the Chinese mainland art market, second only to ancient calligrapher Huang Tingjian's hand scroll "Pillar Ming," which was sold for 436.8 million yuan in 2009.
Qi's work sold on Sunday, entitled "Eagle Standing on Pine Tree with Four-character Couplet in Seal Script," consists of a painting measuring 266 by 100 centimeters and a pair of calligraphy scrolls each measuring 264.5 by 65.8cm. It is said to be Qi's largest work.
Qi was born in 1864 in central China's Hunan Province and died at the age of 93. Although renowned for painting small creatures and objects, Qi was also known as an outstanding calligrapher.
The auctioned work, according to the signature on the scroll, was finished in 1946.
"Qi Baishi is the most influential artist in China's modern art history. This price marks a new era in the market for modern Chinese artworks," said Guo Tong of China Guardian.
Art market data organization Art Price figures show Qi's works raked in more than US$70 million in sales worldwide in 2009, behind only Pablo Picasso and Andy Warhol.
China Guardian's auction ends tomorrow.
The price was, in the history of the Chinese mainland art market, second only to ancient calligrapher Huang Tingjian's hand scroll "Pillar Ming," which was sold for 436.8 million yuan in 2009.
Qi's work sold on Sunday, entitled "Eagle Standing on Pine Tree with Four-character Couplet in Seal Script," consists of a painting measuring 266 by 100 centimeters and a pair of calligraphy scrolls each measuring 264.5 by 65.8cm. It is said to be Qi's largest work.
Qi was born in 1864 in central China's Hunan Province and died at the age of 93. Although renowned for painting small creatures and objects, Qi was also known as an outstanding calligrapher.
The auctioned work, according to the signature on the scroll, was finished in 1946.
"Qi Baishi is the most influential artist in China's modern art history. This price marks a new era in the market for modern Chinese artworks," said Guo Tong of China Guardian.
Art market data organization Art Price figures show Qi's works raked in more than US$70 million in sales worldwide in 2009, behind only Pablo Picasso and Andy Warhol.
China Guardian's auction ends tomorrow.
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