OGP | Collectors' Recommendations
Jan 3, 2023
The combined sales of Sotheby's Modern and Contemporary Art in Asia in 2022 exceeded HK$3.1 billion. It must be acknowledged that the commercial expansion of the Asian market is an absolute necessity for the major auction houses' art collections.
The combined sales of Sotheby's Modern and Contemporary Art in Asia in 2022 exceeded HK$3.1 billion.
Some of the most well-known artists' works are still for sale, and their prices are going up. Paul Picasso, Chen Yifei, Wu Guanzhong, Le Pho, and other modern artists. Louise Bourgeois, Michel Majerus, Kei Imazu, Tetsuya Ishida, and other contemporary artists. One of them, Dora Maa by Pablo Picasso, sold for HK$169 million.
It must be acknowledged that the commercial expansion of the Asian market is an absolute necessity for the major auction houses' art collections. Collectors are encouraged to read this report, "2022 in Review: Modern and Contemporary Art in Asia."