Berliner Boersenzeitung - Van Gogh painting set to break Asia record in Hong Kong auction

EUR -
AED 4.256604
AFN 72.432879
ALL 96.074129
AMD 437.254458
ANG 2.074425
AOA 1062.659363
ARS 1619.517095
AUD 1.663881
AWG 2.085917
AZN 1.973326
BAM 1.9561
BBD 2.334559
BDT 142.231841
BGN 1.980821
BHD 0.437678
BIF 3435.969361
BMD 1.158843
BND 1.483141
BOB 8.027267
BRL 6.110111
BSD 1.159078
BTN 108.61049
BWP 15.882919
BYN 3.431557
BYR 22713.321918
BZD 2.331258
CAD 1.593809
CDF 2634.050312
CHF 0.916436
CLF 0.026796
CLP 1058.324828
CNY 7.973415
CNH 7.990292
COP 4306.075006
CRC 540.087598
CUC 1.158843
CUP 30.709338
CVE 110.380095
CZK 24.446661
DJF 206.417042
DKK 7.471443
DOP 69.385728
DZD 153.71935
EGP 61.076838
ERN 17.382644
ETB 182.372874
FJD 2.574714
FKP 0.865714
GBP 0.865036
GEL 3.146206
GGP 0.865714
GHS 12.637209
GIP 0.865714
GMD 84.595281
GNF 10174.640968
GTQ 8.876363
GYD 242.593534
HKD 9.070159
HNL 30.73225
HRK 7.530188
HTG 151.984651
HUF 389.902558
IDR 19591.398997
ILS 3.618253
IMP 0.865714
INR 108.774793
IQD 1518.084271
IRR 1523936.427911
ISK 143.800676
JEP 0.865714
JMD 182.918089
JOD 0.821571
JPY 183.930975
KES 150.1631
KGS 101.339078
KHR 4652.754866
KMF 492.508173
KPW 1042.925224
KRW 1733.675267
KWD 0.355
KYD 0.965978
KZT 559.565928
LAK 24973.065545
LBP 103774.386694
LKR 364.349094
LRD 212.753766
LSL 19.526088
LTL 3.421762
LVL 0.700973
LYD 7.410824
MAD 10.849142
MDL 20.273726
MGA 4826.580671
MKD 61.580327
MMK 2433.140213
MNT 4135.877336
MOP 9.341578
MRU 46.481413
MUR 57.02801
MVR 17.90359
MWK 2012.910493
MXN 20.657755
MYR 4.584964
MZN 74.050274
NAD 19.491496
NGN 1599.180087
NIO 42.55284
NOK 11.214853
NPR 173.772685
NZD 1.989549
OMR 0.445526
PAB 1.159078
PEN 4.024644
PGK 4.989396
PHP 69.455258
PKR 323.607137
PLN 4.270288
PYG 7563.161419
QAR 4.222809
RON 5.094736
RSD 117.460436
RUB 93.28723
RWF 1691.910714
SAR 4.349934
SBD 9.330676
SCR 17.323955
SDG 696.46457
SEK 10.800884
SGD 1.48194
SHP 0.869432
SLE 28.449614
SLL 24300.369889
SOS 662.273966
SRD 43.271278
STD 23985.709473
STN 25.065773
SVC 10.142558
SYP 128.605547
SZL 19.527019
THB 37.835064
TJS 11.122096
TMT 4.05595
TND 3.366401
TOP 2.790215
TRY 51.391504
TTD 7.875277
TWD 37.015757
TZS 2978.226198
UAH 50.906737
UGX 4340.666564
USD 1.158843
UYU 47.237254
UZS 14143.678327
VES 529.016856
VND 30543.623764
VUV 138.433325
WST 3.185514
XAF 656.060577
XAG 0.016612
XAU 0.000263
XCD 3.131831
XCG 2.089039
XDR 0.81601
XOF 658.797973
XPF 119.331742
YER 276.55816
ZAR 19.711049
ZMK 10430.973939
ZMW 21.936369
ZWL 373.146959
  • CMSC

    -0.0300

    22.85

    -0.13%

  • BCC

    1.4950

    73.375

    +2.04%

  • CMSD

    0.0000

    22.74

    0%

  • AZN

    0.7100

    184.78

    +0.38%

  • RIO

    0.2200

    86.06

    +0.26%

  • NGG

    0.3400

    82.4

    +0.41%

  • RYCEF

    -0.4500

    15.6

    -2.88%

  • BCE

    0.1500

    25.91

    +0.58%

  • GSK

    0.7100

    52.7

    +1.35%

  • VOD

    0.1500

    14.63

    +1.03%

  • JRI

    0.1350

    11.815

    +1.14%

  • RELX

    -1.2500

    32.56

    -3.84%

  • RBGPF

    -13.5000

    69

    -19.57%

  • BP

    1.0050

    44.575

    +2.25%

  • BTI

    0.0180

    57.938

    +0.03%

Van Gogh painting set to break Asia record in Hong Kong auction
Van Gogh painting set to break Asia record in Hong Kong auction / Photo: Peter PARKS - AFP

Van Gogh painting set to break Asia record in Hong Kong auction

A Vincent van Gogh painting displaying the artist's shift from dark realism to vibrant impressionism could become the most expensive Western painting sold in Asia if it fetches its top estimated value of $50 million at a Hong Kong auction on Thursday.

Text size:

"Les canots amarres" -- or "the moored boats" -- will be the centrepiece of an inaugural evening sale held to celebrate the opening of auction house Christie's new Asia Pacific headquarters.

According to Christie's, it could fetch between HK$230-380 million (US$30-50 million) on the auction floor.

To date, the most expensive Western painting sold in the region is "Warrior" by Jean-Michel Basquiat, the auction house said.

It had the Christie's gavel dropped at HK$323.6 million -- roughly US$41.9 million at the time -- in Hong Kong in 2021.

Owned by the Italian royal family of Bourbon Two Sicilies, the Van Gogh painting is "the most important painting by the artist ever to be offered in Asia", Christie's said in its introduction.

"'Les canots amarres' marks a vital stepping stone in his career," it said.

The painting is one of about 40 works Van Gogh developed around the scenic French town of Asnieres, a boating hub on the outskirts of Paris, during the summer of 1887.

With those paintings, "he left behind for good the dark, earthy tones of his realist pictures of old. He now adopted a vibrant palette and loose expressive brush instead," said Christie's.

In a letter to his sister Willemien in October 1887, the artist wrote: "When I painted landscape in Asnieres this summer, I saw more colour... than ever before."

Princess Camilla of the House of Bourbon Two Sicilies called it a painting "of incredible history in the very particular moment of the artist's (career)", according to Hong Kong's South China Morning Post.

She said she chose the Chinese city for the sale to tap into the Asian market's "strong and expanding base of collectors who are increasingly interested in Western art".

Born in the Netherlands in 1853, Vincent van Gogh was among the most famous and influential figures in Western art. He created around 2,100 pieces, including about 860 oil paintings, in a career that lasted only a decade before his death in 1890.

Christie's high-profile auction on Thursday will also feature 45 other masterpieces from the 20th and 21st centuries -- ranging from the French impressionist painter Claude Monet to the England-based street artist Banksy.

(G.Gruner--BBZ)