Poly Auction Macau Limited
Poly Auction Macau Limited – abbreviated: Poly Auction Macau was founded in 2015 by Poly Auction Hong Kong Limited and its partner in Macau, Chiu Yeng Culture Limited. Poly Auction Macau aims to become Macau’s most dynamic auction house and best communicator of art and culture, as well as a leading force in the continuous development of Macau’s cultural industry.
The Second “Poly Macau Art Auction” was held from 23rd to 25th November 2016. As the lots in an eclectic range of sections were carefully selected, including Chinese and Asian Modern and Contemporary Art, Fine Chinese Paintings and Calligraphy, Chinese Ceramics and Works of Art as well as Important Jewels and Prestige Collections. Masterpieces of Chinese modern and contemporary art maestros were presented in the section of Chinese and Asian Modern and Contemporary Art. “Snowscape in Beijing”, Wu Guanzhong’s finest in the mid-1970s with era-specific colours and characteristics, sold for HK$35.4 million; “Red Rhythm” by Wu Dayu that first came into the limelight with unique colours and composition, was sold at HK$10.62 million. Masterpieces, such as, “14.11.74” by Zao Wou-ki, “Composition No. 537” and “Vision de nuit” created by Chu Teh-chun for nearly 20 years altogether represented the major development of Chinese contemporary art history, bringing in the splendid sales as well. Nearly 200 lots were sold for HK$170 million at the auction.
“Poly Macau Inaugural Art Auction”, organised by Poly Auction Macau and Chiu Yeng Culture from 7th to 10th January 2016, presented an array of masterpieces including works by legendary artists such as Chu Teh-chun, Wu Guanzhong, Lin Fengmian and Zhang Daqian, as well as fine pieces from contemporary artists including Takashi Murakami, Ding Yi, Xu Lei, Zhang Enli and Liu Wei. The auction also showcased Buddhist art, Qing Dynasty ceramics and other ancient works of art, as well as a dazzling selection of jewel for around 150 pieces, all art pieces were selected under the principles of “genuine, exquisite and rare”. The Art Auction achieved a remarkable result of HKD 245 million, which broke the average unit price of Hong Kong and Macau auction record.