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Van Gogh Painting Set to Break Asia Record in Hong Kong Auction

Asher Ives September 26, 2024 2 min read
Van Gogh painting with vibrant colors in auction setting.

A Vincent van Gogh painting, showcasing the artist’s transition from dark realism to vibrant impressionism, is poised to become the most expensive Western painting sold in Asia. Scheduled for auction at Christie’s in Hong Kong, the piece could fetch up to $50 million, marking a significant moment in the art world.

Key Takeaways

  • Auction Date: Thursday, at Christie’s new Asia Pacific headquarters.
  • Estimated Value: Between HK$230-380 million ($30-50 million).
  • Current Record: The most expensive Western painting sold in Asia is Jean-Michel Basquiat’s "Warrior," which sold for HK$323.6 million in 2021.
  • Ownership: The painting is owned by the Italian royal family of Bourbon Two Sicilies.
  • Historical Significance: This painting is considered the most important work by Van Gogh ever offered in Asia.

The Painting’s Significance

"Les canots amarres," or "The Moored Boats," is a pivotal work in Van Gogh’s career. Created during the summer of 1887 in Asnieres, a picturesque town near Paris, this painting represents a crucial shift in his artistic style.

  • Transition in Style: Van Gogh moved from dark, earthy tones to a vibrant palette, reflecting a newfound appreciation for color.
  • Artistic Development: This piece is one of approximately 40 works he produced during this transformative period.

In a letter to his sister Willemien, Van Gogh expressed his excitement about the colors he observed while painting in Asnieres, stating, "When I painted landscape in Asnieres this summer, I saw more colour… than ever before."

Auction Details

The upcoming auction at Christie’s is not just about this single painting; it will also feature 45 other masterpieces from the 20th and 21st centuries, including works by renowned artists like Claude Monet and Banksy.

  • Event Highlights:
    • Location: Christie’s new Asia Pacific headquarters in Hong Kong.
    • Featured Artists: Claude Monet, Banksy, and others.
    • Total Works: 46 masterpieces, including Van Gogh’s.

Market Trends

Princess Camilla of the House of Bourbon Two Sicilies, the painting’s owner, emphasized the growing interest in Western art among Asian collectors. She chose Hong Kong for the auction to tap into this expanding market, which is increasingly drawn to high-value Western artworks.

Conclusion

As the auction date approaches, anticipation builds around the potential record-breaking sale of Van Gogh’s "Les canots amarres." This event not only highlights the artist’s significant contributions to the art world but also underscores the evolving landscape of art collecting in Asia. With a rich history and a vibrant future, the auction promises to be a landmark moment in the art market.

Sources

  • Van Gogh painting set to break Asia record in Hong Kong auction | Arts Culture – Gulf News, Gulf News.

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