Home > Appraisal/Auctions, Asian Art, International, News/Events > MORE EXTRAORDINARILY EXPENSIVE CHINESE WORK OF ART

MORE EXTRAORDINARILY EXPENSIVE CHINESE WORK OF ART

Another expensive Chinese work of art selling for a record price. A Qianlong-dynasty painting, representing a military parade, at an auction house in Toulouse, in the Southwest of France sold on March 26, 2011 for a record euro 22.1 million or US $ 31 million. The price of the 24 meters (79-foot ) scroll, including fees, was the most paid for a Chinese artwork at a French auction.

The work, found in a Paris attic and sold in Toulouse by auctioneer Marc Labarbe, is one of a series of four works of 17th-century maneuvers that mobilized some 20,000 men.

A Hong Kong collector, who asked to remain anonymous, made the winning bid after a ferocious bidding war with seven others.

The 24-meter-long (78.7 feet) horizontal scroll was painted around 1748 under Emperor Qianlong.

One of the four scrolls is in the Palace Museum of Beijing, and another was auctioned off in 2008 at Sotheby’s in Hong Kong — for $67.86 million.

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