The South Asian Modern + Contemporary Art sale totaled $24.86 million, with 95% of lots sold and a 321% hammer and premium against the low estimate. The highlight was Maqbool Fida Husain's Untitled (Gram Yatra) selling to unnamed institution for $13.75 million, the largest sum ever paid for a work of Modern Indian Art. Records were also set for several artists, including Sayed Haider Raza, Gulam Rasool Santosh, Sudhir Patwardhan, Jeram Patel, Ivan Peries, Senaka Senanayake and B. Prabha.

Strong demand followed in South Asian Modern + Contemporary Art Online, which almost doubled its low estimate at $1,296,666 with 92% of lots sold, while Indian, Himalayan and Southeast Asian Works of Art achieved a combined $762,552.

The Japanese and Korean Art sale during Asian Art Week totaled $8.85 million, with 86% sold by lot and 167% above the low estimate. Korean celadons and a rare moon jar attracted competitive bidding, with 18% new buyers and 15% Millennials.

The Important Chinese Furniture and Works of Art sale totaled $22.73 million, with 233% sold by hammer and premium versus low estimate. Notable sales included a huanghuali ‘official’s hat’ armchair for $3.26 million and a blue and white iron-red ‘dragon’ dish for $2.77 million. Over 25% of buyers were Millennials, and nearly 15% were new to the category, indicating exciting growth opportunities for emerging collectors. Rounding out the week was Arts of Asia Online, which totaled $1,538,838 with 90% of lots sold, buoyed by an increasingly young and global collector base.

We thank you for your interest in Asian Art Week in New York and invite you to discover our Chinese paintings, ceramics and works of art auctions in Hong Kong from 30 April to 2 May.