Asian Art In London

Sino-Tibetan Thangka sells for £522,000 at Dreweatts & Bloomsbury Auctions

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Over 80% of the lots on offer in today's auction (Monday 11th November) found buyers for an impressive premium-inclusive sale total of £810,000.

Telephone bidders battled with stiff competition in the room to secure the 18th century Sino-Tibetan Thangka of Milarepa in Dreweatts & Bloomsbury Auctions inaugural auction as part of Asian Art in London. Described as a piece of sublime beauty, tranquillity, and ecstatic clarity by auction specialist Dr. Benedetta Mottino, the unique qualities of the Thangka were universally acknowledged in its selection as one of the ten highlights shortlisted for the "outstanding work of art" on sale during Asian Art in London.

Dreweatts & Bloomsbury Auctions re-launched their Asian art department in 2012 with the appointment of respected academic, Dr. Benedetta Mottino. Whilst the broader market for Asian works of art has become considerably more selective, Asian Art in London continues to provide a showcase for the highest quality objects and is an un-miss-ably strong draw for collectors and dealers alike.

Stephan Ludwig, Dreweatts and Bloomsbury Auctions Executive Chairman, stated: "We are very pleased with the results of our inaugural sale during Asian Art in London. The Sino-Tibetan Thangka was of course the highlight of the sale, though a number of other lots also achieved remarkable five figure prices."

The vendor of the Thangka added: "I am obviously thrilled. I was very impressed by the depth of Dr. Mottino's research into the Thangka and have no doubt that Dreweatts delivered the best possible result for me."

Other noteworthy results in today's sale include a finely embroidered 19th century Chinese Imperial consort's formal court robe sold for £43,400, [Lot 30] and an 18th century Chinese jade censer sold for £17,360. From the Meiji period, a rare Meiji period Kinkozan Satsuma vase by Sozan, arguably one of the most sought after Satsuma artists and creator of finest Kinkozan works, sold for £37,200. [Lot 79]

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Dreweatts & Bloomsbury Auctions will be holding their next auction of Asian Ceramic & Works of Art on Monday 2nd December at their Donnington Priory salerooms near Newbury, Berkshire.

Notes

Dreweatts & Bloomsbury Auctions are a UK 'top 5' auctioneer of fine art and collectibles. As part of Noble Investments (UK) PLC we are the only UK stock-exchange listed firm of auctioneers and occupy the same stable as coin specialists Baldwin's, and Apex Philatelics. Established in 1759, we have the broadest and most regular calendar of specialist catalogued sales in the industry, numbering over 150 per annum, and provide vendors and buyers alike access to market-leading specialist advice in any number of collecting fields. We operate from salerooms in Donnington Priory (near Newbury), London's Mayfair, Bristol and Godalming.

Dreweatts - 11th November 2013