Record breaker: a $3M Asian scroll tops Australian auction results

With an estimate below $10,000, a simple landscape broke Australian records on Wednesday night, selling in excess of $3M.

26 Oct 2017

Gina Fairley

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Visual Arts

Image: Shutterstock.com.

It was a great result for Bonhams Sydney on Wednesday night, with frenzied international bidding reaching fever pitch and pushing up a Chinese painting to break the $3 million mark.

A rare Chinese scroll by artist Fu Baoshi, simply titled Landscape (Lot 35), was sold for $3.17 million including buyer’s premium (IBP), off a pre-sale estimate of just $5000-$8000.

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Gina Fairley is ArtsHub's National Visual Arts Editor. For a decade she worked as a freelance writer and curator across Southeast Asia and was previously the Regional Contributing Editor for Hong Kong based magazines Asian Art News and World Sculpture News. Prior to writing she worked as an arts manager in America and Australia for 14 years, including the regional gallery, biennale and commercial sectors. She is based in Mittagong, regional NSW. Twitter: @ginafairley Instagram: fairleygina