Chinese Collectors 'Price Out' Western Bidders At Asian Art Auctions

JING DAILY

A bronze figure of Parvati that sold for $963,750 at Christie’s. 

NEW YORK---Asian art has been massively popular in this week’s New York auctions, with prices being driven well above even the high estimates for everything from ancient bronzes to Buddhist figures. Many of the antiques may be coming from Western collections, but collectors from China are making the highest bids this time around. The rooms of the Asian art auctions held this week by top auction houses Christie’s, Sotheby’s, and Bonhams were filled to capacity, with mainly Chinese buyers in attendance. [link]