CONTEMPORARY ART FAIRS HONG KONG ARTWORK SALES
With ART HK 11 already reporting on the blue-chip artwork sales made by dealers in the Galleries Section, we wanted to find out how the ASIA ONE and ART FUTURES galleries were faring. So we paid them a visit on the final day of ART HK 11, Sunday 29 May 2011, to find out if the concepts of these newly developed sections helped or hindered sales.
While most dealers appeared happy, with many reporting that they had sold multiple pieces to collectors, a couple of galleries described their experience at ART HK 11 as average. A few others seemed unhappy with their results or declined to be interviewed.
Collectors who bought works were often reported as being expatriates from the region, or as coming from Japan or Europe. One gallery explicitly said that they were disappointed with the turnout of local collectors and wondered whether they would take part again next year.
There seemed to be more interest from collectors in Asian art than in US or European works. Australian art sold to Australian buyers.
Dealers located in the inaugural ASIA ONE section seemed happier with their results than the ART FUTURES dealers. While most ASIA ONE galleries said that they were happy to bring the work of just one artist to the fair, and felt that this had led to more sales, a few said they would have preferred to have brought more of a choice.
One dealer said that while next year he thinks there should be an Asia-focused section, galleries should be able to bring the work of more than one artist.
Another gallery expressed “mixed feelings” about being included in ASIA ONE. They had applied for a booth in the main Galleries Section and felt somewhat slighted by the fair’s decision to place them in a different section. Nonetheless, they were very pleased with the sales that they achieved.
ASIA ONE gallery sales
Sin Sin (Hong Kong) showed Fung Ming Chip
Sin Sin Fine Art told us that they, at the time of interview, had sold over a dozen pieces, with one sold to an Australian museum and many more sales pending. The dealer put their success down to “a broad scope of [the artist’s] creativity [being] on display, from the early 1990s to the present day.”
“Fung Ming Chip is a quiet artist and this is the first time his work has been exposed in this way,” the gallery elaborated.
Gallery Espace (New Delhi, India) showed New York-based Indian artist Zarina Hashmi, USD5,000
Gallery Espace told us that approximately six works had been sold at just under USD5,000 each, all to young Hong Kong collectors.
C-Space (Beijing, China) showed Zhang Dali
At the time of interview, C-Space had sold a number of photographs, at around 12,000 euro, and three works on paper, at USD20,000, which were sold mainly to European collectors. The one artist format helped sales, they said.
Red Gate Gallery (Beijing, China) showed design collective Island 6, USD6,000 t0 USD20,000
“Very pleased,” is how Red Gate Gallery described their ART HK 11 experience at the time. The gallery sold nine pieces within the section’s one artist format. While they said that in their case this format worked, particularly with the Asian-focus to the section, they did express hope that in 2012 galleries will be allowed to bring work by multiple artists. Red Gate sold to collectors already known to them as well as to first time collectors, these being mostly expats from around the region.
Tim Olsen Gallery (Sydney, Australia) showed John Olsen, approximately USD100,000 each
Tim Olsen Gallery reported, at the time of speaking with us, that they had made two firm sales to people who already knew the artist they were representing, John Olsen, and that they had three artworks on hold for collectors new to the artist. Interest came mainly from Australian expatriates.
Gallery Cellar (Tokyo, Japan)
Three sales were reported at USD50,000, USD20,000 and USD5,000, with a further two artworks on hold for USD5,000. Gallery Cellar said that their fair experience was, so far, “So-so.”
Tokyo Gallery+BTAP showed Miki Taira, prices from USD1,800
This gallery said that they had sold out after the second day, with the exception of a giant piece valued at USD20,000.
ART FUTURES gallery sales
Kudlek van der Grinten Galerie (Cologne, Germany) showed British artist Robert Currie
Kudlek van der Grinten declined to be interviewed half-way through speaking with us. They did not appear to have made any sales.
Brennan & Griffin (New York, USA) showed American artist John Williams, USD10,000 to 16,000
Brennan & Griffin said they had sold a few works on the opening night to Japanese and European collectors, but were disappointed at not having met any local collectors. They were in two minds about whether to come back for the 2012 edition.
Galería Marta Cervera (Madrid, Spain) showed an American artist, USD2,000 to 8,000
The gallery representative claimed to have sold half of their booth, but they did not appear happy.
Gallery Terra Tokyo (Tokyo, Japan) showed new media artist Hirotoshi Iwasaki, USD2,000 to 10,000
The gallery had sold eight works at the time of interview and were “very happy” because they had sold to a museum in Istanbul.
ART HK 11 sent out a press release wrapping the fair on 31 May 2011. Click here to read more about audience numbers, the top artworks sold and where collectors came from.
- ART HK 11 Hong Kong art fair: What did galleries bring to ART HK 11? Picture feast – May 2011 – 13 photos of artworks chosen by galleries we talked to as their top piece for the fair
- ART HK 11 Hong Kong art fair: Mystery man behind Hong Kong art fair success – Charles Ross – May 2011 – Who is really responsible for the resounding success that is ART HK?
- Hong Kong art fair ART HK 11: First day fair impressions – May 2011 – Kate Cary Evans reports on the alternative sections of the fair
- Hong Kong art fair ART HK 11: Rolling media round-up [UPDATED 31 May 2011] – a running list of the top stories published on newspaper websites, blogs… even Twitter.
- Hong Kong art fair ART HK 11: Past ART HK editions coverage – compare and contrast – take a look at our coverage of previous ART HK events