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Here Are the 15 Most Expensive Artworks Sold at Auction Around the World in April 2023
Sotheby's 50th anniversary in Hong Kong propelled the priciest sales in April.
Sotheby's 50th anniversary in Hong Kong propelled the priciest sales in April.
Caroline Goldstein ShareShare This Article
April was just a few months ago, but given the scrum of auctions and art fairs all over the world, it feels like much longer. Looking at data from Artnet’s Price Database, the majority of the most expensive lots sold last month came from a series of sales at Sotheby’s Hong Kong celebrating 50 years in Asia. The auction house was the first international company to set up a permanent outpost in Hong Kong, and a robust slate of sales, exhibitions, and events commemorated the occasion.
The top lot of the month as a very rare screen created in 1973 by Zhang Daqian, and held by the family of collector C.S. Loh for 50 years, which was presented at a standalone sale on April 5. After an opening bid of HK$150 million ($19 million), the piece ultimately fetched more than HK$251.6 million ($32 million) with fees, making it the artist’s third most expensive work at auction.
Other highlights came from the Modern evening and Contemporary evening sales, where familiar names like Yoshitomo Nara, Yayoi Kusama, and Zao Wou-Ki made it into the top 15. The late ultra-contemporary artist Matthew Wong’s River at Dusk (2018) set a new auction record, fetching HK$52.3 million ($6.6 million). As Artnet News’s Eileen Kinsella reported after the sale, the work was first bought at Karma gallery and first brought to auction in December 2020, just a year after Wong’s death. Less than three years later, it was back on the block and the price was 27 percent higher. Alex Branczik, senior director and chairman of modern and contemporary art for Asia at Sotheby’s noted that in 2013, “for our 40th anniversary celebrations, there wasn’t a single western artist in the evening sale”—a stark contrast to the current state of affairs.
Below, see the full list of the top 15 most expensive works sold at auction in April 2023.
Estimate: Undisclosed
Final Price: HKD251.6 million ($32.05 million)
Where & When: Sotheby’s Hong Kong, April 5, 2023
Estimate: HKD80 million to HKD120 million ($10.2 million to $15.3 million)
Final Price: HKD100.6 million ($12.8 million)
Where & When: Sotheby’s Hong Kong, April 5, 2023
Estimate: Undisclosed
Final Price: HKD93.1 million ($11.9 million)
Where & When: Sotheby’s Hong Kong, April 5, 2023
Estimate: HKD40 million to HKD60 million ($5.1 million to $7.6 million)
Final Price: HKD62.6 million ($7.9 million)
Where & When: Sotheby’s Hong Kong, April 5, 2023
Estimate: HKD40 million to HKD55 million ($5.1 million to $7 million)
Final Price: HKD55.2 million ($7 million)
Where & When: Sotheby’s Hong Kong, April 5, 2023
Estimate: HKD40 million to HKD60 million ($5.1 million to $7.6 million)
Final Price: HKD52.3 million ($6.6 million)
Where & When: Sotheby’s Hong Kong, April 5, 2023
Estimate: HKD32 million to HKD50 million ($4.1 million to0 $6.4 million)
Final Price: HKD50.6 million ($6.4 million)
Where & When: Sotheby’s Hong Kong, April 5, 2023
Estimate: HKD30 million to HKD50 million ($3.8 million to $6.4 million)
Final Price: HKD48.9 million ($6.2 million)
Where & When: Sotheby’s Hong Kong, April 5, 2023
Estimate: $1 million to $1.5 million
Final Price: $6.1 million
Where & When: Sotheby’s New York, April 19, 2023
Estimate: HKD38 million to HKD58 million ($4.8 million to $7.4 million)
Final Price: HKD45.2 million ($5.7 million)
Where & When: Sotheby’s Hong Kong, April 5, 2023
Estimate: HKD22 million to HKD28 million ($2.8 million to $3.6 million)
Final Price: HKD42.9 million ($5.5 million)
Where & When: China Guardian Auctions, Hong Kong, April 5, 2023
Estimate: HKD34 million to HKD44 million ($4.3 million to $5.6 million)
Final Price: HKD40.1 million ($5.2 million)
Where & When: Poly Auction Hong Kong, April 6, 2023
Estimate: €1.2 million to €1.8 million ($1.3 million to $1.9 million)
Final Price: €4.5 million ($4.9 million)
Where & When: Christie’s Paris, April 4, 2023
Estimate: HKD32 million to HKD45 million ($4.1 million to $5.7 million)
Final Price: HKD36.8 million ($4.7 million)
Where & When: Sotheby’s Hong Kong, April 5, 2023
Estimate: $2 million to $3 million
Final Price: $4.3 million
Where & When: Sotheby’s New York, April 19, 2023