Sotheby's - Asian Arts / 5000 Years

Executive Summary

Sotheby's "Asian Art / 5000 Years" auction in Paris showcased an impressive array of Asian art spanning five millennia. The sale achieved remarkable results, realizing a total auction value of €992,124, significantly surpassing the median estimate of €474,850. With a sell-through rate of 78.72% and a total hammer price of €781,200, the auction demonstrated robust demand for high-quality Asian art. The inclusion of Chinese artifacts from the esteemed collection of Father Émile Ducarme added historical significance and rarity to the offerings. Despite a few underperforming lots, the auction's success was driven by exceptional pieces that far exceeded their estimates, particularly in the highest value bracket, which accounted for over half of the total auction value.