Louise Bourgeois and Picasso take centre stage in Hong Kong auction | Malay Mail

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HONG KONG, April 16 — For several years now, the art world has been on something of a mission to seduce collectors in Asia. Auction houses no longer hesitate to offer exceptional lots during their sales in the region. The latest in line are Spider IV by Louise Bourgeois and Dora Maar by Picasso,...

HONG KONG, April 16 — For several years now, the art world has been on something of a mission to seduce collectors in Asia.The latest in line areA monumental bronze spider, perched on legs over two meters high, is the star lot of the forthcoming evening sale dedicated to contemporary art that Sotheby’s is holding April 27 in Hong Kong.It is part of a series of six other specimens through which the French artist, who died in 2010, plays with the symbolism of the spider.

While this arachnid may appear threatening to some, it was always a positive figure in the sculptor’s work. She described it as an ode to her mother, who was in charge of a tapestry restoration workshop, and who the artist once described as being “deliberate, clever, patient, soothing, reasonable, dainty, subtle, indispensable, neat, and as useful as a spider.”

is estimated to fetch HK$120 to US$150 million , or around US$15 to US$20 million. It could thus become the most expensive sculpture ever sold at auction in Asia.sold at Christie’s Hong Kong. Last year, this semi-autobiographical painting by the New York painter sold for HK$323.6 million , setting a new record for a Western artist in the Asian market. One of them, entitled, sold for US$28 million at Christie’s New York in 2015 — an amount that set a new sales record for the French artist.

 

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