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Thursday, September 26, 2024

Van Gogh painting seen to break records in HK auction

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A Vincent van Gogh painting displaying the artist’s shift from dark realism to vibrant impressionism could become the most expensive Western painting sold in Asia if it fetches its top estimated value of $50 million at a Hong Kong auction on Thursday.

“Les canots amarres” — or “the moored boats” — will be the centrepiece of an inaugural evening sale held to celebrate the opening of auction house Christie’s new Asia Pacific headquarters.

According to Christie’s, it could fetch between HK$230-380 million (US$30-50 million) on the auction floor.

To date, the most expensive Western painting sold in the region is “Warrior” by Jean-Michel Basquiat, the auction house said.

It had the Christie’s gavel dropped at HK$323.6 million — roughly US$41.9 million at the time — in Hong Kong in 2021.

Owned by the Italian royal family of Bourbon Two Sicilies, the Van Gogh painting is “the most important painting by the artist ever to be offered in Asia”, Christie’s said in its introduction.

“’Les canots amarres’ marks a vital stepping stone in his career,” it said.

The painting is one of about 40 works Van Gogh developed around the scenic French town of Asnieres, a boating hub on the outskirts of Paris, during the summer of 1887.

With those paintings, “he left behind for good the dark, earthy tones of his realist pictures of old. He now adopted a vibrant palette and loose expressive brush instead,” said Christie’s.

In a letter to his sister Willemien in October 1887, the artist wrote: “When I painted landscape in Asnieres this summer, I saw more colour… than ever before.”

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