Art world awaits European trove of Chinese ceramics

Art world awaits European trove of Chinese ceramics

Sotheby’s Asia Deputy Chairman Nicolas Chow poses with the Falangcai vase with golden pheasants at a preview in Hong Kong.

March 08, 2011, Tuesday/ 17:06:00

For over 50 years, one of the last great European collections of Chinese imperial ceramics has lain cloistered with an intensely private family in Switzerland, closed to the eyes of all but a handful of insiders.

Known largely from catalogs by noted sinologist Regina Krahl, the pieces in the Meiyintang collection, carefully acquired over half a century by Swiss pharmaceutical tycoons, the Zuellig brothers, are considered one of the best and last intact major private Western collections of Chinese ceramics.

In April, a small consignment of 80 lots from the Meiyintang (Hall Among the Rose Beds) wares will be put on the auction block for the first time by Sotheby’s in what market experts say could be a landmark sale fetching over HK$1 billion ($128 million).

“I don’t think we’ve had a collection of imperial porcelain as important as this one in the last 30 years,” Nicolas Chow, deputy Chairman of Sotheby’s Asia and the global head of Chinese ceramics, told Reuters in his Hong Kong office.

With the high-end Chinese ceramics art market now on fire given a steadily diminishing supply of great pieces, very strong demand is expected.

“It’s the last grand European collection of porcelain to come on the market. After this collection with its particular scope and taste ... there is nothing left of this calibre,” said Chow, running his fingers over a Meiyintang centerpiece: a pear-shaped, eight-inch tall Qing vase from the Qianlong reign (1736-95) with a brilliantly painted golden pheasant that could fetch $23 million in the April 7 sale.

Among the other Meiyintang pieces being offered is a rare palace bowl from the Chenghua Ming period (1465-1487), unblemished, with a blue and white pattern of fruiting melons and vines that could fetch up to HK$120 million ($15.4 million).

“With Chenghua, the pleasure is as much sensual as it is visual,” said Chow of the bowl’s glaze, which was silkily smooth to the touch, its lustre undiminished after five centuries.

Considered to be some of the finest objects ever crafted, the delicacy and beauty of Chinese imperial porcelain has captivated emperors and collectors for centuries.

As demand for imperial ceramics has soared on China’s economic boom and global ascendancy, fewer and fewer great collections of Chinese ceramics remain offshore as the rate of repatriation of China’s cultural treasures has accelerated. Stringent Chinese laws now bar many cultural relics from being exported once brought into the country, making the flow of ceramics a one-way torrent.

Fired in the legendary imperial kilns of Jingdezhen in southern China’s Jiangxi province over many dynasties, the cachet of such historical relics and national pride have fueled Chinese buying both on the world stage and inside China, where a slew of auction houses have sprouted up to ride the market boom.

Last November, a world record $83 million was paid for an ornate Qianlong period fish vase discovered in a British attic, smashing the previous $32.4 million mark for a gourd-shaped “famille rose” Qing vase sold by Sotheby’s just a month before.

Chow of Sotheby’s, whose grandfather -- renowned dealer-collector Edward Chow -- helped form the Meiyintang selection, hoped it would remind young collectors of a more contemplative period of art connoisseurship, far removed from the ultra-capitalist impulses of the China art market today.

“This is the last great group that was formed in that [old guard] tradition,” said Chow.

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