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28 September 2021

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Results | NO TIME LIKE PRESENTThe Highest Online Sale Total Ever Achieved in Asia among All Auction Houses Achieved HK$ 120 Million

Christie’s Aggregate Global NFT Sale Total Driven to Surpass US$100 Million
Asian art
28 September 2021
Results | NO TIME LIKE PRESENTThe Highest Online Sale Total Ever Achieved in Asia among All Auction Houses Achieved HK$ 120 Million

Hong KongNo Time Like Present (17 to 28 September), an online-only auction featuring the very first NFT sale in Asia offered by an international auction house, achieved a record total of HK$121,642,750, 292% of the pre-sale low estimate, pushing Christie’s aggregate global NFT sale total to over US$100 Million. This historic sale, which featured a collection of NFT-art, paintings, and lifestyle objects from renowned artist Mr. Shawn Yue, also fetched the highest online sale total in Asia among all auction houses. A portion of the sale proceeds will benefit the Make-A-Wish Hong Kong Foundation.

Key statistics at a glance:

 - Sale total: HK$121,642,750
 - Total achieved 292% of pre-sale low estimate
 - 14 NFT lots all sold; NFT sale total: HK$95,990,000
 - Over 16,400 visitors drawn to the sale
 - 279 registrants, with over 50% being first time registrants
 - 168 bidders, with 65% being first time bidders
 - Key buying regions: Hong Kong, US, Switzerland, Taiwan

Visuals

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About Christie’s

Founded in 1766, Christie’s is a world-leading art and luxury business with a physical presence in 46 countries throughout the Americas, Europe, Middle East, and Asia Pacific, and flagship   international sales hubs  in New York, London, Hong Kong, Paris and Geneva. Renowned and trusted for our expert live and online-only auctions, as well as bespoke Private Sales, Christie’s unparalleled network of specialists offers our clients a full portfolio of  global services, including art appraisal, art financing, international real estate and education. Christie’s  auctions span more than  80 art and luxury categories, at price points ranging from $500 to over $100 million. Christie’s has sold 7 of the 10 most important single-owner collections in history, achieved the world record price for an artwork at auction, launched the first  fully on-chain auction platform dedicated to exceptional NFT art and manages an investment fund to support innovative startups in the art market. Christie’s is also committed to advancing  responsible culture  throughout its business and communities worldwide. To learn more, browse, bid, discover, and join us for the best of art and luxury at christies.com or by downloading Christie’s apps.


* Please note when quoting estimates above that other fees will apply in addition to the hammer price - see Section D of the Conditions of Sale at the back of the sale catalogue. *Estimates do not include buyer’s premium. Sales totals are hammer price plus buyer’s premium.

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