Chinese Grayish-White Jade Cup Stand, 20th Century. Photo courtesy  iGavel Auctions

NEW YORK, NY.- The iGavel Auctions sale of Asian, Ancient, and Ethnographic Works of Art presented by Lark Mason and Associates that closed on May 1st, 2013, had 305 sold lots resulting in a total of over $2.75 million. Buyers were from many countries, with a large group of successful bidders from the People's Republic of China. As iGavel enters its' tenth year, this Asian sale represents a strong continuance of the company's successful auction history and ability to navigate the Asian art and antiquities market.

"The sale significantly exceeded our expectations and I am extremely pleased for our consignors," says Lark Mason. "The results remind us, once again, that even in challenging economic times, the finest objects are highly desirable."

Seven lots sold above $100,000 each, and received 166 bids. The top ten lots realized $1,185,270, and received over 208 bids. The high-value lot from this auction was a Chinese Grayish-White Jade Cup Stand, 20th Century, which sold for $216,000 and had 43 bids. 

Other highlights include: a Chinese 'Three Friends' Rhinoceros Horn Libation Cup, 17th/18th Century, which sold for $162,000; a Chinese Huanghuali and Hongmu Cabinet with Carved Dragon Doors, 20th Century, which sold for $144,000; a Chinese Enamel Decorated Porcelain Peach Vase, 18th Century, which sold for $138,600; a Chinese Archaistic Rhinoceros Horn Cup, 17th/18th Century, which sold for $120,000; a Chinese Rhinoceros Horn Lotus Decorated Cup, 17th Century, which sold for $110,400; a Chinese Gilt Bronze Standing Buddha on Lotus Base, 17th/18th Century, which sold for $108,000; a Chinese Rhinoceros Horn Libation Cup with Magnolia and Prunus, Late 17th Century, which sold for $96,000; and a Chinese Imperial Ancestor Portrait, Color Inks on Silk, 19th Century, which sold for $90,000. 

iGavel is a leader in online art auctions. Their sellers are a select group of international dealers, non-profit organizations, and regional auction houses, who follow a code of professional conduct in their presentation and sale of works of art on the iGavel Auctions site. 

Lark E. Mason - President of iGavel - is the author of numerous articles on Asian art, the translator of two major works on Chinese furniture, and the author of the acclaimed guide to the arts of Asia, Asian Art. He was formerly a Senior Vice President with Sotheby's Chinese Works of Art Department, and a Director of Online Auctions for Sothebys.com. He frequently appears on national and international media as a guest appraiser. 

Chinese Grayish-White Jade Cup Stand, 20th Century. Photo courtesy  iGavel Auctions

The stone of a grayish white tone; one vajra head broken off; scattered nicks and chips. Diameter: 5 3/4 inches. Estimate $10000-15000. Lot sold $216,000