Record breaker: a $3M Asian scroll tops Australian auction results

With an estimate below $10,000, a simple landscape broke Australian records on Wednesday night, selling in excess of $3M.
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It was a great result for Bonhams Sydney on Wednesday night, with frenzied international bidding reaching fever pitch and pushing up a Chinese painting to break the $3 million mark.

A rare Chinese scroll by artist Fu Baoshi, simply titled Landscape (Lot 35), was sold for $3.17 million including buyer’s premium (IBP), off a pre-sale estimate of just $5000-$8000.

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Gina Fairley is ArtsHub's Senior Contributor, after 12 years in the role as National Visual Arts Editor. She has worked for extended periods in America and Southeast Asia, as gallerist, arts administrator and regional contributing editor for a number of magazines, including Hong Kong based Asian Art News and World Sculpture News. She is an Art Tour leader for the AGNSW Members, and lectures regularly on the state of the arts. She is based in Mittagong, regional NSW. Instagram: fairleygina