Top auction houses postpone Asia Week auctions due to coronavirus

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Landscape painting by Tang Ying. Courtesy of Sotheby's.

After last week’s cancellation of Art Basel Hong Kong, the Asia Week New York Association has announced that six of its auction house partners will reschedule their March Asian art auctions to the week of June 21st, due to the outbreak of coronavirus. These will be: Bonhams, Doyle, Christie’s, Heritage Auctions, iGavel and Sotheby’s.

The first of the sales to be postponed is Sotheby’s Asia Week, in New York, which will commence June 22nd.

Sotheby’s Modern and Contemporary South Asian art auction, to be held on March 16th in New York, will go ahead as planned. The auctioneer said it has no current plans to reschedule its Hong Kong sales in April, according to the Antiques Trade Gazette.

Last week, Christie’s also announced the postponement of its March Asian art auctions but said the South Asia Modern and Contemporary sale would still take place on March 18th in New York.

Due to the tragic coronavirus outbreak and the effect it has had on so many people, we understand the difficult decision that the auction houses had to make to respectfully accommodate their buyers,” Katherine Martin, chairman of the trade membership organisation, said in a statement.

Bonhams’s March sales in its New York and Hong Kong salerooms will also be rescheduled.

In a statement Bonhams said it “regrets any inconvenience, but having assessed the global situation, we want to ensure the optimal conditions for clients”. 

Asia Week New York Association will continue to feature 37 gallery exhibitions, 17 gallery talks, and events will take place as scheduled from March 12th to 19th.