Acknowledging risk, Sotheby’s revises 2020 Hong Kong Spring Sale

“Monitoring the impact of the Covid-19 virus and the resulting travel restrictions” – in effect acknowledging, and attempting to manage, the health, travel, and business risks that the coronavirus poses – Sotheby’s has revised its 2020 Hong Kong Spring Sale.

The Modern Art Evening Sale, the Contemporary Art Evening Sale, and the Contemporary Art Day Sale will take place in New York on 16 April.

Further 2020 Hong Kong Spring sales have been re-scheduled from April to July. The plan is that they will take place in Hong Kong.

The revised schedule can be found here: “Revised Schedule For Sotheby’s Hong Kong 2020 Spring Auction Series Announced.”

Sotheby’s publishes a message from Kevin Ching, CEO of Sotheby’s Asia:

“We have been closely monitoring the impact of the Covid-19 virus and the resulting travel restrictions.

“After careful consideration and reflection on nearly 50 years of working with our clients in Asia, we have made the strategic decision to continue to hold our major Modern and Contemporary Art auctions in April but relocate them to New York and to postpone the balance of our spring auctions to early July in Hong Kong.

“April in New York represents the best possible venue and timing for our consignors of Modern and Contemporary art. We have scheduled these sales at times that will make it easy for our clients in Asia to participate and our global team stands ready to activate the international market for the great works of art we have assembled.

“Similarly, given the nature of the property and collectors in our other categories, we have decided to postpone those auctions until early July when we can safely hold a traveling exhibition across Asia and present our sale week in Hong Kong.”

Kevin Ching, CEO, Sotheby’s Asia

See:

Revised Schedule for Sotheby’s Hong Kong Spring Auction Series Announced,” Sotheby’s, 24 February 2020

Revised Schedule For Sotheby’s Hong Kong 2020 Spring Auction Series Announced” and “Sale Calendar,” Sotheby’s