Auction - Classical Chinese paintings in full form at Sotheby's New York

The first session of the Fine Chinese Ceramics and Works of Art auction brought in $9.6 million,  exceeding a pre-sale estimate by nearly $2 million. A record was set for a Classical Chinese painting sold in the US when Bada Shanren’s Two Mynas on a Rock from 1692 sold for $2,994,500, compared with a $400/600,000 estimate. A new record for Chinese calligraphy sold in the US was also set when Calligraphy in Xing Shu (Running Script) After Zhong Yao's "Zhang Le Tie" also by Bada Shanren sold for $482,500 (est. $100/150,000). If this first sale is anything to go by, Sotheby's is going to get some stellar results this week in New York.