Sino-Tibetan thangka headlines Asian art with 552% increase

A fine Sino-Tibetan thangka has seen excellent results, starring as the surprise top lot in Dreweatts & Bloomsbury Auctions' Asian Art sale on November 11 in London.

Sino-Tibetan thangka
Thangka mainly depict Buddhist deities or important figures, and are influenced by Chinese art

The thangka, an 18th century painting on silk with embroidery, was estimated to sell for £60,000-80,000, but was propelled to a 552.5% increase of £522,000 ($835,137).

The piece depicts Jetsun Milarepa (1052-1135), one of Tibet's most renowned yogis and poets. According to Dr Benederra Mottino, Dreweatts & Bloomsbury's Asian art expert, it is particularly valued for its "sublime beauty, tranquility and ecstatic clarity".

There is a strong market for Tibetan thangka, with a 13th century example selling at Christie's in September 2012 for $1.7m - a 193% increase on estimate.  

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