Ancient Himalayan Art Collection Fetches €15.2 Million in Paris Auction

In a dazzling display of auction prowess, the Jules Speelman Collection of Ancient Himalayan Art achieved an extraordinary €15.2 million at Bonhams Cornette de Saint Cyr in Paris, vastly exceeding its anticipated pre-sale estimate of €4.2 million. Comprising 28 meticulously curated lots amassed over 60 years by esteemed dealer and collector Jules Speelman, the auction achieved a staggering 93% sell-through rate by lot and 100% by value. This exceptional outcome underscores the intense global demand for Asian Art and Buddhist Sculpture.

Clearly, the most spectacular lot was the Nepalese gilt copper alloy figure of Vajradhara, which belonged to the early Malla period, circa 14th century. Originally considered to be in the range of €600,000 to €800,000, this unique example of Himalayan art was offered for sale and sold for an astounding €4,162,400, therefore resetting a new high for the collection and attracting hot competition in-room as well as on the telephones.

Asaph Hyman's Perspective

Asaph Hyman, the Global Head of Chinese Ceramics & Works of Art at Bonhams, described the auction as historic, stating that there was massive international interest after shows have taken place in key cities in Asia and Europe. He said that Jules Speelman has the ability to select rare products, which the collectors from different corners of the world value, mentioning that the high quality of items was another factor that contributed to the success of the auction.

Edward Wilkinson's Reflection

In similar sentiment was the Global Head of Himalayan & Southeast Asian Art at Bonhams, Edward Wilkinson, who lauded Speelman's influence in the market today and thanked being able to offer such a collection. He further reflected on the auction, which he addressed as the unique potential to display the diversity and history of artworks of the Himalayan region while emphasizing the timelessness and potential for appreciation of these pieces.

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Jules Speelman expressed delight and gratitude after the sale, stating, "I was deeply touched by the admiration shown for the objects I have cherished for so many years. This auction was a very special occasion for me and my family, and we are thrilled with the exceptional results. I extend my heartfelt thanks to all the collectors who participated and the Bonhams team for their dedication and expertise."

Additional Highlighted Lots

In addition to the Vajradhara figurine, several other remarkable pieces contributed to the auction's success. A 17th-century parcel-gilt silver and gilt copper alloy figure of the eight-armed goddess Ushnishavijaya, adorned with turquoise stones, surpassed expectations by selling for €3,920,400. A gilt copper alloy figure of Virupa from Central Tibet achieved €1,258,400, while a figure of Shri Devi from the Densatil Monastery sold for €1,076,900. Furthermore, a silver-inlaid brass figure of Vajrapani from Central Tibet fetched €762,400, each piece showcasing the exquisite craftsmanship and historical significance of the Speelman Collection.

The auction not only celebrated the artistic mastery of Himalayan and Asian art but also underscored the enduring legacy of Jules Speelman, whose dedication and expertise have left an indelible mark on the art world. As collectors and enthusiasts eagerly anticipate future opportunities to acquire such rare and exceptional pieces, the success of the Speelman Collection reaffirms the profound allure and enduring investment value of ancient Himalayan art in today's global market.

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