Sovereign Art Foundation - The Sovereign Asian Art Prize

The Sovereign Asian Art Prize

The Sovereign Asian Art Prize was initiated in 2003 when the Sovereign Art Foundation was established as a charity in Hong Kong and is the Sovereign Art Foundation’s most established prize having had over 2000 artists in the region submit entries in its history.

The prize follows the same format as its African and European counterparts. Entry is by nomination only. All entries are then judged by a renowned judging panel that has a strong authority in contemporary Asian art. This is the first part of a two part judging process where the 30 strongest pieces will be the art prize finalists. The finalists are usually exhibited in a prominent public place in Hong Kong. In 2010, the finalist exhibition was for the first time toured in Singapore and in Hong Kong. In 2011, the finalist exhibition will be toured in Shanghai, Seoul, Singapore and then finally in Hong Kong. (see: The Sovereign Asian Art Prize). The second part of the judging process will take place live, at the exhibition in Hong Kong where the art prize winner will be announced. The 29 remaining pieces will then be auctioned off by Sotheby’s at a charity dinner where 50% of the proceeds of each sale will go to the artist and the other 50% will go to the foundation. All proceeds made on the evening by the foundation will go directly towards its charitable aims (see above).

Additionally, the award also includes the "Schoeni Prize" which is named in memory of Manfred Schoeni who died in 2004. This prize is decided solely by public votes cast at the exhibition and through the Sovereign Art Foundation website. The prize carries a nominal award of US$1,000.

As well as raising funds to assist art projects in Asia, The Sovereign Asian Art Prize strives to recognise the most innovative and influential artists of our time.

Winners

Judges