Chu Teh-Chun

Composition no. 25

Found at Christies, Hong Kong
20th Century Art Day Sale, Lot 341
2. Dec - 2. Dec 2021
Estimate: 1.000.000 - 1.500.000 HKD
Price realised: 1.250.000 HKD
CHU TEH-CHUN (ZHU DEQUN, 1920-2014)
Composition no. 25
signed in Chinese, signed ‘CHU TEHCHUN' (lower right); signed, dated and titled ‘CHU TEH-CHUN 1960 No. 25’ (on the reverse)
gouache on paper
55.5 x 37 cm. (21 7⁄8 x 14 5⁄8 in.)
Painted in 1960

Auction result well in line with expectations

The work Composition no. 25 by Chu Teh-Chun was sold in the 20th Century Art Day Sale auction at Christies in Hong Kong in December 2021. The price achieved of HKD 1,250,000.00 (€ 141,588.62) was within expectations - the estimate range had previously been set by the auction house as HKD 1,000,000.00 – 1,500,000.00. Of course, this price has nothing to do with the top prices that other works by Chu Teh-Chun achieve. The highest price we have observed so far was reached by the work Harmonie Hivernale in April 2021 with an auction result of HKD 229,568,000.00 (€ 24,578,851.54).

Auktionsergebnis im Rahmen der Erwartungen

Die Arbeit Composition no. 25 von Chu Teh-Chun wurde im Dezember 2021 in der Auktion 20th Century Art Day Sale bei Christies in Hong Kong versteigert. Der dabei erzielte Preis von HKD 1.250.000,00 (€ 141.588,62) lag im Rahmen der Erwartungen – die Schätzpreisspanne war von dem Auktionshaus zuvor mit HKD 1.000.000,00 – 1.500.000,00 angegeben worden. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Chu Teh-Chun erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit Harmonie Hivernale im April 2021 mit einem Auktionsergebnis von HKD 229.568.000,00 (€ 24.578.851,54).

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