Chu Teh-Chun

Frimas I

Found at Christies, Hong Kong
20th/21st Century Art Evening Sale, Lot 69
28. May - 28. May 2023
Estimate: 7.000.000 - 10.000.000 HKD
Price realised: 19.735.000 HKD
CHU TEH-CHUN (ZHU DEQUN, 1920-2014)
Frimas I
signed in Chinese, signed 'CHU TEH-CHUN' (lower right); signed in Chinese, signed, titled and dated 'FRIMAS I CHU TEH-CHUN 1986' (on the reverse)
oil on canvas
116 x 89 cm. (45 5/8 x 35 in.)
Painted in 1986

Upper estimate price exceeded by 97 %.

This artwork by Chu Teh-Chun achieved an unexpectedly high price at Christies in Hong Kong in May this year. In the 20th/21st Century Art Evening Sale auction, the work Frimas I sold for HKD 19,735,000.00 (€ 2,365,458.51) - well above the upper estimate of HKD 10,000,000.00. 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).

Oberer Schätzpreis um 97 % übertroffen

Dieses Kunstwerk von Chu Teh-Chun erzielte im Mai diesen Jahres bei Christies in Hong Kong einen unerwartet hohen Preis. In der Auktion 20th/21st Century Art Evening Sale wurde die Arbeit Frimas I für HKD 19.735.000,00 (€ 2.365.458,51) versteigert – und damit weit über dem oberen Schätzpreis von HKD 10.000.000,00. 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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