Chu Teh-Chun

No. 164

Found at Phillips, Hong Kong Auction
20th Century & Contemporary Art Evening Sale, Lot 14
6. Oct - 6. Oct 2023
Estimate: 6.000.000 - 10.000.000 HKD
Price realised: 6.350.000 HKD
signed 'CHU TEH-CHUN [in Chinese and Pinyin]' lower right; further signed, titled and dated 'CHU TEH-CHUN [in Chinese and Pinyin] 1963 "No. 164"' on the reverse
oil on canvas
119.8 x 60 cm. (47 1/8 x 23 5/8 in.)
Painted in 1963, this work is accompanied by a certificate of authenticity signed by the artist's wife, Chu Ching-Chao. This work will be included in the artist's forthcoming catalogue raisonné on the work of Chu Teh-Chun, being prepared by Fondation Chu Teh-Chun. (Information provided by Fondation Chu Teh-Chun and Mrs Chu Ching Chao.)

Auction result well in line with expectations

The work No. 164 by Chu Teh-Chun was auctioned at Phillips in Hong Kong in October this year. The estimated price for the artwork was previously given by the auction house with a range of HKD 6,000,000.00 – 10,000,000.00, the actual price achieved of HKD 6,350,000.00 (€ 767,912.57) could thus just exceed the lower estimate. 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 No. 164 von Chu Teh-Chun kam im Oktober diesen Jahres bei Phillips in Hong Kong zur Auktion. Der Schätzpreis für das Kunstwerk wurde von dem Auktionshaus zuvor mit einer Spanne von HKD 6.000.000,00 – 10.000.000,00 angegeben, der tatsächlich erzielte Preis von HKD 6.350.000,00 (€ 767.912,57) konnte den unteren Schätzpreis somit knapp übertreffen. 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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