Nguyen Trung

Untitled I

Found at Bonhams, Hong Kong
Southeast Asian Modern & Contemporary Art, Lot 45
4. Oct - 4. Oct 2023
Estimate: 40.000 - 60.000 HKD
Price realised: 179.200 HKD
Nguyen Trung (Vietnamese, born 1940)
Untitled I
2003
signed and dated Ng.TRUNG 003 (bottom)
mixed media on canvas
100 x 100 cm (39 3/8 x 39 3/8 in)
Personal collection of Dr Shirley S. Hui (1937-2022), co-founder of Galerie La Vong (1993-2013), HK, acquired before 2013 | Private collection, HK

Upper estimate price exceeded by more than 100%

This artwork by Nguyen Trung achieved an unexpectedly high price at Bonhams in Hong Kong in October this year. In the Southeast Asian Modern & Contemporary Art auction, the work Untitled I sold for HKD 179,200.00 (€ 21,670.86) - well above the upper estimate of HKD 60,000.00. However, buyers have had to dig much deeper into their pockets for other works by Nguyen Trung - we have observed the highest auction result to date for the work Ladies in the Peach Garden, which sold at auction in May 2016 for HKD 500,000.00 (€ 57,790.75).

Oberer Schätzpreis um mehr als 100% übertroffen

Dieses Kunstwerk von Nguyen Trung erzielte im Oktober diesen Jahres bei Bonhams in Hong Kong einen unerwartet hohen Preis. In der Auktion Southeast Asian Modern & Contemporary Art wurde die Arbeit Untitled I für HKD 179.200,00 (€ 21.670,86) versteigert – und damit weit über dem oberen Schätzpreis von HKD 60.000,00. Für andere Arbeiten von Nguyen Trung mussten die Käufer allerdings auch schon deutlich tiefer in die Tasche greifen – das bisher höchste Auktionsergebnis haben wir für die Arbeit Ladies in the Peach Garden beobachtet, die im Mai 2016 für HKD 500.000,00 (€ 57.790,75) versteigert wurde.

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