Nguyen Trung

Woman With Flower Garland

Found at Bonhams, Hong Kong
Southeast Asian Modern & Contemporary Art, Lot 42
4. Oct - 4. Oct 2023
Estimate: 60.000 - 80.000 HKD
Price realised: 320.000 HKD
Nguyen Trung (Vietnamese, born 1940)
Woman with Flower Garland
circa 1998
signed Ng.Trung (lower right)
oil on canvas
99.5 x 99.5 cm (39 1/4 x 39 1/4 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

Artwork auctioned at four times the upper estimate price

The work Woman With Flower Garland by Nguyen Trung was worth HKD 320,000.00 (€ 38,697.96) to a buyer in October this year. This price was achieved in the auction Southeast Asian Modern & Contemporary Art at Bonhams in Hong Kong and exceeded the previously set upper estimate of HKD 80,000.00 many times over. Despite this good result, it is not the highest hammer price for an artwork by Nguyen Trung; that achieved among the auctions we observed the lot Ladies in the Peach Garden sold at auction in May 2016 with the realized price of HKD 500,000.00 (€ 57,790.75).

Kunstwerk zum Vierfachen des oberen Schätzpreises versteigert

Die Arbeit Woman With Flower Garland von Nguyen Trung war einem Käufer im Oktober diesen Jahres HKD 320.000,00 (€ 38.697,96) wert. Dieser Preise wurde in der Auktion Southeast Asian Modern & Contemporary Art bei Bonhams in Hong Kong erzielt und übertraf den zuvor angesetzten oberen Schätzpreis von HKD 80.000,00 um ein Vielfaches. Trotz des guten Ergebnisses ist dies nicht der höchste Zuschlag für ein Kunstwerk von Nguyen Trung; den erzielte unter den von uns beobachteten Auktionen die Arbeit Ladies in the Peach Garden im Mai 2016 mit dem Hammerpreis von HKD 500.000,00 (€ 57.790,75).

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