Nicolas Party

Rocks

Found at Christies, Hong Kong
HI-LITE Evening Sale, Lot 67
23.Nov - 23.Nov.2019
Estimate: 4.100.000 - 5.000.000 HKD
Price realised: 8.765.000 HKD
signed and dated ‘Nicolas Party 2016’ (on a label affixed to the reverse of the frame)
pastel on canvas
220 x 100 cm. (86 ¾ x 39 ¼ in.)
Executed in 2016
The Modern Institute, Glasgow, UK | Acquired from the above by the present owner

Upper estimate price exceeded by 75%

This artwork by Nicolas Party achieved an unexpectedly high price at Christies in Hong Kong in November 2019. In the HI-LITE Evening Sale auction, the work Rocks sold for HKD 8,765,000 (€ 1,016,578) - well above the upper estimate of HKD 5,000,000. However, buyers have had to dig much deeper into their pockets for other works by Nicolas Party - we have observed the highest auction result to date for the work Landscape, which sold at auction in November last year for USD 3,270,000 (€ 2,897,138).

Oberer Schätzpreis um 75% übertroffen

Dieses Kunstwerk von Nicolas Party erzielte im November 2019 bei Christies in Hong Kong einen unerwartet hohen Preis. In der Auktion HI-LITE Evening Sale wurde die Arbeit Rocks für HKD 8.765.000 (€ 1.016.578) versteigert – und damit weit über dem oberen Schätzpreis von HKD 5.000.000. Für andere Arbeiten von Nicolas Party mussten die Käufer allerdings auch schon deutlich tiefer in die Tasche greifen – das bisher höchste Auktionsergebnis haben wir für die Arbeit Landscape beobachtet, die im November letzten Jahres für USD 3.270.000 (€ 2.897.138) versteigert wurde.

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