Rao Zongyi

Calligraphy

Found at Christies, Hong Kong (Online Auction)
Cultured Legacy: Chinese Paintings and Calligraphy from the Chang Shiu Sig and Tung Shui Wah Collection, Lot 1632
22. Nov - 6. Dec 2023
Estimate: 30.000 - 50.000 HKD
Price realised: 69.300 HKD
RAO ZONGYI (1917-2018) Calligraphy Scroll, mounted and framed, ink on gold-flecked red paper 44 x 44 cm. (17 3 ⁄ 8 x 17 3 ⁄ 8 in.) Inscribed and signed by the artist Dated bingyin year (1986)

Upper estimate price exceeded by 39 %.

The work Calligraphy by Rao Zongyi was sold in the Cultured Legacy: Chinese Paintings and Calligraphy from the Chang Shiu Sig and Tung Shui Wah Collection auction at Christies in Hong Kong in December this year. It achieved a price of HKD 69,300.00 (€ 8,018.80), exceeding the upper end of the estimate range by 39%. Of course, this price has nothing to do with the top prices that other works by Rao Zongyi achieve. The highest price we have observed so far was reached by the work Auspicious Flowers and Fruits in October 2021 with an auction result of HKD 8,040,000.00 (€ 894,338.64).

Oberer Schätzpreis um 39 % übertroffen

Die Arbeit Calligraphy von Rao Zongyi wurde im Dezember diesen Jahres in der Auktion Cultured Legacy: Chinese Paintings and Calligraphy from the Chang Shiu Sig and Tung Shui Wah Collection bei Christies in Hong Kong versteigert. Sie erzielte dabei einen Preis von HKD 69.300,00 (€ 8.018,80) und übertraf damit das obere Ende der Schätzpreisspanne um 39%. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Rao Zongyi erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit Auspicious Flowers and Fruits im Oktober 2021 mit einem Auktionsergebnis von HKD 8.040.000,00 (€ 894.338,64).

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