Wang Guangyi

The Frozen North Pole Series - Large Doll

Found at Christies, Hong Kong
20th/21st Century Art Evening Sale, Lot 104
28. May - 28. May 2023
Estimate: 3.800.000 - 5.000.000 HKD
Price realised: 3.780.000 HKD
WANG GUANGYI (B. 1957)
The Frozen North Pole Series - Large Doll
signed and dated '86-88 Wang Guang Yi' (lower center)
oil on canvas
79 x 112.2 cm. (31 1/8 x 44 1/8 in.)
Painted in 1986-1988

Auction result misses estimated price range

When the work The Frozen North Pole Series - Large Doll by Wang Guangyi was auctioned at Christies in Hong Kong in May this year, the result was somewhat disappointing. The auction house had previously given the estimated price as a range of HKD 3,800,000.00 – 5,000,000.00, of which not even the lower limit was reached - in fact, the artwork changed hands for HKD 3,780,000.00 (€ 453,074.90). Admittedly, works by Wang Guangyi have also been auctioned for a multiple of this price - according to our records, the highest result so far was achieved by the work Mao AO in October 2007 with an auction result of GBP 2,036,000.00 (€ 2,923,829.97).

Auktionsergebnis verfehlt die Schätzpreisspanne

Als die Arbeit The Frozen North Pole Series - Large Doll von Wang Guangyi im Mai diesen Jahres bei Christies in Hong Kong versteigert wurde, fiel das Ergebnis ein wenig enttäuschend aus. Das Auktionshaus hatte den Schätzpreis zuvor mit einer Spanne von HKD 3.800.000,00 – 5.000.000,00 angegeben, von der nicht einmal die Untergrenze erreicht wurde - tatsächlich wechselte das Kunstwerk für HKD 3.780.000,00 (€ 453.074,90) den Besitzer. Freilich wurden Arbeiten von Wang Guangyi auch schon für ein Vielfaches dieses Preises versteigert – das bisher höchste Ergebnis erzielte nach unseren Aufzeichnungen die Arbeit Mao AO im Oktober 2007 mit einem Auktionsergebnis von GBP 2.036.000,00 (€ 2.923.829,97).

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