Wang Keping

Couple No.1

Found at Sothebys, Hong Kong
Contemporary Art Day Sale, Lot 552
10. Jul - 10. Jul 2020
Estimate: 80.000 - 120.000 HKD
Price realised: 500.000 HKD
Property from a Distinguished Asian Private Collector and Important Patron of the Arts
知名亞洲藏家及重要藝術贊助人珍藏
WANG KEPING
b. 1949
COUPLE NO.1
oak
incised with the artist's signature on the underside
Executed in 2001.
42.4 by 31 by 20 cm. 16⅝ by 12½ by 7¾ in. ----------------------------------------------
10 Chancery Lane Gallery, Hong Kong | Acquired from the above by the present owner | ---------------------------------------------- | 香港,10號贊善里畫廊 | 現藏者購自上述來源

Artwork auctioned at four times the upper estimate price

The work Couple No.1 by Wang Keping was worth HKD 500,000.00 (€ 54,781.72) to a buyer in July 2020. This price was achieved in the auction Contemporary Art Day Sale at Sothebys in Hong Kong and exceeded the previously set upper estimate of HKD 120,000.00 many times over. However, buyers have had to dig much deeper into their pockets for other works by Wang Keping - we have observed the highest auction result to date for the work Couple - 1999-2012, which sold at auction in July last year for EUR 157,440.00.

Kunstwerk zum Vierfachen des oberen Schätzpreises versteigert

Die Arbeit Couple No.1 von Wang Keping war einem Käufer im Juli 2020 HKD 500.000,00 (€ 54.781,72) wert. Dieser Preise wurde in der Auktion Contemporary Art Day Sale bei Sothebys in Hong Kong erzielt und übertraf den zuvor angesetzten oberen Schätzpreis von HKD 120.000,00 um ein Vielfaches. Für andere Arbeiten von Wang Keping mussten die Käufer allerdings auch schon deutlich tiefer in die Tasche greifen – das bisher höchste Auktionsergebnis haben wir für die Arbeit Couple - 1999-2012 beobachtet, die im Juli letzten Jahres für EUR 157.440,00 versteigert wurde.

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