Wang Yigang

Abstract N3

Found at Phillips, London Auction
20th Century & Contemporary Art Day Sale, Lot 233
8. Mar - 8. Mar 2019
Estimate: 10.000 - 15.000 GBP
Price realised: 43.750 GBP
signed [in Chinese] and dated 'Wang Yigang 2014' lower right
oil on canvas
150.6 x 121 cm (59 1/4 x 47 5/8 in.)
Painted in 2014.
Martinelli Gallery, Lodi | Acquired from the above by the present owner

Upper estimate price exceeded by more than 100%

This artwork by Wang Yigang achieved an unexpectedly high price at Phillips in London in March 2019. In the 20th Century & Contemporary Art Day Sale auction, the work Abstract N3 sold for GBP 43,750.00 (€ 50,779.30) - well above the upper estimate of GBP 15,000.00. Despite this good result, it is not the highest hammer price for an artwork by Wang Yigang; that achieved among the auctions we observed the lot Abstract H4 sold at auction in February 2019 with the realized price of USD 100,000.00 (€ 87,881.18).

Oberer Schätzpreis um mehr als 100% übertroffen

Dieses Kunstwerk von Wang Yigang erzielte im März 2019 bei Phillips in London einen unerwartet hohen Preis. In der Auktion 20th Century & Contemporary Art Day Sale wurde die Arbeit Abstract N3 für GBP 43.750,00 (€ 50.779,30) versteigert – und damit weit über dem oberen Schätzpreis von GBP 15.000,00. Trotz des guten Ergebnisses ist dies nicht der höchste Zuschlag für ein Kunstwerk von Wang Yigang; den erzielte unter den von uns beobachteten Auktionen die Arbeit Abstract H4 im Februar 2019 mit dem Hammerpreis von USD 100.000,00 (€ 87.881,18).

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