Wang Ziwu
Rooster and Plum Blossoms
Found at
Christies,
New York (Online Auction)
Chinese Paintings Online: Modern Masters, Lot 23
9. Dec - 9. Dec 2020
Chinese Paintings Online: Modern Masters, Lot 23
9. Dec - 9. Dec 2020
Estimate: 3.800 - 6.400 USD
Price realised: 32.500 USD
Price realised: 32.500 USD
Description
Hanging scroll, ink and color on paper
69 x 46 cm. (27 1 ⁄ 8 x 18 1 ⁄ 8 in.)
Inscribed and signed, with one seal of the artist
Dated winter, renxu year (1982)
This collection began with the establishment of the L & F Art Gallery in Hong Kong in the early 1980s. This establishment sold the paintings of many contemporary artists of the day and provided the gallery owners with opportunities to meet many of them. At the end of the decade, the gallery was closed and the owner of these paintings moved to the United States. As in classical times, he enjoyed his collection of paintings and calligraphy in his leisure time away from his medical career.
Please note this lot is the property of a private individual.
Acquired directly from the artist.
69 x 46 cm. (27 1 ⁄ 8 x 18 1 ⁄ 8 in.)
Inscribed and signed, with one seal of the artist
Dated winter, renxu year (1982)
This collection began with the establishment of the L & F Art Gallery in Hong Kong in the early 1980s. This establishment sold the paintings of many contemporary artists of the day and provided the gallery owners with opportunities to meet many of them. At the end of the decade, the gallery was closed and the owner of these paintings moved to the United States. As in classical times, he enjoyed his collection of paintings and calligraphy in his leisure time away from his medical career.
Please note this lot is the property of a private individual.
Acquired directly from the artist.
Artwork auctioned at five times the upper estimate price
When the work Rooster and Plum Blossoms by Wang Ziwu was auctioned at Christies in New York in December 2020, the result exceeded expectations many times over. The upper estimate was set at a - in retrospect quite modest - USD 6,400.00 but the actual price achieved was more than five times as high at USD 32,500.00 (€ 26,574.00). Of course, this price has nothing to do with the top prices that other works by Wang Ziwu achieve. The highest price we have observed so far was reached by the work Li Bai and Chao Heng in May this year with an auction result of HKD 3,150,000.00 (€ 377,562.42).
Kunstwerk zum Fünffachen des oberen Schätzpreises versteigert
Als die Arbeit Rooster and Plum Blossoms von Wang Ziwu im Dezember 2020 bei Christies in New York versteigert wurde, übertraf das Ergebnis die Erwartungen um ein Vielfaches. Der obere Schätzpreis war mit – rückwirkend betrachtet recht bescheidenen – USD 6.400,00 angesetzt, der tatsächlich erzielte Preis hingegen war mit USD 32.500,00 (€ 26.574,00) mehr als fünfmal so hoch. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Wang Ziwu erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit Li Bai and Chao Heng im Mai diesen Jahres mit einem Auktionsergebnis von HKD 3.150.000,00 (€ 377.562,42).
Wang Ziwu - Auction history
Other artists in this auction
