Wayne Thiebaud

Encased Cakes

Found at POLY, Hong Kong
Modern and Contemporary Art Evening Sale, Lot 11
12. Jul - 12. Jul 2022
Estimate: 60.000.000 - 86.000.000 HKD
Price realised: 79.200.000 HKD
Year: Painted in 2010-2011
Media: oil on canvas
Size: 182.9 x 121.9 cm. (72 x 48 in.)
Inscription: signed and dated 'Thiebaud 2011' (upper and lower right); signed and dated 'Thiebaud 2010/2011' (on the reverse)

A top price for Wayne Thiebaud - as previously expected

The work Encased Cakes by Wayne Thiebaud was auctioned at POLY in Hong Kong in July last year. The price achieved of HKD 79,200,000.00 (€ 9,882,532.84) was within expectations - the estimate range had previously been set by the auction house as HKD 60,000,000.00 – 86,000,000.00. Even if this result could not surprise positively, Encased Cakes is the most expensive artwork by Wayne Thiebaud that we have observed at auctions so far.

Ein Spitzenpreis mit Ansage

Die Arbeit Encased Cakes von Wayne Thiebaud kam im Juli letzten Jahres bei POLY in Hong Kong zur Auktion. Der dabei erzielte Preis von HKD 79.200.000,00 (€ 9.882.532,84) lag im Rahmen der Erwartungen – die Schätzpreisspanne war von dem Auktionshaus zuvor mit HKD 60.000.000,00 – 86.000.000,00 angegeben worden. Auch wenn das Ergebnis damit nicht positiv überraschen konnte, ist Encased Cakes das teuerste Kunstwerk von Wayne Thiebaud, das wir bisher bei Auktionen beobachtet haben.

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