Wu Dayu

Untitled I-405

Found at Sothebys, Hong Kong
Modern Asian Art, Lot 741
1. Oct - 1. Oct 2018
Estimate: 80.000 - 160.000 HKD
Price realised: 187.500 HKD
Wu Dayu
1903-1988
UNTITLED I-405
executed circa 1980
crayon on paper
14.7 by 10.2 cm; 5 ¾ by 4 in. 
Private Asian Collection 

Upper estimated price slightly exceeded

The work Untitled I-405 by Wu Da-Yu was auctioned at Sothebys in Hong Kong in October 2018. It achieved a price of HKD 187,500.00 (€ 21,112.78), exceeding the upper end of the estimate range by 17%. Of course, this price has nothing to do with the top prices that other works by Wu Da-Yu achieve. The highest price we have observed so far was reached by the work Untitled 14 in April 2016 with an auction result of HKD 18,080,000.00 (€ 2,036,982.78).

Oberer Schätzpreis leicht übertroffen

Die Arbeit Untitled I-405 von Wu Da-Yu kam im Oktober 2018 bei Sothebys in Hong Kong zur Auktion. Sie erzielte dabei einen Preis von HKD 187.500,00 (€ 21.112,78) und übertraf damit das obere Ende der Schätzpreisspanne um 17%. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Wu Da-Yu erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit Untitled 14 im April 2016 mit einem Auktionsergebnis von HKD 18.080.000,00 (€ 2.036.982,78).

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