Wu Dayu

Untitled I-528

Found at Sothebys, Hong Kong
Modern Asian Art, Lot 5037
3. Apr - 3. Apr 2017
Estimate: 120.000 - 180.000 HKD
Price realised: 225.000 HKD
Wu Dayu
1903-1988
UNTITLED I-528
crayon on paper
27 by 19 cm; 10 5/8  by 7 1/2  in.
Important Private Asian Collection

Upper estimate price exceeded by 25 %.

The work Untitled I-528 by Wu Da-Yu was sold in the Modern Asian Art auction at Sothebys in Hong Kong in April 2017. It achieved a price of HKD 225,000.00 (€ 26,558.05), exceeding the upper end of the estimate range by 25%. 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 um 25 % übertroffen

Die Arbeit Untitled I-528 von Wu Da-Yu wurde im April 2017 in der Auktion Modern Asian Art bei Sothebys in Hong Kong versteigert. Sie erzielte dabei einen Preis von HKD 225.000,00 (€ 26.558,05) und übertraf damit das obere Ende der Schätzpreisspanne um 25%. 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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