Wu Dayu

Untitled Ii-411(Painted Approximately In 1970-1980S)

Found at China Guardian, Hong Kong
Asian 20th Century and Contemporary Art, Lot 783
2. Oct - 2. Oct 2017
Estimate: 130.000 - 180.000 HKD
Price realised: 153.400 HKD
Crayon on paper
14.5×10 cm 5 3/4×26 3/8 in
LITERATURE
2007, Wu Dayu—Works on Paper I, Lin & Keng Gallery, Taipei, p.72
2010, Wu Dayu Works on Paper II, Lin & Keng Gallery, Taipei, p.233
Private collection, AsiaAs the pioneer of modern abstract painting, Wu Dayu has brilliantly integrated western abstract techniques with the oriental artistic concept. Inspired by the modern thinking in the west, Wu researches and appreciates the oriental art language. In an inventive artistic form that combines the west and the east, he has created an absolute beauty of roaming rhythm. While serving as the director of the western art at the Hangzhou Art College (now the China Academy of Art), Wu Dayu, together with Lin Fengmian, promoted the brand-new artistic style, cultivated students with a heuristic teaching method, of whom are renowned art masters such as Wu Guanz

Auction result well in line with expectations

In October 2017 China Guardian in Hong Kong held the auction Asian 20th Century and Contemporary Art, which included the work Untitled Ii-411(Painted Approximately In 1970-1980S) by Wu Da-Yu. The price achieved of HKD 153,400.00 (€ 16,883.48) was within expectations - the estimate range had previously been set by the auction house as HKD 130,000.00 – 180,000.00. 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).

Auktionsergebnis im Rahmen der Erwartungen

Im Oktober 2017 führte China Guardian in Hong Kong die Auktion Asian 20th Century and Contemporary Art durch, in der auch die Arbeit Untitled Ii-411(Painted Approximately In 1970-1980S) von Wu Da-Yu zur Versteigerung kam. Der dabei erzielte Preis von HKD 153.400,00 (€ 16.883,48) lag im Rahmen der Erwartungen – die Schätzpreisspanne war von dem Auktionshaus zuvor mit HKD 130.000,00 – 180.000,00 angegeben worden. 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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