Wu Dayu

Untitled Ii-532

Found at Sothebys, Hong Kong
Modern Art, Lot 769
1. Apr - 1. Apr 2019
Estimate: 80.000 - 160.000 HKD
Price realised: 187.500 HKD
Wu Dayu
1903-1988
UNTITLED II-532
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

In April 2019 Sothebys in Hong Kong held the auction Modern Art, which included the work Untitled Ii-532 by Wu Da-Yu. The »bidding war« ended at HKD 187,500.00 (€ 21,342.96), 17% above the upper estimate. 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

Im April 2019 führte Sothebys in Hong Kong die Auktion Modern Art durch, in der auch die Arbeit Untitled Ii-532 von Wu Da-Yu zur Versteigerung kam. Das »Bietergefecht« endete beim Preis von HKD 187.500,00 (€ 21.342,96) und damit 17% über dem oberen Schätzpreis. 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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