Wu Guanzhong
Ancient Tree
Found at
Christies,
Köln
Fine Chinese Modern and Contemporary Ink Paintings, Lot 1103
31. May - 31. May 2023
Fine Chinese Modern and Contemporary Ink Paintings, Lot 1103
31. May - 31. May 2023
Estimate: XX.XXX
Price realised: XX.XXX
Price realised: XX.XXX
Description
WU GUANZHONG (1919-2010)
Ancient Tree
Scroll, mounted and framed, ink and colour on paper
69 x 49.5 cm. (27 1/8 x 19 1/2 in.)
Inscribed and signed, with two seals of the artist
Dated 1991
Ancient Tree
Scroll, mounted and framed, ink and colour on paper
69 x 49.5 cm. (27 1/8 x 19 1/2 in.)
Inscribed and signed, with two seals of the artist
Dated 1991
Upper estimate price exceeded by 41 %.
The work Ancient Tree by Wu Guanzhong was sold in the Fine Chinese Modern and Contemporary Ink Paintings auction at Christies in Cologne in May this year. The »bidding war« ended at HKD 3,528,000.00 (€ 422,869.91), 41% above the upper estimate. Of course, this price has nothing to do with the top prices that other works by Wu Guanzhong achieve. The highest price we have observed so far was reached by the work The Zhou Village in April 2016 with an auction result of HKD 236,000,000.00 (€ 26,588,934.53).
Oberer Schätzpreis um 41 % übertroffen
Die Arbeit Ancient Tree von Wu Guanzhong wurde im Mai diesen Jahres in der Auktion Fine Chinese Modern and Contemporary Ink Paintings bei Christies in Köln versteigert. Das »Bietergefecht« endete beim Preis von HKD 3.528.000,00 (€ 422.869,91) und damit 41% über dem oberen Schätzpreis. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Wu Guanzhong erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit The Zhou Village im April 2016 mit einem Auktionsergebnis von HKD 236.000.000,00 (€ 26.588.934,53).
Wu Guanzhong - Auction history
Other artists in this auction
