- Art.Salon
- Artists
- Wu Guanzhong
- Chongqing Of The Old Times (Painted In 1996)
Wu Guanzhong
Chongqing Of The Old Times (Painted In 1996)
Found at
China Guardian,
Hong Kong
Asian 20th Century and Contemporary Art, Lot 44
6. Apr - 6. Apr 2023
Asian 20th Century and Contemporary Art, Lot 44
6. Apr - 6. Apr 2023
Estimate: 8.000.000 - 12.000.000 HKD
Price realised: 9.510.000 HKD
Price realised: 9.510.000 HKD
Description
Oil on wood panel
44 × 45.8 cm. 17 3/8 × 18 in.
Signed in Chinese and dated on bottom right; signed and titled in Chinese and dated on the reverse
LITERATURE
1999, Art Exhibition Collection of Wu Guanzhong, Ministry of Culture of the People's Republic of China and National Art Mueseum of China, Beijing, p.109
2003, Wu Guanzhong - Connoisseur's Choice I, People Fine Arts Publishing House, Beijing, p.236-237
2007, The Complete Works of Wu Guanzhong, vol. IV, Hunan Art Publishing House, Changsha, p.159
EXHIBITED
5 Nov – 2 Dec 1999, Art Exhibition Collection of Wu Guanzhong, National Art Museum of China, Beijing
4 Nov 2005, China Guardian Autumn Auction, Lot 18 | Acquired directly by present important private Asian collector from the above
44 × 45.8 cm. 17 3/8 × 18 in.
Signed in Chinese and dated on bottom right; signed and titled in Chinese and dated on the reverse
LITERATURE
1999, Art Exhibition Collection of Wu Guanzhong, Ministry of Culture of the People's Republic of China and National Art Mueseum of China, Beijing, p.109
2003, Wu Guanzhong - Connoisseur's Choice I, People Fine Arts Publishing House, Beijing, p.236-237
2007, The Complete Works of Wu Guanzhong, vol. IV, Hunan Art Publishing House, Changsha, p.159
EXHIBITED
5 Nov – 2 Dec 1999, Art Exhibition Collection of Wu Guanzhong, National Art Museum of China, Beijing
4 Nov 2005, China Guardian Autumn Auction, Lot 18 | Acquired directly by present important private Asian collector from the above
Auction result well in line with expectations
The work Chongqing Of The Old Times (Painted In 1996) by Wu Guanzhong was sold in the Asian 20th Century and Contemporary Art auction at China Guardian in Hong Kong in April this year. The price achieved of HKD 9,510,000.00 (€ 9,711,570.65) was within expectations - the estimate range had previously been set by the auction house as HKD 8,000,000.00 – 12,000,000.00. However, buyers have had to dig much deeper into their pockets for other works by Wu Guanzhong - we have observed the highest auction result to date for the work The Zhou Village, which sold at auction in April 2016 for HKD 236,000,000.00 (€ 26,588,934.53).
Auktionsergebnis im Rahmen der Erwartungen
Die Arbeit Chongqing Of The Old Times (Painted In 1996) von Wu Guanzhong wurde im April diesen Jahres in der Auktion Asian 20th Century and Contemporary Art bei China Guardian in Hong Kong versteigert. Der dabei erzielte Preis von HKD 9.510.000,00 (€ 9.711.570,65) lag im Rahmen der Erwartungen – die Schätzpreisspanne war von dem Auktionshaus zuvor mit HKD 8.000.000,00 – 12.000.000,00 angegeben worden. Für andere Arbeiten von Wu Guanzhong mussten die Käufer allerdings auch schon deutlich tiefer in die Tasche greifen – das bisher höchste Auktionsergebnis haben wir für die Arbeit The Zhou Village beobachtet, die im April 2016 für HKD 236.000.000,00 (€ 26.588.934,53) versteigert wurde.