Wu Guanzhong
Riverside Village
Found at
Christies,
Hong Kong
Fine Chinese Modern and Contemporary Ink Paintings, Lot 1037
27. May - 27. May 2021
Fine Chinese Modern and Contemporary Ink Paintings, Lot 1037
27. May - 27. May 2021
Estimate: 800.000 - 1.200.000 HKD
Price realised: 3.000.000 HKD
Price realised: 3.000.000 HKD
Description
Wu Guanzhong (1919-2010)
Scroll, mounted and framed, ink and colour on paper
34 x 37 cm. (13 3/8 x 14 5/8 in.)
One seal of the artist
Purchased from Davidson Gallery, Seattle, USA by the present owner in 1986.
Scroll, mounted and framed, ink and colour on paper
34 x 37 cm. (13 3/8 x 14 5/8 in.)
One seal of the artist
Purchased from Davidson Gallery, Seattle, USA by the present owner in 1986.
Upper estimate price exceeded by more than 100%
This artwork by Wu Guanzhong achieved an unexpectedly high price at Christies in Hong Kong in May 2021. In the Fine Chinese Modern and Contemporary Ink Paintings auction, the work Riverside Village sold for HKD 3,000,000.00 (€ 317,123.18) - well above the upper estimate of HKD 1,200,000.00. 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 mehr als 100% übertroffen
Dieses Kunstwerk von Wu Guanzhong erzielte im Mai 2021 bei Christies in Hong Kong einen unerwartet hohen Preis. In der Auktion Fine Chinese Modern and Contemporary Ink Paintings wurde die Arbeit Riverside Village für HKD 3.000.000,00 (€ 317.123,18) versteigert – und damit weit über dem oberen Schätzpreis von HKD 1.200.000,00. 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
