Wu Guanzhong
Sunrise
Found at
China Guardian,
Hong Kong
Fine Chinese Paintings and Calligraphy, Lot 327
5. Apr - 5. Apr 2023
Fine Chinese Paintings and Calligraphy, Lot 327
5. Apr - 5. Apr 2023
Estimate: 80.000 - 120.000 HKD
Price realised: 480.000 HKD
Price realised: 480.000 HKD
Description
Hanging scroll; ink and colour on paper
37×34 cm. 14 5/8×13 3/8 in. 約1.1平尺
Signed Tu, dated 1977, with one artist seal.
37×34 cm. 14 5/8×13 3/8 in. 約1.1平尺
Signed Tu, dated 1977, with one artist seal.
Artwork auctioned at four times the upper estimate price
The work Sunrise by Wu Guanzhong was worth HKD 480,000.00 (€ 490,173.91) to a buyer in April this year. This price was achieved in the auction Fine Chinese Paintings and Calligraphy at China Guardian in Hong Kong and exceeded the previously set upper estimate of HKD 120,000.00 many times over. 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).
Kunstwerk zum Vierfachen des oberen Schätzpreises versteigert
Die Arbeit Sunrise von Wu Guanzhong war einem Käufer im April diesen Jahres HKD 480.000,00 (€ 490.173,91) wert. Dieser Preise wurde in der Auktion Fine Chinese Paintings and Calligraphy bei China Guardian in Hong Kong erzielt und übertraf den zuvor angesetzten oberen Schätzpreis von HKD 120.000,00 um ein Vielfaches. 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
