Wu Guanzhong

the Pier

Found at POLY, Hong Kong
Fine Chinese Paintings and Calligraphy, Lot 588
28. Nov - 28. Nov 2021
Estimate: 100.000 - 150.000 HKD
Price realised: 240.000 HKD
ink and colour on paper
mounted
31.5×44cm. (12 ⅜×17 ⅜ in.)

Upper estimate price exceeded by 60 %.

The work the Pier by Wu Guanzhong was auctioned at POLY in Hong Kong in November 2021. It achieved a price of HKD 240,000.00 (€ 26,685.57), exceeding the upper end of the estimate range by 60%. 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 60 % übertroffen

Die Arbeit the Pier von Wu Guanzhong kam im November 2021 bei POLY in Hong Kong zur Auktion. Sie erzielte dabei einen Preis von HKD 240.000,00 (€ 26.685,57) und übertraf damit das obere Ende der Schätzpreisspanne um 60%. 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).

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