Wu Guanzhong

Warm Spring in the Mountain Village

Found at POLY, Hong Kong
Modern and Contemporary Art Evening Sale, Lot 18
12. Jul - 12. Jul 2022
Estimate: 16.000.000 - 24.000.000 HKD
Price realised: 28.200.000 HKD
Year: Painted in 1976
Media: oil on board
Size: 46 x 61 cm. (18 x 24 in.)
Inscription: signed in Chinese; dated '76' (lower left); inscribed, signed and dated in Chinese (on the reverse)
Exhibited: China, Hong Kong, Hong Kong Convention and Exhibition Centre, Spirit of the East: Paintings by Wu Guanzhong, 18-22 November, 1993.
Literature: Spirit of the East by Wu Guanzhong, L’Atelier Production Pte Ltd., Singapore, 1993 (illustrated, p. 15).Wu Guanzhong-A Selection of 128 Fine Works, L’Atelier Production Pte Ltd., Singapore, 1996 (illustrated, plate 38, p. 87).About Wu Guanzhong (Selection of articles about Wu Guanzhong), Guangxi Fine Arts Publishing House, Nanning, China, 1999 (illustrated, p. 139).Wu Guanzhong-Connoisseur’s Choice I, People Fine Arts Publishing House, Beijing, China, 2003 (illustrated, plate 27, pp. 78-79).The Landscape of Life Vol. I: Wu Guanzhong Album in Art, Joint Publishing Ltd., Beijing, China, 2003 (illustrated, p. 131).The Complete Works of Wu Guanzhong Vol. III, Hunan Fine Arts Publishing House, Changsha, China, 2007 (illustrated, p. 56).Wu Guanzhong’s Paintings-Volume 2, Jiangxi Fine Arts Publishing House, Nanchang, China, 2008 (illustrated, p. 302).Watching the Sunrise-The World in Teacher Wu Guanzhong’s 66 Letters, China Architecture and Building Press, Beijing, China

Upper estimated price slightly exceeded

In July last year POLY in Hong Kong held the auction Modern and Contemporary Art Evening Sale, which included the work Warm Spring in the Mountain Village by Wu Guanzhong. The »bidding war« ended at HKD 28,200,000.00 (€ 3,518,780.63), 18% above the upper estimate. Admittedly, works by Wu Guanzhong have also been auctioned for a multiple of this price - according to our records, the highest result so far was achieved 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 leicht übertroffen

Im Juli letzten Jahres führte POLY in Hong Kong die Auktion Modern and Contemporary Art Evening Sale durch, in der auch die Arbeit Warm Spring in the Mountain Village von Wu Guanzhong zur Versteigerung kam. Das »Bietergefecht« endete beim Preis von HKD 28.200.000,00 (€ 3.518.780,63) und damit 18% über dem oberen Schätzpreis. Freilich wurden Arbeiten von Wu Guanzhong auch schon für ein Vielfaches dieses Preises versteigert – das bisher höchste Ergebnis erzielte nach unseren Aufzeichnungen 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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