Zao Wou-Ki

03.12.67

Found at Sothebys, Hong Kong
Modern Evening Auction, Lot 1037
12. APR - 27. APR 2022
Estimate: 12.000.000 - 20.000.000 HKD
Price realised: 16.105.000 HKD
Property From an Important Private Asian Collection
Zao Wou-Ki
1920 - 2013
03.12.67
oil on canvas
signed Wou-Ki in Chinese and Zao in Pinyin (lower right); signed Zao Wou-Ki, dated and titled 3.12.67 and inscribed in French on the reverse
painted in 1967
59.5 by 81 cm; 23 ⅜ by 31 ⅞ in.
This work is accompanied by a certificate of authenticity issued by Fondation Zao Wou-Ki This work will be included in the forthcoming Catalogue Raisonné currently being prepared by Françoise Marquet and Yann Hendgen (Information provided by Fondation Zao Wou-Ki)
Henry Clay Frick II, New York (acquired directly from the artist in 1968) | Private Collection, New York (by descent from the above and sold: Sotheby's, Paris, 5 June 2019, Lot 20) | Important Private Asian Collection (acquired directly from the above sale) | ---------------------------------------------- | 紐約,亨利・克萊・弗里克二世(1968年直接購自藝術家) | 紐約,私人收藏(繼承自上述來源,並售於:巴黎,蘇富比,2019年6月5日,拍品編號2

Auction result well in line with expectations

The work 03.12.67 by Zao Wou-Ki was auctioned at Sothebys in Hong Kong in April last year. The price achieved of HKD 16,105,000.00 (€ 1,947,211.73) was within expectations - the estimate range had previously been set by the auction house as HKD 12,000,000.00 – 20,000,000.00. Of course, this price has nothing to do with the top prices that other works by Zao Wou-Ki achieve. The highest price we have observed so far was reached by the work 29.09.64. in May last year with an auction result of HKD 278,000,000.00 (€ 33,004,566.21).

Auktionsergebnis im Rahmen der Erwartungen

Die Arbeit 03.12.67 von Zao Wou-Ki kam im April letzten Jahres bei Sothebys in Hong Kong zur Auktion. Der dabei erzielte Preis von HKD 16.105.000,00 (€ 1.947.211,73) lag im Rahmen der Erwartungen – die Schätzpreisspanne war von dem Auktionshaus zuvor mit HKD 12.000.000,00 – 20.000.000,00 angegeben worden. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Zao Wou-Ki erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit 29.09.64. im Mai letzten Jahres mit einem Auktionsergebnis von HKD 278.000.000,00 (€ 33.004.566,21).

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