Zhu Wei

Tightrope Series

Found at Sothebys, Hong Kong
Contemporary Ink Art: Confluence, Lot 863
2. Oct - 2. Oct 2017
Estimate: 10.000 - 20.000 HKD
Price realised: 81.250 HKD
Zhu Wei
B. 1966
TIGHTROPE SERIES
painted in 1996-1997
signed, titled and marked with three seals of the artist 
ink and colour on paper mounted on red silk, hanging scroll
133.3 by 33.4 cm; 52½ by 13⅛ in.  
Private Asian Collection

Artwork auctioned at four times the upper estimate price

When the work Tightrope Series by Zhu Wei was auctioned at Sothebys in Hong Kong in October 2017, the result exceeded expectations many times over. The upper estimate was set at a - in retrospect quite modest - HKD 20,000.00 but the actual price achieved was more than four times as high at HKD 81,250.00 (€ 8,942.52). Of course, this price has nothing to do with the top prices that other works by Zhu Wei achieve. The highest price we have observed so far was reached by the work Ink And Wash Research Lectures Series in October 2013 with an auction result of HKD 7,475,000.00 (€ 709,338.68).

Kunstwerk zum Vierfachen des oberen Schätzpreises versteigert

Als die Arbeit Tightrope Series von Zhu Wei im Oktober 2017 bei Sothebys in Hong Kong versteigert wurde, übertraf das Ergebnis die Erwartungen um ein Vielfaches. Der obere Schätzpreis war mit – rückwirkend betrachtet recht bescheidenen – HKD 20.000,00 angesetzt, der tatsächlich erzielte Preis hingegen war mit HKD 81.250,00 (€ 8.942,52) mehr als viermal so hoch. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Zhu Wei erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit Ink And Wash Research Lectures Series im Oktober 2013 mit einem Auktionsergebnis von HKD 7.475.000,00 (€ 709.338,68).

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