Zhu Wei

Untitled No. 1

Found at POLY
Modern and Contemporary Art, Lot 230
29. Mar - 29. Mar 2018
Estimate: 200.000 - 400.000 HKD
Price realised: 236.000 HKD
Painted in 2001
ink and colour on paper
114 x 95.3 cm. (45 x 37 1/2 in.)

Auction result well in line with expectations

The work Untitled No. 1 by Zhu Wei was auctioned at POLY in March 2018. The estimated price for the artwork was previously given by the auction house with a range of HKD 200,000.00 – 400,000.00, the actual price achieved of HKD 236,000.00 (€ 24,404.55) could thus just exceed the lower estimate. 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).

Auktionsergebnis im Rahmen der Erwartungen

Die Arbeit Untitled No. 1 von Zhu Wei kam im März 2018 bei POLY zur Auktion. Der Schätzpreis für das Kunstwerk wurde von dem Auktionshaus zuvor mit einer Spanne von HKD 200.000,00 – 400.000,00 angegeben, der tatsächlich erzielte Preis von HKD 236.000,00 (€ 24.404,55) konnte den unteren Schätzpreis somit knapp übertreffen. 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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