Anne Chu

From Lapland no. 3

Found at Bonhams, New York (Online Auction)
Post-War & Contemporary ArtFeaturing a Selection of Modern & Contemporary African Art, Lot 1
29. Nov - 10. Dec 2021
Estimate: 2.000 - 3.000 USD
Price realised: 1.275 USD
ANNE CHU (1959-2016)
From Lapland no. 3
2010
tempera and oil on board
11 1/8 by 11 1/8 in.
28.3 by 28.3 cm.
This work was executed in 2010.
303 Gallery, New York | Acquired directly from the above by the present owner

Auction result misses estimated price range

When the work From Lapland no. 3 by Anne Chu was auctioned at Bonhams in New York in December 2021, the result was somewhat disappointing. The auction house had previously given the estimated price as a range of USD 2,000.00 – 3,000.00, of which not even the lower limit was reached - in fact, the artwork changed hands for USD 1,275.00 (€ 1,126.52). Of course, this price has nothing to do with the top prices that other works by Anne Chu achieve. The highest price we have observed so far was reached by the work Woman With Pigtails in November 2006 with an auction result of USD 48,000.00 (€ 36,196.37).

Auktionsergebnis verfehlt die Schätzpreisspanne

Als die Arbeit From Lapland no. 3 von Anne Chu im Dezember 2021 bei Bonhams in New York versteigert wurde, fiel das Ergebnis ein wenig enttäuschend aus. Das Auktionshaus hatte den Schätzpreis zuvor mit einer Spanne von USD 2.000,00 – 3.000,00 angegeben, von der nicht einmal die Untergrenze erreicht wurde - tatsächlich wechselte das Kunstwerk für USD 1.275,00 (€ 1.126,52) den Besitzer. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Anne Chu erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit Woman With Pigtails im November 2006 mit einem Auktionsergebnis von USD 48.000,00 (€ 36.196,37).

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