Cai Guo-qiang
Explosion(Painted in 1988)
Estimate: 70.000 - 100.000 HKD
Price realised: 117.600 HKD
Price realised: 117.600 HKD
Description
Gunpowder on paper mounted on canvas
27.5 × 36.2 cm. 10 7/8 × 14 1/4 in.
Signed in pinyin and dated on bottom right
14 Jun 2008, Mainichi Tokyo Spring Auction, Lot 905 | Important Private Collection, Asia
27.5 × 36.2 cm. 10 7/8 × 14 1/4 in.
Signed in pinyin and dated on bottom right
14 Jun 2008, Mainichi Tokyo Spring Auction, Lot 905 | Important Private Collection, Asia
Upper estimated price slightly exceeded
The work Explosion(Painted in 1988) by Cai Guo-Qiang was sold in the Asian 20th Century and Contemporary Art auction at China Guardian in October last year. The »bidding war« ended at HKD 117,600.00 (€ 15,069.94), 18% above the upper estimate. Of course, this price has nothing to do with the top prices that other works by Cai Guo-Qiang achieve. The highest price we have observed so far was reached by the work Project For Extraterrestrials No.10, Project To Extend The Great Wall Of China in October 2007 with an auction result of HKD 20,487,500.00 (€ 1,826,712.40).
Oberer Schätzpreis leicht übertroffen
Die Arbeit Explosion(Painted in 1988) von Cai Guo-Qiang wurde im Oktober letzten Jahres in der Auktion Asian 20th Century and Contemporary Art bei China Guardian versteigert. Das »Bietergefecht« endete beim Preis von HKD 117.600,00 (€ 15.069,94) und damit 18% über dem oberen Schätzpreis. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Cai Guo-Qiang erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit Project For Extraterrestrials No.10, Project To Extend The Great Wall Of China im Oktober 2007 mit einem Auktionsergebnis von HKD 20.487.500,00 (€ 1.826.712,40).
Cai Guo-Qiang - Auction history
Other artists in this auction
