Cai Guo-Qiang

Golden Yuan Bills- Numinous Talismans (Painted In 2005)

Found at China Guardian, Hong Kong
Asian 20th Century and Contemporary Art, Lot 96
6. Apr - 6. Apr 2023
Estimate: 50.000 - 80.000 HKD
Price realised: 60.000 HKD
Gunpowder, ink, golden yuan bills mounted on paper
38 × 28 cm. 15 × 11 in.
Signed in Chinese and pinyin, dated on bottom left; signed in English on bottom right
Private Collection, Asia

Auction result well in line with expectations

In April this year China Guardian in Hong Kong held the auction Asian 20th Century and Contemporary Art, which included the work Golden Yuan Bills- Numinous Talismans (Painted In 2005) by Cai Guo-Qiang. The price achieved of HKD 60,000.00 (€ 61,271.74) was within expectations - the estimate range had previously been set by the auction house as HKD 50,000.00 – 80,000.00. 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).

Auktionsergebnis im Rahmen der Erwartungen

Im April diesen Jahres führte China Guardian in Hong Kong die Auktion Asian 20th Century and Contemporary Art durch, in der auch die Arbeit Golden Yuan Bills- Numinous Talismans (Painted In 2005) von Cai Guo-Qiang zur Versteigerung kam. Der dabei erzielte Preis von HKD 60.000,00 (€ 61.271,74) lag im Rahmen der Erwartungen – die Schätzpreisspanne war von dem Auktionshaus zuvor mit HKD 50.000,00 – 80.000,00 angegeben worden. 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).

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