Cai Guo-Qiang
Project for Extraterrestrial No. 9: Fetus Movement II
Estimate: 300.000 - 500.000 HKD
Price realised: 384.000 HKD
Price realised: 384.000 HKD
Description
Executed in 1992
Gunpowder and ink on paper
89 × 64 cm. (35 × 25 ¼ in.)
signed ‘CAI GUOQIANG’ (lower right)
Gunpowder and ink on paper
89 × 64 cm. (35 × 25 ¼ in.)
signed ‘CAI GUOQIANG’ (lower right)
Auction result well in line with expectations
In April 2021 POLY in Hong Kong held the auction Modern and Contemporary Art, which included the work Project for Extraterrestrial No. 9: Fetus Movement II by Cai Guo-Qiang. The price achieved of HKD 384,000.00 (€ 41,113.22) was within expectations - the estimate range had previously been set by the auction house as HKD 300,000.00 – 500,000.00. 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 2021 führte POLY in Hong Kong die Auktion Modern and Contemporary Art durch, in der auch die Arbeit Project for Extraterrestrial No. 9: Fetus Movement II von Cai Guo-Qiang zur Versteigerung kam. Der dabei erzielte Preis von HKD 384.000,00 (€ 41.113,22) lag im Rahmen der Erwartungen – die Schätzpreisspanne war von dem Auktionshaus zuvor mit HKD 300.000,00 – 500.000,00 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).
Cai Guo-Qiang - Auction history
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