Cai Guo-Qiang
Sundial
Found at
Christies,
Hong Kong
20th and 21st Century Art Afternoon Session, Lot 295
25. May - 25. May 2021
20th and 21st Century Art Afternoon Session, Lot 295
25. May - 25. May 2021
Estimate: 600.000 - 800.000 HKD
Price realised: 2.125.000 HKD
Price realised: 2.125.000 HKD
Description
Cai Guo-Qiang (B. 1957)
titled in Chinese and titled, signed, dated and inscribed 'sundial CAI GUO QIANG 1995 Scripps College' (middle right)
gunpowder on paper (diptych)
overall: 302 x 401 cm. (118 7/8 x 157 7/8 in.)
each: 151 x 401 cm. (59 1/2 x 157 7/8 in.)
Executed in 1995
Chambers Fine Art, New York, USA | Private Collection, Asia
titled in Chinese and titled, signed, dated and inscribed 'sundial CAI GUO QIANG 1995 Scripps College' (middle right)
gunpowder on paper (diptych)
overall: 302 x 401 cm. (118 7/8 x 157 7/8 in.)
each: 151 x 401 cm. (59 1/2 x 157 7/8 in.)
Executed in 1995
Chambers Fine Art, New York, USA | Private Collection, Asia
Upper estimate price exceeded by more than 100%
This artwork by Cai Guo-Qiang achieved an unexpectedly high price at Christies in Hong Kong in May 2021. In the 20th and 21st Century Art Afternoon Session auction, the work Sundial sold for HKD 2,125,000.00 (€ 224,628.92) - well above the upper estimate of HKD 800,000.00. Admittedly, works by Cai Guo-Qiang have also been auctioned for a multiple of this price - according to our records, the highest result so far was achieved 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 um mehr als 100% übertroffen
Dieses Kunstwerk von Cai Guo-Qiang erzielte im Mai 2021 bei Christies in Hong Kong einen unerwartet hohen Preis. In der Auktion 20th and 21st Century Art Afternoon Session wurde die Arbeit Sundial für HKD 2.125.000,00 (€ 224.628,92) versteigert – und damit weit über dem oberen Schätzpreis von HKD 800.000,00. Freilich wurden Arbeiten von Cai Guo-Qiang auch schon für ein Vielfaches dieses Preises versteigert – das bisher höchste Ergebnis erzielte nach unseren Aufzeichnungen 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
