Cai Guoqiang
Art Shopping Network
Estimate: 2.500.000 - 4.500.000 HKD
Price realised: 2.898.000 HKD
Price realised: 2.898.000 HKD
Description
Cai Guoqiang
b. 1957
Art Shopping Network
gunpowder and ink on Japanese paper, mounted on wooden framed screen, in two parts; gunpowder, ink and currency bills on paper, set of two
signed, dated 2005 and variously inscribed on the right screen; signed, dated 2005 and inscribed on the two paperworks
each screen: 200 by 150 cm. 78¾ by 59 in.
overall: 200 by 300 cm. 78¾ by 118 in.
paperwork I: 36 by 27.5 cm. 14⅛ by 10⅞ in.
paperwork II: 36 by 27 cm. 14⅛ by 10⅝ in. ----------------------------------------------
Private Collection | Ravenel Auction, Taipei, Spring 2009, Lot 54 | Private Collection | Poly Auction, Hong Kong, 5 October 2013, Lot 157 | Acquired from the above sale by the present owner | This work is accompanied with certificates of authenticity and an original DVD. | ---------------------------------------------- | 私人收藏 | 台北，羅芙奧 ，2009年春拍，拍品編號54 | 私人收藏
b. 1957
Art Shopping Network
gunpowder and ink on Japanese paper, mounted on wooden framed screen, in two parts; gunpowder, ink and currency bills on paper, set of two
signed, dated 2005 and variously inscribed on the right screen; signed, dated 2005 and inscribed on the two paperworks
each screen: 200 by 150 cm. 78¾ by 59 in.
overall: 200 by 300 cm. 78¾ by 118 in.
paperwork I: 36 by 27.5 cm. 14⅛ by 10⅞ in.
paperwork II: 36 by 27 cm. 14⅛ by 10⅝ in. ----------------------------------------------
Private Collection | Ravenel Auction, Taipei, Spring 2009, Lot 54 | Private Collection | Poly Auction, Hong Kong, 5 October 2013, Lot 157 | Acquired from the above sale by the present owner | This work is accompanied with certificates of authenticity and an original DVD. | ---------------------------------------------- | 私人收藏 | 台北，羅芙奧 ，2009年春拍，拍品編號54 | 私人收藏
Auction result well in line with expectations
The work Art Shopping Network by Cai Guo-Qiang was auctioned at Sothebys in Hong Kong in April last year. The estimated price for the artwork was previously given by the auction house with a range of HKD 2,500,000.00 – 4,500,000.00, the actual price achieved of HKD 2,898,000.00 (€ 350,389.29) could thus just exceed the lower estimate. 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).
Auktionsergebnis im Rahmen der Erwartungen
Die Arbeit Art Shopping Network von Cai Guo-Qiang kam im April letzten Jahres bei Sothebys in Hong Kong zur Auktion. Der Schätzpreis für das Kunstwerk wurde von dem Auktionshaus zuvor mit einer Spanne von HKD 2.500.000,00 – 4.500.000,00 angegeben, der tatsächlich erzielte Preis von HKD 2.898.000,00 (€ 350.389,29) konnte den unteren Schätzpreis somit knapp übertreffen. 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
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