Chiu Ya-Tsai

Modern Middle Class

Found at Bonhams, London (Online Auction)
Cherry Picked Modern & Contemporary Art Online, Lot 21
28. Jul - 4. Aug 2023
Estimate: 60.000 - 100.000 HKD
Price realised: 243.200 HKD
Chiu Ya-Tsai (Qiu Yacai) (1949-2013)
Modern Middle Class
signed on the lower right and titled on the stretcher
oil on canvas
193.5 x 117 cm (76 3/16 x 46 1/16 in)
Private Collection, Asia

Upper estimate price exceeded by more than 100%

This artwork by Qiu Yacai achieved an unexpectedly high price at Bonhams in London in August this year. In the Cherry Picked Modern & Contemporary Art Online auction, the work Modern Middle Class sold for HKD 243,200.00 (€ 28,607.81) - well above the upper estimate of HKD 100,000.00. Admittedly, works by Qiu Yacai have also been auctioned for a multiple of this price - according to our records, the highest result so far was achieved by the work Model(Painted In 1993) in October 2017 with an auction result of HKD 1,534,000.00 (€ 168,834.82).

Oberer Schätzpreis um mehr als 100% übertroffen

Dieses Kunstwerk von Qiu Yacai erzielte im August diesen Jahres bei Bonhams in London einen unerwartet hohen Preis. In der Auktion Cherry Picked Modern & Contemporary Art Online wurde die Arbeit Modern Middle Class für HKD 243.200,00 (€ 28.607,81) versteigert – und damit weit über dem oberen Schätzpreis von HKD 100.000,00. Freilich wurden Arbeiten von Qiu Yacai auch schon für ein Vielfaches dieses Preises versteigert – das bisher höchste Ergebnis erzielte nach unseren Aufzeichnungen die Arbeit Model(Painted In 1993) im Oktober 2017 mit einem Auktionsergebnis von HKD 1.534.000,00 (€ 168.834,82).

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