David Wu Ject-Key - Harbour

David Wu Ject-Key

Harbour

Found at Sothebys, Hong Kong
20th Century Chinese Art, Lot 5125
6. Oct - 6. Oct 2014
Estimate: 120.000 - 180.000 HKD
Price realised: 81.250 HKD
Description
David Wu Ject-Key
1890-1968
HARBOUR
signed in Pinyin and Chinese and stamped with the artist's seal; dated 56 Summer on the reverse
oil on canvas
35.5 by 71.5 cm. 14 by 28 1/8 in.
Private American Collection
en de

Auction result misses estimated price range

In October 2014 a collector was able to acquire the work Harbour by David Wu Ject-Key for HKD 81,250.00 (€ 8,364.92). This price was achieved in the auction 20th Century Chinese Art at Sothebys in Hong Kong and was even below the estimate range of HKD 120,000.00 – 180,000.00 set by the auction house. Of course, this price has nothing to do with the top prices that other works by David Wu Ject-Key achieve. The highest price we have observed so far was reached by the work Ladies Under The Pine in April 2016 with an auction result of HKD 750,000.00 (€ 84,498.73).

Auktionsergebnis verfehlt die Schätzpreisspanne

Im Oktober 2014 konnte ein Sammler die Arbeit Harbour von David Wu Ject-Key für HKD 81.250,00 (€ 8.364,92) erwerben. Dieser Preis wurde in der Auktion 20th Century Chinese Art bei Sothebys in Hong Kong erzielt und lag noch unterhalb der von dem Auktionshaus angesetzten Schätzpreisspanne von HKD 120.000,00 – 180.000,00. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von David Wu Ject-Key erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit Ladies Under The Pine im April 2016 mit einem Auktionsergebnis von HKD 750.000,00 (€ 84.498,73).

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