Gao Yu

Forging New Political Products

Found at Sothebys, Hong Kong
Contemporary Chinese Art II, Lot 921
9. Apr - 9. Apr 2008
Estimate: 60.000 - 100.000 HKD
Price realised: 235.500 HKD
Gao Yu
B. 1981
FORGING NEW POLITICAL PRODUCTS
signed in Chinese and dated 2004; signed and titled in Chinese and dated 2004 on the reverse
acrylic on canvas
200 by 200cm.; 78 3/4 by 78 3/4 in.

Upper estimate price exceeded by more than 100%

This artwork by Gao Yu achieved an unexpectedly high price at Sothebys in Hong Kong in April 2008. In the Contemporary Chinese Art II auction, the work Forging New Political Products sold for HKD 235,500.00 (€ 19,408.18) - well above the upper estimate of HKD 100,000.00. Admittedly, works by Gao Yu have also been auctioned for a multiple of this price - according to our records, the highest result so far was achieved by the work National Treasure(Painted in 2006) in October last year with an auction result of HKD 912,000.00 (€ 116,868.93).

Oberer Schätzpreis um mehr als 100% übertroffen

Dieses Kunstwerk von Gao Yu erzielte im April 2008 bei Sothebys in Hong Kong einen unerwartet hohen Preis. In der Auktion Contemporary Chinese Art II wurde die Arbeit Forging New Political Products für HKD 235.500,00 (€ 19.408,18) versteigert – und damit weit über dem oberen Schätzpreis von HKD 100.000,00. Freilich wurden Arbeiten von Gao Yu auch schon für ein Vielfaches dieses Preises versteigert – das bisher höchste Ergebnis erzielte nach unseren Aufzeichnungen die Arbeit National Treasure(Painted in 2006) im Oktober letzten Jahres mit einem Auktionsergebnis von HKD 912.000,00 (€ 116.868,93).

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