Liu Guofu
Open 18
Found at
POLY,
Hong Kong
Chinese and Asian Modern and Contemporary Art, Lot 271
6. Apr - 6. Apr 2015
Chinese and Asian Modern and Contemporary Art, Lot 271
6. Apr - 6. Apr 2015
Estimate: 250.000 - 350.000 HKD
Price realised: 495.600 HKD
Price realised: 495.600 HKD
Description
Painted in 2014
oil on canvas
150 x 130 cm. (59 x 51 in.)
titled, inscribed, dated and signed in Chinese; inscribed '130 x 150 cm. 2014' (on the reverse)
oil on canvas
150 x 130 cm. (59 x 51 in.)
titled, inscribed, dated and signed in Chinese; inscribed '130 x 150 cm. 2014' (on the reverse)
Upper estimate price exceeded by 42 %.
In April 2015 POLY in Hong Kong held the auction Chinese and Asian Modern and Contemporary Art, which included the work Open 18 by Liu Guofu. The »bidding war« ended at HKD 495,600.00 (€ 57,276.83), 42% above the upper estimate. However, buyers have had to dig much deeper into their pockets for other works by Liu Guofu - we have observed the highest auction result to date for the work Cold Mountain No. 6, which sold at auction in April last year for HKD 1,512,000.00 (€ 182,811.81).
Oberer Schätzpreis um 42 % übertroffen
Im April 2015 führte POLY in Hong Kong die Auktion Chinese and Asian Modern and Contemporary Art durch, in der auch die Arbeit Open 18 von Liu Guofu zur Versteigerung kam. Das »Bietergefecht« endete beim Preis von HKD 495.600,00 (€ 57.276,83) und damit 42% über dem oberen Schätzpreis. Für andere Arbeiten von Liu Guofu mussten die Käufer allerdings auch schon deutlich tiefer in die Tasche greifen – das bisher höchste Auktionsergebnis haben wir für die Arbeit Cold Mountain No. 6 beobachtet, die im April letzten Jahres für HKD 1.512.000,00 (€ 182.811,81) versteigert wurde.