Tadao Ando

Shanghai Poly Grand Theatre (4 Works)

Found at Christies, Hong Kong (Online Auction)
Contemporary Art Asia: Hong Kong Edition, Lot 721
20.Nov - 27.Nov.2018
Estimate: 100.000 - 200.000 HKD
Price realised: 87.500 HKD
work on paper: titled “Shanghai Poly Grand Theatre”, signed ‘ANDO’ (lower middle)
one pencil and colour pencil on Japanese paper; & three archival pigment prints
work on paper: 33 x 92.5 cm. (13 x 36 3/8 in.)
each print: 33 x 63 cm. (13 x 24 3/4 in.) (3)
Executed in 2017 (4)
unique (1); & edition of 2 (3)
Private Collection, Japan

Auction result misses estimated price range

In November 2018 a collector was able to acquire the work Shanghai Poly Grand Theatre (4 Works) by Tadao Ando for HKD 87,500.00 (€ 9,875.92). This price was achieved in the auction Contemporary Art Asia: Hong Kong Edition at Christies in Hong Kong and was even below the estimate range of HKD 100,000.00 – 200,000.00 set by the auction house. Admittedly, works by Tadao Ando have also been auctioned for a multiple of this price - according to our records, the highest result so far was achieved by the work Red Tea House in February 2008 with an auction result of USD 110,000.00 (€ 72,430.37).

Auktionsergebnis verfehlt die Schätzpreisspanne

Im November 2018 konnte ein Sammler die Arbeit Shanghai Poly Grand Theatre (4 Works) von Tadao Ando für HKD 87.500,00 (€ 9.875,92) erwerben. Dieser Preis wurde in der Auktion Contemporary Art Asia: Hong Kong Edition bei Christies in Hong Kong erzielt und lag noch unterhalb der von dem Auktionshaus angesetzten Schätzpreisspanne von HKD 100.000,00 – 200.000,00. Freilich wurden Arbeiten von Tadao Ando auch schon für ein Vielfaches dieses Preises versteigert – das bisher höchste Ergebnis erzielte nach unseren Aufzeichnungen die Arbeit Red Tea House im Februar 2008 mit einem Auktionsergebnis von USD 110.000,00 (€ 72.430,37).

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