Tung Chiao - Fortune

Tung Chiao

Fortune

Found at Christies, Hong Kong (Online Auction)
Dawn of Spring: Chinese Paintings Online, Lot 15
14. Feb - 2. Mar 2022
Estimate: 8.000 - 12.000 HKD
Price realised: 16.380 HKD
Description
TUNG CHIAO (B. 1942)
Fortune
Scroll, mounted and framed, ink on gold-flecked red paper
33 x 33 cm. (13 x 13 in.)
Signed, with one seal of the artist
-
en de

Upper estimate price exceeded by 37 %.

In March last year Christies in Hong Kong held the auction Dawn of Spring: Chinese Paintings Online, which included the work Fortune by Tung Chiao. The »bidding war« ended at HKD 16,380.00 (€ 1,885.63), 37% above the upper estimate. Of course, this price has nothing to do with the top prices that other works by Tung Chiao achieve. The highest price we have observed so far was reached by the work Literati in October 2020 with an auction result of HKD 252,000.00 (€ 27,911.05).

Oberer Schätzpreis um 37 % übertroffen

Im März letzten Jahres führte Christies in Hong Kong die Auktion Dawn of Spring: Chinese Paintings Online durch, in der auch die Arbeit Fortune von Tung Chiao zur Versteigerung kam. Das »Bietergefecht« endete beim Preis von HKD 16.380,00 (€ 1.885,63) und damit 37% über dem oberen Schätzpreis. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Tung Chiao erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit Literati im Oktober 2020 mit einem Auktionsergebnis von HKD 252.000,00 (€ 27.911,05).

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