Wang Chuan

Untitled, 2003

Found at Bonhams
Chinese Paintings Online 20th century and Beyond!, Lot 848
30. Nov - 8. Dec 2022
Estimate: 3.000 - 5.000 USD
Price realised: 1.913 USD
WANG CHUAN (BORN 1953)
Untitled, 2003
Ink and color on paper, mounted, framed and glazed, inscribed by the artist, Wang 03, with one seal.
35 x 38in (89 x 96.6cm)
Hanart TZ Gallery, Hong Kong

Auction result misses estimated price range

When the work Untitled, 2003 by Wang Chuan was auctioned at Bonhams in December last year, the result was somewhat disappointing. The auction house had previously given the estimated price as a range of USD 3,000.00 – 5,000.00, of which not even the lower limit was reached - in fact, the artwork changed hands for USD 1,912.50 (€ 1,787.72). Of course, this price has nothing to do with the top prices that other works by Wang Chuan achieve. The highest price we have observed so far was reached by the work Beliefs in May 2016 with an auction result of HKD 475,000.00 (€ 54,901.21).

Auktionsergebnis verfehlt die Schätzpreisspanne

Als die Arbeit Untitled, 2003 von Wang Chuan im Dezember letzten Jahres bei Bonhams versteigert wurde, fiel das Ergebnis ein wenig enttäuschend aus. Das Auktionshaus hatte den Schätzpreis zuvor mit einer Spanne von USD 3.000,00 – 5.000,00 angegeben, von der nicht einmal die Untergrenze erreicht wurde - tatsächlich wechselte das Kunstwerk für USD 1.912,50 (€ 1.787,72) den Besitzer. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Wang Chuan erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit Beliefs im Mai 2016 mit einem Auktionsergebnis von HKD 475.000,00 (€ 54.901,21).

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