Wang Guangle

90917

Found at Christies, Shanghai
20th Century & Contemporary Art (Evening Sale), Lot 221
24.Sep - 24.Sep.2017
Estimate: 1.000.000 - 1.500.000 CNY
Price realised: 2.160.000 CNY
inscribed title, medium and size; signed in Chinese (on the reverse)
acrylic on canvas
180 x 160 cm. (70 7/8 x 63 in.)
Painted in 2009
Private Collection, Asia

Upper estimate price exceeded by 44 %.

The work 90917 by Wang Guangle was sold in the 20th Century & Contemporary Art (Evening Sale) auction at Christies in Shanghai in September 2017. It achieved a price of CNY 2,160,000.00 (€ 274,822.65), exceeding the upper end of the estimate range by 44%. However, buyers have had to dig much deeper into their pockets for other works by Wang Guangle - we have observed the highest auction result to date for the work TERRAZZO NO. 12, which sold at auction in November 2016 for HKD 4,860,000.00 (€ 592,223.48).

Oberer Schätzpreis um 44 % übertroffen

Die Arbeit 90917 von Wang Guangle wurde im September 2017 in der Auktion 20th Century & Contemporary Art (Evening Sale) bei Christies in Shanghai versteigert. Sie erzielte dabei einen Preis von CNY 2.160.000,00 (€ 274.822,65) und übertraf damit das obere Ende der Schätzpreisspanne um 44%. Für andere Arbeiten von Wang Guangle mussten die Käufer allerdings auch schon deutlich tiefer in die Tasche greifen – das bisher höchste Auktionsergebnis haben wir für die Arbeit TERRAZZO NO. 12 beobachtet, die im November 2016 für HKD 4.860.000,00 (€ 592.223,48) versteigert wurde.

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