Wang Guangle

Terrazzo 2003. 5

Found at Sothebys, Hong Kong
Contemporary Art Evening Sale, Lot 1130
9. Jul - 9. Jul 2020
Estimate: 2.000.000 - 3.000.000 HKD
Price realised: 4.000.000 HKD
Wang Guangle
B. 1976
TERRAZZO 2003. 5
signed in Chinese, titled in Chinese and dated 2003.5 on the reverse
acrylic on canvas
180 by 140 cm.   70⅞ by 55⅛ in.
Private Collection, Asia | Hanhai Auction, Beijing, 18 November 2011, Lot 1703 | Private Collection, Europe | Sotheby's, Hong Kong, 4 April 2015, Lot 1041 | Acquired from the above sale by the present owner

Upper estimate price exceeded by 33 %.

The work Terrazzo 2003. 5 by Wang Guangle was auctioned at Sothebys in Hong Kong in July 2020. It achieved a price of HKD 4,000,000.00 (€ 438,253.78), exceeding the upper end of the estimate range by 33%. Other works by Wang Guangle have achieved even higher prices, we observed the highest auction result so far of HKD 4,860,000.00 (€ 592,223.48) in November 2016 for the work TERRAZZO NO. 12.

Oberer Schätzpreis um 33 % übertroffen

Die Arbeit Terrazzo 2003. 5 von Wang Guangle kam im Juli 2020 bei Sothebys in Hong Kong zur Auktion. Sie erzielte dabei einen Preis von HKD 4.000.000,00 (€ 438.253,78) und übertraf damit das obere Ende der Schätzpreisspanne um 33%. Andere Arbeiten von Wang Guangle haben noch höhere Preise erzielt - wir haben das bisher höchste Auktionsergebnis von HKD 4.860.000,00 (€ 592.223,48) im November 2016 für die Arbeit TERRAZZO NO. 12 beobachtet.

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