Wang Guangle

Terrazzo 2004.1.1 - 2004.2.5

Found at Sothebys, Hong Kong
Contemporary Art Evening Sale, Lot 1131
19. Apr - 19. Apr 2021
Estimate: 4.000.000 - 6.000.000 HKD
Price realised: 4.410.000 HKD
Wang Guangle
b. 1976
Terrazzo 2004.1.1 - 2004.2.5
oil on canvas
signed in Chinese, titled and dated 2004 on the reverse
180 by 180 cm. 70⅞ by 70⅞ in.
----------------------------------------------
王光樂
b. 1976 水磨石 2004.1.1 - 2004.2.5
Private Collection, Asia | Sotheby's, Hong Kong, 2 April, 2012, Lot 827 | Private Collection | Sotheby's, Hong Kong, 5 October 2014, Lot 1042 | Acquired from the above sale by the present owner | ---------------------------------------------- | 亞洲,私人收藏 | 香港,蘇富比,2012年4月2日,拍品編號827 | 私人收藏 | 香港,蘇富比,2014年10月5日,拍品編號1042

Auction result well in line with expectations

The work Terrazzo 2004.1.1 - 2004.2.5 by Wang Guangle was sold in the Contemporary Art Evening Sale auction at Sothebys in Hong Kong in April 2021. The estimated price for the artwork was previously given by the auction house with a range of HKD 4,000,000.00 – 6,000,000.00, the actual price achieved of HKD 4,410,000.00 (€ 472,159.60) could thus just exceed the lower estimate. Other works by Wang Guangle have already achieved higher auction prices, for example, in November 2016 the work TERRAZZO NO. 12 was auctioned for HKD 4,860,000.00 (€ 592,223.48).

Auktionsergebnis im Rahmen der Erwartungen

Die Arbeit Terrazzo 2004.1.1 - 2004.2.5 von Wang Guangle wurde im April 2021 in der Auktion Contemporary Art Evening Sale bei Sothebys in Hong Kong versteigert. Der Schätzpreis für das Kunstwerk wurde von dem Auktionshaus zuvor mit einer Spanne von HKD 4.000.000,00 – 6.000.000,00 angegeben, der tatsächlich erzielte Preis von HKD 4.410.000,00 (€ 472.159,60) konnte den unteren Schätzpreis somit knapp übertreffen. Andere Arbeiten von Wang Guangle konnten bereits höhere Auktionspreise erzielen, so wurde im November 2016 die Arbeit TERRAZZO NO. 12 für HKD 4.860.000,00 (€ 592.223,48) versteigert.

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