Wang Guangle

Terrazzo 2004.2.7 - 2004.4.5

Found at Sothebys, Hong Kong
Modern and Contemporary Asian Art Evening Sale, Lot 1081
3. Apr - 3. Apr 2016
Estimate: 2.500.000 - 3.500.000 HKD
Price realised: 4.280.000 HKD
Wang Guangle
B. 1976
TERRAZZO 2004.2.7 - 2004.4.5
signed and titled in Chinese and dated 2004 on the reverse, framed
oil on canvas
179.9 by 179.9 cm; 70¾ by 70¾ in.
Private European Collection

Upper estimated price slightly exceeded

In April 2016 Sothebys in Hong Kong held the auction Modern and Contemporary Asian Art Evening Sale, which included the work Terrazzo 2004.2.7 - 2004.4.5 by Wang Guangle. The »bidding war« ended at HKD 4,280,000.00 (€ 482,206.10), 22% above the upper estimate. 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 leicht übertroffen

Im April 2016 führte Sothebys in Hong Kong die Auktion Modern and Contemporary Asian Art Evening Sale durch, in der auch die Arbeit Terrazzo 2004.2.7 - 2004.4.5 von Wang Guangle zur Versteigerung kam. Das »Bietergefecht« endete beim Preis von HKD 4.280.000,00 (€ 482.206,10) und damit 22% über dem oberen Schätzpreis. 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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