Wenda Gu - Red Drawing (Set Of Two)

Wenda Gu

Red Drawing (Set Of Two)

Found at Sothebys, Hong Kong
Contemporary Asian Art, Lot 994
6. Oct - 6. Oct 2013
Estimate: 120.000 - 180.000 HKD
Price realised: 250.000 HKD
Description
Wenda Gu
B. 1955
RED DRAWING (SET OF TWO)
each stamped with two artist's seals, executed 1989
ink and acrylic on paper
each: 85.4 by 75.9 cm.; 33⅛ by 29⅞ in.
Acquired directly from the artist by the present owner
en de

Upper estimate price exceeded by 39 %.

The work Red Drawing (Set Of Two) by Wenda Gu was auctioned at Sothebys in Hong Kong in October 2013. It achieved a price of HKD 250,000.00 (€ 23,723.70), exceeding the upper end of the estimate range by 39%. Of course, this price has nothing to do with the top prices that other works by Wenda Gu achieve. The highest price we have observed so far was reached by the work Drama Of Two Culture Formats Merge C1-C3 (Three Works)  in April 2012 with an auction result of HKD 3,980,000.00 (€ 387,801.04).

Oberer Schätzpreis um 39 % übertroffen

Die Arbeit Red Drawing (Set Of Two) von Wenda Gu kam im Oktober 2013 bei Sothebys in Hong Kong zur Auktion. Sie erzielte dabei einen Preis von HKD 250.000,00 (€ 23.723,70) und übertraf damit das obere Ende der Schätzpreisspanne um 39%. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Wenda Gu erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit Drama Of Two Culture Formats Merge C1-C3 (Three Works)  im April 2012 mit einem Auktionsergebnis von HKD 3.980.000,00 (€ 387.801,04).

Wenda Gu - Auction history

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Bright, abstract, expressive - Tanja Thordsen

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