Wu Chi-Tsung

Wire II

Found at Christies, Hong Kong
Asian Contemporary Art (Day Sale), Lot 311
26.Nov - 26.Nov.2017
Estimate: 80.000 - 120.000 HKD
Price realised: 100.000 HKD
metal, glass, acrylic tube installation
dimensions variable
Executed in 2003

Auction result well in line with expectations

In November 2017 Christies in Hong Kong held the auction Asian Contemporary Art (Day Sale), which included the work Wire II by Wu Chi-Tsung. The price achieved of HKD 100,000.00 (€ 10,766.52) was within expectations - the estimate range had previously been set by the auction house as HKD 80,000.00 – 120,000.00. However, buyers have had to dig much deeper into their pockets for other works by Wu Chi-Tsung - we have observed the highest auction result to date for the work Wire I, which sold at auction in October 2016 for HKD 250,000.00 (€ 29,419.81).

Auktionsergebnis im Rahmen der Erwartungen

Im November 2017 führte Christies in Hong Kong die Auktion Asian Contemporary Art (Day Sale) durch, in der auch die Arbeit Wire II von Wu Chi-Tsung zur Versteigerung kam. Der dabei erzielte Preis von HKD 100.000,00 (€ 10.766,52) lag im Rahmen der Erwartungen – die Schätzpreisspanne war von dem Auktionshaus zuvor mit HKD 80.000,00 – 120.000,00 angegeben worden. Für andere Arbeiten von Wu Chi-Tsung mussten die Käufer allerdings auch schon deutlich tiefer in die Tasche greifen – das bisher höchste Auktionsergebnis haben wir für die Arbeit Wire I beobachtet, die im Oktober 2016 für HKD 250.000,00 (€ 29.419,81) versteigert wurde.

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