Wu Guanzhong
A Hill City
Found at
Christies,
Hong Kong
Fine Chinese Modern and Contemporary Ink Paintings, Lot 1056
1. Dec - 1. Dec 2023
Fine Chinese Modern and Contemporary Ink Paintings, Lot 1056
1. Dec - 1. Dec 2023
Estimate: 6.000.000 - 8.000.000 HKD
Price realised: 43.935.000 HKD
Price realised: 43.935.000 HKD
Description
WU GUANZHONG (1919-2010)
A Hill City
Scroll, mounted and framed, ink and colour on paper
137 x 67.5 cm. (53 7⁄8 x 26 5⁄8 in.)
With two seals of the artist
-
A Hill City
Scroll, mounted and framed, ink and colour on paper
137 x 67.5 cm. (53 7⁄8 x 26 5⁄8 in.)
With two seals of the artist
-
Artwork auctioned at five times the upper estimate price
The work A Hill City by Wu Guanzhong was worth HKD 43,935,000.00 (€ 5,083,782.32) to a buyer in December this year. This price was achieved in the auction Fine Chinese Modern and Contemporary Ink Paintings at Christies in Hong Kong and exceeded the previously set upper estimate of HKD 8,000,000.00 many times over. Admittedly, works by Wu Guanzhong have also been auctioned for a multiple of this price - according to our records, the highest result so far was achieved by the work The Zhou Village in April 2016 with an auction result of HKD 236,000,000.00 (€ 26,588,934.53).
Kunstwerk zum Fünffachen des oberen Schätzpreises versteigert
Die Arbeit A Hill City von Wu Guanzhong war einem Käufer im Dezember diesen Jahres HKD 43.935.000,00 (€ 5.083.782,32) wert. Dieser Preise wurde in der Auktion Fine Chinese Modern and Contemporary Ink Paintings bei Christies in Hong Kong erzielt und übertraf den zuvor angesetzten oberen Schätzpreis von HKD 8.000.000,00 um ein Vielfaches. Freilich wurden Arbeiten von Wu Guanzhong auch schon für ein Vielfaches dieses Preises versteigert – das bisher höchste Ergebnis erzielte nach unseren Aufzeichnungen die Arbeit The Zhou Village im April 2016 mit einem Auktionsergebnis von HKD 236.000.000,00 (€ 26.588.934,53).
Wu Guanzhong - Auction history
Other artists in this auction
