Wu Guanzhong
Massive Cliff
Found at
Christies,
Hong Kong
Fine Chinese Modern and Contemporary Ink Paintings, Lot 1057
1. Dec - 1. Dec 2023
Fine Chinese Modern and Contemporary Ink Paintings, Lot 1057
1. Dec - 1. Dec 2023
Estimate: 4.000.000 - 6.000.000 HKD
Price realised: 5.040.000 HKD
Price realised: 5.040.000 HKD
Description
WU GUANZHONG (1919-2010)
Massive Cliff
Scroll, mounted and framed, ink and colour on paper
67 x 67 cm. (26 3⁄8 x 26 3⁄8 in.)
Inscribed and signed, with two seals of the artist
Dated 1989
- Christie’s Hong Kong, Fine Modern and Contemporary Chinese Paintings, 30 April 2000, Lot 107. | Sotheby’s Hong Kong, Fine Chinese Paintings, 6 October 2007, Lot 315. | Sotheby’s Hong Kong, Fine Chinese Paintings, 7 October 2013, Lot 1182.
Massive Cliff
Scroll, mounted and framed, ink and colour on paper
67 x 67 cm. (26 3⁄8 x 26 3⁄8 in.)
Inscribed and signed, with two seals of the artist
Dated 1989
- Christie’s Hong Kong, Fine Modern and Contemporary Chinese Paintings, 30 April 2000, Lot 107. | Sotheby’s Hong Kong, Fine Chinese Paintings, 6 October 2007, Lot 315. | Sotheby’s Hong Kong, Fine Chinese Paintings, 7 October 2013, Lot 1182.
Auction result well in line with expectations
The work Massive Cliff by Wu Guanzhong was auctioned at Christies in Hong Kong in December this year. The price achieved of HKD 5,040,000.00 (€ 583,185.68) was within expectations - the estimate range had previously been set by the auction house as HKD 4,000,000.00 – 6,000,000.00. Of course, this price has nothing to do with the top prices that other works by Wu Guanzhong achieve. The highest price we have observed so far was reached by the work The Zhou Village in April 2016 with an auction result of HKD 236,000,000.00 (€ 26,588,934.53).
Auktionsergebnis im Rahmen der Erwartungen
Die Arbeit Massive Cliff von Wu Guanzhong kam im Dezember diesen Jahres bei Christies in Hong Kong zur Auktion. Der dabei erzielte Preis von HKD 5.040.000,00 (€ 583.185,68) lag im Rahmen der Erwartungen – die Schätzpreisspanne war von dem Auktionshaus zuvor mit HKD 4.000.000,00 – 6.000.000,00 angegeben worden. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Wu Guanzhong erzielen. Den höchsten von uns bisher beobachteten Preis erreichte 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
