Zao Wou-Ki

BEAUREGARD

Found at Christies, Hong Kong
Asian 20th Century Art (Day Sale), Lot 587
28.Mai - 28.Mai.2017
Estimate: 60.000 - 120.000 HKD
Price realised: 100.000 HKD
signed in Chinese; signed 'ZAO' (lower right of one print and on colophon); inscribed 'Philippe Jaccottet' (lower middle of the colophon)
a set of five lithographs in an editioned book
each print: 24 x 17.5 cm (9 1/2 x 6 7/8 in.) (5)
box size: 26 x 19.5 x 4 cm (10 1/4 x 7 3/4 x 1 1/2 in.)
edition 106/120
Executed in 1981
Private Collection, Europe

Auction result well in line with expectations

In May 2017 Christies in Hong Kong held the auction Asian 20th Century Art (Day Sale), which included the work BEAUREGARD by Zao Wou-Ki. The price achieved of HKD 100,000.00 (€ 11,418.65) was within expectations - the estimate range had previously been set by the auction house as HKD 60,000.00 – 120,000.00. Of course, this price has nothing to do with the top prices that other works by Zao Wou-Ki achieve. The highest price we have observed so far was reached by the work 29.09.64. in May last year with an auction result of HKD 278,000,000.00 (€ 33,004,566.21).

Auktionsergebnis im Rahmen der Erwartungen

Im Mai 2017 führte Christies in Hong Kong die Auktion Asian 20th Century Art (Day Sale) durch, in der auch die Arbeit BEAUREGARD von Zao Wou-Ki zur Versteigerung kam. Der dabei erzielte Preis von HKD 100.000,00 (€ 11.418,65) lag im Rahmen der Erwartungen – die Schätzpreisspanne war von dem Auktionshaus zuvor mit HKD 60.000,00 – 120.000,00 angegeben worden. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Zao Wou-Ki erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit 29.09.64. im Mai letzten Jahres mit einem Auktionsergebnis von HKD 278.000.000,00 (€ 33.004.566,21).

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