Zhang Hongtu
Chairman Mao (12 Pieces)
Found at
Sothebys,
Hong Kong
The Ullens Collection - The Nascence of Avant Garde China, Lot 818
3. Apr - 3. Apr 2011
The Ullens Collection - The Nascence of Avant Garde China, Lot 818
3. Apr - 3. Apr 2011
Estimate: 120.000 - 180.000 HKD
Price realised: 1.460.000 HKD
Price realised: 1.460.000 HKD
Description
Zhang Hongtu
B. 1943
CHAIRMAN MAO (12 PIECES)
Signed in Pinyin and dated 1989 on the reverse
acrylic on paper collage mounted on wood board
Each: 21.5 by 28 cm.; 8 1/2 by 11 in.
Private Collection, Asia
B. 1943
CHAIRMAN MAO (12 PIECES)
Signed in Pinyin and dated 1989 on the reverse
acrylic on paper collage mounted on wood board
Each: 21.5 by 28 cm.; 8 1/2 by 11 in.
Private Collection, Asia
Artwork auctioned at eight times the upper estimate price
The work Chairman Mao (12 Pieces) by Zhang Hongtu was worth HKD 1,460,000.00 (€ 126,879.43) to a buyer in April 2011. This price was achieved in the auction The Ullens Collection - The Nascence of Avant Garde China at Sothebys in Hong Kong and exceeded the previously set upper estimate of HKD 180,000.00 many times over. Despite this good result, it is not the highest hammer price for an artwork by Zhang Hongtu; that achieved among the auctions we observed the lot Shen Zhou - Van Gogh #2 sold at auction in May 2007 with the realized price of HKD 1,440,000.00 (€ 137,117.37).
Kunstwerk zum Achtfachen des oberen Schätzpreises versteigert
Die Arbeit Chairman Mao (12 Pieces) von Zhang Hongtu war einem Käufer im April 2011 HKD 1.460.000,00 (€ 126.879,43) wert. Dieser Preise wurde in der Auktion The Ullens Collection - The Nascence of Avant Garde China bei Sothebys in Hong Kong erzielt und übertraf den zuvor angesetzten oberen Schätzpreis von HKD 180.000,00 um ein Vielfaches. Trotz des guten Ergebnisses ist dies nicht der höchste Zuschlag für ein Kunstwerk von Zhang Hongtu; den erzielte unter den von uns beobachteten Auktionen die Arbeit Shen Zhou - Van Gogh #2 im Mai 2007 mit dem Hammerpreis von HKD 1.440.000,00 (€ 137.117,37).
Zhang Hongtu - Auction history
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