Zhang Hui
Beijing Wawa Painting
Found at
Sothebys,
New York (Online Auction)
Contemporary Art Online | New York, Lot 620
2. Oct - 2. Oct 2019
Contemporary Art Online | New York, Lot 620
2. Oct - 2. Oct 2019
Estimate: 3.000 - 5.000 USD
Price realised: 2.750 USD
Price realised: 2.750 USD
Description
ZHANG HUI
b. 1969
BEIJING WAWA PAINTING
signed dated 2006
oil on canvas
77½ by 59 in. (197 by 149.8 cm.)
Regis Krampf, Paris | Acquired from the above by the present owner in March 2007
b. 1969
BEIJING WAWA PAINTING
signed dated 2006
oil on canvas
77½ by 59 in. (197 by 149.8 cm.)
Regis Krampf, Paris | Acquired from the above by the present owner in March 2007
Auction result misses estimated price range
When the work Beijing Wawa Painting by Zhang Hui was auctioned at Sothebys in New York in October 2019, the result was somewhat disappointing. The auction house had previously given the estimated price as a range of USD 3,000.00 – 5,000.00, of which not even the lower limit was reached - in fact, the artwork changed hands for USD 2,750.00 (€ 2,465.26). Of course, this price has nothing to do with the top prices that other works by Zhang Hui achieve. The highest price we have observed so far was reached by the work Miraculous Slop Analysis 1 in May 2014 with an auction result of HKD 525,000.00 (€ 49,651.76).
Auktionsergebnis verfehlt die Schätzpreisspanne
Als die Arbeit Beijing Wawa Painting von Zhang Hui im Oktober 2019 bei Sothebys in New York versteigert wurde, fiel das Ergebnis ein wenig enttäuschend aus. Das Auktionshaus hatte den Schätzpreis zuvor mit einer Spanne von USD 3.000,00 – 5.000,00 angegeben, von der nicht einmal die Untergrenze erreicht wurde - tatsächlich wechselte das Kunstwerk für USD 2.750,00 (€ 2.465,26) den Besitzer. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Zhang Hui erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit Miraculous Slop Analysis 1 im Mai 2014 mit einem Auktionsergebnis von HKD 525.000,00 (€ 49.651,76).
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