Zhang Yu - Divine Light Series No. 61: The Floating Incomplete Circle

Zhang Yu

Divine Light Series No. 61: The Floating Incomplete Circle

Found at Sothebys, Hong Kong
The Origo Collection — Contemporary Ink Art, Lot 509
4. Apr - 4. Apr 2016
Estimate: 700.000 - 900.000 HKD
Price realised: 375.000 HKD
Description
Zhang Yu
B.1959
DIVINE LIGHT SERIES NO. 61: THE FLOATING INCOMPLETE CIRCLE
signed ZHANG YU and dated 1999.11
ink on paper, framed
195.6 by 178.4 cm; 77 by 70 1/4  in.
1999
en de

Auction result misses estimated price range

This work of art by Zhang Yu could be acquired at Sothebys in Hong Kong in April 2016 for an unexpectedly low price. In the The Origo Collection — Contemporary Ink Art auction, the work Divine Light Series No. 61: The Floating Incomplete Circle changed hands for HKD 375,000.00 (€ 42,249.37) - missing the lower end of the estimate range of HKD 700,000.00 – 900,000.00. Of course, this price has nothing to do with the top prices that other works by Zhang Yu achieve. The highest price we have observed so far was reached by the work Letter To Boqing in October 2017 with an auction result of HKD 26,500,000.00 (€ 2,916,638.05).

Auktionsergebnis verfehlt die Schätzpreisspanne

Dieses Kunstwerk von Zhang Yu konnte im April 2016 bei Sothebys in Hong Kong für einen unerwartet niedrigen Preis ersteigert werden. In der Auktion The Origo Collection — Contemporary Ink Art wechselte die Arbeit Divine Light Series No. 61: The Floating Incomplete Circle für HKD 375.000,00 (€ 42.249,37) den Besitzer – und verfehlte damit das untere Ende der Schätzpreisspanne von HKD 700.000,00 – 900.000,00. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Zhang Yu erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit Letter To Boqing im Oktober 2017 mit einem Auktionsergebnis von HKD 26.500.000,00 (€ 2.916.638,05).

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