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Zheng Guogu - Two Thousand Years Embroidery No.8

Zheng Guogu

Two Thousand Years Embroidery No.8

Found at Sothebys, Hong Kong
Contemporary Art | Hong Kong, Lot 9585
16. Apr - 16. Apr 2020
Estimate: XX.XXX
Price realised: XX.XXX
MOUTARDERIE NATIONALE: THE GILLION CROWET COLLECTION
ZHENG GUOGU
b. 1970
TWO THOUSAND YEARS EMBROIDERY NO.8
embroidery on felt
signed in Chinese and Pinyin, titled in Chinese, and dated 2005 on the reverse
220 by 220 cm. 86⅝ by 86⅝ in.
___________________________________________________________________________
無涯:吉利翁·庫維中國當代藝術珍藏 鄭國谷
Galerie Loft, Paris | Acquired from the above by the present owner | 巴黎,Loft 畫廊 | 現藏者購自上述來源

Auction result well in line with expectations

The work Two Thousand Years Embroidery No.8 by Zheng Guogu was auctioned at Sothebys in Hong Kong in April 2020. The price achieved of HKD 60,000.00 (€ 7,065.27) was within expectations - the estimate range had previously been set by the auction house as HKD 50,000.00 – 70,000.00. Admittedly, works by Zheng Guogu have also been auctioned for a multiple of this price - according to our records, the highest result so far was achieved by the work Waterfall in May 2012 with an auction result of HKD 560,000.00 (€ 58,337.11).

Auktionsergebnis im Rahmen der Erwartungen

Die Arbeit Two Thousand Years Embroidery No.8 von Zheng Guogu kam im April 2020 bei Sothebys in Hong Kong zur Auktion. Der dabei erzielte Preis von HKD 60.000,00 (€ 7.065,27) lag im Rahmen der Erwartungen – die Schätzpreisspanne war von dem Auktionshaus zuvor mit HKD 50.000,00 – 70.000,00 angegeben worden. Freilich wurden Arbeiten von Zheng Guogu auch schon für ein Vielfaches dieses Preises versteigert – das bisher höchste Ergebnis erzielte nach unseren Aufzeichnungen die Arbeit Waterfall im Mai 2012 mit einem Auktionsergebnis von HKD 560.000,00 (€ 58.337,11).

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