Zhou Mingde

In the Mountains No. 17

Found at Christies, Hong Kong
Asian Contemporary Art (Day Sale), Lot 323
26.Nov - 26.Nov.2017
Estimate: 50.000 - 100.000 HKD
Price realised: 150.000 HKD
two seals of the artist
ink on paper
68 x 138 cm. (26 3/4 x 54 3/8 in.)
Painted in 2016
Private Collection, Australia

Upper estimate price exceeded by 50 %.

In November 2017 Christies in Hong Kong held the auction Asian Contemporary Art (Day Sale), which included the work In the Mountains No. 17 by Zhou Mingde. The »bidding war« ended at HKD 150,000.00 (€ 16,149.77), 50% above the upper estimate. Despite this good result, it is not the highest hammer price for an artwork by Zhou Mingde; that achieved among the auctions we observed the lot THE SEA sold at auction in November 2016 with the realized price of HKD 162,500.00 (€ 19,801.71).

Oberer Schätzpreis um 50 % übertroffen

Im November 2017 führte Christies in Hong Kong die Auktion Asian Contemporary Art (Day Sale) durch, in der auch die Arbeit In the Mountains No. 17 von Zhou Mingde zur Versteigerung kam. Das »Bietergefecht« endete beim Preis von HKD 150.000,00 (€ 16.149,77) und damit 50% über dem oberen Schätzpreis. Trotz des guten Ergebnisses ist dies nicht der höchste Zuschlag für ein Kunstwerk von Zhou Mingde; den erzielte unter den von uns beobachteten Auktionen die Arbeit THE SEA im November 2016 mit dem Hammerpreis von HKD 162.500,00 (€ 19.801,71).

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