ArtCult - Les nouvelles du marché de l'art.-RECORD PRICE FOR CHINESE PAINTER ZAO WOU KI

Record prices were recorded for several Chinese artists, including Zao Wou Ki, who lives and works in Paris during a sale of Chinese 20th Century Art held by Christie's in Hong Kong on November 25th 2007. The total turnover for that sale almost fetched 40 million dollars.

Chinese 20^th Century Art

Hong Kong - Sunday, 25 November, 2007 - Sale no: 2381 - Top Ten

[All sold prices include buyer's premium]

Sold: HK$ 310,479,250	US$ 39,927,632	€ 26,918,551	£ 19,373,905
Lots Sold: 118	Lots Offered: 137	Sold by Lot: 86%	Sold by HK$: 92%
Exchange Rate: HK$ 1 = US $ 0.1286 /£ 0.0624 / € 0.867

Lot	Description	Estimate (HK$)	Purchase Price	Buyer
216	Chen Cheng-Po (1895-1947) Sunset at Danshui, 1935	Estimate on request	HK$ 50,727,500 US$ 6,523,557 € 4,398,074 £ 3,165,396	Asian Private
211	Zao Wou-Ki, born in 1920 Et la terre était sans forme, 1956-1957 WORLD AUCTION RECORD FOR THE ARTIST	15,000,000- 20,000,000	HK$ 29,447,500 US$ 3,786,949 € 2,553,098 £ 1,837,524	Asian Private
220	Liao Chi-Ch'un (1902-1976) Beside the Window, 1960	9,000,000- 12,000,000	HK$ 13,767,500 US$ 1,770,501 € 1,193,642 £ 859,092	Asian Private
240	Ju Ming, born in 1938 Taiji Arch, 1986	6,000,000- 8,000,000	HK$ 12,647,500 US$ 1,626,469 € 1,096,538 £ 789,204	Asian Private
212	Zao Wou-Ki, born in 1920 17. 4. 64, 1964	7,000,000- 9,000,000	HK$ 10,967,500 US$ 1,410,421 € 950,882 £ 684,372	Asian Private
215	Zao Wou-Ki, born in 1920 8. 2. 72, 1972	4,000,000- 6,000,000	HK$ 9,847,500 US$ 1,266,389 € 853,778 £ 614,484	Asian Private
213	Zao Wou-Ki, born in 1920 9. 3. 65, 1965	8,000,000- 10,000,000	HK$ 9,287,500 US$ 1,194,373 € 805,226 £ 579,540	Asian Private
217	Sanyu (1901-1966) Chrysanthemums with Green Leaves, 1929	8,000,000- 12,000,000	HK$ 9,287,500 US$ 1,194,373 € 805,226 £ 579,540	Asian Private
226	Wu Guanzhong, born in 1919 The Spring at Lijiang, circa 1970s	2,500,000- 3,500,000	HK$ 8,727,500 US$ 1,122,357 € 756,674 £ 544,596	Asian Private
273	Wu Zuoren (1908-1997) Golden Ocean, 1956 WORLD AUCTION RECORD FOR THE ARTIST	1,500,000 -2,000,000	HK$ 8,167,500 US$ 1,050,341 € 708,122 £ 509,652	Asian Private

News