Zao Wou-ki Work Sells for $3.83m But Delivers a 15% Negative Return
3 min read · 27 Sep 2025
27.01.86. Image courtesy of Phillips
Zao Wou-ki, 27.01.86 (1986) sold for $3.83m (HKD29.8m), less than the low estimate at Phillips in Hong Kong on September 27.
The sale was below the previous auction result by $692,900, realizing a 15% negative return. It last sold at auction in 2020 for $4.52m at Christie's.
Oil on canvas, 200.0 x 162.0cm. The work has been traded 9 times in the past.
Sale Date | Price | Price Increase | Venue | City |
|---|---|---|---|---|
September 27, 2025 | $3.83m | -15 % | Phillips | Hong Kong |
December 02, 2020 | $4.52m | 62 % | Christie's | New York |
April 03, 2016 | $2.8m | -2 % | Sotheby's | Hong Kong |
November 30, 2014 | $2.86m | 1755 % | Sotheby's | Beijing |
November 21, 2001 | $154,000 | - | Tajan | Paris |
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