Zao Wou-ki Work Sells for $64,800 But Delivers a 18% Negative Return
3 min read · 28 May 2025
Untitled. Image courtesy of Phillips
Zao Wou-ki, Untitled (1980) sold for $64,800 (HKD508,000), more than the low estimate at Phillips in Hong Kong on May 27.
The sale was below the previous auction result by $14,700, realizing a 18% negative return. It last sold at auction in 2023 for $79,600 at Christie's.
India ink on paper, 104.0 x 104.0cm. The work has been traded 3 times in the past.
Sale Date | Price | Price Increase | Venue | City |
|---|---|---|---|---|
2025-05-27 | $64,800 | -19 % | Phillips | Hong Kong |
2023-06-29 | $79,600 | - | Christie's | London |
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