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MORE THAN 11 BILLION VND FOR ‘ELEGANT LADIES IN A GARDEN’ BY HOÀNG TÍCH CHÙ – VALUE COMPATIBLE WITH THE WORK

‘Elegant ladies in a garden’ by Hoàng Tích Chù On October 2, Viet Art View had a quite detailed review of the work Elegant ladies in a garden by Hoàng Tích Chù. The estimate was 50,000 – 80,000 euros from the auction house. Viet Art View estimated at 400,000 euros. Closing price 355,000 euros. Price […]
|Viet Art View

‘Elegant ladies in a garden’ by Hoàng Tích Chù

On October 2, Viet Art View had a quite detailed review of the work Elegant ladies in a garden by Hoàng Tích Chù.

The estimate was 50,000 – 80,000 euros from the auction house. Viet Art View estimated at 400,000 euros. Closing price 355,000 euros. Price after tax is 450,850 euros, equivalent to more than 11 billion VND.

Compared to some silk paintings by Mai Trung Thứ recently auctioned at Aguttes or Bonhams, this lacquer work by Hoàng Tích Chù is much more precious and rare. But in terms of taste and popularity, Mai Trung Thứ’s beautiful silk paintings are always the champions.

Therefore, more than 11 billion VND for Elegant ladies in a garden is a price commensurate with the actual value in all aspects.

As written in review before the auction, Viet Art View had dissussed with a longtime collector who has a deep understanding of the value of artworks, has extensive auction experience, and owns many valuable artworks. He really likes this painting. He said he would probably bid for a price of (more or less) 250,000 euros. But in fact, he had bidden to the price of 355,000 euros (without tax) of the last person bidding. This proves the appeal of Elegant ladies in a garden.

Ever since it appeared on Interencheres’ website, the painting has attracted the attention of seasoned collectors who can afford it; Especially in the Northern region, where art enthusiasts are always passionate about lacquer paintings (from the generations of famous artists) with romantic, dreamy, and regal beauty. Therefore, according to Viet Art View’s speculation, this painting will belong to a collector in Hà Nội.

The two collectors had a fierce bidding battle, the price rose very quickly. In the end, victory comes to the one with more liquidity. Congratulations to the new owner of this beautiful, precious, and rare painting by Hoàng Tích Chù.

We do not need to know exactly who the new owner of the work is or for what purpose they bought it, because they are not necessarily big tycoons, but they certainly have a sense of artistic value through commercial value when they liquidate works of art.

Written by Viet Art View
Copyrights belong to Viet Art View

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