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Masterpieces by Gerhard Richter & Zao Wou-Ki To Lead Christie’s Hong Kong Evening Sales in July Auction preview will be held at Pedder Building beginning July 4th

Masterpieces by Gerhard Richter & Zao Wou-Ki To Lead Christie’s Hong Kong Evening Sales in July

Auction preview will be held at Pedder Building beginning July 4th

The debut of 18.11.66 by Zao Wou-Ki at auction
The most valuable work by Gerhard Richter to be offered in Asia

Hong Kong – This July, Christie’s Modern & Contemporary Art Evening Sales will feature two important paintings by Gerhard Richter & Zao Wou-Ki – legendary artists of the 20th Century who each made significant contributions to the history of abstraction in the postwar period.

The auction preview will take place at Pedder Building, located in the heart of Central’s business district close to Christie’s Hong Kong offices. This is the first time a Christie’s sale preview is taking place in this location, and the works in the sale will be on view from July 4th to 10th.

Coinciding with the major loan exhibition of “Gerhard Richter: Painting After All” at The Met Breuer in New York this Spring, Christie’s is honored to be offering the work Frost (1) (HKD 48,000,000 – 68,000,000 / USD 6,200,000 – 8,700,000) in Hong Kong. Dating from the finest period of Gerhard Richter’s ground-breaking abstract work, Frost (1) is a dazzling example of the artist’s Abstraktes Bild paintings. In these career-defining canvases, Richter examined the fundamental nature of abstract painting, questioning the very essence of the postwar art historical canon, and in the process creating some of the most celebrated works of the last fifty years. First shown at a major exhibition at the Museum Boymans-van Beuningen, Rotterdam, in 1989, this painting exemplifies Richter’s practice of continually laying down and then subsequently scraping off layers of paint with a squeegee, resulting in a fractured surface which evokes the alluring effect of light reflecting off a heavily frosted or snowy surface.

Zao Wou-Ki (ZHAO WUJI, 1920-2013)

18.11.66

oil on canvas
97 x 195 cm. (37 3/4 x 76 3/4 in.) Painted in 1966
HKD 68,000,000 – 88,000,000/ USD 8,800,000 – 12,000,000

 

On the same evening, another important work 18.11.66 by Zao Wou-Ki (HKD 68,000,000 – 88,000,000/ USD 8,800,000 – 12,000,000.) will make its debut at auction. Painted in 1966, 18.11.66 is a work from the artist’s expressionist Hurricane Period, when his compositions were at their most energetic and gestural. The work’s dramatic horizontal composition demonstrates a strong balance of light and dark, with multiple hues of blue, as well as richly colored details, giving the work a rich depth and dimensionality and evoking elemental images of wind, water and waves.

Jacky Ho, Head of Evening Sale, Modern and Contemporary Art, Asia Pacific commented: “This July, we are thrilled to present iconic masterpieces by Zao Wou-Ki and Gerhard Richter that exemplify the pinnacle of each artist’s creative oeuvre. Despite having lived in different countries and creating works using very different techniques, the two artists share a common interest in the exploration of colour and movement, deriving inspiration from natural imagery to create works that showcase their visionary approach to image-making. We look forward to presenting these two dynamic examples of 20th century abstraction in our evening sale in July, and to sharing more exciting sale highlights in the coming few weeks.”

Modern and Contemporary Art Evening Sale

Date: 10th July 2020
Auction Venue: 22/ F, Alexandra House, 18 Chater Road, Central, Hong Kong

Exhibition Venue: Pedder Building, 12 Pedder Street, Central, Hong Kong

Viewing Dates: 4th–10th July 2020

About Christie’s

Christie’s, the world’s leading art business, had auction sales in 2019 that totalled £4.5 billion / $5.8 billion. Christie’s is a name and place that speaks of extraordinary art, unparalleled service and international expertise. Christie’s offers around 350 auctions annually in over 80 categories, including all areas of fine and decorative arts, jewellery, photographs, collectibles, wine, and more. Prices range from $200 to over $100 million. Christie’s also has a long and successful history conducting private sales for its clients in all categories, with emphasis on Post-War & Contemporary, Impressionist & Modern, Old Masters and Jewellery.

Alongside regular sales online, Christie’s has a global presence in 46 countries, with 10 salerooms around the world including in London, New York, Paris, Geneva, Milan, Amsterdam, Dubai, Zürich, Hong Kong, and Shanghai.

*Please note when quoting estimates above that other fees will apply in addition to the hammer price – see Section D of the Conditions of Sale at the back of the sale catalogue.

*Estimates do not include buyer’s premium. Sales totals are hammer price plus buyer’s premium and are reported net of applicable fees.

 

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