Zao Wou Ki
Estimation, Value, Price, and Sale of Zao Wou-Ki's Works: How to Proceed?
What is the Value of Zao Wou-Ki's Works?
Estimates for Zao Wou-Ki's works vary significantly based on the period of creation and dimensions. Here are some estimate ranges for Zao Wou-Ki to give you a preliminary idea:
- Paintings (oil on canvas): Between 500,000 and 6,000,000 euros.
- Watercolors: Between 50,000 and 200,000 euros.
- Prints (lithographs): Between 700 and 5,000 euros.
Estimation Details
Oil on Canvas
Production before 1980:
- Medium dimensions (less than 60 cm wide): 500,000 - 700,000 euros
- Large dimensions (more than 60 cm): 800,000 - 6,000,000 euros
Production after 1980:
- Medium dimensions (less than 60 cm wide): 300,000 - 600,000 euros
- Large dimensions (more than 60 cm): 400,000 - 900,000 euros
Watercolor
- Small dimensions (less than 30 cm wide): 20,000 - 50,000 euros
- Large dimensions (more than 30 cm): 50,000 - 150,000 euros
The value of Zao Wou-Ki's works continues to rise in 2024.
LOT No. 20
Sold for: 3,200 EUR
ZAO WOU-KI - Composition - Engraving signed in pencil at the lower right - 52.5 x 62.5 cm (visible) - Provenance: Galerie Flak, Paris
Market Indicators for Zao Wou-Ki at Public Auctions in 2023
Annual Sales Revenue
In 2023, the annual sales revenue from public auctions of Zao Wou-Ki's works amounted to 59,354,391 euros. This performance highlights the continued popularity and appreciation of his works in the international art market.
Global Ranking
Zao Wou-Ki is ranked 26th worldwide among artists in terms of auction sales. This ranking underscores the importance and recognition of Zao Wou-Ki in the global art market, despite intense competition from other renowned artists.
Price Index
The price index for Zao Wou-Ki's works saw a 9.6% decrease in 2023. This variation indicates a slight market correction, possibly due to an oversupply of lots or a temporary drop in demand.
Geographical Distribution
Sales of Zao Wou-Ki's works are heavily concentrated in Hong Kong, representing 67.8% of total sales. This figure highlights the importance of the Asian region in the market for the artist's works, confirming Hong Kong as a major hub for contemporary Asian art auctions.
Price Range Distribution
In terms of price range, 64.7% of Zao Wou-Ki's lots fall within the 1,000 to 5,000 euro range. This distribution indicates a significant majority of sales in an accessible price range, suggesting sustained demand for his works of various sizes and complexities.
Category Distribution
The dominant category of sales is paintings, representing 96.1% of the lots sold. This highlights the predominance of painted works in Zao Wou-Ki's corpus, reflecting strong demand and recognition of his talent in painting.
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Who is Zao Wou-Ki?
Zao Wou-Ki (1920-2013), a Chinese-French painter, is renowned for merging Eastern and Western aesthetics in his abstract works. Master of color and gesture, his art transcends cultural boundaries, capturing the essence of movement and light with remarkable expressiveness. This article guides you through the evaluation, recognition, and sale of his works, whether they are paintings, drawings, watercolors, or lithographs.
How to Estimate Your Zao Wou-Ki Work?
To get an estimation of your Zao Wou-Ki works, several options are available:
Free Online Estimation for Zao Wou-Ki
Submit photos and relevant details of your work via our online form. Experts will review this information and provide you with an objective estimation.
Appointment-Based Estimation for Zao Wou-Ki
Make an appointment with our Expertisez Enchères office for an in-depth evaluation.
How to Recognize a Painting by Zao Wou-Ki?
- Abstract Gestural Style: Fluid and expressive brush movements, dynamic compositions.
- Use of Color: Varied and vibrant palettes for luminous effects and depth.
- Fusion of Eastern and Western Aesthetics: Elements of traditional Chinese art blended with Western influences.
- Creation Date: Knowing the period of creation helps situate the work in his artistic evolution.
- Dimensions and Format: Specific dimensions may be associated with certain periods.
- Reference Research: Compare the work with other paintings by Zao Wou-Ki through catalogues raisonnés, exhibitions, and publications. This research and authentication are handled by our art experts and auctioneer.
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How to Sell Your Zao Wou-Ki Painting?
Sales Tips:
- Accurate Estimation and Appraisal: By our independent auctioneers and specialized experts.
- Choice of Sale: Auction or private sale based on our advice.
FAQ on the Estimation, Sale, and Appraisal of Zao Wou-Ki's Works
1. What is the current value of a Zao Wou-Ki painting?
The value of Zao Wou-Ki's works varies significantly based on size, technique, and period of creation. In 2023, oil paintings can reach between 500,000 and 6,000,000 euros for large works before 1980. Watercolors are valued between 50,000 and 200,000 euros, while prints can range from 700 to 5,000 euros.
2. How can I get an estimation of my Zao Wou-Ki work?
To obtain a precise estimation, you can submit photos and detailed information online, arrange a home appraisal, or schedule an appointment with our Expertisez Enchères office.
3. What are the criteria that influence the value of a Zao Wou-Ki work?
- The size of the work.
- The technique used (oil, watercolor, print).
- The condition of the work.
- The provenance and documentation.
- The period of creation.
- The results of previous auction sales.
4. Where can I sell a Zao Wou-Ki work?
You can sell your work at auctions. It is recommended to consult an auctioneer to get the best price.
5. How to recognize an authentic Zao Wou-Ki painting?
To recognize an authentic work, look for:
- The characteristic abstract gestural style.
- The distinct use of color.
- The fusion of Eastern and Western aesthetics.
- The signature in Chinese characters or Latin alphabet.
- The period of creation and the size of the work.
If in doubt, consult our experts for an in-depth appraisal.