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Cai Guo Qiang. How much is his work worth?

Cai's father, a painter, historian and bookstore owner, was somewhat critical of Mao Zedong and the new Chinese society that was emerging after the successful communist revolution. He encouraged his son to read forbidden Western classics despite his support for Marxist thought. Young Cai honed his sense of drama at the Shanghai Institute of Drama (1981-1985). After graduating from stage design, he planned to leave China.

Cai Guo Qiang. How much is his work worth?

Cai Guo Qiang is an Asian modern and contemporary Chinese artist born in 1957. His work has been featured in numerous exhibitions in key galleries and museums, including the Kroller-Muller Museum and the Solomon R. Guggenheim Museum. The Cai Guo Qiang's work has been offered for auction multiple times, with realized prices ranging from USD $75 to USD $2.641.401, depending on the size and medium of the artwork. Since 2002 the record price for this artist at auction is $2.641.401 USD for Project For Extraterrestrials No.10, Project to Extend the Great Wall of China, sold at Sotheby's Hong Kong in 2007. Cai Guo Qiang was listed in Articles for ArtDaily, Asia Pacific Art and Art: 21. Most Recent Article Against Pennsylvania Museum Director, British Museum Arctic Controversial Show & More: Morning Links January 10, 2020 written for ARTnews in January 2020.

His art is mainly dealt with in the Asian market but is entering international collecting due to his characteristic of knowing how to decline art as a provocation or a message of political history. Because art is also politics, if the message is also interpreted with "gunpowder", then it is also real life.

Investment judgment ⭐️⭐️⭐️⭐️

But how much is his work worth?

Some of the latest awards:

Apec Cityscape Fireworks (APEC景观焰火表演草图:欢乐颂), 2002 – Mixed technique/paper (300 x 400 cm)

Clearing price: €746.709 (5.800.000 ¥ ) Price including charges: €858.715 (6.670.000 ¥ ) Estimate: €708.086 – €1.094.314 (5.500.000 ¥ – 8.500.000 ¥ ) Pola International Auction Co.,Ltd, 04/06/2019Beijing, China.

Man, Eagle and Eye in the Sky: Eagles (人类、老鹰与天空之眼:老鹰), 2003 – Cannon powder, ink/paper (230 x 310 cm)

Clearing price: €331.975 (2.600.000 ¥ ) Price including charges: €381.771 (2.990.000 ¥ ) Estimate: €357.511 – €485.194 (2.800.000 ¥ – 3.800.000 ¥ ) Beijing Council International Auctions , 06/12/2018Beijing, China.

Black Peony, 2008 – Cannon powder/porcelain – Ed. AP 2/3 (66,3 x 36,5 x 8 cm).

Clearing price: €33.012 (300.000 HKD) Price including charges: €38.954 (354.000 HKD) Estimate: €33.012 – €55.020 (HKD300.000 – HKD500.000) Poly Auction Hong Kong, 30/09/2018 Hong Kong, Hong Kong 
Signed dated 'CAi 2008' lower leftOrigin: Private Collection, AsiaExposure: Taiwan, Taipei, Taipei Fine Arts Museum, Cai Guo-Qiang Hanging Out in the Museum, November 21, 2009-February 21, 2010.

Jin Yan Quan – Numinous Talismans, 2005 – Mixed technique drawing (note of jin yan quan & gunpowder)/paper (37,9 x 27,8 cm).

Clearing price: €11.367 (110.000 HKD) Price including charges: €14.208 (137.500 HKD) Estimate: €3.100 – €5.166 (HKD30.000 – HKD50.000) Sotheby's , 01/04/2018 Hong Kong, Hong Kong 
Signed Initials Dated “KY Tsai, 2005”Origin: Private Asian Collection (acquired directly from the artist); Poly Auction, Hong Kong, 4 April 2016, lot 245; Acquired by the present owner from the above sale.

Fortune, 2005 – Mixed technique drawing, gunpowder/paper (38 x 28 cm)

Clearing price: €11.486 (SGD24.000) Estimate: €12.921 – €19.143 (SGD27.000 – SGD40.000) Borobudur Fine Art Auction Pte.Ltd., 28/10/2007GRAND COPTHORNE WATERFRONT HOTEL, Singapore, Singapore 

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