Adrian Ghenie

Pie Fight Study 4

Found at Phillips, Hong Kong Auction
20th Century & Contemporary Art Evening Sale, Lot 22
22. Jun - 22. Jun 2022
Estimate: 3.500.000 - 4.500.000 HKD
Price realised: 4.032.000 HKD
signed and dated 'Ghenie 2008' on the reverse
oil on canvas
52 x 52 cm. (20 1/2 x 20 1/2 in.)
Painted in 2008.

Auction result well in line with expectations

The work Pie Fight Study 4 by Adrian Ghenie was auctioned at Phillips in Hong Kong in June last year. The price achieved of HKD 4,032,000.00 (€ 490,664.63) was within expectations - the estimate range had previously been set by the auction house as HKD 3,500,000.00 – 4,500,000.00. Of course, this price has nothing to do with the top prices that other works by Adrian Ghenie achieve. The highest price we have observed so far was reached by the work Pie Fight Interior 12 in May last year with an auction result of HKD 81,060,000.00 (€ 9,623,561.64).

Auktionsergebnis im Rahmen der Erwartungen

Die Arbeit Pie Fight Study 4 von Adrian Ghenie kam im Juni letzten Jahres bei Phillips in Hong Kong zur Auktion. Der dabei erzielte Preis von HKD 4.032.000,00 (€ 490.664,63) lag im Rahmen der Erwartungen – die Schätzpreisspanne war von dem Auktionshaus zuvor mit HKD 3.500.000,00 – 4.500.000,00 angegeben worden. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Adrian Ghenie erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit Pie Fight Interior 12 im Mai letzten Jahres mit einem Auktionsergebnis von HKD 81.060.000,00 (€ 9.623.561,64).

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