Cai Jin

Banana Plant No. 245

Found at Sothebys, Hong Kong
Contemporary Asian Art, Lot 803
5. Oct - 5. Oct 2015
Estimate: 50.000 - 80.000 HKD
Price realised: 62.500 HKD
Cai Jin
B. 1965
BANANA PLANT NO. 245
signed in Pinyin and dated 2005.9
oil on canvas
81 by 66 cm.; 31⅞ by 26 in.
Private Collection | Duoyunxuan, Shanghai, 20 December 2006, lot 892

Auction result well in line with expectations

In October 2015 Sothebys in Hong Kong held the auction Contemporary Asian Art, which included the work Banana Plant No. 245 by Cai Jin. The price achieved of HKD 62,500.00 (€ 7,301.67) was within expectations - the estimate range had previously been set by the auction house as HKD 50,000.00 – 80,000.00. Admittedly, works by Cai Jin have also been auctioned for a multiple of this price - according to our records, the highest result so far was achieved by the work Banana Plant No. 18 in April 2011 with an auction result of HKD 400,000.00 (€ 34,761.49).

Auktionsergebnis im Rahmen der Erwartungen

Im Oktober 2015 führte Sothebys in Hong Kong die Auktion Contemporary Asian Art durch, in der auch die Arbeit Banana Plant No. 245 von Cai Jin zur Versteigerung kam. Der dabei erzielte Preis von HKD 62.500,00 (€ 7.301,67) lag im Rahmen der Erwartungen – die Schätzpreisspanne war von dem Auktionshaus zuvor mit HKD 50.000,00 – 80.000,00 angegeben worden. Freilich wurden Arbeiten von Cai Jin auch schon für ein Vielfaches dieses Preises versteigert – das bisher höchste Ergebnis erzielte nach unseren Aufzeichnungen die Arbeit Banana Plant No. 18 im April 2011 mit einem Auktionsergebnis von HKD 400.000,00 (€ 34.761,49).

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