Cai Jin
Banana Plant No.261
Estimate: 120.000 - 150.000 CNY
Price realised: 129.800 CNY
Price realised: 129.800 CNY
Description
Cai Jin
B. 1965
BANANA PLANT NO.261
signed in Chinese, dated 2006.5, framed
oil on silk
170 by 130 cm.; 67 by 51 1/8 in.
Private Collection, China | Poly, Beijing, 29 November, 2007, lot 0372
B. 1965
BANANA PLANT NO.261
signed in Chinese, dated 2006.5, framed
oil on silk
170 by 130 cm.; 67 by 51 1/8 in.
Private Collection, China | Poly, Beijing, 29 November, 2007, lot 0372
Auction result well in line with expectations
In December 2013 Sothebys in Beijing held the auction Modern and Contemporary Chinese Art, which included the work Banana Plant No.261 by Cai Jin. The price achieved of CNY 129,800.00 (€ 15,562.06) was within expectations - the estimate range had previously been set by the auction house as CNY 120,000.00 – 150,000.00. However, buyers have had to dig much deeper into their pockets for other works by Cai Jin - we have observed the highest auction result to date for the work Banana Plant No. 18, which sold at auction in April 2011 for HKD 400,000.00 (€ 34,761.49).
Auktionsergebnis im Rahmen der Erwartungen
Im Dezember 2013 führte Sothebys in Beijing die Auktion Modern and Contemporary Chinese Art durch, in der auch die Arbeit Banana Plant No.261 von Cai Jin zur Versteigerung kam. Der dabei erzielte Preis von CNY 129.800,00 (€ 15.562,06) lag im Rahmen der Erwartungen – die Schätzpreisspanne war von dem Auktionshaus zuvor mit CNY 120.000,00 – 150.000,00 angegeben worden. Für andere Arbeiten von Cai Jin mussten die Käufer allerdings auch schon deutlich tiefer in die Tasche greifen – das bisher höchste Auktionsergebnis haben wir für die Arbeit Banana Plant No. 18 beobachtet, die im April 2011 für HKD 400.000,00 (€ 34.761,49) versteigert wurde.
Cai Jin - Auction history
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