Cai Jin
Banana Plant No. 8
Found at
Sothebys,
Hong Kong
The Ullens Collection - The Nascence of Avant Garde China, Lot 873
3. Apr - 3. Apr 2011
The Ullens Collection - The Nascence of Avant Garde China, Lot 873
3. Apr - 3. Apr 2011
Estimate: 120.000 - 180.000 HKD
Price realised: 275.000 HKD
Price realised: 275.000 HKD
Description
Cai Jin
B. 1965
BANANA PLANT NO. 8
Signed in Pinyin and dated 1992,7; signed and titled in Chinese and dated 1992,7 on the reverse
oil on canvas
119.5 by 110 cm.; 47 by 43 1/4 in.
Hanart TZ Gallery, Hong Kong
B. 1965
BANANA PLANT NO. 8
Signed in Pinyin and dated 1992,7; signed and titled in Chinese and dated 1992,7 on the reverse
oil on canvas
119.5 by 110 cm.; 47 by 43 1/4 in.
Hanart TZ Gallery, Hong Kong
Upper estimate price exceeded by 53 %.
In April 2011 Sothebys in Hong Kong held the auction The Ullens Collection - The Nascence of Avant Garde China, which included the work Banana Plant No. 8 by Cai Jin. The »bidding war« ended at HKD 275,000.00 (€ 23,898.52), 53% above the upper estimate. Despite this good result, it is not the highest hammer price for an artwork by Cai Jin; that achieved among the auctions we observed the lot Banana Plant No. 18 sold at auction in April 2011 with the realized price of HKD 400,000.00 (€ 34,761.49).
Oberer Schätzpreis um 53 % übertroffen
Im April 2011 führte Sothebys in Hong Kong die Auktion The Ullens Collection - The Nascence of Avant Garde China durch, in der auch die Arbeit Banana Plant No. 8 von Cai Jin zur Versteigerung kam. Das »Bietergefecht« endete beim Preis von HKD 275.000,00 (€ 23.898,52) und damit 53% über dem oberen Schätzpreis. Trotz des guten Ergebnisses ist dies nicht der höchste Zuschlag für ein Kunstwerk von Cai Jin; den erzielte unter den von uns beobachteten Auktionen die Arbeit Banana Plant No. 18 im April 2011 mit dem Hammerpreis von HKD 400.000,00 (€ 34.761,49).
Cai Jin - Auction history
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