Cai Jin
Purple Background
Estimate: 10.000 - 15.000 USD
Price realised: 13.200 USD
Price realised: 13.200 USD
Description
Cai Jin
B. 1965
PURPLE BACKGROUND
signed in Pinyin; signed in Chinese and Pinyin, titled in Chinese and English, and dated 1990 on the reverse
oil on canvas
47 3/4 by 31 1/2 in. 121.2 by 80 cm.
Private Collection, Beijing | Private Collection, Switzerland | Private Collection, Beijing
B. 1965
PURPLE BACKGROUND
signed in Pinyin; signed in Chinese and Pinyin, titled in Chinese and English, and dated 1990 on the reverse
oil on canvas
47 3/4 by 31 1/2 in. 121.2 by 80 cm.
Private Collection, Beijing | Private Collection, Switzerland | Private Collection, Beijing
Auction result well in line with expectations
In March 2007 Sothebys in New York held the auction Contemporary Art Asia, which included the work Purple Background by Cai Jin. The price achieved of USD 13,200.00 (€ 9,869.90) was within expectations - the estimate range had previously been set by the auction house as USD 10,000.00 – 15,000.00. 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 März 2007 führte Sothebys in New York die Auktion Contemporary Art Asia durch, in der auch die Arbeit Purple Background von Cai Jin zur Versteigerung kam. Der dabei erzielte Preis von USD 13.200,00 (€ 9.869,90) lag im Rahmen der Erwartungen – die Schätzpreisspanne war von dem Auktionshaus zuvor mit USD 10.000,00 – 15.000,00 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.