Cao Fei
RMB City: A Second Life City Planning No.10
Found at
Christies,
New York (Online Auction)
Asian Contemporary Art Online: featuring the Chaney Family Collection, Lot 7033
20.Nov - 27.Nov.2017
Asian Contemporary Art Online: featuring the Chaney Family Collection, Lot 7033
20.Nov - 27.Nov.2017
Estimate: 7.000 - 9.000 USD
Price realised: 7.500 USD
Price realised: 7.500 USD
Description
chromogenic print under glass mounted on aluminum
120 x 160 cm. (47¼ x 63 in.)
Executed in 2007
edition 1/10
Please note this lot is the property of a private consignor.
Private Collection, Germany
120 x 160 cm. (47¼ x 63 in.)
Executed in 2007
edition 1/10
Please note this lot is the property of a private consignor.
Private Collection, Germany
Auction result well in line with expectations
In November 2017 Christies in New York held the auction Asian Contemporary Art Online: featuring the Chaney Family Collection, which included the work RMB City: A Second Life City Planning No.10 by Cao Fei. The estimated price for the artwork was previously given by the auction house with a range of USD 7,000.00 – 9,000.00, the actual price achieved of USD 7,500.00 (€ 6,303.58) could thus just exceed the lower estimate. However, buyers have had to dig much deeper into their pockets for other works by Cao Fei - we have observed the highest auction result to date for the work Silent Curse, Nada At Home, Diversionist And City Watcher (Four Works), which sold at auction in October 2009 for HKD 187,500.00 (€ 16,392.75).
Auktionsergebnis im Rahmen der Erwartungen
Im November 2017 führte Christies in New York die Auktion Asian Contemporary Art Online: featuring the Chaney Family Collection durch, in der auch die Arbeit RMB City: A Second Life City Planning No.10 von Cao Fei zur Versteigerung kam. Der Schätzpreis für das Kunstwerk wurde von dem Auktionshaus zuvor mit einer Spanne von USD 7.000,00 – 9.000,00 angegeben, der tatsächlich erzielte Preis von USD 7.500,00 (€ 6.303,58) konnte den unteren Schätzpreis somit knapp übertreffen. Für andere Arbeiten von Cao Fei mussten die Käufer allerdings auch schon deutlich tiefer in die Tasche greifen – das bisher höchste Auktionsergebnis haben wir für die Arbeit Silent Curse, Nada At Home, Diversionist And City Watcher (Four Works) beobachtet, die im Oktober 2009 für HKD 187.500,00 (€ 16.392,75) versteigert wurde.
Cao Fei - Auction history
Other artists in this auction
