Chen Wei
Coins In Fountain Basin
Estimate: 70.000 - 90.000 HKD
Price realised: 40.000 HKD
Price realised: 40.000 HKD
Description
Chen Wei
B.1980
COINS IN FOUNTAIN BASIN
framed
archival inkjet print
149.6 by 179.5 cm; 58⅞ by 70⅝ in.
executed in 2011, edition of 2/6
Leo Xu projects, Shanghai | Acquired by the present owner from the above
B.1980
COINS IN FOUNTAIN BASIN
framed
archival inkjet print
149.6 by 179.5 cm; 58⅞ by 70⅝ in.
executed in 2011, edition of 2/6
Leo Xu projects, Shanghai | Acquired by the present owner from the above
Auction result misses estimated price range
In October 2016 a collector was able to acquire the work Coins In Fountain Basin by Chen Wei for HKD 40,000.00 (€ 4,707.17). This price was achieved in the auction Contemporary Asian Art at Sothebys in Hong Kong and was even below the estimate range of HKD 70,000.00 – 90,000.00 set by the auction house. However, buyers have had to dig much deeper into their pockets for other works by Chen Wei - we have observed the highest auction result to date for the work In The Waves #1, which sold at auction in April 2015 for HKD 118,750.00 (€ 13,724.02).
Auktionsergebnis verfehlt die Schätzpreisspanne
Im Oktober 2016 konnte ein Sammler die Arbeit Coins In Fountain Basin von Chen Wei für HKD 40.000,00 (€ 4.707,17) erwerben. Dieser Preis wurde in der Auktion Contemporary Asian Art bei Sothebys in Hong Kong erzielt und lag noch unterhalb der von dem Auktionshaus angesetzten Schätzpreisspanne von HKD 70.000,00 – 90.000,00. Für andere Arbeiten von Chen Wei mussten die Käufer allerdings auch schon deutlich tiefer in die Tasche greifen – das bisher höchste Auktionsergebnis haben wir für die Arbeit In The Waves #1 beobachtet, die im April 2015 für HKD 118.750,00 (€ 13.724,02) versteigert wurde.
Chen Wei - Auction history
Other artists in this auction
