Chen Wenji

Plastic Raincoat

Found at POLY, Hong Kong
Chinese and Asian Modern and Contemporary Art, Lot 197
4. Apr - 4. Apr 2016
Estimate: 700.000 - 900.000 HKD
Price realised: 1.357.000 HKD
Painted in 1993
oil on canvas
135 x 100 cm. (51 1/4 x 39 1/4 in.)
signed in Chinese; dated '1993.2' (lower middle); titled, inscribed and signed in Chinese; dated and inscribed '1993 100 x 135 cm' (on the reverse) one seal of the artist

Upper estimate price exceeded by 51 %.

The work Plastic Raincoat by Chen Wenji was auctioned at POLY in Hong Kong in April 2016. It achieved a price of HKD 1,357,000.00 (€ 152,886.37), exceeding the upper end of the estimate range by 51%. Despite this good result, it is not the highest hammer price for an artwork by Chen Wenji; that achieved among the auctions we observed the lot Brimful sold at auction in June 2015 with the realized price of CNY 1,180,000.00 (€ 170,641.92).

Oberer Schätzpreis um 51 % übertroffen

Die Arbeit Plastic Raincoat von Chen Wenji kam im April 2016 bei POLY in Hong Kong zur Auktion. Sie erzielte dabei einen Preis von HKD 1.357.000,00 (€ 152.886,37) und übertraf damit das obere Ende der Schätzpreisspanne um 51%. Trotz des guten Ergebnisses ist dies nicht der höchste Zuschlag für ein Kunstwerk von Chen Wenji; den erzielte unter den von uns beobachteten Auktionen die Arbeit Brimful im Juni 2015 mit dem Hammerpreis von CNY 1.180.000,00 (€ 170.641,92).

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