Chen Yifei
Hut Village (Suzhou)
Found at
Christies,
Hong Kong
Modern and Contemporary Art Morning Session, Lot 240
3. Dec - 3. Dec 2020
Modern and Contemporary Art Morning Session, Lot 240
3. Dec - 3. Dec 2020
Estimate: 800.000 - 1.200.000 HKD
Price realised: 1.000.000 HKD
Price realised: 1.000.000 HKD
Description
Hammer Galleries, New York, USA | Acquired from the above by the present owner
Auction result well in line with expectations
In December 2020 Christies in Hong Kong held the auction Modern and Contemporary Art Morning Session, which included the work Hut Village (Suzhou) by Chen Yifei. The price achieved of HKD 1,000,000.00 (€ 105,478.33) was within expectations - the estimate range had previously been set by the auction house as HKD 800,000.00 – 1,200,000.00. Of course, this price has nothing to do with the top prices that other works by Chen Yifei achieve. The highest price we have observed so far was reached by the work Beauties on Promenade in May 2018 with an auction result of HKD 83,350,000.00 (€ 9,106,362.47).
Auktionsergebnis im Rahmen der Erwartungen
Im Dezember 2020 führte Christies in Hong Kong die Auktion Modern and Contemporary Art Morning Session durch, in der auch die Arbeit Hut Village (Suzhou) von Chen Yifei zur Versteigerung kam. Der dabei erzielte Preis von HKD 1.000.000,00 (€ 105.478,33) lag im Rahmen der Erwartungen – die Schätzpreisspanne war von dem Auktionshaus zuvor mit HKD 800.000,00 – 1.200.000,00 angegeben worden. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Chen Yifei erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit Beauties on Promenade im Mai 2018 mit einem Auktionsergebnis von HKD 83.350.000,00 (€ 9.106.362,47).
Chen Yifei - Auction history
Other artists in this auction
