Chen Yifei
Late Afternoon (Suzhou 1984)
Estimate: 1.200.000 - 2.000.000 HKD
Price realised: 5.405.000 HKD
Price realised: 5.405.000 HKD
Description
signed and dated ‘Chen Yifei 1984' (lower right)
oil on canvas
76.2 x 106.7 cm. (30 x 42 in.)
Painted in 1984
Hammer Galleries, New York, USA | Acquired from the above by the present owner
oil on canvas
76.2 x 106.7 cm. (30 x 42 in.)
Painted in 1984
Hammer Galleries, New York, USA | Acquired from the above by the present owner
Upper estimate price exceeded by more than 100%
This artwork by Chen Yifei achieved an unexpectedly high price at Christies in Hong Kong in July 2020. In the Modern and Contemporary Art Day Sale auction, the work Late Afternoon (Suzhou 1984) sold for HKD 5,405,000.00 (€ 592,190.42) - well above the upper estimate of HKD 2,000,000.00. 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).
Oberer Schätzpreis um mehr als 100% übertroffen
Dieses Kunstwerk von Chen Yifei erzielte im Juli 2020 bei Christies in Hong Kong einen unerwartet hohen Preis. In der Auktion Modern and Contemporary Art Day Sale wurde die Arbeit Late Afternoon (Suzhou 1984) für HKD 5.405.000,00 (€ 592.190,42) versteigert – und damit weit über dem oberen Schätzpreis von HKD 2.000.000,00. 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
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