Chen Yifei
Springtime In Suzhou
Found at
Christies,
Hong Kong
20th and 21st Century Art Morning Session, Lot 151
25. May - 25. May 2021
20th and 21st Century Art Morning Session, Lot 151
25. May - 25. May 2021
Estimate: 1.500.000 - 2.500.000 HKD
Price realised: 1.375.000 HKD
Price realised: 1.375.000 HKD
Description
Chen Yifei (1946 -2005)
signed ‘Chen Yifei’ (lower right)
oil on canvas
50.9 x 76.2 cm. (20 x 30 in.)
Painted in 2001
Collection of the Artist’s Family | Marlborough Fine Art, London, United Kingdom | Private Collection, United Kingdom | Anon. Sale, Christie’s Hong Kong, 25 May 2008, lot 247 | Acquired at the above sale by the present owner
signed ‘Chen Yifei’ (lower right)
oil on canvas
50.9 x 76.2 cm. (20 x 30 in.)
Painted in 2001
Collection of the Artist’s Family | Marlborough Fine Art, London, United Kingdom | Private Collection, United Kingdom | Anon. Sale, Christie’s Hong Kong, 25 May 2008, lot 247 | Acquired at the above sale by the present owner
Auction result misses estimated price range
In May 2021 a collector was able to acquire the work Springtime In Suzhou by Chen Yifei for HKD 1,375,000.00 (€ 145,348.12). This price was achieved in the auction 20th and 21st Century Art Morning Session at Christies in Hong Kong and was even below the estimate range of HKD 1,500,000.00 – 2,500,000.00 set by the auction house. 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 verfehlt die Schätzpreisspanne
Im Mai 2021 konnte ein Sammler die Arbeit Springtime In Suzhou von Chen Yifei für HKD 1.375.000,00 (€ 145.348,12) erwerben. Dieser Preis wurde in der Auktion 20th and 21st Century Art Morning Session bei Christies in Hong Kong erzielt und lag noch unterhalb der von dem Auktionshaus angesetzten Schätzpreisspanne von HKD 1.500.000,00 – 2.500.000,00. 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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