Chen Yifei
Untitled
Estimate: 1.000.000 - 2.000.000 HKD
Price realised: 1.250.000 HKD
Price realised: 1.250.000 HKD
Description
Chen Yifei
1946-2005
UNTITLED
executed in 1980s
signed in Pinyin
oil on canvas
86.5 by 66.7 cm; 34 by 26 ⅛ in.
Hammer Galleries, New York | Private American Collection | Sotheby's, Hong Kong, 4 April 2011, Lot 610 | Acquired directly from the above by the present private Asian collector
1946-2005
UNTITLED
executed in 1980s
signed in Pinyin
oil on canvas
86.5 by 66.7 cm; 34 by 26 ⅛ in.
Hammer Galleries, New York | Private American Collection | Sotheby's, Hong Kong, 4 April 2011, Lot 610 | Acquired directly from the above by the present private Asian collector
Auction result well in line with expectations
This work without title by Chen Yifei was auctioned at Sothebys in Hong Kong in October 2019. The estimated price for the artwork was previously given by the auction house with a range of HKD 1,000,000.00 – 2,000,000.00, the actual price achieved of HKD 1,250,000.00 (€ 142,873.15) could thus just exceed the lower estimate. 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
Diese Arbeit ohne Titel von Chen Yifei kam im Oktober 2019 bei Sothebys in Hong Kong zur Auktion. Der Schätzpreis für das Kunstwerk wurde von dem Auktionshaus zuvor mit einer Spanne von HKD 1.000.000,00 – 2.000.000,00 angegeben, der tatsächlich erzielte Preis von HKD 1.250.000,00 (€ 142.873,15) konnte den unteren Schätzpreis somit knapp übertreffen. 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
