Chen Zhen
Drawing for "Flea-House"
Found at
Phillips,
7 -
20th Century & Contemporary Art: Online Auction, New York, Lot 141
14. Dec - 14. Dec 2023
20th Century & Contemporary Art: Online Auction, New York, Lot 141
14. Dec - 14. Dec 2023
Estimate: XX.XXX
Price realised: XX.XXX
Price realised: XX.XXX
Description
signed [in Chinese], inscribed and dated "Chen Zhen 08.96 Paris" lower right
India ink on paper
30 1/8 x 22 1/4 in. (76.5 x 56.5 cm)
Executed in 1996.
India ink on paper
30 1/8 x 22 1/4 in. (76.5 x 56.5 cm)
Executed in 1996.
Auction result well in line with expectations
The work Drawing for "Flea-House" by Chen Zhen was auctioned at Phillips in 7 - in December this year. The price achieved of USD 6,096.00 (€ 5,510.76) was within expectations - the estimate range had previously been set by the auction house as USD 5,000.00 – 7,000.00. Of course, this price has nothing to do with the top prices that other works by Chen Zhen achieve. The highest price we have observed so far was reached by the work Opening Of A Closed Center in May 2007 with an auction result of USD 576,000.00 (€ 428,157.29).
Auktionsergebnis im Rahmen der Erwartungen
Die Arbeit Drawing for "Flea-House" von Chen Zhen kam im Dezember diesen Jahres bei Phillips in 7 - zur Auktion. Der dabei erzielte Preis von USD 6.096,00 (€ 5.510,76) lag im Rahmen der Erwartungen – die Schätzpreisspanne war von dem Auktionshaus zuvor mit USD 5.000,00 – 7.000,00 angegeben worden. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Chen Zhen erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit Opening Of A Closed Center im Mai 2007 mit einem Auktionsergebnis von USD 576.000,00 (€ 428.157,29).
