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Cheng Zhang - Drifting By The Lotus

Cheng Zhang

Drifting By The Lotus

Found at Sothebys, Hong Kong
Fine Chinese Paintings, Lot 1431
6. Apr - 6. Apr 2015
Estimate: XX.XXX
Price realised: XX.XXX
Cheng Zhang (1869-1938)
DRIFTING BY THE LOTUS
signed CHENG ZHANG, dated 1918, titled, and with two seals of the artist
ink and colour on paper, hanging scroll
122.2 by 52.3 cm. 48 ¼ by 20 5/8 in.
Sotheby's Hong Kong, Fine Chinese Paintings, Apr 1992, Lot 182

Auction result well in line with expectations

The work Drifting By The Lotus by Cheng Zhang was sold in the Fine Chinese Paintings auction at Sothebys in Hong Kong in April 2015. The price achieved of HKD 100,000.00 (€ 11,557.07) was within expectations - the estimate range had previously been set by the auction house as HKD 80,000.00 – 120,000.00. However, buyers have had to dig much deeper into their pockets for other works by Cheng Zhang - we have observed the highest auction result to date for the work Squirrels And Grapes, which sold at auction in November 2013 for HKD 275,000.00 (€ 26,073.06).

Auktionsergebnis im Rahmen der Erwartungen

Die Arbeit Drifting By The Lotus von Cheng Zhang wurde im April 2015 in der Auktion Fine Chinese Paintings bei Sothebys in Hong Kong versteigert. Der dabei erzielte Preis von HKD 100.000,00 (€ 11.557,07) lag im Rahmen der Erwartungen – die Schätzpreisspanne war von dem Auktionshaus zuvor mit HKD 80.000,00 – 120.000,00 angegeben worden. Für andere Arbeiten von Cheng Zhang mussten die Käufer allerdings auch schon deutlich tiefer in die Tasche greifen – das bisher höchste Auktionsergebnis haben wir für die Arbeit Squirrels And Grapes beobachtet, die im November 2013 für HKD 275.000,00 (€ 26.073,06) versteigert wurde.

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