Cheung Yee
Poem
Found at
Sothebys,
Hong Kong
Contemporary Literati: Early Ink Masters, Lot 3630
5. Oct - 5. Oct 2013
Contemporary Literati: Early Ink Masters, Lot 3630
5. Oct - 5. Oct 2013
Estimate: 40.000 - 60.000 HKD
Price realised: 81.250 HKD
Price realised: 81.250 HKD
Description
Cheung Yee (Zhang Yi)
B. 1936
POEM
signed CHEUNG YEE, dated 1985, titled in English and Chinese, and numbered 3/30
red pigment on pressed paper
122 by 122.4 cm., 48 1/8 by 48 1/4 in.
Acquired from the artist by the present owner in October 1985
B. 1936
POEM
signed CHEUNG YEE, dated 1985, titled in English and Chinese, and numbered 3/30
red pigment on pressed paper
122 by 122.4 cm., 48 1/8 by 48 1/4 in.
Acquired from the artist by the present owner in October 1985
Upper estimate price exceeded by 35 %.
In October 2013 Sothebys in Hong Kong held the auction Contemporary Literati: Early Ink Masters, which included the work Poem by Cheung Yee. The »bidding war« ended at HKD 81,250.00 (€ 7,710.20), 35% above the upper estimate. However, buyers have had to dig much deeper into their pockets for other works by Cheung Yee - we have observed the highest auction result to date for the work 991211 Ming, which sold at auction in May 2006 for HKD 204,000.00 (€ 20,490.61).
Oberer Schätzpreis um 35 % übertroffen
Im Oktober 2013 führte Sothebys in Hong Kong die Auktion Contemporary Literati: Early Ink Masters durch, in der auch die Arbeit Poem von Cheung Yee zur Versteigerung kam. Das »Bietergefecht« endete beim Preis von HKD 81.250,00 (€ 7.710,20) und damit 35% über dem oberen Schätzpreis. Für andere Arbeiten von Cheung Yee mussten die Käufer allerdings auch schon deutlich tiefer in die Tasche greifen – das bisher höchste Auktionsergebnis haben wir für die Arbeit 991211 Ming beobachtet, die im Mai 2006 für HKD 204.000,00 (€ 20.490,61) versteigert wurde.