- Art.Salon
- Artists
- Christine Ay Tjoe
- The Flying Balloon
Christine Ay Tjoe
The Flying Balloon
Found at
Sothebys,
Hong Kong
Modern and Contemporary Southeast Asian Art Evening Sale, Lot 1067
8. Jul - 8. Jul 2020
Modern and Contemporary Southeast Asian Art Evening Sale, Lot 1067
8. Jul - 8. Jul 2020
Estimate: XX.XXX
Price realised: XX.XXX
Price realised: XX.XXX
Description
Christine Ay Tjoe
B.1973
THE FLYING BALLOON
Signed and dated 13; signed, titled, inscribed and dated 2013 on the reverse
Oil on canvas
170 by 200 cm; 67 by 78 3/4 in.
B.1973
THE FLYING BALLOON
Signed and dated 13; signed, titled, inscribed and dated 2013 on the reverse
Oil on canvas
170 by 200 cm; 67 by 78 3/4 in.
Auction result well in line with expectations
The work The Flying Balloon by Christine Ay Tjoe was auctioned at Sothebys in Hong Kong in July 2020. It changed hands for a price of HKD 5,935,000.00 (€ 650,259.05) achieving a result in the upper range of the estimate price range of HKD 4,000,000.00 – 6,000,000.00. However, buyers have had to dig much deeper into their pockets for other works by Christine Ay Tjoe - we have observed the highest auction result to date for the work Layer As A Hiding Place, which sold at auction in May last year for HKD 13,050,000.00 (€ 1,549,315.07).
Auktionsergebnis im Rahmen der Erwartungen
Die Arbeit The Flying Balloon von Christine Ay Tjoe kam im Juli 2020 bei Sothebys in Hong Kong zur Auktion. Dabei wechselte sie für einen Preis von HKD 5.935.000,00 (€ 650.259,05) den Besitzer und erzielte damit ein Ergebnis im oberen Bereich der Schätzpreisspanne von HKD 4.000.000,00 – 6.000.000,00. Für andere Arbeiten von Christine Ay Tjoe mussten die Käufer allerdings auch schon deutlich tiefer in die Tasche greifen – das bisher höchste Auktionsergebnis haben wir für die Arbeit Layer As A Hiding Place beobachtet, die im Mai letzten Jahres für HKD 13.050.000,00 (€ 1.549.315,07) versteigert wurde.