Fan Chang Tien

Peonies

Found at Bonhams, Hong Kong (Online Auction)
Southeast Asian Modern & Contemporary Art Online, Lot 37
1. Oct - 12. Oct 2021
Estimate: 8.000 - 12.000 HKD
Price realised: 7.140 HKD
Fan Chang Tien (1907-1987)
Peonies
1984
inscribed and signed with artist's seal
ink and colour on paper, mounted scroll
68.5 by 34 cm.
27 by 13 3/8 in.
Dr Seah Pong Pin, renowned Singaporean Dermatologist | Private Collection, Singapore (by descent from the above)

Auction result misses estimated price range

In October 2021 a collector was able to acquire the work Peonies by Fan Chang Tien for HKD 7,140.00 (€ 794.23). This price was achieved in the auction Southeast Asian Modern & Contemporary Art Online at Bonhams in Hong Kong and was even below the estimate range of HKD 8,000.00 – 12,000.00 set by the auction house. Of course, this price has nothing to do with the top prices that other works by Fan Chang Tien achieve. The highest price we have observed so far was reached by the work Red Plum with Two Rocks in May last year with an auction result of HKD 264,600.00 (€ 31,413.70).

Auktionsergebnis verfehlt die Schätzpreisspanne

Im Oktober 2021 konnte ein Sammler die Arbeit Peonies von Fan Chang Tien für HKD 7.140,00 (€ 794,23) erwerben. Dieser Preis wurde in der Auktion Southeast Asian Modern & Contemporary Art Online bei Bonhams in Hong Kong erzielt und lag noch unterhalb der von dem Auktionshaus angesetzten Schätzpreisspanne von HKD 8.000,00 – 12.000,00. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Fan Chang Tien erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit Red Plum with Two Rocks im Mai letzten Jahres mit einem Auktionsergebnis von HKD 264.600,00 (€ 31.413,70).

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