Feng Bin

Distance In The Fog

Found at Sothebys, New York
Contemporary Art Asia, Lot 289
17. Mar - 17. Mar 2008
Estimate: 12.000 - 15.000 USD
Price realised: 73.000 USD
Feng Bin
B. 1962
DISTANCE IN THE FOG
signed in Pinyin and dated 2001; signed and titled in Chinese and English and dated 2001 on the reverse
chinese pigments, acrylic, and rice paper on canvas
55 1/8 by 70 7/8 in. 140 by 180 cm.
Acquired by the present owner directly from the artist

Artwork auctioned at four times the upper estimate price

When the work Distance In The Fog by Feng Bin was auctioned at Sothebys in New York in March 2008, the result exceeded expectations many times over. The upper estimate was set at a - in retrospect quite modest - USD 15,000.00 but the actual price achieved was more than four times as high at USD 73,000.00 (€ 46,187.92). Despite this good result, it is not the highest hammer price for an artwork by Feng Bin; that achieved among the auctions we observed the lot 2012 Black and White Tango II sold at auction in October 2014 with the realized price of HKD 483,000.00 (€ 49,726.26).

Kunstwerk zum Vierfachen des oberen Schätzpreises versteigert

Als die Arbeit Distance In The Fog von Feng Bin im März 2008 bei Sothebys in New York versteigert wurde, übertraf das Ergebnis die Erwartungen um ein Vielfaches. Der obere Schätzpreis war mit – rückwirkend betrachtet recht bescheidenen – USD 15.000,00 angesetzt, der tatsächlich erzielte Preis hingegen war mit USD 73.000,00 (€ 46.187,92) mehr als viermal so hoch. Trotz des guten Ergebnisses ist dies nicht der höchste Zuschlag für ein Kunstwerk von Feng Bin; den erzielte unter den von uns beobachteten Auktionen die Arbeit 2012 Black and White Tango II im Oktober 2014 mit dem Hammerpreis von HKD 483.000,00 (€ 49.726,26).

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47 auction results
Cui Xiuwen - One Day In 2004 No. 3 (Triptych)
Cui Xiuwen
Auction: 17. Mar - 17. Mar 2008
Title: One Day In 2004 No. 3 (Triptych)
Price: 34.600 USD
Found at Sothebys
56 auction results
Chen Jiagang - Third Front - Jin Sha
Chen Jiagang
Auction: 17. Mar - 17. Mar 2008
Title: Third Front - Jin Sha
Price: 27.400 USD
Found at Sothebys
19 auction results
Xing Danwen - Urban Fiction No. 26
Xing Danwen
Auction: 17. Mar - 17. Mar 2008
Title: Urban Fiction No. 26
Price: 22.500 USD
Found at Sothebys
18 auction results
Yin Xiuzhen - Portable Cities: Vancouver
Yin Xiuzhen
Auction: 17. Mar - 17. Mar 2008
Title: Portable Cities: Vancouver
Price: 49.000 USD
Found at Sothebys
10 auction results
Zeng Fanzhi - Mask Series No. 11 (Triptych)
Zeng Fanzhi
Auction: 17. Mar - 17. Mar 2008
Title: Mask Series No. 11 (Triptych)
Price: 1.217.000 USD
Found at Sothebys
444 auction results
Yayoi Kusama - Flowers
Yayoi Kusama
Auction: 17. Mar - 17. Mar 2008
Title: Flowers
Price: 32.200 USD
Found at Sothebys
2,291 auction results