Feng Zheng Jie

Portrait Series

Found at Sothebys, New York
Contemporary Art, Lot 606
18. Mar - 18. Mar 2021
Estimate: 10.000 - 15.000 USD
Price realised: 18.900 USD
Feng Zheng Jie
b. 1968
Portrait Series
signed in English and Mandarin and dated 2006
oil on canvas
Canvas: 59 by 59 in. (150 by 150 cm.)
Framed: 63 by 63 in. (160 by 160 cm.)
Private Collection, New York (acquired directly from the artist) | Christie's London, 20 June 2007, Lot 591 | Acquired at the above sale by the present owner

Upper estimate price exceeded by 26 %.

In March 2021 Sothebys in New York held the auction Contemporary Art, which included the work Portrait Series by Feng Zhengjie. The »bidding war« ended at USD 18,900.00 (€ 16,094.69), 26% above the upper estimate. Of course, this price has nothing to do with the top prices that other works by Feng Zhengjie achieve. The highest price we have observed so far was reached by the work Chinese Portrait Series, No.08 in April 2008 with an auction result of HKD 2,887,500.00 (€ 237,966.50).

Oberer Schätzpreis um 26 % übertroffen

Im März 2021 führte Sothebys in New York die Auktion Contemporary Art durch, in der auch die Arbeit Portrait Series von Feng Zhengjie zur Versteigerung kam. Das »Bietergefecht« endete beim Preis von USD 18.900,00 (€ 16.094,69) und damit 26% über dem oberen Schätzpreis. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Feng Zhengjie erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit Chinese Portrait Series, No.08 im April 2008 mit einem Auktionsergebnis von HKD 2.887.500,00 (€ 237.966,50).

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