Gao Yu

The Tears that Miss are Blue

Found at Christies, Hong Kong
Asia+ / First Open, Lot 98
15. Mar - 15. Mar 2015
Estimate: 30.000 - 50.000 HKD
Price realised: 37.500 HKD
The Tears that Miss are Blue
signed in Chinese; inscribed 'For GG'; dated '2003.8' (lower left)
acrylic on canvas
44.8 x 37.8 cm. (17 5/8 x 14 7/8 in.)
Painted in 2003
Gallery on Old Bailey, Hong Kong, China | Acquired from the above by the present owner

Auction result well in line with expectations

In March 2015 Christies in Hong Kong held the auction Asia+ / First Open, which included the work The Tears that Miss are Blue by Gao Yu. The price achieved of HKD 37,500.00 (€ 4,503.77) was within expectations - the estimate range had previously been set by the auction house as HKD 30,000.00 – 50,000.00. Of course, this price has nothing to do with the top prices that other works by Gao Yu achieve. The highest price we have observed so far was reached by the work National Treasure(Painted in 2006) in October last year with an auction result of HKD 912,000.00 (€ 116,868.93).

Auktionsergebnis im Rahmen der Erwartungen

Im März 2015 führte Christies in Hong Kong die Auktion Asia+ / First Open durch, in der auch die Arbeit The Tears that Miss are Blue von Gao Yu zur Versteigerung kam. Der dabei erzielte Preis von HKD 37.500,00 (€ 4.503,77) lag im Rahmen der Erwartungen – die Schätzpreisspanne war von dem Auktionshaus zuvor mit HKD 30.000,00 – 50.000,00 angegeben worden. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Gao Yu erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit National Treasure(Painted in 2006) im Oktober letzten Jahres mit einem Auktionsergebnis von HKD 912.000,00 (€ 116.868,93).

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