George Chann

Untitled

Found at Christies, Hong Kong (Online Auction)
Contemporary Art Asia: Hong Kong Edition, Lot 613
22.Mai - 29.Mai.2018
Estimate: 15.000 - 25.000 HKD
Price realised: 16.250 HKD
signed 'GEO. CHANN' (lower left)
watercolour on paper
30.8 x 41.5 cm. (12 1/8 x 16 3/8 in.)
Painted in 1970
Collection of the artist by descent to the present owner

Auction result well in line with expectations

In May 2018 Christies in Hong Kong held the auction Contemporary Art Asia: Hong Kong Edition, which included this untitled work by George Chann. The estimated price for the artwork was previously given by the auction house with a range of HKD 15,000.00 – 25,000.00, the actual price achieved of HKD 16,250.00 (€ 1,775.39) could thus just exceed the lower estimate. Of course, this price has nothing to do with the top prices that other works by George Chann achieve. The highest price we have observed so far was reached by the work A Peach Blossom Garden in April 2017 with an auction result of HKD 4,130,000.00 (€ 487,487.84).

Auktionsergebnis im Rahmen der Erwartungen

Im Mai 2018 führte Christies in Hong Kong die Auktion Contemporary Art Asia: Hong Kong Edition durch, in der auch diese Arbeit ohne Titel von George Chann zur Versteigerung kam. Der Schätzpreis für das Kunstwerk wurde von dem Auktionshaus zuvor mit einer Spanne von HKD 15.000,00 – 25.000,00 angegeben, der tatsächlich erzielte Preis von HKD 16.250,00 (€ 1.775,39) konnte den unteren Schätzpreis somit knapp übertreffen. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von George Chann erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit A Peach Blossom Garden im April 2017 mit einem Auktionsergebnis von HKD 4.130.000,00 (€ 487.487,84).

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