Hong Lei
Peony Pavilion & Lotus From The Water
Estimate: 8.000 - 10.000 HKD
Price realised: 47.500 HKD
Price realised: 47.500 HKD
Description
Hong Lei
B.1960
PEONY PAVILION & LOTUS FROM THE WATER
(i) signed and titled in Chinese, dated 2000, and numbered 4/10, framed
(ii) signed and titled in Chinese, dated 1998, and numbered 4/10, framed
photograph
(i) 121.5 by 121.5cm.; 47⅞ by 47⅞ in.
(ii) 103.5 by 141.5cm.; 40¾ by 55¾ in.
B.1960
PEONY PAVILION & LOTUS FROM THE WATER
(i) signed and titled in Chinese, dated 2000, and numbered 4/10, framed
(ii) signed and titled in Chinese, dated 1998, and numbered 4/10, framed
photograph
(i) 121.5 by 121.5cm.; 47⅞ by 47⅞ in.
(ii) 103.5 by 141.5cm.; 40¾ by 55¾ in.
Artwork auctioned at four times the upper estimate price
The work Peony Pavilion & Lotus From The Water by Hong Lei was worth HKD 47,500.00 (€ 4,417.81) to a buyer in April 2014. This price was achieved in the auction Contemporary Asian Art at Sothebys in Hong Kong and exceeded the previously set upper estimate of HKD 10,000.00 many times over. Admittedly, works by Hong Lei have also been auctioned for a multiple of this price - according to our records, the highest result so far was achieved by the work Speak, Memory in May 2008 with an auction result of GBP 18,500.00 (€ 23,532.81).
Kunstwerk zum Vierfachen des oberen Schätzpreises versteigert
Die Arbeit Peony Pavilion & Lotus From The Water von Hong Lei war einem Käufer im April 2014 HKD 47.500,00 (€ 4.417,81) wert. Dieser Preise wurde in der Auktion Contemporary Asian Art bei Sothebys in Hong Kong erzielt und übertraf den zuvor angesetzten oberen Schätzpreis von HKD 10.000,00 um ein Vielfaches. Freilich wurden Arbeiten von Hong Lei auch schon für ein Vielfaches dieses Preises versteigert – das bisher höchste Ergebnis erzielte nach unseren Aufzeichnungen die Arbeit Speak, Memory im Mai 2008 mit einem Auktionsergebnis von GBP 18.500,00 (€ 23.532,81).