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Hsiao Ju-Sung - Early Spring

Hsiao Ju-Sung

Early Spring

Found at Sothebys, Hong Kong
Modern Asian Art, Lot 825
1. Oct - 1. Oct 2018
Estimate: XX.XXX
Price realised: XX.XXX
Hsiao Ju-Sung
1922-1992
EARLY SPRING
executed in 1976
The 39th Tai Yang Art Exhibition exhibition label affixed to the reverse
signed in Pinyin
watercolour on paper
71 by 100 cm; 30 by 39 ⅜ in. 
Sotheby's, Taipei, 19 October 1997, Lot 110 | Private Asian Collection 

Auction result well in line with expectations

The work Early Spring by Xiao Rusong was auctioned at Sothebys in Hong Kong in October 2018. The price achieved of HKD 475,000.00 (€ 53,485.70) was within expectations - the estimate range had previously been set by the auction house as HKD 400,000.00 – 600,000.00. However, buyers have had to dig much deeper into their pockets for other works by Xiao Rusong - we have observed the highest auction result to date for the work Still Life by The Window, which sold at auction in May 2018 for HKD 1,375,000.00 (€ 150,224.94).

Auktionsergebnis im Rahmen der Erwartungen

Die Arbeit Early Spring von Xiao Rusong kam im Oktober 2018 bei Sothebys in Hong Kong zur Auktion. Der dabei erzielte Preis von HKD 475.000,00 (€ 53.485,70) lag im Rahmen der Erwartungen – die Schätzpreisspanne war von dem Auktionshaus zuvor mit HKD 400.000,00 – 600.000,00 angegeben worden. Für andere Arbeiten von Xiao Rusong mussten die Käufer allerdings auch schon deutlich tiefer in die Tasche greifen – das bisher höchste Auktionsergebnis haben wir für die Arbeit Still Life by The Window beobachtet, die im Mai 2018 für HKD 1.375.000,00 (€ 150.224,94) versteigert wurde.

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