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Huang Gang - Red Tide

Huang Gang

Red Tide

Found at Sothebys, Hong Kong
Boundless: Contemporary Art, Lot 223
10. Jun - 10. Jun 2014
Estimate: XX.XXX
Price realised: XX.XXX
Huang Gang
B. 1961
RED TIDE
signed in Chinese and Pinyin
Executed circa 2000.
acrylic and lacquer on wood carving
70 by 70 cm., 27 9/16 by 27 9/16 in.
Private Collection, Hong Kong

Auction result well in line with expectations

The work Red Tide by Huang Gang was sold in the Boundless: Contemporary Art auction at Sothebys in Hong Kong in June 2014. The price achieved of HKD 118,750.00 (€ 11,189.74) was within expectations - the estimate range had previously been set by the auction house as HKD 100,000.00 – 150,000.00. Of course, this price has nothing to do with the top prices that other works by Huang Gang achieve. The highest price we have observed so far was reached by the work Red Star (Triptych) in March 2008 with an auction result of USD 361,000.00 (€ 228,408.73).

Auktionsergebnis im Rahmen der Erwartungen

Die Arbeit Red Tide von Huang Gang wurde im Juni 2014 in der Auktion Boundless: Contemporary Art bei Sothebys in Hong Kong versteigert. Der dabei erzielte Preis von HKD 118.750,00 (€ 11.189,74) lag im Rahmen der Erwartungen – die Schätzpreisspanne war von dem Auktionshaus zuvor mit HKD 100.000,00 – 150.000,00 angegeben worden. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Huang Gang erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit Red Star (Triptych) im März 2008 mit einem Auktionsergebnis von USD 361.000,00 (€ 228.408,73).

Huang Gang - Auction history

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