H'Ung Cin Pang

Embroidering

Found at Christies, Hong Kong
IMPORTANT 20TH CEN CHIN PAINTINGS FROM THE YAGEO FOUNDATION, Lot 751
31. Oct - 31. Oct 2004
Estimate: 540.000 - 780.000 HKD
Price realised: 657.250 HKD
H'UNG CIN PANG
(PANG XUNCHIN, 1906-1985)
Embroidering
signed 'Pang Xunchin; H'ung Cin Pang' in Pinyin & Chinese (lower left & right)
Watercolour on paper
30.2 x 40 cm. (11 1/4 x 15 1/4 in.)
Painted circa 1939-45

Auction result well in line with expectations

In October 2004 Christies in Hong Kong held the auction IMPORTANT 20TH CEN CHIN PAINTINGS FROM THE YAGEO FOUNDATION, which included the work Embroidering by Pang Xunqin. The price achieved of HKD 657,250.00 (€ 66,209.71) was within expectations - the estimate range had previously been set by the auction house as HKD 540,000.00 – 780,000.00. Of course, this price has nothing to do with the top prices that other works by Pang Xunqin achieve. The highest price we have observed so far was reached by the work Red Roof (Painted In 1977) in April this year with an auction result of HKD 840,000.00 (€ 857,804.35).

Auktionsergebnis im Rahmen der Erwartungen

Im Oktober 2004 führte Christies in Hong Kong die Auktion IMPORTANT 20TH CEN CHIN PAINTINGS FROM THE YAGEO FOUNDATION durch, in der auch die Arbeit Embroidering von Pang Xunqin zur Versteigerung kam. Der dabei erzielte Preis von HKD 657.250,00 (€ 66.209,71) lag im Rahmen der Erwartungen – die Schätzpreisspanne war von dem Auktionshaus zuvor mit HKD 540.000,00 – 780.000,00 angegeben worden. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Pang Xunqin erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit Red Roof (Painted In 1977) im April diesen Jahres mit einem Auktionsergebnis von HKD 840.000,00 (€ 857.804,35).

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