Hung Jui-Lin

Miners

Found at Sothebys, Hong Kong
20th Century Chinese Art, Lot 762
3. Oct - 3. Oct 2011
Estimate: 80.000 - 120.000 HKD
Price realised: 93.750 HKD
Hung Jui-Lin (Hong Ruilin)
1912-1996
MINERS
stamped with the artist's seal and dated 1960
executed in 1960.
ink and colour on paper
37.5 by 52 cm. 14 3/4 by 20 1/2 in.
D.D.Art Space, Taipei | Private Taiwanese Collection

Auction result well in line with expectations

In October 2011 Sothebys in Hong Kong held the auction 20th Century Chinese Art, which included the work Miners by Hung Jui-Lin. The price achieved of HKD 93,750.00 (€ 8,657.78) was within expectations - the estimate range had previously been set by the auction house as HKD 80,000.00 – 120,000.00. However, buyers have had to dig much deeper into their pockets for other works by Hung Jui-Lin - we have observed the highest auction result to date for the work Illumination Underground, which sold at auction in April 2015 for HKD 283,200.00 (€ 32,729.62).

Auktionsergebnis im Rahmen der Erwartungen

Im Oktober 2011 führte Sothebys in Hong Kong die Auktion 20th Century Chinese Art durch, in der auch die Arbeit Miners von Hung Jui-Lin zur Versteigerung kam. Der dabei erzielte Preis von HKD 93.750,00 (€ 8.657,78) lag im Rahmen der Erwartungen – die Schätzpreisspanne war von dem Auktionshaus zuvor mit HKD 80.000,00 – 120.000,00 angegeben worden. Für andere Arbeiten von Hung Jui-Lin mussten die Käufer allerdings auch schon deutlich tiefer in die Tasche greifen – das bisher höchste Auktionsergebnis haben wir für die Arbeit Illumination Underground beobachtet, die im April 2015 für HKD 283.200,00 (€ 32.729,62) versteigert wurde.

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