Hung Jui-Lin

Miners

Found at Sothebys, Hong Kong
20th Century Chinese Art, Lot 605
2. Apr - 2. Apr 2012
Estimate: 80.000 - 120.000 HKD
Price realised: 87.500 HKD
Hung Jui-Lin (Hong Ruilin)
1912-1996
MINERS
stamped with the artist's seal and dated 1957
ink and colour on paper
38.5 by 53 cm. 15 1/8 by 20 7/8 in.
Private Asian Collection

Auction result well in line with expectations

In April 2012 Sothebys in Hong Kong held the auction 20th Century Chinese Art, which included the work Miners by Hung Jui-Lin. The estimated price for the artwork was previously given by the auction house with a range of HKD 80,000.00 – 120,000.00, the actual price achieved of HKD 87,500.00 (€ 8,525.78) could thus just exceed the lower estimate. 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 April 2012 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 Schätzpreis für das Kunstwerk wurde von dem Auktionshaus zuvor mit einer Spanne von HKD 80.000,00 – 120.000,00 angegeben, der tatsächlich erzielte Preis von HKD 87.500,00 (€ 8.525,78) konnte den unteren Schätzpreis somit knapp übertreffen. 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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