Kao Yu
Living Under the Red Flag series-Passion, Vision & Revolution
Found at
Christies,
Hong Kong
20th Century Chinese Art & Asian Contemporary Art, Lot 374
29. MAY - 29. MAY 2005
20th Century Chinese Art & Asian Contemporary Art, Lot 374
29. MAY - 29. MAY 2005
Estimate: 30.000 - 50.000 HKD
Price realised: 204.000 HKD
Price realised: 204.000 HKD
Description
KAO YU
(BORN IN 1981)
Living Under the Red Flag series-Passion, Vision & Revolution
signed and dated 'Kao Yu; 2003'in Chinese (lower left & right)
acrylic on canvas
140 x 120 cm. (55 x 47 in.) x 3 pieces
Painted in 2003 (3)
(BORN IN 1981)
Living Under the Red Flag series-Passion, Vision & Revolution
signed and dated 'Kao Yu; 2003'in Chinese (lower left & right)
acrylic on canvas
140 x 120 cm. (55 x 47 in.) x 3 pieces
Painted in 2003 (3)
Artwork auctioned at four times the upper estimate price
When the work Living Under the Red Flag series-Passion, Vision & Revolution by Kao Yu was auctioned at Christies in Hong Kong in May 2005, the result exceeded expectations many times over. The upper estimate was set at a - in retrospect quite modest - HKD 50,000.00 but the actual price achieved was more than four times as high at HKD 204,000.00 (€ 21,244.15). However, buyers have had to dig much deeper into their pockets for other works by Kao Yu - we have observed the highest auction result to date for the work Milky Way Hero, which sold at auction in May 2014 for HKD 562,500.00 (€ 53,198.31).
Kunstwerk zum Vierfachen des oberen Schätzpreises versteigert
Als die Arbeit Living Under the Red Flag series-Passion, Vision & Revolution von Kao Yu im Mai 2005 bei Christies in Hong Kong versteigert wurde, übertraf das Ergebnis die Erwartungen um ein Vielfaches. Der obere Schätzpreis war mit – rückwirkend betrachtet recht bescheidenen – HKD 50.000,00 angesetzt, der tatsächlich erzielte Preis hingegen war mit HKD 204.000,00 (€ 21.244,15) mehr als viermal so hoch. Für andere Arbeiten von Kao Yu mussten die Käufer allerdings auch schon deutlich tiefer in die Tasche greifen – das bisher höchste Auktionsergebnis haben wir für die Arbeit Milky Way Hero beobachtet, die im Mai 2014 für HKD 562.500,00 (€ 53.198,31) versteigert wurde.
Kao Yu - Auction history
Other artists in this auction
