Li Shan
Sub-Rouge
Found at
Christies,
Hong Kong
20th and 21st Century Art Afternoon Session, Lot 244
25. May - 25. May 2021
20th and 21st Century Art Afternoon Session, Lot 244
25. May - 25. May 2021
Estimate: 800.000 - 1.200.000 HKD
Price realised: 812.500 HKD
Price realised: 812.500 HKD
Description
Li Shan (B. 1942)
signed and inscribed in Chinese, signed and dated ‘Li Shan 1998’ (on the reverse); inscribed ‘250 x 168 cm. ‘No. 98 - 3’ (on the overlap)
oil on canvas
239.5 x 165.5 cm. (94 1/4 x 65 1/8 in.)
Painted in 1998
ShanghArt Gallery, Shanghai, China | Acquired from the above by the previous owner | Anon. sale, Christie’s Hong Kong, 25 May 2013, Lot 28 | Private Collection, Asia (Acquired from the above by the present owner)
signed and inscribed in Chinese, signed and dated ‘Li Shan 1998’ (on the reverse); inscribed ‘250 x 168 cm. ‘No. 98 - 3’ (on the overlap)
oil on canvas
239.5 x 165.5 cm. (94 1/4 x 65 1/8 in.)
Painted in 1998
ShanghArt Gallery, Shanghai, China | Acquired from the above by the previous owner | Anon. sale, Christie’s Hong Kong, 25 May 2013, Lot 28 | Private Collection, Asia (Acquired from the above by the present owner)
Auction result well in line with expectations
In May 2021 Christies in Hong Kong held the auction 20th and 21st Century Art Afternoon Session, which included the work Sub-Rouge by Li Shan. The estimated price for the artwork was previously given by the auction house with a range of HKD 800,000.00 – 1,200,000.00, the actual price achieved of HKD 812,500.00 (€ 85,887.53) could thus just exceed the lower estimate. Of course, this price has nothing to do with the top prices that other works by Li Shan achieve. The highest price we have observed so far was reached by the work Rouge in October 2014 with an auction result of HKD 11,210,000.00 (€ 1,154,102.15).
Auktionsergebnis im Rahmen der Erwartungen
Im Mai 2021 führte Christies in Hong Kong die Auktion 20th and 21st Century Art Afternoon Session durch, in der auch die Arbeit Sub-Rouge von Li Shan zur Versteigerung kam. Der Schätzpreis für das Kunstwerk wurde von dem Auktionshaus zuvor mit einer Spanne von HKD 800.000,00 – 1.200.000,00 angegeben, der tatsächlich erzielte Preis von HKD 812.500,00 (€ 85.887,53) konnte den unteren Schätzpreis somit knapp übertreffen. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Li Shan erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit Rouge im Oktober 2014 mit einem Auktionsergebnis von HKD 11.210.000,00 (€ 1.154.102,15).
Li Shan - Auction history
Other artists in this auction
