Li Shuang - One Of The Eight Immortals That Ascends To Heaven

Li Shuang

One Of The Eight Immortals That Ascends To Heaven

Found at Sothebys, Hong Kong
Contemporary Chinese Art, Lot 427
5. Oct - 5. Oct 2008
Estimate: XX.XXX
Price realised: XX.XXX
Li Shuang
B. 1957
ONE OF THE EIGHT IMMORTALS THAT ASCENDS TO HEAVEN
signed in pinyin and dated 2000, framed
oil on canvas
161.5 by 129.8cm.; 63 1/4 by 51 1/8 in.

Auction result misses estimated price range

In October 2008 a collector was able to acquire the work One Of The Eight Immortals That Ascends To Heaven by Li Shuang for HKD 118,750.00 (€ 12,079.13). This price was achieved in the auction Contemporary Chinese Art at Sothebys in Hong Kong and was even below the estimate range of HKD 120,000.00 – 160,000.00 set by the auction house. Of course, this price has nothing to do with the top prices that other works by Li Shuang achieve. The highest price we have observed so far was reached by the work Red And Black in December 2013 with an auction result of CNY 1,888,000.00 (€ 226,357.21).

Auktionsergebnis verfehlt die Schätzpreisspanne

Im Oktober 2008 konnte ein Sammler die Arbeit One Of The Eight Immortals That Ascends To Heaven von Li Shuang für HKD 118.750,00 (€ 12.079,13) erwerben. Dieser Preis wurde in der Auktion Contemporary Chinese Art bei Sothebys in Hong Kong erzielt und lag noch unterhalb der von dem Auktionshaus angesetzten Schätzpreisspanne von HKD 120.000,00 – 160.000,00. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Li Shuang erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit Red And Black im Dezember 2013 mit einem Auktionsergebnis von CNY 1.888.000,00 (€ 226.357,21).

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