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Li Wei - Free Degree Over 25th Story

Li Wei

Free Degree Over 25th Story

Found at Christies, New York (Online Auction)
Asian Contemporary Art Online: featuring the Chaney Family Collection, Lot 7021
20.Nov - 27.Nov.2017
Estimate: XX.XXX
Price realised: XX.XXX
signed and dated in Chinese; signed, numbered, and dated 'Liwei. 2004. 6.19. 3/8' (lower right)
chromogenic print
153 x 153 cm. (60¼ x 60¼ in.)
Executed in 2004
edition 3/8
Please note this lot is the property of a private consignor.
Acquired directly from the artist by the present owner

Upper estimate price exceeded by 38 %.

The work Free Degree Over 25th Story by Li Wei was auctioned at Christies in New York in November 2017. It achieved a price of USD 2,750.00 (€ 2,311.31), exceeding the upper end of the estimate range by 38%. Admittedly, works by Li Wei have also been auctioned for a multiple of this price - according to our records, the highest result so far was achieved by the work Freedegree Over 29Th Story, Soho, Beijing, 2003 in May 2008 with an auction result of GBP 11,250.00 (€ 14,310.49).

Oberer Schätzpreis um 38 % übertroffen

Die Arbeit Free Degree Over 25th Story von Li Wei kam im November 2017 bei Christies in New York zur Auktion. Sie erzielte dabei einen Preis von USD 2.750,00 (€ 2.311,31) und übertraf damit das obere Ende der Schätzpreisspanne um 38%. Freilich wurden Arbeiten von Li Wei auch schon für ein Vielfaches dieses Preises versteigert – das bisher höchste Ergebnis erzielte nach unseren Aufzeichnungen die Arbeit Freedegree Over 29Th Story, Soho, Beijing, 2003 im Mai 2008 mit einem Auktionsergebnis von GBP 11.250,00 (€ 14.310,49).

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