Liu Ye
Red No. 2
Estimate: 26.000.000 - 36.000.000 HKD
Price realised: 31.835.000 HKD
Price realised: 31.835.000 HKD
Description
LIU YE (B. 1964)
Red No. 2
signed and dated ‘2003 Liu ye’, signed again in Chinese (lower left)
acrylic on canvas
195 x 195 cm. (76 3⁄4 x 76 3⁄4 in.)
Painted in 2003
Red No. 2
signed and dated ‘2003 Liu ye’, signed again in Chinese (lower left)
acrylic on canvas
195 x 195 cm. (76 3⁄4 x 76 3⁄4 in.)
Painted in 2003
Auction result well in line with expectations
In November this year Christies in Hong Kong held the auction 20th/21st Century Art Evening Sale, which included the work Red No. 2 by Liu Ye. The price achieved of HKD 31,835,000.00 (€ 3,735,680.23) was within expectations - the estimate range had previously been set by the auction house as HKD 26,000,000.00 – 36,000,000.00. Other works by Liu Ye have already achieved higher auction prices, for example, in October 2019 the work Smoke was auctioned for HKD 52,182,000.00 (€ 5,964,325.41).
Auktionsergebnis im Rahmen der Erwartungen
Im November diesen Jahres führte Christies in Hong Kong die Auktion 20th/21st Century Art Evening Sale durch, in der auch die Arbeit Red No. 2 von Liu Ye zur Versteigerung kam. Der dabei erzielte Preis von HKD 31.835.000,00 (€ 3.735.680,23) lag im Rahmen der Erwartungen – die Schätzpreisspanne war von dem Auktionshaus zuvor mit HKD 26.000.000,00 – 36.000.000,00 angegeben worden. Andere Arbeiten von Liu Ye konnten bereits höhere Auktionspreise erzielen, so wurde im Oktober 2019 die Arbeit Smoke für HKD 52.182.000,00 (€ 5.964.325,41) versteigert.
Liu Ye - Auction history
Other artists in this auction
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