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Luong Xuan Nhi - Late Afternoon Chimes

Luong Xuan Nhi

Late Afternoon Chimes

Found at Christies, Hong Kong
Asian 20th Century & Contemporary Art (Evening Sale), Lot 9
28. Nov - 28. Nov 2015
Estimate: XX.XXX
Price realised: XX.XXX
signed 'Luong Xuan Nhi' (lower right) and signed and inscribed in Chinese (lower left)
ink and gouache on silk
45.5 x 58 cm. (17 7/8 x 22 7/8 in.)
Painted in 1940
two seals of the artist
Acquired directly from the artist in Hanoi, 1941 | Private collection of Mr. Baffleul, President of the Hanoi Chamber of Commerce, and thence by descent to the previous owners | Acquired from the above in 1997 by Mr. Philip Ng, Singapore | An Important Collection Of Vietnamese Paintings Featuring The Philip Ng Collection, Sotheby’s Hong Kong, 8 April 2008, Lot 707 | Acquired from the above sale by the present owner

Auction result well in line with expectations

The work Late Afternoon Chimes by Luong Xuan Nhi was sold in the Asian 20th Century & Contemporary Art (Evening Sale) auction at Christies in Hong Kong in November 2015. The price achieved of HKD 1,180,000.00 (€ 144,120.43) was within expectations - the estimate range had previously been set by the auction house as HKD 1,000,000.00 – 1,400,000.00. However, buyers have had to dig much deeper into their pockets for other works by Luong Xuan Nhi - we have observed the highest auction result to date for the work Le Repos (Resting), which sold at auction in July 2020 for HKD 5,165,000.00 (€ 565,895.19).

Auktionsergebnis im Rahmen der Erwartungen

Die Arbeit Late Afternoon Chimes von Luong Xuan Nhi wurde im November 2015 in der Auktion Asian 20th Century & Contemporary Art (Evening Sale) bei Christies in Hong Kong versteigert. Der dabei erzielte Preis von HKD 1.180.000,00 (€ 144.120,43) lag im Rahmen der Erwartungen – die Schätzpreisspanne war von dem Auktionshaus zuvor mit HKD 1.000.000,00 – 1.400.000,00 angegeben worden. Für andere Arbeiten von Luong Xuan Nhi mussten die Käufer allerdings auch schon deutlich tiefer in die Tasche greifen – das bisher höchste Auktionsergebnis haben wir für die Arbeit Le Repos (Resting) beobachtet, die im Juli 2020 für HKD 5.165.000,00 (€ 565.895,19) versteigert wurde.

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