Ma Kelu
Abstract Composition
Estimate: 100.000 - 150.000 HKD
Price realised: 175.000 HKD
Price realised: 175.000 HKD
Description
Ma Kelu
B.1954
ABSTRACT COMPOSITION
signed and initialed in Pinyin and dated 83; signed and dated 83 in Chinese on the reverse, framed
oil on canvas
81.3 by 66 cm; 32 by 26 in.
Private Collection | Koller Auction, Zurich, 17 November 2015, lot 299 | Acquired by the present owner from the above sale
B.1954
ABSTRACT COMPOSITION
signed and initialed in Pinyin and dated 83; signed and dated 83 in Chinese on the reverse, framed
oil on canvas
81.3 by 66 cm; 32 by 26 in.
Private Collection | Koller Auction, Zurich, 17 November 2015, lot 299 | Acquired by the present owner from the above sale
Upper estimated price slightly exceeded
The work Abstract Composition by Ma Kelu was auctioned at Sothebys in Hong Kong in April 2017. It achieved a price of HKD 175,000.00 (€ 20,656.26), exceeding the upper end of the estimate range by 17%. However, buyers have had to dig much deeper into their pockets for other works by Ma Kelu - we have observed the highest auction result to date for the work Light Of Reason 2, which sold at auction in October 2014 for HKD 403,560.00 (€ 41,547.68).
Oberer Schätzpreis leicht übertroffen
Die Arbeit Abstract Composition von Ma Kelu kam im April 2017 bei Sothebys in Hong Kong zur Auktion. Sie erzielte dabei einen Preis von HKD 175.000,00 (€ 20.656,26) und übertraf damit das obere Ende der Schätzpreisspanne um 17%. Für andere Arbeiten von Ma Kelu mussten die Käufer allerdings auch schon deutlich tiefer in die Tasche greifen – das bisher höchste Auktionsergebnis haben wir für die Arbeit Light Of Reason 2 beobachtet, die im Oktober 2014 für HKD 403.560,00 (€ 41.547,68) versteigert wurde.