Min Xi-Wen
Abstraction No. 2
Estimate: 70.000 - 100.000 HKD
Price realised: 87.500 HKD
Price realised: 87.500 HKD
Description
MIN XI-WEN
(B. 1918)
Abstraction No. 2
signed and dated in Chinese (lower right)
oil on canvas
38 x 53 cm. (15 x 20 7/8 in.)
Painted in 1991
- Caves Gallery, Taipei, Taiwan | Acquired from the ab
(B. 1918)
Abstraction No. 2
signed and dated in Chinese (lower right)
oil on canvas
38 x 53 cm. (15 x 20 7/8 in.)
Painted in 1991
- Caves Gallery, Taipei, Taiwan | Acquired from the ab
Auction result well in line with expectations
The work Abstraction No. 2 by Min Xiwen was auctioned at Christies in Hong Kong in November 2010. The price achieved of HKD 87,500.00 (€ 8,645.29) was within expectations - the estimate range had previously been set by the auction house as HKD 70,000.00 – 100,000.00. However, buyers have had to dig much deeper into their pockets for other works by Min Xiwen - we have observed the highest auction result to date for the work Young Lady At A Window, which sold at auction in October 2007 for HKD 271,500.00 (€ 24,207.56).
Auktionsergebnis im Rahmen der Erwartungen
Die Arbeit Abstraction No. 2 von Min Xiwen kam im November 2010 bei Christies in Hong Kong zur Auktion. Der dabei erzielte Preis von HKD 87.500,00 (€ 8.645,29) lag im Rahmen der Erwartungen – die Schätzpreisspanne war von dem Auktionshaus zuvor mit HKD 70.000,00 – 100.000,00 angegeben worden. Für andere Arbeiten von Min Xiwen mussten die Käufer allerdings auch schon deutlich tiefer in die Tasche greifen – das bisher höchste Auktionsergebnis haben wir für die Arbeit Young Lady At A Window beobachtet, die im Oktober 2007 für HKD 271.500,00 (€ 24.207,56) versteigert wurde.