Peng Wei
Beautiful Brocade I
Found at
Christies,
Hong Kong
Chinese Contemporary Ink, Lot 843
27.Nov - 27.Nov.2017
Chinese Contemporary Ink, Lot 843
27.Nov - 27.Nov.2017
Estimate: XX.XXX
Price realised: XX.XXX
Price realised: XX.XXX
Description
Scroll, mounted and framed
Ink and colour on paper
80 x 153 cm. (31 1/2 x 60 1/4 in.)
Executed in 2004
LITERATURE
Christina Sui (ed.), New Freehand Paintings of Six Artists, Yisulang Art Gallery, Singapore, June 2004, pp. 8-9
Ink and colour on paper
80 x 153 cm. (31 1/2 x 60 1/4 in.)
Executed in 2004
LITERATURE
Christina Sui (ed.), New Freehand Paintings of Six Artists, Yisulang Art Gallery, Singapore, June 2004, pp. 8-9
Upper estimate price exceeded by 79 %.
This artwork by Peng Wei achieved an unexpectedly high price at Christies in Hong Kong in November 2017. In the Chinese Contemporary Ink auction, the work Beautiful Brocade I sold for HKD 750,000.00 (€ 80,748.87) - well above the upper estimate of HKD 420,000.00. However, buyers have had to dig much deeper into their pockets for other works by Peng Wei - we have observed the highest auction result to date for the work Reunion Of The Lost Stones At Gen Yue, which sold at auction in April 2017 for HKD 2,242,000.00 (€ 264,636.26).
Oberer Schätzpreis um 79 % übertroffen
Dieses Kunstwerk von Peng Wei erzielte im November 2017 bei Christies in Hong Kong einen unerwartet hohen Preis. In der Auktion Chinese Contemporary Ink wurde die Arbeit Beautiful Brocade I für HKD 750.000,00 (€ 80.748,87) versteigert – und damit weit über dem oberen Schätzpreis von HKD 420.000,00. Für andere Arbeiten von Peng Wei mussten die Käufer allerdings auch schon deutlich tiefer in die Tasche greifen – das bisher höchste Auktionsergebnis haben wir für die Arbeit Reunion Of The Lost Stones At Gen Yue beobachtet, die im April 2017 für HKD 2.242.000,00 (€ 264.636,26) versteigert wurde.
Peng Wei - Auction history
