Qiu Jiongjiong

Sleeping Lotus

Found at POLY, Hong Kong
Chinese and Asian Modern and Contemporary Art, Lot 259
6. Apr - 6. Apr 2015
Estimate: 80.000 - 120.000 HKD
Price realised: 94.400 HKD
Painted in 2000
oil on canvas
80 x 179 cm. (31 1/2 x 70 1/2 in.)
signed in Chinese; dated '2000' (lower right)

Auction result well in line with expectations

The work Sleeping Lotus by Qiu Jiongjiong was sold in the Chinese and Asian Modern and Contemporary Art auction at POLY in Hong Kong in April 2015. The price achieved of HKD 94,400.00 (€ 10,909.87) was within expectations - the estimate range had previously been set by the auction house as HKD 80,000.00 – 120,000.00. However, buyers have had to dig much deeper into their pockets for other works by Qiu Jiongjiong - we have observed the highest auction result to date for the work Apprentice, which sold at auction in April 2015 for HKD 236,000.00 (€ 27,274.68).

Auktionsergebnis im Rahmen der Erwartungen

Die Arbeit Sleeping Lotus von Qiu Jiongjiong wurde im April 2015 in der Auktion Chinese and Asian Modern and Contemporary Art bei POLY in Hong Kong versteigert. Der dabei erzielte Preis von HKD 94.400,00 (€ 10.909,87) lag im Rahmen der Erwartungen – die Schätzpreisspanne war von dem Auktionshaus zuvor mit HKD 80.000,00 – 120.000,00 angegeben worden. Für andere Arbeiten von Qiu Jiongjiong mussten die Käufer allerdings auch schon deutlich tiefer in die Tasche greifen – das bisher höchste Auktionsergebnis haben wir für die Arbeit Apprentice beobachtet, die im April 2015 für HKD 236.000,00 (€ 27.274,68) versteigert wurde.

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