Qiu Yacai

Untitled

Found at Christies, Hong Kong (Online Auction)
Modern & Contemporary Art Online: Come Fly with Me, Lot 6059
30.Jun - 14.Jul.2020
Estimate: 200.000 - 300.000 HKD
Price realised: 212.500 HKD
signed in Chinese (lower left)
oil on canvas
129.5 x 96 cm. (51 x 37 3/4 in.)
Hanart TZ Gallery, Hong Kong  | Private Collection, New York (acquired from the above by the present owner) 

Auction result well in line with expectations

This work without title by Qiu Yacai was sold in the Modern & Contemporary Art Online: Come Fly with Me auction at Christies in Hong Kong in July 2020. The estimated price for the artwork was previously given by the auction house with a range of HKD 200,000.00 – 300,000.00, the actual price achieved of HKD 212,500.00 (€ 23,282.23) could thus just exceed the lower estimate. Admittedly, works by Qiu Yacai have also been auctioned for a multiple of this price - according to our records, the highest result so far was achieved by the work Model(Painted In 1993) in October 2017 with an auction result of HKD 1,534,000.00 (€ 168,834.82).

Auktionsergebnis im Rahmen der Erwartungen

Diese Arbeit ohne Titel von Qiu Yacai wurde im Juli 2020 in der Auktion Modern & Contemporary Art Online: Come Fly with Me bei Christies in Hong Kong versteigert. Der Schätzpreis für das Kunstwerk wurde von dem Auktionshaus zuvor mit einer Spanne von HKD 200.000,00 – 300.000,00 angegeben, der tatsächlich erzielte Preis von HKD 212.500,00 (€ 23.282,23) konnte den unteren Schätzpreis somit knapp übertreffen. Freilich wurden Arbeiten von Qiu Yacai auch schon für ein Vielfaches dieses Preises versteigert – das bisher höchste Ergebnis erzielte nach unseren Aufzeichnungen die Arbeit Model(Painted In 1993) im Oktober 2017 mit einem Auktionsergebnis von HKD 1.534.000,00 (€ 168.834,82).

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