Rong Rong

Beijing 1996 No. 5

Found at Sothebys, Hong Kong
Contemporary Asian Art, Lot 996
6. Apr - 6. Apr 2014
Estimate: 20.000 - 30.000 HKD
Price realised: 17.500 HKD
Rong Rong
B. 1968
BEIJING 1996 NO. 5
titled in English, signed in Chinese and Pinyin, dated 1996, and numbered 3/10, framed
gelatin silver print
151 by 100cm.; 59½ by 39⅜ in.

Auction result misses estimated price range

This work of art by Rong Rong could be acquired at Sothebys in Hong Kong in April 2014 for an unexpectedly low price. In the Contemporary Asian Art auction, the work Beijing 1996 No. 5 changed hands for HKD 17,500.00 (€ 1,627.61) - missing the lower end of the estimate range of HKD 20,000.00 – 30,000.00. Of course, this price has nothing to do with the top prices that other works by Rong Rong achieve. The highest price we have observed so far was reached by the work Rong Rong'S East Village, 1993-1998 (Set Of Forty Prints) in October 2010 with an auction result of HKD 475,000.00 (€ 44,101.77).

Auktionsergebnis verfehlt die Schätzpreisspanne

Dieses Kunstwerk von Rong Rong konnte im April 2014 bei Sothebys in Hong Kong für einen unerwartet niedrigen Preis ersteigert werden. In der Auktion Contemporary Asian Art wechselte die Arbeit Beijing 1996 No. 5 für HKD 17.500,00 (€ 1.627,61) den Besitzer – und verfehlte damit das untere Ende der Schätzpreisspanne von HKD 20.000,00 – 30.000,00. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Rong Rong erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit Rong Rong'S East Village, 1993-1998 (Set Of Forty Prints) im Oktober 2010 mit einem Auktionsergebnis von HKD 475.000,00 (€ 44.101,77).

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