Rong Rong
Beijing East Village No.2 (Set Of Four)
Estimate: 30.000 - 50.000 HKD
Price realised: 200.000 HKD
Price realised: 200.000 HKD
Description
Rong Rong
B. 1968
BEIJING EAST VILLAGE NO.2 (SET OF FOUR)
(i) titled in English, signed in Pinyin, dated 1994 and numbered 11/16; signed and titled in Chinese, dated 1994 and numbered 11/16 on the reverse, framed
(ii), (iii), (iv) each titled in Chinese, signed in Pinyin and Chinese, dated 1994 and numbered 9/16, framed
photograph
(i) 44 by 60cm.; 17⅜ in. by 23⅝ in.
(ii), (iii), (iv) 48 by 58cm.; 18⅞ by 22⅞ in.
B. 1968
BEIJING EAST VILLAGE NO.2 (SET OF FOUR)
(i) titled in English, signed in Pinyin, dated 1994 and numbered 11/16; signed and titled in Chinese, dated 1994 and numbered 11/16 on the reverse, framed
(ii), (iii), (iv) each titled in Chinese, signed in Pinyin and Chinese, dated 1994 and numbered 9/16, framed
photograph
(i) 44 by 60cm.; 17⅜ in. by 23⅝ in.
(ii), (iii), (iv) 48 by 58cm.; 18⅞ by 22⅞ in.
Artwork auctioned at four times the upper estimate price
When the work Beijing East Village No.2 (Set Of Four) by Rong Rong was auctioned at Sothebys in Hong Kong in April 2014, the result exceeded expectations many times over. The upper estimate was set at a - in retrospect quite modest - HKD 50,000.00 but the actual price achieved was more than four times as high at HKD 200,000.00 (€ 18,601.30). However, buyers have had to dig much deeper into their pockets for other works by Rong Rong - we have observed the highest auction result to date for the work Rong Rong'S East Village, 1993-1998 (Set Of Forty Prints), which sold at auction in October 2010 for HKD 475,000.00 (€ 44,101.77).
Kunstwerk zum Vierfachen des oberen Schätzpreises versteigert
Als die Arbeit Beijing East Village No.2 (Set Of Four) von Rong Rong im April 2014 bei Sothebys in Hong Kong versteigert wurde, übertraf das Ergebnis die Erwartungen um ein Vielfaches. Der obere Schätzpreis war mit – rückwirkend betrachtet recht bescheidenen – HKD 50.000,00 angesetzt, der tatsächlich erzielte Preis hingegen war mit HKD 200.000,00 (€ 18.601,30) mehr als viermal so hoch. Für andere Arbeiten von Rong Rong mussten die Käufer allerdings auch schon deutlich tiefer in die Tasche greifen – das bisher höchste Auktionsergebnis haben wir für die Arbeit Rong Rong'S East Village, 1993-1998 (Set Of Forty Prints) beobachtet, die im Oktober 2010 für HKD 475.000,00 (€ 44.101,77) versteigert wurde.