Rong Rong - Beijing Series No. 3, No. 3 And No. 5 (Set Of Three)

Rong Rong

Beijing Series No. 3, No. 3 And No. 5 (Set Of Three)

Found at Sothebys, Hong Kong
Contemporary Asian Art, Lot 884
5. Oct - 5. Oct 2015
Estimate: XX.XXX
Price realised: XX.XXX
Rong Rong
B. 1968
BEIJING SERIES NO. 3, NO. 3 AND NO. 5 (SET OF THREE)
(i) signed in Chinese and Pinyin, titled in English, dated 1997, and numbered 6/10; signed in Chinese and Pinyin, titled in English, dated 1997 and numbered 6/10 on the reverse, framed
(ii) signed in Chinese and Pinyin, titled in Chinese and English, dated 1997, and numbered 5/10; signed in Chinese and Pinyin, titled in Chinese and English, dated 1997, and numbered 5/10 on the reverse, framed
(iii) signed in Chinese and Pinyin, titled in English, dated 1997 and numbered 6/10; signed in Chinese and Pinyin, titled in English, dated 1997 on the reverse, framed
photograph
(i) 96.2 by 85.3 cm.; 37⅞ by 33⅝ in.

Auction result misses estimated price range

In October 2015 a collector was able to acquire the work Beijing Series No. 3, No. 3 And No. 5 (Set Of Three) by Rong Rong for HKD 23,750.00 (€ 2,774.63). This price was achieved in the auction Contemporary Asian Art at Sothebys in Hong Kong and was even below the estimate range of HKD 40,000.00 – 60,000.00 set by the auction house. 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

Im Oktober 2015 konnte ein Sammler die Arbeit Beijing Series No. 3, No. 3 And No. 5 (Set Of Three) von Rong Rong für HKD 23.750,00 (€ 2.774,63) erwerben. Dieser Preis wurde in der Auktion Contemporary Asian Art bei Sothebys in Hong Kong erzielt und lag noch unterhalb der von dem Auktionshaus angesetzten Schätzpreisspanne von HKD 40.000,00 – 60.000,00. 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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