Rong Rong

East Village Beijing No. 19

Found at Sothebys, Hong Kong
Contemporary Asian Art, Lot 944
5. Apr - 5. Apr 2013
Estimate: 75.000 - 100.000 HKD
Price realised: 60.000 HKD
Rong Rong
B. 1968
EAST VILLAGE BEIJING NO. 19
signed in Chinese and Pinyin, titled in English, numbered 10/15 and dated 1994, framed
photograph
156.5 by 120 cm.; 59 by 39⅜ in.

Auction result misses estimated price range

When the work East Village Beijing No. 19 by Rong Rong was auctioned at Sothebys in Hong Kong in April 2013, the result was somewhat disappointing. The auction house had previously given the estimated price as a range of HKD 75,000.00 – 100,000.00, of which not even the lower limit was reached - in fact, the artwork changed hands for HKD 60,000.00 (€ 5,873.33). Admittedly, works by Rong Rong have also been auctioned for a multiple of this price - according to our records, the highest result so far was achieved 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

Als die Arbeit East Village Beijing No. 19 von Rong Rong im April 2013 bei Sothebys in Hong Kong versteigert wurde, fiel das Ergebnis ein wenig enttäuschend aus. Das Auktionshaus hatte den Schätzpreis zuvor mit einer Spanne von HKD 75.000,00 – 100.000,00 angegeben, von der nicht einmal die Untergrenze erreicht wurde - tatsächlich wechselte das Kunstwerk für HKD 60.000,00 (€ 5.873,33) den Besitzer. Freilich wurden Arbeiten von Rong Rong auch schon für ein Vielfaches dieses Preises versteigert – das bisher höchste Ergebnis erzielte nach unseren Aufzeichnungen 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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