Shang Yang
To Friends
Found at
POLY,
Hong Kong
Chinese and Asian Modern and Contemporary Art, Lot 151
5. Oct - 5. Oct 2015
Chinese and Asian Modern and Contemporary Art, Lot 151
5. Oct - 5. Oct 2015
Estimate: 1.400.000 - 2.400.000 HKD
Price realised: 1.652.000 HKD
Price realised: 1.652.000 HKD
Description
Painted in 1992
oil on linen
81 x 100 cm. (31 1/4 x 39 1/4 in.)
signed and dated 'SHANG YANG 1992.' (lower right); titled and signed in Chinese; dated '1992' (on the reverse)
oil on linen
81 x 100 cm. (31 1/4 x 39 1/4 in.)
signed and dated 'SHANG YANG 1992.' (lower right); titled and signed in Chinese; dated '1992' (on the reverse)
Auction result well in line with expectations
The work To Friends by Shang Yang was auctioned at POLY in Hong Kong in October 2015. The price achieved of HKD 1,652,000.00 (€ 192,997.65) was within expectations - the estimate range had previously been set by the auction house as HKD 1,400,000.00 – 2,400,000.00. However, buyers have had to dig much deeper into their pockets for other works by Shang Yang - we have observed the highest auction result to date for the work Dong Qichang'S Plan - 4 (Diptych), which sold at auction in October 2015 for HKD 5,480,000.00 (€ 640,210.11).
Auktionsergebnis im Rahmen der Erwartungen
Die Arbeit To Friends von Shang Yang kam im Oktober 2015 bei POLY in Hong Kong zur Auktion. Der dabei erzielte Preis von HKD 1.652.000,00 (€ 192.997,65) lag im Rahmen der Erwartungen – die Schätzpreisspanne war von dem Auktionshaus zuvor mit HKD 1.400.000,00 – 2.400.000,00 angegeben worden. Für andere Arbeiten von Shang Yang mussten die Käufer allerdings auch schon deutlich tiefer in die Tasche greifen – das bisher höchste Auktionsergebnis haben wir für die Arbeit Dong Qichang'S Plan - 4 (Diptych) beobachtet, die im Oktober 2015 für HKD 5.480.000,00 (€ 640.210,11) versteigert wurde.
Shang Yang - Auction history
Other artists in this auction
