Shen Fan
98-P-15
Estimate: 50.000 - 80.000 CNY
Price realised: 60.000 CNY
Price realised: 60.000 CNY
Description
signed 'SHENFAN' in Pinyin, titled '98-P-15' (lower left); signed in Chinese, dated '1998' (lower right)
oil on paper mounted on wood panel
98 x 68 cm. ( 38 5/8 x 26 3/4 in.)
ShanghART Gallery, Shanghai, China | Aquired directly from the above by the present owner
oil on paper mounted on wood panel
98 x 68 cm. ( 38 5/8 x 26 3/4 in.)
ShanghART Gallery, Shanghai, China | Aquired directly from the above by the present owner
Auction result well in line with expectations
In October 2016 Christies in Shanghai held the auction FIRST OPEN | Shanghai, which included the work 98-P-15 by Shen Fan. The price achieved of CNY 60,000.00 (€ 8,078.82) was within expectations - the estimate range had previously been set by the auction house as CNY 50,000.00 – 80,000.00. However, buyers have had to dig much deeper into their pockets for other works by Shen Fan - we have observed the highest auction result to date for the work 1991-M-3, which sold at auction in April 2015 for CNY 200,000.00 (€ 28,883.71).
Auktionsergebnis im Rahmen der Erwartungen
Im Oktober 2016 führte Christies in Shanghai die Auktion FIRST OPEN | Shanghai durch, in der auch die Arbeit 98-P-15 von Shen Fan zur Versteigerung kam. Der dabei erzielte Preis von CNY 60.000,00 (€ 8.078,82) lag im Rahmen der Erwartungen – die Schätzpreisspanne war von dem Auktionshaus zuvor mit CNY 50.000,00 – 80.000,00 angegeben worden. Für andere Arbeiten von Shen Fan mussten die Käufer allerdings auch schon deutlich tiefer in die Tasche greifen – das bisher höchste Auktionsergebnis haben wir für die Arbeit 1991-M-3 beobachtet, die im April 2015 für CNY 200.000,00 (€ 28.883,71) versteigert wurde.
Shen Fan - Auction history
Other artists in this auction
