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Shen Xiaotong - 2006-2007 No. 14

Shen Xiaotong

2006-2007 No. 14

Found at Sothebys, New York
Contemporary Art Asia, Lot 7
17. Mar - 17. Mar 2008
Estimate: XX.XXX
Price realised: XX.XXX
Shen Xiaotong
B. 1968
2006-2007 NO. 14
signed in Chinese and Pinyin, titled, and dated 2007 on the reverse
oil on canvas
59 by 70 7/8 in. 150 by 180 cm.
Shine Art Space, Shanghai | Private Collection, Shanghai

Auction result misses estimated price range

This work of art by Shen Xiaotong could be acquired at Sothebys in New York in March 2008 for an unexpectedly low price. In the Contemporary Art Asia auction, the work 2006-2007 No. 14 changed hands for USD 22,500.00 (€ 14,236.00) - missing the lower end of the estimate range of USD 30,000.00 – 50,000.00. However, buyers have had to dig much deeper into their pockets for other works by Shen Xiaotong - we have observed the highest auction result to date for the work No. 18, which sold at auction in May 2007 for HKD 480,000.00 (€ 45,705.79).

Auktionsergebnis verfehlt die Schätzpreisspanne

Dieses Kunstwerk von Shen Xiaotong konnte im März 2008 bei Sothebys in New York für einen unerwartet niedrigen Preis ersteigert werden. In der Auktion Contemporary Art Asia wechselte die Arbeit 2006-2007 No. 14 für USD 22.500,00 (€ 14.236,00) den Besitzer – und verfehlte damit das untere Ende der Schätzpreisspanne von USD 30.000,00 – 50.000,00. Für andere Arbeiten von Shen Xiaotong mussten die Käufer allerdings auch schon deutlich tiefer in die Tasche greifen – das bisher höchste Auktionsergebnis haben wir für die Arbeit No. 18 beobachtet, die im Mai 2007 für HKD 480.000,00 (€ 45.705,79) versteigert wurde.

Shen Xiaotong - Auction history

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