Song YuanYuan

Fei Tian

Found at Phillips, 29 June -
Let Loose: Online Auction, Lot Ж17
6. Jul - 6. Jul 2023
Estimate: 30.000 - 50.000 HKD
Price realised: 19.050 HKD
signed with the artist's initials, titled with the title's initials, and dated 'FT SYY 2013' lower right; further signed with the artist's initials and dated 'SYY 2013' on the reverse
oil on canvas
120 x 80.5 cm. (47 1/4 x 31 3/4 in.)
Painted in 2013.

Auction result misses estimated price range

When the work Fei Tian by Song Yuanyuan was auctioned at Phillips in 29 June - in July this year, the result was somewhat disappointing. The auction house had previously given the estimated price as a range of HKD 30,000.00 – 50,000.00, of which not even the lower limit was reached - in fact, the artwork changed hands for HKD 19,050.00 (€ 2,216.16). Of course, this price has nothing to do with the top prices that other works by Song Yuanyuan achieve. The highest price we have observed so far was reached by the work Polyhedron (Diptych) in April 2015 with an auction result of HKD 437,500.00 (€ 50,562.18).

Auktionsergebnis verfehlt die Schätzpreisspanne

Als die Arbeit Fei Tian von Song Yuanyuan im Juli diesen Jahres bei Phillips in 29 June - versteigert wurde, fiel das Ergebnis ein wenig enttäuschend aus. Das Auktionshaus hatte den Schätzpreis zuvor mit einer Spanne von HKD 30.000,00 – 50.000,00 angegeben, von der nicht einmal die Untergrenze erreicht wurde - tatsächlich wechselte das Kunstwerk für HKD 19.050,00 (€ 2.216,16) den Besitzer. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Song Yuanyuan erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit Polyhedron (Diptych) im April 2015 mit einem Auktionsergebnis von HKD 437.500,00 (€ 50.562,18).

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