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Szeto Lap - Red Camelia

Szeto Lap

Red Camelia

Found at Sothebys, Hong Kong
Modern Asian Art, Lot 5048
3. Oct - 3. Oct 2016
Estimate: XX.XXX
Price realised: XX.XXX
Szeto Lap (Situ Li)
B. 1949
RED CAMELIA
signed in Pinyin and dated 2015
oil on canvas
140 by 90 cm; 55 1/8 by 35 3/4 in.
Private Asian Collection

Auction result well in line with expectations

In October 2016 Sothebys in Hong Kong held the auction Modern Asian Art, which included the work Red Camelia by Szeto Lap. The price achieved of HKD 350,000.00 (€ 41,187.74) was within expectations - the estimate range had previously been set by the auction house as HKD 280,000.00 – 380,000.00. However, buyers have had to dig much deeper into their pockets for other works by Szeto Lap - we have observed the highest auction result to date for the work Silver Chateau, which sold at auction in April 2015 for HKD 1,062,500.00 (€ 122,793.85).

Auktionsergebnis im Rahmen der Erwartungen

Im Oktober 2016 führte Sothebys in Hong Kong die Auktion Modern Asian Art durch, in der auch die Arbeit Red Camelia von Szeto Lap zur Versteigerung kam. Der dabei erzielte Preis von HKD 350.000,00 (€ 41.187,74) lag im Rahmen der Erwartungen – die Schätzpreisspanne war von dem Auktionshaus zuvor mit HKD 280.000,00 – 380.000,00 angegeben worden. Für andere Arbeiten von Szeto Lap mussten die Käufer allerdings auch schon deutlich tiefer in die Tasche greifen – das bisher höchste Auktionsergebnis haben wir für die Arbeit Silver Chateau beobachtet, die im April 2015 für HKD 1.062.500,00 (€ 122.793,85) versteigert wurde.

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