Wei Rong
The East is Red
Estimate: 40.000 - 60.000 HKD
Price realised: 132.000 HKD
Price realised: 132.000 HKD
Description
WEI RONG
(BORN IN 1963)
The East is Red
signed and dated 'Wei Rong; 2002' in Chinese & Pinyin (middle left)
mixed media on paper
40.5 x 55 cm. (15 7/8 x 21 5/8 in.)
Painted in 2002
(BORN IN 1963)
The East is Red
signed and dated 'Wei Rong; 2002' in Chinese & Pinyin (middle left)
mixed media on paper
40.5 x 55 cm. (15 7/8 x 21 5/8 in.)
Painted in 2002
Upper estimate price exceeded by more than 100%
This artwork by Wei Rong achieved an unexpectedly high price at Christies in Hong Kong in November 2005. In the ASIAN CONTEMPORARY ART auction, the work The East is Red sold for HKD 132,000.00 (€ 14,442.75) - well above the upper estimate of HKD 60,000.00. Of course, this price has nothing to do with the top prices that other works by Wei Rong achieve. The highest price we have observed so far was reached by the work Propaganda Studio in November 2007 with an auction result of HKD 2,167,500.00 (€ 189,479.17).
Oberer Schätzpreis um mehr als 100% übertroffen
Dieses Kunstwerk von Wei Rong erzielte im November 2005 bei Christies in Hong Kong einen unerwartet hohen Preis. In der Auktion ASIAN CONTEMPORARY ART wurde die Arbeit The East is Red für HKD 132.000,00 (€ 14.442,75) versteigert – und damit weit über dem oberen Schätzpreis von HKD 60.000,00. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Wei Rong erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit Propaganda Studio im November 2007 mit einem Auktionsergebnis von HKD 2.167.500,00 (€ 189.479,17).
Wei Rong - Auction history
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