Xu Bing

Five Series of Repetition: (I) Haystack Reflection; (II) Black Pool; (III) Withered Pool; (IV) Pool of Life; (V) Black Tadpoles; (VI) Field; (VII) Big River; (VIII) Moving Cloud; (IX) Farmland; (X) Mountain Place

Found at Phillips, Hong Kong Auction
20th Century & Contemporary Art & Design Day Sale in Association with Poly Auction, Lot 181
29. Nov - 29. Nov 2021
Estimate: 300.000 - 500.000 HKD
Price realised: 378.000 HKD

Auction result well in line with expectations

The work Five Series of Repetition: (I) Haystack Reflection; (II) Black Pool; (III) Withered Pool; (IV) Pool of Life; (V) Black Tadpoles; (VI) Field; (VII) Big River; (VIII) Moving Cloud; (IX) Farmland; (X) Mountain Place by Xu Bing was auctioned at Phillips in Hong Kong in November 2021. The price achieved of HKD 378,000.00 (€ 42,029.77) was within expectations - the estimate range had previously been set by the auction house as HKD 300,000.00 – 500,000.00. Of course, this price has nothing to do with the top prices that other works by Xu Bing achieve. The highest price we have observed so far was reached by the work The Living Word in April 2008 with an auction result of HKD 7,607,500.00 (€ 626,954.17).

Auktionsergebnis im Rahmen der Erwartungen

Die Arbeit Five Series of Repetition: (I) Haystack Reflection; (II) Black Pool; (III) Withered Pool; (IV) Pool of Life; (V) Black Tadpoles; (VI) Field; (VII) Big River; (VIII) Moving Cloud; (IX) Farmland; (X) Mountain Place von Xu Bing kam im November 2021 bei Phillips in Hong Kong zur Auktion. Der dabei erzielte Preis von HKD 378.000,00 (€ 42.029,77) lag im Rahmen der Erwartungen – die Schätzpreisspanne war von dem Auktionshaus zuvor mit HKD 300.000,00 – 500.000,00 angegeben worden. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Xu Bing erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit The Living Word im April 2008 mit einem Auktionsergebnis von HKD 7.607.500,00 (€ 626.954,17).

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