Xu Lei
Horse • Free Run
Estimate: 2.400.000 - 3.200.000 HKD
Price realised: 2.980.000 HKD
Price realised: 2.980.000 HKD
Description
Scroll, mounted and framed
Ink and colour on silk
88 x 148 cm. (34 5/8 x 58 1/4 in.)
Executed in 2014
PROVENANCE
Kwai Fung Hin Art Gallery, Hong Kong
Acquired from the above by the present owner
Ink and colour on silk
88 x 148 cm. (34 5/8 x 58 1/4 in.)
Executed in 2014
PROVENANCE
Kwai Fung Hin Art Gallery, Hong Kong
Acquired from the above by the present owner
Auction result well in line with expectations
The work Horse • Free Run by Xu Lei was sold in the Chinese Contemporary Ink auction at Christies in Hong Kong in November 2017. The price achieved of HKD 2,980,000.00 (€ 320,842.16) was within expectations - the estimate range had previously been set by the auction house as HKD 2,400,000.00 – 3,200,000.00. However, buyers have had to dig much deeper into their pockets for other works by Xu Lei - we have observed the highest auction result to date for the work Decent Of The Moon, which sold at auction in April 2015 for HKD 5,900,000.00 (€ 681,867.05).
Auktionsergebnis im Rahmen der Erwartungen
Die Arbeit Horse • Free Run von Xu Lei wurde im November 2017 in der Auktion Chinese Contemporary Ink bei Christies in Hong Kong versteigert. Der dabei erzielte Preis von HKD 2.980.000,00 (€ 320.842,16) lag im Rahmen der Erwartungen – die Schätzpreisspanne war von dem Auktionshaus zuvor mit HKD 2.400.000,00 – 3.200.000,00 angegeben worden. Für andere Arbeiten von Xu Lei mussten die Käufer allerdings auch schon deutlich tiefer in die Tasche greifen – das bisher höchste Auktionsergebnis haben wir für die Arbeit Decent Of The Moon beobachtet, die im April 2015 für HKD 5.900.000,00 (€ 681.867,05) versteigert wurde.
Xu Lei - Auction history
Other artists in this auction
