Xu Lei
Shattered Illusion
Estimate: 500.000 - 800.000 HKD
Price realised: 625.000 HKD
Price realised: 625.000 HKD
Description
Xu Lei
B. 1963
SHATTERED ILLUSION
signed, titled and dated 1997 lower right in pencil on mounting
ink and colour on paper, framed
64 by 50.5 cm; 25 by 19¾ in.
Browse & Darby, London | Acquired by the family of the present owners
B. 1963
SHATTERED ILLUSION
signed, titled and dated 1997 lower right in pencil on mounting
ink and colour on paper, framed
64 by 50.5 cm; 25 by 19¾ in.
Browse & Darby, London | Acquired by the family of the present owners
Auction result well in line with expectations
The work Shattered Illusion by Xu Lei was sold in the Contemporary Ink Art: Confluence auction at Sothebys in Hong Kong in October 2017. The price achieved of HKD 625,000.00 (€ 68,788.63) was within expectations - the estimate range had previously been set by the auction house as HKD 500,000.00 – 800,000.00. Admittedly, works by Xu Lei have also been auctioned for a multiple of this price - according to our records, the highest result so far was achieved by the work Decent Of The Moon in April 2015 with an auction result of HKD 5,900,000.00 (€ 681,867.05).
Auktionsergebnis im Rahmen der Erwartungen
Die Arbeit Shattered Illusion von Xu Lei wurde im Oktober 2017 in der Auktion Contemporary Ink Art: Confluence bei Sothebys in Hong Kong versteigert. Der dabei erzielte Preis von HKD 625.000,00 (€ 68.788,63) lag im Rahmen der Erwartungen – die Schätzpreisspanne war von dem Auktionshaus zuvor mit HKD 500.000,00 – 800.000,00 angegeben worden. Freilich wurden Arbeiten von Xu Lei auch schon für ein Vielfaches dieses Preises versteigert – das bisher höchste Ergebnis erzielte nach unseren Aufzeichnungen die Arbeit Decent Of The Moon im April 2015 mit einem Auktionsergebnis von HKD 5.900.000,00 (€ 681.867,05).
Xu Lei - Auction history
Other artists in this auction
