Xu Lele
Appreciating Paintings
Estimate: 120.000 - 180.000 HKD
Price realised: 325.000 HKD
Price realised: 325.000 HKD
Description
Scroll, mounted and framed
Ink and colour on paper
69.2 x 64.8 cm. (27 ¼ x 25 ½ in.)
Executed in 1998
PROVENANCE
Directly acquired by the present owner from the artist
Ink and colour on paper
69.2 x 64.8 cm. (27 ¼ x 25 ½ in.)
Executed in 1998
PROVENANCE
Directly acquired by the present owner from the artist
Upper estimate price exceeded by 81 %.
This artwork by Xu Lele achieved an unexpectedly high price at Christies in Hong Kong in May 2016. In the Chinese Contemporary Ink auction, the work Appreciating Paintings sold for HKD 325,000.00 (€ 37,563.99) - well above the upper estimate of HKD 180,000.00. However, buyers have had to dig much deeper into their pockets for other works by Xu Lele - we have observed the highest auction result to date for the work Figures, which sold at auction in April 2014 for HKD 1,600,000.00 (€ 148,810.38).
Oberer Schätzpreis um 81 % übertroffen
Dieses Kunstwerk von Xu Lele erzielte im Mai 2016 bei Christies in Hong Kong einen unerwartet hohen Preis. In der Auktion Chinese Contemporary Ink wurde die Arbeit Appreciating Paintings für HKD 325.000,00 (€ 37.563,99) versteigert – und damit weit über dem oberen Schätzpreis von HKD 180.000,00. Für andere Arbeiten von Xu Lele mussten die Käufer allerdings auch schon deutlich tiefer in die Tasche greifen – das bisher höchste Auktionsergebnis haben wir für die Arbeit Figures beobachtet, die im April 2014 für HKD 1.600.000,00 (€ 148.810,38) versteigert wurde.
Xu Lele - Auction history
Other artists in this auction
