Xu Yihui

Money and the Little Red Book

Found at Christies, Hong Kong
ASIAN CONTEMPORARY ART, Lot 353
27. NOV - 27. NOV 2005
Estimate: 20.000 - 40.000 HKD
Price realised: 120.000 HKD
XU YIHUI
(BORN IN 1964)
Money and the Little Red Book
signed and dated 'Xu Yihui; 1998-1999' in Chinese and Pinyin (on base) painted porcelain & metal sculptures
30 x 30 x 22 cm. (12 x 12 x 8 1/2 in.)
49 x 35 x 19 cm. (19 1/4 x 13 3/4 x 7 1/2 in.)
Executed in 1998-1999 (2)

Artwork auctioned at three times the upper estimate price

The work Money and the Little Red Book by Xu Yihui was worth HKD 120,000.00 (€ 13,129.77) to a buyer in November 2005. This price was achieved in the auction ASIAN CONTEMPORARY ART at Christies in Hong Kong and exceeded the previously set upper estimate of HKD 40,000.00 many times over. However, buyers have had to dig much deeper into their pockets for other works by Xu Yihui - we have observed the highest auction result to date for the work Little Red Books Series 2003-2006 (192 Books), which sold at auction in March 2007 for USD 45,600.00 (€ 34,096.01).

Kunstwerk zum Dreifachen des oberen Schätzpreises versteigert

Die Arbeit Money and the Little Red Book von Xu Yihui war einem Käufer im November 2005 HKD 120.000,00 (€ 13.129,77) wert. Dieser Preise wurde in der Auktion ASIAN CONTEMPORARY ART bei Christies in Hong Kong erzielt und übertraf den zuvor angesetzten oberen Schätzpreis von HKD 40.000,00 um ein Vielfaches. Für andere Arbeiten von Xu Yihui mussten die Käufer allerdings auch schon deutlich tiefer in die Tasche greifen – das bisher höchste Auktionsergebnis haben wir für die Arbeit Little Red Books Series 2003-2006 (192 Books) beobachtet, die im März 2007 für USD 45.600,00 (€ 34.096,01) versteigert wurde.

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