Xu Zhen
Galileo's Bird
Found at
Phillips,
Hong Kong Auction
20th Century & Contemporary Art & Design Day Sale, Lot 158
26. May - 26. May 2019
20th Century & Contemporary Art & Design Day Sale, Lot 158
26. May - 26. May 2019
Estimate: 300.000 - 500.000 HKD
Price realised: 375.000 HKD
Price realised: 375.000 HKD
Description
2012
mixed media on canvas
267.5 x 180.5 x 17.5 cm. (105 3/8 x 71 1/8 x 6 7/8 in.)
Executed in 2012.
Long March Space, Beijing | Acquired from the above by the present owner
mixed media on canvas
267.5 x 180.5 x 17.5 cm. (105 3/8 x 71 1/8 x 6 7/8 in.)
Executed in 2012.
Long March Space, Beijing | Acquired from the above by the present owner
Auction result well in line with expectations
The work Galileo's Bird by Xu Zhen was auctioned at Phillips in Hong Kong in May 2019. The price achieved of HKD 375,000.00 (€ 42,918.65) was within expectations - the estimate range had previously been set by the auction house as HKD 300,000.00 – 500,000.00. However, buyers have had to dig much deeper into their pockets for other works by Xu Zhen - we have observed the highest auction result to date for the work Under Heaven-2207FI1312, which sold at auction in April 2014 for CNY 810,000.00 (€ 93,439.08).
Auktionsergebnis im Rahmen der Erwartungen
Die Arbeit Galileo's Bird von Xu Zhen kam im Mai 2019 bei Phillips in Hong Kong zur Auktion. Der dabei erzielte Preis von HKD 375.000,00 (€ 42.918,65) lag im Rahmen der Erwartungen – die Schätzpreisspanne war von dem Auktionshaus zuvor mit HKD 300.000,00 – 500.000,00 angegeben worden. Für andere Arbeiten von Xu Zhen mussten die Käufer allerdings auch schon deutlich tiefer in die Tasche greifen – das bisher höchste Auktionsergebnis haben wir für die Arbeit Under Heaven-2207FI1312 beobachtet, die im April 2014 für CNY 810.000,00 (€ 93.439,08) versteigert wurde.