Xu Zhen
Under Heaven-3233Gk0416
Estimate: 300.000 - 500.000 HKD
Price realised: 375.000 HKD
Price realised: 375.000 HKD
Description
Xu Zhen
B.1977
UNDER HEAVEN-3233GK0416
signed in Pinyin and dated 2014 on the reverse
oil on canvas mounted on aluminum board
90 by 120 cm; 35⅜ by 47¼ in.
Acquired directly from the artist by the present owner
B.1977
UNDER HEAVEN-3233GK0416
signed in Pinyin and dated 2014 on the reverse
oil on canvas mounted on aluminum board
90 by 120 cm; 35⅜ by 47¼ in.
Acquired directly from the artist by the present owner
Auction result well in line with expectations
The work Under Heaven-3233Gk0416 by Xu Zhen was sold in the Contemporary Art – Day Sale auction at Sothebys in Hong Kong in October 2017. The price achieved of HKD 375,000.00 (€ 41,273.18) 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 Under Heaven-3233Gk0416 von Xu Zhen wurde im Oktober 2017 in der Auktion Contemporary Art – Day Sale bei Sothebys in Hong Kong versteigert. Der dabei erzielte Preis von HKD 375.000,00 (€ 41.273,18) 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.
Xu Zhen - Auction history
Other artists in this auction
