Xue Feng
Transform-4
Found at
Christies,
Shanghai
Asian and Western 20th Century & Contemporary Art, Lot 242
24. Oct - 24. Oct 2014
Asian and Western 20th Century & Contemporary Art, Lot 242
24. Oct - 24. Oct 2014
Estimate: 80.000 - 160.000 CNY
Price realised: 250.000 CNY
Price realised: 250.000 CNY
Description
Xue Feng (b.1973)
Transform-4
signed 'Xue Feng' in Chinese and Pinyin, inscribed, titled and dated '2011' (on the reverse)
oil on canvas
160 x 200 cm. (63 x 78 3/4 in.)
Painted in 2011
Transform-4
signed 'Xue Feng' in Chinese and Pinyin, inscribed, titled and dated '2011' (on the reverse)
oil on canvas
160 x 200 cm. (63 x 78 3/4 in.)
Painted in 2011
Upper estimate price exceeded by 56 %.
In October 2014 Christies in Shanghai held the auction Asian and Western 20th Century & Contemporary Art, which included the work Transform-4 by Xue Feng. The »bidding war« ended at CNY 250,000.00 (€ 32,641.66), 56% above the upper estimate. Despite this good result, it is not the highest hammer price for an artwork by Xue Feng; that achieved among the auctions we observed the lot Flashback-20 (Diptych) sold at auction in October 2016 with the realized price of HKD 400,000.00 (€ 47,071.70).
Oberer Schätzpreis um 56 % übertroffen
Im Oktober 2014 führte Christies in Shanghai die Auktion Asian and Western 20th Century & Contemporary Art durch, in der auch die Arbeit Transform-4 von Xue Feng zur Versteigerung kam. Das »Bietergefecht« endete beim Preis von CNY 250.000,00 (€ 32.641,66) und damit 56% über dem oberen Schätzpreis. Trotz des guten Ergebnisses ist dies nicht der höchste Zuschlag für ein Kunstwerk von Xue Feng; den erzielte unter den von uns beobachteten Auktionen die Arbeit Flashback-20 (Diptych) im Oktober 2016 mit dem Hammerpreis von HKD 400.000,00 (€ 47.071,70).