Yi Chen
Invisible Veil No. 2
Found at
Sothebys,
New York
Contemporary Curated, Lot 388
10. Jun - 10. Jun 2015
Contemporary Curated, Lot 388
10. Jun - 10. Jun 2015
Estimate: XX.XXX
Price realised: XX.XXX
Price realised: XX.XXX
Description
Yi Chen
B.1974
INVISIBLE VEIL NO. 2
signed on the reverse; signed, titled and dated 09.07 on the overlap
oil on canvas
28 by 22 in. 71.1 by 55.9 cm.
Marianne Boesky Gallery, New York | Acquired by the present owner from the above in 2007
B.1974
INVISIBLE VEIL NO. 2
signed on the reverse; signed, titled and dated 09.07 on the overlap
oil on canvas
28 by 22 in. 71.1 by 55.9 cm.
Marianne Boesky Gallery, New York | Acquired by the present owner from the above in 2007
Auction result misses estimated price range
When the work Invisible Veil No. 2 by Chen Yi was auctioned at Sothebys in New York in June 2015, the result was somewhat disappointing. The auction house had previously given the estimated price as a range of USD 2,500.00 – 3,500.00, of which not even the lower limit was reached - in fact, the artwork changed hands for USD 313.00 (€ 280.62). Of course, this price has nothing to do with the top prices that other works by Chen Yi achieve. The highest price we have observed so far was reached by the work Kathy–The International Beauty Advocate in October 2008 with an auction result of GBP 6,250.00 (€ 7,966.51).
Auktionsergebnis verfehlt die Schätzpreisspanne
Als die Arbeit Invisible Veil No. 2 von Chen Yi im Juni 2015 bei Sothebys in New York versteigert wurde, fiel das Ergebnis ein wenig enttäuschend aus. Das Auktionshaus hatte den Schätzpreis zuvor mit einer Spanne von USD 2.500,00 – 3.500,00 angegeben, von der nicht einmal die Untergrenze erreicht wurde - tatsächlich wechselte das Kunstwerk für USD 313,00 (€ 280,62) den Besitzer. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Chen Yi erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit Kathy–The International Beauty Advocate im Oktober 2008 mit einem Auktionsergebnis von GBP 6.250,00 (€ 7.966,51).