Yin Xiuzhen

Portable City - Shanghai

Found at Sothebys, Hong Kong
Contemporary Chinese Art III - The Estella Collection, Lot 1173
9. Apr - 9. Apr 2008
Estimate: 80.000 - 120.000 HKD
Price realised: 235.500 HKD
Yin Xiuzhen
B. 1963
PORTABLE CITY - SHANGHAI
signed in pinyin and titled in English, this work was executed in 2002
mixed-media installation
opened: 26 by 80 by 132 cm.; 10 1/4 by 31 1/2 by 52 in.
closed: 26 by 80 by 79 cm.; 10 1/4 by 31 1/2 by 31 1/8 in.

Upper estimate price exceeded by 96 %.

This artwork by Yin Xiuzhen achieved an unexpectedly high price at Sothebys in Hong Kong in April 2008. In the Contemporary Chinese Art III - The Estella Collection auction, the work Portable City - Shanghai sold for HKD 235,500.00 (€ 19,408.18) - well above the upper estimate of HKD 120,000.00. Despite this good result, it is not the highest hammer price for an artwork by Yin Xiuzhen; that achieved among the auctions we observed the lot Portable Cities: Vancouver sold at auction in March 2008 with the realized price of USD 49,000.00 (€ 31,002.85).

Oberer Schätzpreis um 96 % übertroffen

Dieses Kunstwerk von Yin Xiuzhen erzielte im April 2008 bei Sothebys in Hong Kong einen unerwartet hohen Preis. In der Auktion Contemporary Chinese Art III - The Estella Collection wurde die Arbeit Portable City - Shanghai für HKD 235.500,00 (€ 19.408,18) versteigert – und damit weit über dem oberen Schätzpreis von HKD 120.000,00. Trotz des guten Ergebnisses ist dies nicht der höchste Zuschlag für ein Kunstwerk von Yin Xiuzhen; den erzielte unter den von uns beobachteten Auktionen die Arbeit Portable Cities: Vancouver im März 2008 mit dem Hammerpreis von USD 49.000,00 (€ 31.002,85).

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