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Yu Chengyao - Abundant Spring

Yu Chengyao

Abundant Spring

Found at Sothebys, Hong Kong
Modern and Contemporary Art Evening Sale, Lot 1016
2. Apr - 2. Apr 2017
Estimate: XX.XXX
Price realised: XX.XXX
Yu Chengyao
1898-1993
ABUNDANT SPRING
signed, titled in Chinese and stamped with the artist's seal
ink and colour on paper
94 by 185.5 cm; 37 by 73 in. 
Christie's, Hong Kong, 29 May 2010, Lot 1009 | Acquired directly from the above sale by the present important private Asian collector

Auction result well in line with expectations

The work Abundant Spring by Yu Chengyao was auctioned at Sothebys in Hong Kong in April 2017. It changed hands for a price of HKD 4,300,000.00 (€ 507,553.92) achieving a result in the upper range of the estimate price range of HKD 3,500,000.00 – 4,500,000.00. Other works by Yu Chengyao have already achieved higher auction prices, for example, in November 2008 the work Magnificent Landscape was auctioned for HKD 5,780,000.00 (€ 587,379.86).

Auktionsergebnis im Rahmen der Erwartungen

Die Arbeit Abundant Spring von Yu Chengyao kam im April 2017 bei Sothebys in Hong Kong zur Auktion. Dabei wechselte sie für einen Preis von HKD 4.300.000,00 (€ 507.553,92) den Besitzer und erzielte damit ein Ergebnis im oberen Bereich der Schätzpreisspanne von HKD 3.500.000,00 – 4.500.000,00. Andere Arbeiten von Yu Chengyao konnten bereits höhere Auktionspreise erzielen, so wurde im November 2008 die Arbeit Magnificent Landscape für HKD 5.780.000,00 (€ 587.379,86) versteigert.

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