Yu Hong - Music - Dong Dong / Dolcezza (Two Works)

Yu Hong

Music - Dong Dong / Dolcezza (Two Works)

Found at Sothebys, Hong Kong
Contemporary Asian Art, Lot 743
3. Oct - 3. Oct 2016
Estimate: 70.000 - 90.000 HKD
Price realised: 68.750 HKD
Description
Yu Hong
B. 1966
MUSIC - DONG DONG / DOLCEZZA (TWO WORKS)
both signed in Pinyin and dated 2006
acrylic on silk
(i) 400 by 113 cm; 157½ by 44½ in.
(ii) 405 by 113 cm; 159½ by 44½ in.
en de

Auction result misses estimated price range

In October 2016 a collector was able to acquire the work Music - Dong Dong / Dolcezza (Two Works) by Yu Hong for HKD 68,750.00 (€ 8,090.45). This price was achieved in the auction Contemporary Asian Art at Sothebys in Hong Kong and was even below the estimate range of HKD 70,000.00 – 90,000.00 set by the auction house. Of course, this price has nothing to do with the top prices that other works by Yu Hong achieve. The highest price we have observed so far was reached by the work Portrait With Alternating Red And Green in April 2011 with an auction result of HKD 5,060,000.00 (€ 439,732.81).

Auktionsergebnis verfehlt die Schätzpreisspanne

Im Oktober 2016 konnte ein Sammler die Arbeit Music - Dong Dong / Dolcezza (Two Works) von Yu Hong für HKD 68.750,00 (€ 8.090,45) erwerben. Dieser Preis wurde in der Auktion Contemporary Asian Art bei Sothebys in Hong Kong erzielt und lag noch unterhalb der von dem Auktionshaus angesetzten Schätzpreisspanne von HKD 70.000,00 – 90.000,00. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Yu Hong erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit Portrait With Alternating Red And Green im April 2011 mit einem Auktionsergebnis von HKD 5.060.000,00 (€ 439.732,81).

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