Yu Li

Loquats

Found at Christies, Hong Kong
Fine Modern and Contemporary Chinese Paintings I & II, Lot 997
29. May - 29. May 2006
Estimate: 20.000 - 30.000 HKD
Price realised: 21.600 HKD
YU LI (1862-1922)
Loquats
Hanging scroll, ink and colour on paper
43.5 x 32.7 cm. (17 1/8 x 12 7/8 in.)
Signed, with one seal of the artist

Auction result well in line with expectations

In May 2006 Christies in Hong Kong held the auction Fine Modern and Contemporary Chinese Paintings I & II, which included the work Loquats by Yu Li. The estimated price for the artwork was previously given by the auction house with a range of HKD 20,000.00 – 30,000.00, the actual price achieved of HKD 21,600.00 (€ 2,169.59) could thus just exceed the lower estimate. Admittedly, works by Yu Li have also been auctioned for a multiple of this price - according to our records, the highest result so far was achieved by the work Ink Spirit No. 5 in October 2015 with an auction result of HKD 141,600.00 (€ 16,542.66).

Auktionsergebnis im Rahmen der Erwartungen

Im Mai 2006 führte Christies in Hong Kong die Auktion Fine Modern and Contemporary Chinese Paintings I & II durch, in der auch die Arbeit Loquats von Yu Li zur Versteigerung kam. Der Schätzpreis für das Kunstwerk wurde von dem Auktionshaus zuvor mit einer Spanne von HKD 20.000,00 – 30.000,00 angegeben, der tatsächlich erzielte Preis von HKD 21.600,00 (€ 2.169,59) konnte den unteren Schätzpreis somit knapp übertreffen. Freilich wurden Arbeiten von Yu Li auch schon für ein Vielfaches dieses Preises versteigert – das bisher höchste Ergebnis erzielte nach unseren Aufzeichnungen die Arbeit Ink Spirit No. 5 im Oktober 2015 mit einem Auktionsergebnis von HKD 141.600,00 (€ 16.542,66).

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