Zhang Hui
Beijing Wawa - Mermaid
Found at
Sothebys,
New York
Contemporary Art, Lot 143
21. Sep - 21. Sep 2012
Contemporary Art, Lot 143
21. Sep - 21. Sep 2012
Estimate: XX.XXX
Price realised: XX.XXX
Price realised: XX.XXX
Description
Zhang Hui
B. 1969
BEIJING WAWA - MERMAID
signed in Chinese, signed with artist's initials, titled in Chinese and English, dated 2006, and numbered 4/8 on the reverse
fiberglass
40 by 17 by 13 in.
101.6 by 43.2 by 33 cm.
Executed in 2006, this work is number 4 from an edition of 8.
Krampf & Pei Gallery, New York | Acquired by the present owner from the above in 2008
B. 1969
BEIJING WAWA - MERMAID
signed in Chinese, signed with artist's initials, titled in Chinese and English, dated 2006, and numbered 4/8 on the reverse
fiberglass
40 by 17 by 13 in.
101.6 by 43.2 by 33 cm.
Executed in 2006, this work is number 4 from an edition of 8.
Krampf & Pei Gallery, New York | Acquired by the present owner from the above in 2008
Auction result misses estimated price range
When the work Beijing Wawa - Mermaid by Zhang Hui was auctioned at Sothebys in New York in September 2012, the result was somewhat disappointing. The auction house had previously given the estimated price as a range of USD 8,000.00 – 12,000.00, of which not even the lower limit was reached - in fact, the artwork changed hands for USD 6,875.00 (€ 5,347.70). Admittedly, works by Zhang Hui have also been auctioned for a multiple of this price - according to our records, the highest result so far was achieved by the work Miraculous Slop Analysis 1 in May 2014 with an auction result of HKD 525,000.00 (€ 49,651.76).
Auktionsergebnis verfehlt die Schätzpreisspanne
Als die Arbeit Beijing Wawa - Mermaid von Zhang Hui im September 2012 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 8.000,00 – 12.000,00 angegeben, von der nicht einmal die Untergrenze erreicht wurde - tatsächlich wechselte das Kunstwerk für USD 6.875,00 (€ 5.347,70) den Besitzer. Freilich wurden Arbeiten von Zhang Hui auch schon für ein Vielfaches dieses Preises versteigert – das bisher höchste Ergebnis erzielte nach unseren Aufzeichnungen die Arbeit Miraculous Slop Analysis 1 im Mai 2014 mit einem Auktionsergebnis von HKD 525.000,00 (€ 49.651,76).
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