Cheong Soo Pieng

Sisters

Found at Sothebys, Hong Kong
Modern Day Auction, Lot 764
11. Apr - 28. Apr 2022
Estimate: 350.000 - 550.000 HKD
Price realised: 478.800 HKD
Cheong Soo Pieng
1917 - 1983
Sisters
mixed media on board
signed in Chinese (lower right); signed Soo Pieng and dated 1970 on the reverse
executed in 1970
104 by 79 cm; 41 by 31 in.
---------------------------------------
鍾泗濱 1917 - 1983年
Private Collection, USA | --------------------------------------- | 私人收藏,美國

Auction result well in line with expectations

In April last year Sothebys in Hong Kong held the auction Modern Day Auction, which included the work Sisters by Cheong Soo Pieng. The price achieved of HKD 478,800.00 (€ 57,890.41) was within expectations - the estimate range had previously been set by the auction house as HKD 350,000.00 – 550,000.00. Of course, this price has nothing to do with the top prices that other works by Cheong Soo Pieng achieve. The highest price we have observed so far was reached by the work Nature's Inspiration in November this year with an auction result of HKD 11,507,000.00 (€ 1,350,289.70).

Auktionsergebnis im Rahmen der Erwartungen

Im April letzten Jahres führte Sothebys in Hong Kong die Auktion Modern Day Auction durch, in der auch die Arbeit Sisters von Cheong Soo Pieng zur Versteigerung kam. Der dabei erzielte Preis von HKD 478.800,00 (€ 57.890,41) lag im Rahmen der Erwartungen – die Schätzpreisspanne war von dem Auktionshaus zuvor mit HKD 350.000,00 – 550.000,00 angegeben worden. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Cheong Soo Pieng erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit Nature's Inspiration im November diesen Jahres mit einem Auktionsergebnis von HKD 11.507.000,00 (€ 1.350.289,70).

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