Dang Xuan Hoa

Red Moon

Found at Sothebys, Hong Kong
Modern and Contemporary Southeast Asian Art – Day Sale, Lot 249
1. Oct - 1. Oct 2017
Estimate: 40.000 - 50.000 HKD
Price realised: 30.000 HKD
Dang Xuan Hoa
B. 1959
RED MOON
Signed and dated 2008
Oil on canvas
119.5 by 129.5 cm; 47 by 51 in.
Sotheby's Hong Kong, 5 April 2010, Lot 51

Auction result misses estimated price range

In October 2017 a collector was able to acquire the work Red Moon by Dang Xuan Hoa for HKD 30,000.00 (€ 3,301.85). This price was achieved in the auction Modern and Contemporary Southeast Asian Art – Day Sale at Sothebys in Hong Kong and was even below the estimate range of HKD 40,000.00 – 50,000.00 set by the auction house. Of course, this price has nothing to do with the top prices that other works by Dang Xuan Hoa achieve. The highest price we have observed so far was reached by the work Life in April 2008 with an auction result of HKD 667,500.00 (€ 55,010.44).

Auktionsergebnis verfehlt die Schätzpreisspanne

Im Oktober 2017 konnte ein Sammler die Arbeit Red Moon von Dang Xuan Hoa für HKD 30.000,00 (€ 3.301,85) erwerben. Dieser Preis wurde in der Auktion Modern and Contemporary Southeast Asian Art – Day Sale bei Sothebys in Hong Kong erzielt und lag noch unterhalb der von dem Auktionshaus angesetzten Schätzpreisspanne von HKD 40.000,00 – 50.000,00. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Dang Xuan Hoa erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit Life im April 2008 mit einem Auktionsergebnis von HKD 667.500,00 (€ 55.010,44).

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