Genieve Figgis

Flying Bed

Found at Christies, Hong Kong
21st Century Art Day Sale, Lot 329
29. May - 29. May 2023
Estimate: 450.000 - 550.000 HKD
Price realised: 441.000 HKD
GENIEVE FIGGIS (B. 1972)
Flying Bed
signed and dated 'Genieve Figgis 2016' (on the reverse)
acrylic on canvas
119.4 x 119.4 cm. (47 x 47 in.)
Painted in 2016

Auction result misses estimated price range

When the work Flying Bed by Genieve Figgis was auctioned at Christies in Hong Kong in May this year, the result was somewhat disappointing. The auction house had previously given the estimated price as a range of HKD 450,000.00 – 550,000.00, of which not even the lower limit was reached - in fact, the artwork changed hands for HKD 441,000.00 (€ 52,858.74). Of course, this price has nothing to do with the top prices that other works by Genieve Figgis achieve. The highest price we have observed so far was reached by the work Debutants Ball in March last year with an auction result of CNY 4,032,000.00 (€ 573,196.07).

Auktionsergebnis verfehlt die Schätzpreisspanne

Als die Arbeit Flying Bed von Genieve Figgis im Mai diesen Jahres bei Christies in Hong Kong versteigert wurde, fiel das Ergebnis ein wenig enttäuschend aus. Das Auktionshaus hatte den Schätzpreis zuvor mit einer Spanne von HKD 450.000,00 – 550.000,00 angegeben, von der nicht einmal die Untergrenze erreicht wurde - tatsächlich wechselte das Kunstwerk für HKD 441.000,00 (€ 52.858,74) den Besitzer. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Genieve Figgis erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit Debutants Ball im März letzten Jahres mit einem Auktionsergebnis von CNY 4.032.000,00 (€ 573.196,07).

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