Huang Rui

Untitled

Found at Sothebys, Hong Kong
Contemporary Asian Art, Lot 768
3. Oct - 3. Oct 2016
Estimate: 260.000 - 360.000 HKD
Price realised: 325.000 HKD
Huang Rui
B. 1952
UNTITLED
signed in Pinyin; signed in Pinyin on the reverse, framed
oil on canvas
142 by 99.7 cm; 55⅞ by 39¼ in.
circa 1991
Private Japanese Collection

Auction result well in line with expectations

This work without title by Huang Rui was auctioned at Sothebys in Hong Kong in October 2016. The price achieved of HKD 325,000.00 (€ 38,245.76) was within expectations - the estimate range had previously been set by the auction house as HKD 260,000.00 – 360,000.00. However, buyers have had to dig much deeper into their pockets for other works by Huang Rui - we have observed the highest auction result to date for the work New Woman, which sold at auction in May 2011 for HKD 1,340,000.00 (€ 119,869.23).

Auktionsergebnis im Rahmen der Erwartungen

Diese Arbeit ohne Titel von Huang Rui kam im Oktober 2016 bei Sothebys in Hong Kong zur Auktion. Der dabei erzielte Preis von HKD 325.000,00 (€ 38.245,76) lag im Rahmen der Erwartungen – die Schätzpreisspanne war von dem Auktionshaus zuvor mit HKD 260.000,00 – 360.000,00 angegeben worden. Für andere Arbeiten von Huang Rui mussten die Käufer allerdings auch schon deutlich tiefer in die Tasche greifen – das bisher höchste Auktionsergebnis haben wir für die Arbeit New Woman beobachtet, die im Mai 2011 für HKD 1.340.000,00 (€ 119.869,23) versteigert wurde.

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