Liang Yuanwei

Piece Of Life No. 5

Found at Sothebys, Hong Kong
Contemporary Asian Art, Lot 822
3. Apr - 3. Apr 2017
Estimate: 600.000 - 800.000 HKD
Price realised: 687.500 HKD
Liang Yuanwei
B. 1977
PIECE OF LIFE NO. 5
signed in Chinese and Pinyin, titled in Chinese and English and dated 2006 on the reverse, framed
oil on canvas
140 by 120 cm; 55⅛ by 47¼ in.
Boers-Li Gallery, Beijing | Guy Ullens Collection | Sotheby's, Hong Kong, The Ullens Collection, 2 October 2011, lot 179 | Acquired by the present owner from the above sale

Auction result well in line with expectations

The work Piece Of Life No. 5 by Liang Yuanwei was sold in the Contemporary Asian Art auction at Sothebys in Hong Kong in April 2017. The price achieved of HKD 687,500.00 (€ 81,149.61) was within expectations - the estimate range had previously been set by the auction house as HKD 600,000.00 – 800,000.00. Of course, this price has nothing to do with the top prices that other works by Liang Yuanwei achieve. The highest price we have observed so far was reached by the work Styx River in May this year with an auction result of HKD 14,895,000.00 (€ 1,785,330.86).

Auktionsergebnis im Rahmen der Erwartungen

Die Arbeit Piece Of Life No. 5 von Liang Yuanwei wurde im April 2017 in der Auktion Contemporary Asian Art bei Sothebys in Hong Kong versteigert. Der dabei erzielte Preis von HKD 687.500,00 (€ 81.149,61) lag im Rahmen der Erwartungen – die Schätzpreisspanne war von dem Auktionshaus zuvor mit HKD 600.000,00 – 800.000,00 angegeben worden. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Liang Yuanwei erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit Styx River im Mai diesen Jahres mit einem Auktionsergebnis von HKD 14.895.000,00 (€ 1.785.330,86).

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