Liu Wei
Purple Air 5
Found at
Phillips,
Hong Kong Auction
20th Century & Contemporary Art Evening Sale in Association with Poly Auction, Lot Ж33
8. Jun - 8. Jun 2021
20th Century & Contemporary Art Evening Sale in Association with Poly Auction, Lot Ж33
8. Jun - 8. Jun 2021
Estimate: 1.200.000 - 2.200.000 HKD
Price realised: 1.764.000 HKD
Price realised: 1.764.000 HKD
Description
signed and dated 'Liu Wei [in Chinese and Pinyin] 2006' on the reverse
oil on canvas
250.5 x 180.2 cm. (98 5/8 x 70 7/8 in.)
Painted in 2006.
oil on canvas
250.5 x 180.2 cm. (98 5/8 x 70 7/8 in.)
Painted in 2006.
Auction result well in line with expectations
The work Purple Air 5 by Liu Wei was sold in the 20th Century & Contemporary Art Evening Sale in Association with Poly Auction auction at Phillips in Hong Kong in June 2021. The price achieved of HKD 1,764,000.00 (€ 191,616.14) was within expectations - the estimate range had previously been set by the auction house as HKD 1,200,000.00 – 2,200,000.00. Of course, this price has nothing to do with the top prices that other works by Liu Wei achieve. The highest price we have observed so far was reached by the work The Revolutionary Family Series (Triptych) in April 2016 with an auction result of HKD 38,840,000.00 (€ 4,375,907.70).
Auktionsergebnis im Rahmen der Erwartungen
Die Arbeit Purple Air 5 von Liu Wei wurde im Juni 2021 in der Auktion 20th Century & Contemporary Art Evening Sale in Association with Poly Auction bei Phillips in Hong Kong versteigert. Der dabei erzielte Preis von HKD 1.764.000,00 (€ 191.616,14) lag im Rahmen der Erwartungen – die Schätzpreisspanne war von dem Auktionshaus zuvor mit HKD 1.200.000,00 – 2.200.000,00 angegeben worden. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Liu Wei erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit The Revolutionary Family Series (Triptych) im April 2016 mit einem Auktionsergebnis von HKD 38.840.000,00 (€ 4.375.907,70).