Pang Jiun

Lishui River Welcomes Early Spring

Found at POLY, Grand Hyatt Hong Kong
Modern and Contemporary Art, Lot 142
7. Oct - 7. Oct 2023
Estimate: 320.000 - 550.000 HKD
Price realised: 384.000 HKD
Description: Painted 2012-2013oil on canvas59 x 71.5 cm. (23 1/4 x 28 1/4 in.)signed in Chinese; dated '2013' (lower right) one seal of the artist
.

Auction result well in line with expectations

The work Lishui River Welcomes Early Spring by Pang Jiun was sold in the Modern and Contemporary Art auction at POLY in Grand Hyatt Hong Kong in October this year. The price achieved of HKD 384,000.00 (€ 46,437.55) was within expectations - the estimate range had previously been set by the auction house as HKD 320,000.00 – 550,000.00. Of course, this price has nothing to do with the top prices that other works by Pang Jiun achieve. The highest price we have observed so far was reached by the work Monet’S Garden in July 2020 with an auction result of HKD 7,375,000.00 (€ 808,030.41).

Auktionsergebnis im Rahmen der Erwartungen

Die Arbeit Lishui River Welcomes Early Spring von Pang Jiun wurde im Oktober diesen Jahres in der Auktion Modern and Contemporary Art bei POLY in Grand Hyatt Hong Kong versteigert. Der dabei erzielte Preis von HKD 384.000,00 (€ 46.437,55) lag im Rahmen der Erwartungen – die Schätzpreisspanne war von dem Auktionshaus zuvor mit HKD 320.000,00 – 550.000,00 angegeben worden. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Pang Jiun erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit Monet’S Garden im Juli 2020 mit einem Auktionsergebnis von HKD 7.375.000,00 (€ 808.030,41).

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