Peng Wei

Butterflies

Found at Christies, Shanghai
FIRST OPEN | Shanghai, Lot 148
22. Oct - 22. Oct 2016
Estimate: 180.000 - 250.000 CNY
Price realised: 216.000 CNY
signed in Chinese, dated ‘2007’ (on the reverse)
ink and colour on papier mâché
53 cm (20 7/8 in.) in height
Executed in 2007
one seal by the artist

Auction result well in line with expectations

In October 2016 Christies in Shanghai held the auction FIRST OPEN | Shanghai, which included the work Butterflies by Peng Wei. The price achieved of CNY 216,000.00 (€ 29,083.74) was within expectations - the estimate range had previously been set by the auction house as CNY 180,000.00 – 250,000.00. Admittedly, works by Peng Wei have also been auctioned for a multiple of this price - according to our records, the highest result so far was achieved by the work Reunion Of The Lost Stones At Gen Yue in April 2017 with an auction result of HKD 2,242,000.00 (€ 264,636.26).

Auktionsergebnis im Rahmen der Erwartungen

Im Oktober 2016 führte Christies in Shanghai die Auktion FIRST OPEN | Shanghai durch, in der auch die Arbeit Butterflies von Peng Wei zur Versteigerung kam. Der dabei erzielte Preis von CNY 216.000,00 (€ 29.083,74) lag im Rahmen der Erwartungen – die Schätzpreisspanne war von dem Auktionshaus zuvor mit CNY 180.000,00 – 250.000,00 angegeben worden. Freilich wurden Arbeiten von Peng Wei auch schon für ein Vielfaches dieses Preises versteigert – das bisher höchste Ergebnis erzielte nach unseren Aufzeichnungen die Arbeit Reunion Of The Lost Stones At Gen Yue im April 2017 mit einem Auktionsergebnis von HKD 2.242.000,00 (€ 264.636,26).

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