Shara Hughes

Broccoli Trees(Painted in 2016)

Found at China Guardian
Asian 20th Century and Contemporary Art, Lot 54
10. Oct - 10. Oct 2022
Estimate: 250.000 - 450.000 HKD
Price realised: 300.000 HKD
Oil stick, oil and arcylic on canvas
35.6 × 28 cm. 14 × 11 in.
Titled, dated, signed and located in English on reverse
Rachel Uffner Gallery, New York | Private Collection, Puerto Rico | 15 Dec 2020, Christie's New York Auction, Lot 1 | Acquired directly by present private Asian collector from the above

Auction result well in line with expectations

The work Broccoli Trees(Painted in 2016) by Shara Hughes was auctioned at China Guardian in October last year. The estimated price for the artwork was previously given by the auction house with a range of HKD 250,000.00 – 450,000.00, the actual price achieved of HKD 300,000.00 (€ 38,443.73) could thus just exceed the lower estimate. Of course, this price has nothing to do with the top prices that other works by Shara Hughes achieve. The highest price we have observed so far was reached by the work Spins from Swiss in May last year with an auction result of USD 2,940,000.00 (€ 2,739,726.03).

Auktionsergebnis im Rahmen der Erwartungen

Die Arbeit Broccoli Trees(Painted in 2016) von Shara Hughes kam im Oktober letzten Jahres bei China Guardian zur Auktion. Der Schätzpreis für das Kunstwerk wurde von dem Auktionshaus zuvor mit einer Spanne von HKD 250.000,00 – 450.000,00 angegeben, der tatsächlich erzielte Preis von HKD 300.000,00 (€ 38.443,73) konnte den unteren Schätzpreis somit knapp übertreffen. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Shara Hughes erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit Spins from Swiss im Mai letzten Jahres mit einem Auktionsergebnis von USD 2.940.000,00 (€ 2.739.726,03).

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