Xiong Hai
Landscape
Found at
Sothebys,
Hong Kong
Contemporary Ink Art, Lot 2838
5. Oct - 5. Oct 2015
Contemporary Ink Art, Lot 2838
5. Oct - 5. Oct 2015
Estimate: XX.XXX
Price realised: XX.XXX
Price realised: XX.XXX
Description
Xiong Hai (Hung Hoi)
B. 1957
LANDSCAPE
signed XIONG HAI, dated 1992 and with one seal of the artist
ink and colour on paper, hanging scroll
178 by 96 cm., 70 by 38 in.
Acquired directly from the artist in 1992 | Private European Collection
B. 1957
LANDSCAPE
signed XIONG HAI, dated 1992 and with one seal of the artist
ink and colour on paper, hanging scroll
178 by 96 cm., 70 by 38 in.
Acquired directly from the artist in 1992 | Private European Collection
Auction result well in line with expectations
The work Landscape by Xiong Hai was auctioned at Sothebys in Hong Kong in October 2015. The price achieved of HKD 150,000.00 (€ 17,524.00) was within expectations - the estimate range had previously been set by the auction house as HKD 120,000.00 – 180,000.00. However, buyers have had to dig much deeper into their pockets for other works by Xiong Hai - we have observed the highest auction result to date for the work Landscapes, which sold at auction in October 2016 for HKD 500,000.00 (€ 58,839.63).
Auktionsergebnis im Rahmen der Erwartungen
Die Arbeit Landscape von Xiong Hai kam im Oktober 2015 bei Sothebys in Hong Kong zur Auktion. Der dabei erzielte Preis von HKD 150.000,00 (€ 17.524,00) lag im Rahmen der Erwartungen – die Schätzpreisspanne war von dem Auktionshaus zuvor mit HKD 120.000,00 – 180.000,00 angegeben worden. Für andere Arbeiten von Xiong Hai mussten die Käufer allerdings auch schon deutlich tiefer in die Tasche greifen – das bisher höchste Auktionsergebnis haben wir für die Arbeit Landscapes beobachtet, die im Oktober 2016 für HKD 500.000,00 (€ 58.839,63) versteigert wurde.