Yu Peng
Liquoring In The Fancy World (#1)
Found at
Sothebys,
Hong Kong
Modern Asian Art, Lot 5048
4. Apr - 4. Apr 2016
Modern Asian Art, Lot 5048
4. Apr - 4. Apr 2016
Estimate: XX.XXX
Price realised: XX.XXX
Price realised: XX.XXX
Description
Yu Peng
1955-2014
LIQUORING IN THE FANCY WORLD (#1)
Michael Goedhuis Gallery (New York) label affixed to the wooden box
executed in 2008
ink on paper (two works)
each: 149 by 83 cm; 50 5/8 by 32 5/8 in.
Acquired directly from the artist by a private Asian collector
1955-2014
LIQUORING IN THE FANCY WORLD (#1)
Michael Goedhuis Gallery (New York) label affixed to the wooden box
executed in 2008
ink on paper (two works)
each: 149 by 83 cm; 50 5/8 by 32 5/8 in.
Acquired directly from the artist by a private Asian collector
Auction result well in line with expectations
In April 2016 Sothebys in Hong Kong held the auction Modern Asian Art, which included the work Liquoring In The Fancy World (#1) by Peng Yu. The price achieved of HKD 250,000.00 (€ 28,166.24) was within expectations - the estimate range had previously been set by the auction house as HKD 200,000.00 – 300,000.00. Other works by Peng Yu have already achieved higher auction prices, for example, in April 2016 the work Alone At The Edge Of A Precipitous Cliff was auctioned for HKD 275,000.00 (€ 30,982.87).
Auktionsergebnis im Rahmen der Erwartungen
Im April 2016 führte Sothebys in Hong Kong die Auktion Modern Asian Art durch, in der auch die Arbeit Liquoring In The Fancy World (#1) von Peng Yu zur Versteigerung kam. Der dabei erzielte Preis von HKD 250.000,00 (€ 28.166,24) lag im Rahmen der Erwartungen – die Schätzpreisspanne war von dem Auktionshaus zuvor mit HKD 200.000,00 – 300.000,00 angegeben worden. Andere Arbeiten von Peng Yu konnten bereits höhere Auktionspreise erzielen, so wurde im April 2016 die Arbeit Alone At The Edge Of A Precipitous Cliff für HKD 275.000,00 (€ 30.982,87) versteigert.
Peng Yu - Auction history
Other artists in this auction
