Yu Yu Yang - Growth

Yu Yu Yang

Growth

Found at Sothebys, Hong Kong
Modern Asian Art, Lot 5040
5. Oct - 5. Oct 2015
Estimate: 300.000 - 400.000 HKD
Price realised: 350.000 HKD
Description
Yu Yu Yang (Yang Yingfeng)
1926-1997
GROWTH
executed in 1988, this work is number 8 from an edition of 9
stainless steel
181 by 156 by 145 cm. 71 1/4 by 61 3/8 by 57 in.
SOMA Fine Art, San Francisco | Acquired directly from the above by the present American owner
en de

Auction result well in line with expectations

The work Growth by Yuyu Yang was auctioned at Sothebys in Hong Kong in October 2015. The price achieved of HKD 350,000.00 (€ 40,889.33) was within expectations - the estimate range had previously been set by the auction house as HKD 300,000.00 – 400,000.00. Admittedly, works by Yuyu Yang have also been auctioned for a multiple of this price - according to our records, the highest result so far was achieved by the work Advent of the Phoenix in November 2007 with an auction result of HKD 2,047,500.00 (€ 178,988.97).

Auktionsergebnis im Rahmen der Erwartungen

Die Arbeit Growth von Yuyu Yang kam im Oktober 2015 bei Sothebys in Hong Kong zur Auktion. Der dabei erzielte Preis von HKD 350.000,00 (€ 40.889,33) lag im Rahmen der Erwartungen – die Schätzpreisspanne war von dem Auktionshaus zuvor mit HKD 300.000,00 – 400.000,00 angegeben worden. Freilich wurden Arbeiten von Yuyu Yang auch schon für ein Vielfaches dieses Preises versteigert – das bisher höchste Ergebnis erzielte nach unseren Aufzeichnungen die Arbeit Advent of the Phoenix im November 2007 mit einem Auktionsergebnis von HKD 2.047.500,00 (€ 178.988,97).

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