Yuan Yuan

Steam Room Iii(Painted In 2010)

Found at China Guardian, Hong Kong
Asian 20th Century and Contemporary Art, Lot 733
30. Mar - 30. Mar 2019
Estimate: 220.000 - 320.000 HKD
Price realised: 259.600 HKD
Oil on canvas
150 × 63 cm. 59 x 24 3/4 in.
Titled, dated, and signed in English and Chinese on the reverse
LITERATURE
2016, New Landscapes, HDM Gallery, Hangzhou, p.18-20
EXHIBITED
14 May – 11 Jun 2016, New Landscape, HDM Gallery, Hangzhou
Private Collection, Asia

Auction result well in line with expectations

The work Steam Room Iii(Painted In 2010) by Yuan Yuan was auctioned at China Guardian in Hong Kong in March 2019. The price achieved of HKD 259,600.00 (€ 29,455.86) was within expectations - the estimate range had previously been set by the auction house as HKD 220,000.00 – 320,000.00. Of course, this price has nothing to do with the top prices that other works by Yuan Yuan achieve. The highest price we have observed so far was reached by the work Blues V in April this year with an auction result of HKD 540,000.00 (€ 551,445.65).

Auktionsergebnis im Rahmen der Erwartungen

Die Arbeit Steam Room Iii(Painted In 2010) von Yuan Yuan kam im März 2019 bei China Guardian in Hong Kong zur Auktion. Der dabei erzielte Preis von HKD 259.600,00 (€ 29.455,86) lag im Rahmen der Erwartungen – die Schätzpreisspanne war von dem Auktionshaus zuvor mit HKD 220.000,00 – 320.000,00 angegeben worden. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Yuan Yuan erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit Blues V im April diesen Jahres mit einem Auktionsergebnis von HKD 540.000,00 (€ 551.445,65).

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