Red Flag I (1971) by Chen Yifei. (Click on image to enlarge). UPDATE: THIS SOLD FOR $10,210,156 US.
The Last Supper (2001) by Zeng Fanzhi. (Click on image to enlarge). UPDATE: THIS SOLD FOR $23,273,151 US, A WORLD RECORD FOR A WORK OF ASIAN CONTEMPORARY ART.
Icons of modern and contemporary Chinese art from the collection of Baron and Baroness Guy and Myriam Ullens de Schooten, renowned collectors and philanthropists based in Switzerland, come up at Sotheby’s in Hong Kong on October 5. The two works are Red Flag I (1971) by Chen Yifei and The Last Supper (2001) by Zeng Fanzhi. They are estimated respectively at US$5.8-7.7 million and in excess of US$10.3 million.
The Guy & Myriam Ullens Foundation was established in Switzerland in 2002, sponsoring exhibitions of contemporary Chinese art in Europe and China and loaning works of art from their collection to museums worldwide.