Austin Lee

Smile

Found at Phillips, Online Auction
Wired: Online Auction, Lot 14
22. Apr - 29. Apr 2021
Estimate: 4.000 - 6.000 GBP
Price realised: 5.040 GBP
signed and titled 'ALee "SMILE"' on the reverse
acrylic on board
35.7 x 28 cm (14 x 11 in.)
Painted in 2016.

Auction result well in line with expectations

The work Smile by Austin Lee was auctioned at Phillips in an online auction in April 2021. The price achieved of GBP 5,040.00 (€ 5,797.47) was within expectations - the estimate range had previously been set by the auction house as GBP 4,000.00 – 6,000.00. Of course, this price has nothing to do with the top prices that other works by Austin Lee achieve. The highest price we have observed so far was reached by the work Drowning in November 2021 with an auction result of USD 75,600.00 (€ 66,979.71).

Auktionsergebnis im Rahmen der Erwartungen

Die Arbeit Smile von Austin Lee kam im April 2021 bei Phillips in einer Online-Auktion zur Auktion. Der dabei erzielte Preis von GBP 5.040,00 (€ 5.797,47) lag im Rahmen der Erwartungen – die Schätzpreisspanne war von dem Auktionshaus zuvor mit GBP 4.000,00 – 6.000,00 angegeben worden. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Austin Lee erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit Drowning im November 2021 mit einem Auktionsergebnis von USD 75.600,00 (€ 66.979,71).

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