Hervé van der Straeten

'Miroir Pelote', model no. 360

Found at Phillips, Hong Kong Auction
New Now & Design, Lot 8
26. Nov - 26. Nov 2023
Estimate: 60.000 - 80.000 HKD
Price realised: 19.050 HKD
lacquered steel, bronze, mirrored glass
125 x 137 x 23 cm. (49 1/4 x 53 7/8 x 9 in.)
Executed in 2004. Number 13 from the edition of 20. Reverse with plaque with embossed artist's logo and incised 13/20.

Auction result misses estimated price range

When the work 'Miroir Pelote', model no. 360 by Hervé van der Straeten was auctioned at Phillips in Hong Kong in November this year, the result was somewhat disappointing. The auction house had previously given the estimated price as a range of HKD 60,000.00 – 80,000.00, of which not even the lower limit was reached - in fact, the artwork changed hands for HKD 19,050.00 (€ 2,235.42). Of course, this price has nothing to do with the top prices that other works by Hervé van der Straeten achieve. The highest price we have observed so far was reached by the work 'Lustre' Chandelier in January 2021 with an auction result of GBP 47,880.00 (€ 54,145.63).

Auktionsergebnis verfehlt die Schätzpreisspanne

Als die Arbeit 'Miroir Pelote', model no. 360 von Hervé van der Straeten im November diesen Jahres bei Phillips in Hong Kong versteigert wurde, fiel das Ergebnis ein wenig enttäuschend aus. Das Auktionshaus hatte den Schätzpreis zuvor mit einer Spanne von HKD 60.000,00 – 80.000,00 angegeben, von der nicht einmal die Untergrenze erreicht wurde - tatsächlich wechselte das Kunstwerk für HKD 19.050,00 (€ 2.235,42) den Besitzer. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Hervé van der Straeten erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit 'Lustre' Chandelier im Januar 2021 mit einem Auktionsergebnis von GBP 47.880,00 (€ 54.145,63).

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