Le Pho
Composition
Found at
Bonhams,
New York
Modern & Contemporary Art and Southeast Asian Art, Lot 82
27. May - 27. May 2023
Modern & Contemporary Art and Southeast Asian Art, Lot 82
27. May - 27. May 2023
Estimate: 550.000 - 800.000 HKD
Price realised: 639.000 HKD
Price realised: 639.000 HKD
Description
Le Pho (1907-2001)
Composition
signed Le pho and in Chinese with a Wally Findlay gallery label affixed on the reverse
oil on canvas
50 x 65.1 cm (19 11/16 x 25 5/8 in)
The authenticity of this work has been confirmed by the Findlay Institute.
Wally Findlay Galleries, Inc., Palm Beach, no. 29172 (acquired directly from the artist in December 1968) | Acquired from the above by the present owner in February 1971 | Private collection, USA
Composition
signed Le pho and in Chinese with a Wally Findlay gallery label affixed on the reverse
oil on canvas
50 x 65.1 cm (19 11/16 x 25 5/8 in)
The authenticity of this work has been confirmed by the Findlay Institute.
Wally Findlay Galleries, Inc., Palm Beach, no. 29172 (acquired directly from the artist in December 1968) | Acquired from the above by the present owner in February 1971 | Private collection, USA
Auction result well in line with expectations
The work Composition by Le Pho was sold in the Modern & Contemporary Art and Southeast Asian Art auction at Bonhams in New York in May this year. The price achieved of HKD 639,000.00 (€ 76,591.23) was within expectations - the estimate range had previously been set by the auction house as HKD 550,000.00 – 800,000.00. Of course, this price has nothing to do with the top prices that other works by Le Pho achieve. The highest price we have observed so far was reached by the work Figures in a garden in April last year with an auction result of HKD 17,920,000.00 (€ 2,166,658.44).
Auktionsergebnis im Rahmen der Erwartungen
Die Arbeit Composition von Le Pho wurde im Mai diesen Jahres in der Auktion Modern & Contemporary Art and Southeast Asian Art bei Bonhams in New York versteigert. Der dabei erzielte Preis von HKD 639.000,00 (€ 76.591,23) lag im Rahmen der Erwartungen – die Schätzpreisspanne war von dem Auktionshaus zuvor mit HKD 550.000,00 – 800.000,00 angegeben worden. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Le Pho erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit Figures in a garden im April letzten Jahres mit einem Auktionsergebnis von HKD 17.920.000,00 (€ 2.166.658,44).