Lee Ufan
Correspondence
Estimate: 70.000 - 100.000 USD
Price realised: 107.100 USD
Price realised: 107.100 USD
Description
LEE UFAN
b. 1936
CORRESPONDENCE
signed, titled and dated 2001 on the reverse
oil on canvas
39⅜ by 31½ in. 100 by 80 cm.
Lisson Gallery, London | Private Collection | Acquired from the above by the present owner
b. 1936
CORRESPONDENCE
signed, titled and dated 2001 on the reverse
oil on canvas
39⅜ by 31½ in. 100 by 80 cm.
Lisson Gallery, London | Private Collection | Acquired from the above by the present owner
Upper estimated price slightly exceeded
In October 2020 Sothebys in New York held the auction Contemporary Curated, which included the work Correspondence by Lee Ufan. Here, the upper estimate of USD 100,000.00 was slightly exceeded - the artwork found a new owner for USD 107,100.00 (€ 91,955.01). Of course, this price has nothing to do with the top prices that other works by Lee Ufan achieve. The highest price we have observed so far was reached by the work From Line, No. 760219 in November 2014 with an auction result of USD 2,165,000.00 (€ 1,740,633.54).
Oberer Schätzpreis leicht übertroffen
Im Oktober 2020 führte Sothebys in New York die Auktion Contemporary Curated durch, in der auch die Arbeit Correspondence von Lee Ufan zur Versteigerung kam. Dabei wurde der obere Schätzpreis von USD 100.000,00 leicht übertroffen – das Kunstwerk fand für USD 107.100,00 (€ 91.955,01) einen neuen Besitzer. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Lee Ufan erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit From Line, No. 760219 im November 2014 mit einem Auktionsergebnis von USD 2.165.000,00 (€ 1.740.633,54).