Lee Ufan

Correspondence

Found at POLY, Hong Kong
20th Century & Contemporary Art and Design Day Sale in association with Phillips, Lot 223
7. Jun - 7. Jun 2021
Estimate: 380.000 - 580.000 HKD
Price realised: 1.071.000 HKD
Executed in 1999.
oil and mineral pigment on canvas
46 × 53 ㎝. (18 ⅛ × 20 ⅞ in.)
signed and dated 'L. Ufan 99’ lower right edge

Upper estimate price exceeded by 85 %.

This artwork by Lee Ufan achieved an unexpectedly high price at POLY in Hong Kong in June 2021. In the 20th Century & Contemporary Art and Design Day Sale in association with Phillips auction, the work Correspondence sold for HKD 1,071,000.00 (€ 116,338.37) - well above the upper estimate of HKD 580,000.00. 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 um 85 % übertroffen

Dieses Kunstwerk von Lee Ufan erzielte im Juni 2021 bei POLY in Hong Kong einen unerwartet hohen Preis. In der Auktion 20th Century & Contemporary Art and Design Day Sale in association with Phillips wurde die Arbeit Correspondence für HKD 1.071.000,00 (€ 116.338,37) versteigert – und damit weit über dem oberen Schätzpreis von HKD 580.000,00. 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).

Other artists in this auction

KAWS - FOUR FOOT DISSECTED COMPANION (Black)
KAWS
Auction: 7. Jun - 7. Jun 2021
Title: FOUR FOOT DISSECTED COMPANION (Black)
Price: 882.000 HKD
Found at POLY
1,396 auction results
Chiho Aoshima - Japanese Apricot 3 - A Pink Dream
Chiho Aoshima
Auction: 7. Jun - 7. Jun 2021
Title: Japanese Apricot 3 - A Pink Dream
Price: 126.000 HKD
Found at POLY
146 auction results
Liu Ye - Madame L
Liu Ye
Auction: 7. Jun - 7. Jun 2021
Title: Madame L
Price: 302.400 HKD
Found at POLY
425 auction results
Salvador Dalí - Le Cabinet Anthropomorphique
Salvador Dalí
Auction: 7. Jun - 7. Jun 2021
Title: Le Cabinet Anthropomorphique
Price: 302.400 HKD
Found at POLY
3,153 auction results
Banksy - Toxic Mary
Banksy
Auction: 7. Jun - 7. Jun 2021
Title: Toxic Mary
Price: 529.200 HKD
Found at POLY
1,502 auction results
Javier Calleja - Do Not Touch
Javier Calleja
Auction: 7. Jun - 7. Jun 2021
Title: Do Not Touch
Price: 119.700 HKD
Found at POLY
176 auction results
Gerhard Richter - Cage (P19-6)
Gerhard Richter
Auction: 7. Jun - 7. Jun 2021
Title: Cage (P19-6)
Price: 403.200 HKD
Found at POLY
2,839 auction results
Julian Opie - Robbie Walking 1
Julian Opie
Auction: 7. Jun - 7. Jun 2021
Title: Robbie Walking 1
Price: 529.200 HKD
Found at POLY
854 auction results
James Turrell - Hologram (IV 01)
James Turrell
Auction: 7. Jun - 7. Jun 2021
Title: Hologram (IV 01)
Price: 655.200 HKD
Found at POLY
104 auction results
Tracey Emin - I Wanted You
Tracey Emin
Auction: 7. Jun - 7. Jun 2021
Title: I Wanted You
Price: 1.260.000 HKD
Found at POLY
610 auction results
Xu Qu - Currency War - RMB 100 (Old)
Xu Qu
Auction: 7. Jun - 7. Jun 2021
Title: Currency War - RMB 100 (Old)
Price: 214.200 HKD
Found at POLY
11 auction results
Miya Ando - Tasogare faint lilac blue 48.42
Miya Ando
Auction: 7. Jun - 7. Jun 2021
Title: Tasogare faint lilac blue 48.42
Price: 441.000 HKD
Found at POLY
6 auction results
Zhao Zhao - Sky No. 19
Zhao Zhao
Auction: 7. Jun - 7. Jun 2021
Title: Sky No. 19
Price: 756.000 HKD
Found at POLY
26 auction results
Takesada Matsutani - Passage 1
Takesada Matsutani
Auction: 7. Jun - 7. Jun 2021
Title: Passage 1
Price: 327.600 HKD
Found at POLY
78 auction results
Kim Tschang-Yeul - Waterdrops S.H.87026
Kim Tschang-Yeul
Auction: 7. Jun - 7. Jun 2021
Title: Waterdrops S.H.87026
Price: 2.016.000 HKD
Found at POLY
117 auction results
Wang Guangle - Terrazzo No. 9
Wang Guangle
Auction: 7. Jun - 7. Jun 2021
Title: Terrazzo No. 9
Price: 1.512.000 HKD
Found at POLY
42 auction results
Hans J. Wegner - Pair of ‘Chinese’ armchairs, model no. 4283
Hans J. Wegner
Auction: 7. Jun - 7. Jun 2021
Title: Pair of ‘Chinese’ armchairs, model no. 4283
Price: 176.400 HKD
Found at POLY
65 auction results
Max Ingrand - Mirror
Max Ingrand
Auction: 7. Jun - 7. Jun 2021
Title: Mirror
Price: 50.400 HKD
Found at POLY
12 auction results
Takeo Yamaguchi - Ookawashima Setting
Takeo Yamaguchi
Auction: 7. Jun - 7. Jun 2021
Title: Ookawashima Setting
Price: 56.700 HKD
Found at POLY
69 auction results
Zao Wou-Ki - Untitled
Zao Wou-Ki
Auction: 7. Jun - 7. Jun 2021
Title: Untitled
Price: 403.200 HKD
Found at POLY
2,537 auction results
Mai Trung Thứ - Three works: (i) Woman with Mirror; (ii) Woman with Two Children; (iii) Woman with Bird
Mai Trung Thứ
Auction: 7. Jun - 7. Jun 2021
Title: Three works: (i) Woman with Mirror; (ii) Woman with Two Children; (iii) Woman with Bird
Price: 35.280 HKD
Found at POLY
359 auction results
Lê Phổ - Lady with Flowers
Lê Phổ
Auction: 7. Jun - 7. Jun 2021
Title: Lady with Flowers
Price: 693.000 HKD
Found at POLY
758 auction results
Liu Kang - Lobster & Lemon Still Life
Liu Kang
Auction: 7. Jun - 7. Jun 2021
Title: Lobster & Lemon Still Life
Price: 441.000 HKD
Found at POLY
43 auction results
Georges Mathieu - Vertige Enseveli
Georges Mathieu
Auction: 7. Jun - 7. Jun 2021
Title: Vertige Enseveli
Price: 4.284.000 HKD
Found at POLY
573 auction results
Chu Teh-Chun - Tiède Horizon
Chu Teh-Chun
Auction: 7. Jun - 7. Jun 2021
Title: Tiède Horizon
Price: 1.638.000 HKD
Found at POLY
1,112 auction results
André Brasilier - Cavalcade au cirque
André Brasilier
Auction: 7. Jun - 7. Jun 2021
Title: Cavalcade au cirque
Price: 945.000 HKD
Found at POLY
387 auction results
Kitti Narod - Trumpeters
Kitti Narod
Auction: 7. Jun - 7. Jun 2021
Title: Trumpeters
Price: 163.800 HKD
Found at POLY
9 auction results
Nyoman Masriadi - Do, Do, Do
Nyoman Masriadi
Auction: 7. Jun - 7. Jun 2021
Title: Do, Do, Do
Price: 882.000 HKD
Found at POLY
94 auction results
Rodel Tapaya - Capital B
Rodel Tapaya
Auction: 7. Jun - 7. Jun 2021
Title: Capital B
Price: 604.800 HKD
Found at POLY
51 auction results
Natee Utarit - The Ambassador
Natee Utarit
Auction: 7. Jun - 7. Jun 2021
Title: The Ambassador
Price: 1.386.000 HKD
Found at POLY
91 auction results
Marina Cruz - Broken White Threads on Red
Marina Cruz
Auction: 7. Jun - 7. Jun 2021
Title: Broken White Threads on Red
Price: 441.000 HKD
Found at POLY
36 auction results
Qin Qi - White Goose
Qin Qi
Auction: 7. Jun - 7. Jun 2021
Title: White Goose
Price: 378.000 HKD
Found at POLY
24 auction results
Zhang Xiaogang - Untitled
Zhang Xiaogang
Auction: 7. Jun - 7. Jun 2021
Title: Untitled
Price: 252.000 HKD
Found at POLY
523 auction results
George Condo - The Executive
George Condo
Auction: 7. Jun - 7. Jun 2021
Title: The Executive
Price: 4.284.000 HKD
Found at POLY
1,158 auction results
Jonas Wood - Paul Gibson
Jonas Wood
Auction: 7. Jun - 7. Jun 2021
Title: Paul Gibson
Price: 1.134.000 HKD
Found at POLY
410 auction results
Jenny Holzer - Someone wants to cut a hole in you... Text: Living (1980-82)
Jenny Holzer
Auction: 7. Jun - 7. Jun 2021
Title: Someone wants to cut a hole in you... Text: Living (1980-82)
Price: 252.000 HKD
Found at POLY
307 auction results
George Nakashima - Set of six ‘Grass-Seated’ chairs
George Nakashima
Auction: 7. Jun - 7. Jun 2021
Title: Set of six ‘Grass-Seated’ chairs
Price: 252.000 HKD
Found at POLY
20 auction results
Roy Lichtenstein - Seascape #16
Roy Lichtenstein
Auction: 7. Jun - 7. Jun 2021
Title: Seascape #16
Price: 693.000 HKD
Found at POLY
3,427 auction results
Liza Lou - Like New
Liza Lou
Auction: 7. Jun - 7. Jun 2021
Title: Like New
Price: 604.800 HKD
Found at POLY
51 auction results
Yayoi Kusama - Pumpkin
Yayoi Kusama
Auction: 7. Jun - 7. Jun 2021
Title: Pumpkin
Price: 882.000 HKD
Found at POLY
2,200 auction results
Izumi Kato - Untitled
Izumi Kato
Auction: 7. Jun - 7. Jun 2021
Title: Untitled
Price: 882.000 HKD
Found at POLY
136 auction results
Chiharu Shiota - Trauma / Alltag
Chiharu Shiota
Auction: 7. Jun - 7. Jun 2021
Title: Trauma / Alltag
Price: 1.890.000 HKD
Found at POLY
86 auction results
Li Chen - Causal
Li Chen
Auction: 7. Jun - 7. Jun 2021
Title: Causal
Price: 882.000 HKD
Found at POLY
121 auction results
Takashi Murakami - SUPERFLAT Monogram
Takashi Murakami
Auction: 7. Jun - 7. Jun 2021
Title: SUPERFLAT Monogram
Price: 693.000 HKD
Found at POLY
2,203 auction results
Ayako Rokkaku - Untitled ARP 18-022
Ayako Rokkaku
Auction: 7. Jun - 7. Jun 2021
Title: Untitled ARP 18-022
Price: 3.528.000 HKD
Found at POLY
189 auction results
MADSAKI - Nu Couché
MADSAKI
Auction: 7. Jun - 7. Jun 2021
Title: Nu Couché
Price: 2.772.000 HKD
Found at POLY
131 auction results
Mr. - Though I can Fly Freely, I’m not the Kanzaburo the Crow
Mr.
Auction: 7. Jun - 7. Jun 2021
Title: Though I can Fly Freely, I’m not the Kanzaburo the Crow
Price: 2.772.000 HKD
Found at POLY
250 auction results
Mel Bochner - HA HA HA
Mel Bochner
Auction: 7. Jun - 7. Jun 2021
Title: HA HA HA
Price: 945.000 HKD
Found at POLY
239 auction results
KYNE - Untitled
KYNE
Auction: 7. Jun - 7. Jun 2021
Title: Untitled
Price: 1.512.000 HKD
Found at POLY
10 auction results
Mr Doodle - Guernidoodle
Mr Doodle
Auction: 7. Jun - 7. Jun 2021
Title: Guernidoodle
Price: 1.890.000 HKD
Found at POLY
269 auction results
Eddie Martinez - EMHK WOP 8
Eddie Martinez
Auction: 7. Jun - 7. Jun 2021
Title: EMHK WOP 8
Price: 226.800 HKD
Found at POLY
229 auction results
Angel Otero - Drifter’s Escape
Angel Otero
Auction: 7. Jun - 7. Jun 2021
Title: Drifter’s Escape
Price: 1.260.000 HKD
Found at POLY
90 auction results
Hopare - Catharsis
Hopare
Auction: 7. Jun - 7. Jun 2021
Title: Catharsis
Price: 403.200 HKD
Found at POLY
18 auction results
Eliot Greenwald - Night Car (Tall Tree)
Eliot Greenwald
Auction: 7. Jun - 7. Jun 2021
Title: Night Car (Tall Tree)
Price: 504.000 HKD
Found at POLY
7 auction results
Daniel Arsham - Eroded Motorcross Helmets
Daniel Arsham
Auction: 7. Jun - 7. Jun 2021
Title: Eroded Motorcross Helmets
Price: 529.200 HKD
Found at POLY
291 auction results
Josh Sperling - Big Chief
Josh Sperling
Auction: 7. Jun - 7. Jun 2021
Title: Big Chief
Price: 529.200 HKD
Found at POLY
51 auction results
Jonathan Chapline - Scorpion
Jonathan Chapline
Auction: 7. Jun - 7. Jun 2021
Title: Scorpion
Price: 113.400 HKD
Found at POLY
25 auction results
Ugo Rondinone - Small Violet Mountain
Ugo Rondinone
Auction: 7. Jun - 7. Jun 2021
Title: Small Violet Mountain
Price: 100.800 HKD
Found at POLY
331 auction results
Allison Zuckerman - Susanna and her Suitors
Allison Zuckerman
Auction: 7. Jun - 7. Jun 2021
Title: Susanna and her Suitors
Price: 1.512.000 HKD
Found at POLY
36 auction results
Erik Parker - Double Mercy
Erik Parker
Auction: 7. Jun - 7. Jun 2021
Title: Double Mercy
Price: 882.000 HKD
Found at POLY
88 auction results
Austin Lee - Mass Hysteria
Austin Lee
Auction: 7. Jun - 7. Jun 2021
Title: Mass Hysteria
Price: 252.000 HKD
Found at POLY
41 auction results
Kenny Scharf - Strint
Kenny Scharf
Auction: 7. Jun - 7. Jun 2021
Title: Strint
Price: 819.000 HKD
Found at POLY
406 auction results
Günther Förg - Untitled
Günther Förg
Auction: 7. Jun - 7. Jun 2021
Title: Untitled
Price: 1.033.200 HKD
Found at POLY
1,110 auction results
Jules de Balincourt - Jet Setters Nightmare
Jules de Balincourt
Auction: 7. Jun - 7. Jun 2021
Title: Jet Setters Nightmare
Price: 1.890.000 HKD
Found at POLY
57 auction results
Huang Yuxing - Solitary
Huang Yuxing
Auction: 7. Jun - 7. Jun 2021
Title: Solitary
Price: 756.000 HKD
Found at POLY
92 auction results
Katherine Bernhardt - Green
Katherine Bernhardt
Auction: 7. Jun - 7. Jun 2021
Title: Green
Price: 1.071.000 HKD
Found at POLY
190 auction results
Chris Huen Sin Kan - Immigrant
Chris Huen Sin Kan
Auction: 7. Jun - 7. Jun 2021
Title: Immigrant
Price: 819.000 HKD
Found at POLY
30 auction results
Chen Fei - Playing among Flowers
Chen Fei
Auction: 7. Jun - 7. Jun 2021
Title: Playing among Flowers
Price: 567.000 HKD
Found at POLY
52 auction results
Aboudia - Talking Heads: Blue
Aboudia
Auction: 7. Jun - 7. Jun 2021
Title: Talking Heads: Blue
Price: 529.200 HKD
Found at POLY
316 auction results
Alex Gardner - It’s Been Years
Alex Gardner
Auction: 7. Jun - 7. Jun 2021
Title: It’s Been Years
Price: 856.800 HKD
Found at POLY
15 auction results
Jammie Holmes - Untitled
Jammie Holmes
Auction: 7. Jun - 7. Jun 2021
Title: Untitled
Price: 403.200 HKD
Found at POLY
35 auction results
Ye Linghan - LUCY-C-001
Ye Linghan
Auction: 7. Jun - 7. Jun 2021
Title: LUCY-C-001
Price: 327.600 HKD
Found at POLY
8 auction results
Paulina Olowska - Tati 2
Paulina Olowska
Auction: 7. Jun - 7. Jun 2021
Title: Tati 2
Price: 693.000 HKD
Found at POLY
60 auction results
Lesley Vance - Untitled
Lesley Vance
Auction: 7. Jun - 7. Jun 2021
Title: Untitled
Price: 504.000 HKD
Found at POLY
32 auction results
Madelynn Green - Biking
Madelynn Green
Auction: 7. Jun - 7. Jun 2021
Title: Biking
Price: 693.000 HKD
Found at POLY
7 auction results
Maria Farrar - Sailor
Maria Farrar
Auction: 7. Jun - 7. Jun 2021
Title: Sailor
Price: 882.000 HKD
Found at POLY
12 auction results
Chantal Joffe - Moll in the Park
Chantal Joffe
Auction: 7. Jun - 7. Jun 2021
Title: Moll in the Park
Price: 403.200 HKD
Found at POLY
113 auction results
Claire Tabouret - Portrait with Feathers
Claire Tabouret
Auction: 7. Jun - 7. Jun 2021
Title: Portrait with Feathers
Price: 756.000 HKD
Found at POLY
63 auction results
Jonathan Lyndon Chase - Listening to 2000’s
Jonathan Lyndon Chase
Auction: 7. Jun - 7. Jun 2021
Title: Listening to 2000’s
Price: 441.000 HKD
Found at POLY
24 auction results
Hernan Bas - A Rising Fever
Hernan Bas
Auction: 7. Jun - 7. Jun 2021
Title: A Rising Fever
Price: 2.142.000 HKD
Found at POLY
186 auction results
Matthew Wong - Bed of Flowers
Matthew Wong
Auction: 7. Jun - 7. Jun 2021
Title: Bed of Flowers
Price: 1.008.000 HKD
Found at POLY
72 auction results
Shara Hughes - Bad News Beach
Shara Hughes
Auction: 7. Jun - 7. Jun 2021
Title: Bad News Beach
Price: 1.890.000 HKD
Found at POLY
180 auction results
Sanya Kantarovsky - Temperature
Sanya Kantarovsky
Auction: 7. Jun - 7. Jun 2021
Title: Temperature
Price: 2.142.000 HKD
Found at POLY
48 auction results
Emily Mae Smith - Five of Seven Sorrows
Emily Mae Smith
Auction: 7. Jun - 7. Jun 2021
Title: Five of Seven Sorrows
Price: 2.142.000 HKD
Found at POLY
64 auction results
Genieve Figgis - The Visit of Venus to Vulcan
Genieve Figgis
Auction: 7. Jun - 7. Jun 2021
Title: The Visit of Venus to Vulcan
Price: 2.520.000 HKD
Found at POLY
128 auction results
Loie Hollowell - Linked Lingam in Green/Teal, Purple, Yellow, Blue
Loie Hollowell
Auction: 7. Jun - 7. Jun 2021
Title: Linked Lingam in Green/Teal, Purple, Yellow, Blue
Price: 3.024.000 HKD
Found at POLY
61 auction results