Lee Ufan
Correspondence
Estimate: 250.000 - 360.000 HKD
Price realised: 504.000 HKD
Price realised: 504.000 HKD
Description
Lee Ufan
b. 1936
Correspondence
oil on canvas
signed, titled and dated 2001 on the reverse
16 by 21.5 cm. 6¼ by 8½ in.
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李禹煥
1936年生 對應
Private Collection, Japan | Sotheby's, Hong Kong, 19 January 2017, Lot 7 | Acquired from the above sale by the present owner | ---------------------------------------------- | 日本,私人收藏 | 香港,蘇富比 ,2017年1月19日,拍品編號7 | 現藏者購自上述拍賣
b. 1936
Correspondence
oil on canvas
signed, titled and dated 2001 on the reverse
16 by 21.5 cm. 6¼ by 8½ in.
----------------------------------------------
李禹煥
1936年生 對應
Private Collection, Japan | Sotheby's, Hong Kong, 19 January 2017, Lot 7 | Acquired from the above sale by the present owner | ---------------------------------------------- | 日本,私人收藏 | 香港,蘇富比 ,2017年1月19日,拍品編號7 | 現藏者購自上述拍賣
Upper estimate price exceeded by 40 %.
In April last year Sothebys in Hong Kong held the auction Contemporary Day Auction, which included the work Correspondence by Lee Ufan. The »bidding war« ended at HKD 504,000.00 (€ 60,937.27), 40% above the upper estimate. 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 40 % übertroffen
Im April letzten Jahres führte Sothebys in Hong Kong die Auktion Contemporary Day Auction durch, in der auch die Arbeit Correspondence von Lee Ufan zur Versteigerung kam. Das »Bietergefecht« endete beim Preis von HKD 504.000,00 (€ 60.937,27) und damit 40% über dem oberen Schätzpreis. 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).