Lee Ufan
East Winds
Estimate: 500.000 - 700.000 HKD
Price realised: 756.000 HKD
Price realised: 756.000 HKD
Description
LEE UFAN
b. 1936
EAST WINDS
oil and mineral pigment on canvas
signed and dated 83; signed, titled and dated 1983.10 on the reverse
45.5 by 53 cm. 18 by 20⅞ in.
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李禹煥
生於1936年 東風
Private Collection, Japan | Acquired from the above by the present owner | ---------------------------------------------- | 日本,私人收藏 | 現藏者購自上述來源
b. 1936
EAST WINDS
oil and mineral pigment on canvas
signed and dated 83; signed, titled and dated 1983.10 on the reverse
45.5 by 53 cm. 18 by 20⅞ in.
----------------------------------------------
李禹煥
生於1936年 東風
Private Collection, Japan | Acquired from the above by the present owner | ---------------------------------------------- | 日本,私人收藏 | 現藏者購自上述來源
Upper estimated price slightly exceeded
In October 2020 Sothebys in Hong Kong held the auction Contemporary Art Day Sale, which included the work East Winds by Lee Ufan. Here, the upper estimate of HKD 700,000.00 was slightly exceeded - the artwork found a new owner for HKD 756,000.00 (€ 83,733.15). 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 Hong Kong die Auktion Contemporary Art Day Sale durch, in der auch die Arbeit East Winds von Lee Ufan zur Versteigerung kam. Dabei wurde der obere Schätzpreis von HKD 700.000,00 leicht übertroffen – das Kunstwerk fand für HKD 756.000,00 (€ 83.733,15) 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).