Lee Ufan
From Line No.218
Estimate: 2.500.000 - 3.500.000 HKD
Price realised: 3.150.000 HKD
Price realised: 3.150.000 HKD
Description
LEE UFAN (B. 1936)
From Line No.218
signed and dated ‘L.U-FAN 74’ (lower right); signed and titled ‘Lee u-fan From Line No.218’ (on the reverse)
oil and mineral pigment on canvas
90 x 72 cm. (35 3/8 x 28 3/8 in.)
Executed in 1974
From Line No.218
signed and dated ‘L.U-FAN 74’ (lower right); signed and titled ‘Lee u-fan From Line No.218’ (on the reverse)
oil and mineral pigment on canvas
90 x 72 cm. (35 3/8 x 28 3/8 in.)
Executed in 1974
Auction result well in line with expectations
The work From Line No.218 by Lee Ufan was sold in the 20th Century Art Day Sale auction at Christies in Hong Kong in December last year. The price achieved of HKD 3,150,000.00 (€ 377,481.77) was within expectations - the estimate range had previously been set by the auction house as HKD 2,500,000.00 – 3,500,000.00. Admittedly, works by Lee Ufan have also been auctioned for a multiple of this price - according to our records, the highest result so far was achieved by the work From Line, No. 760219 in November 2014 with an auction result of USD 2,165,000.00 (€ 1,740,633.54).
Auktionsergebnis im Rahmen der Erwartungen
Die Arbeit From Line No.218 von Lee Ufan wurde im Dezember letzten Jahres in der Auktion 20th Century Art Day Sale bei Christies in Hong Kong versteigert. Der dabei erzielte Preis von HKD 3.150.000,00 (€ 377.481,77) lag im Rahmen der Erwartungen – die Schätzpreisspanne war von dem Auktionshaus zuvor mit HKD 2.500.000,00 – 3.500.000,00 angegeben worden. Freilich wurden Arbeiten von Lee Ufan auch schon für ein Vielfaches dieses Preises versteigert – das bisher höchste Ergebnis erzielte nach unseren Aufzeichnungen die Arbeit From Line, No. 760219 im November 2014 mit einem Auktionsergebnis von USD 2.165.000,00 (€ 1.740.633,54).