Lee Ufan

In Milano 1-5

Found at Christies, New York
The Sale of the Century: An Important Corporate Collection of Prints and Multiples, Lot 175
18. Apr - 19. Apr 2023
Estimate: 40.000 - 60.000 USD
Price realised: 40.320 USD
LEE UFAN (B. 1936)
In Milano 1-5
the complete set of five lithographs with drypoint, on Rives BFK paper, 1992, each signed in pencil and numbered 2/50 (there were also ten artist's proofs), published by Grafica Uno, Giorgio, Milan, in generally very good condition, together with the original paper folder
Each Sheet: 35 x 59 in. (885 x 1500 mm.)

Auction result well in line with expectations

In April this year Christies in New York held the auction The Sale of the Century: An Important Corporate Collection of Prints and Multiples, which included the work In Milano 1-5 by Lee Ufan. The estimated price for the artwork was previously given by the auction house with a range of USD 40,000.00 – 60,000.00, the actual price achieved of USD 40,320.00 (€ 36,521.74) could thus just exceed the lower 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).

Auktionsergebnis im Rahmen der Erwartungen

Im April diesen Jahres führte Christies in New York die Auktion The Sale of the Century: An Important Corporate Collection of Prints and Multiples durch, in der auch die Arbeit In Milano 1-5 von Lee Ufan zur Versteigerung kam. Der Schätzpreis für das Kunstwerk wurde von dem Auktionshaus zuvor mit einer Spanne von USD 40.000,00 – 60.000,00 angegeben, der tatsächlich erzielte Preis von USD 40.320,00 (€ 36.521,74) konnte den unteren Schätzpreis somit knapp übertreffen. 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).

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