Lee Ufan
Untitled
Estimate: 25.000 - 35.000 USD
Price realised: 56.700 USD
Price realised: 56.700 USD
Description
LEE UFAN
b. 1936
UNTITLED
signed and dated 2015
watercolor on paper
17⅞ by 29⅞ in. 45.5 by 76 cm.
Lisson Gallery, London | Acquired from the above by the present owner in 2017
b. 1936
UNTITLED
signed and dated 2015
watercolor on paper
17⅞ by 29⅞ in. 45.5 by 76 cm.
Lisson Gallery, London | Acquired from the above by the present owner in 2017
Upper estimate price exceeded by 62 %.
This work without title by Lee Ufan was auctioned at Sothebys in New York in October 2020. It achieved a price of USD 56,700.00 (€ 48,682.06), exceeding the upper end of the estimate range by 62%. 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 62 % übertroffen
Diese Arbeit ohne Titel von Lee Ufan kam im Oktober 2020 bei Sothebys in New York zur Auktion. Sie erzielte dabei einen Preis von USD 56.700,00 (€ 48.682,06) und übertraf damit das obere Ende der Schätzpreisspanne um 62%. 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).