Li Chen
Avalokiteśvara
Estimate: 350.000 - 550.000 HKD
Price realised: 390.000 HKD
Price realised: 390.000 HKD
Description
Avalokiteśvara
1999
incised with the artist's signature in Chinese and English and numbered 5/30 on the reverse
bronze
49 x 23 x 41 cm (19 5/16 x 9 1/16 x 16 1/8 in)
This work is number 5 from an edition of 30 and is accompanied with a Certificate of Authenticity issued by Asia Art Center, Taipei.
Asia Art Center, Taiwan | Acquired from the above by the present owner
1999
incised with the artist's signature in Chinese and English and numbered 5/30 on the reverse
bronze
49 x 23 x 41 cm (19 5/16 x 9 1/16 x 16 1/8 in)
This work is number 5 from an edition of 30 and is accompanied with a Certificate of Authenticity issued by Asia Art Center, Taipei.
Asia Art Center, Taiwan | Acquired from the above by the present owner
Auction result well in line with expectations
In November 2021 Bonhams in Hong Kong held the auction Modern and Contemporary Art, which included the work Avalokiteśvara by Li Chen. The estimated price for the artwork was previously given by the auction house with a range of HKD 350,000.00 – 550,000.00, the actual price achieved of HKD 390,000.00 (€ 43,364.05) could thus just exceed the lower estimate. Of course, this price has nothing to do with the top prices that other works by Li Chen achieve. The highest price we have observed so far was reached by the work Dragon-Riding Buddha (Executed In 2001) in April 2021 with an auction result of HKD 17,975,000.00 (€ 1,924,505.40).
Auktionsergebnis im Rahmen der Erwartungen
Im November 2021 führte Bonhams in Hong Kong die Auktion Modern and Contemporary Art durch, in der auch die Arbeit Avalokiteśvara von Li Chen zur Versteigerung kam. Der Schätzpreis für das Kunstwerk wurde von dem Auktionshaus zuvor mit einer Spanne von HKD 350.000,00 – 550.000,00 angegeben, der tatsächlich erzielte Preis von HKD 390.000,00 (€ 43.364,05) konnte den unteren Schätzpreis somit knapp übertreffen. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Li Chen erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit Dragon-Riding Buddha (Executed In 2001) im April 2021 mit einem Auktionsergebnis von HKD 17.975.000,00 (€ 1.924.505,40).
Li Chen - Auction history
Other artists in this auction
