Luis Chan
Phoenix Rising
Estimate: 150.000 - 200.000 HKD
Price realised: 187.500 HKD
Price realised: 187.500 HKD
Description
Luis Chan
1905 - 1995
PHOENIX RISING
titled in Chinese, signed in Chinese and English, dated 1974 and stamped with three artist's seals
ink and acrylic on paper
151 by 75 cm; 59 ½ by 29 ½ in.
Grotto Fine Art, Hong Kong | Acquired directly from the above by the present private Asian collector
1905 - 1995
PHOENIX RISING
titled in Chinese, signed in Chinese and English, dated 1974 and stamped with three artist's seals
ink and acrylic on paper
151 by 75 cm; 59 ½ by 29 ½ in.
Grotto Fine Art, Hong Kong | Acquired directly from the above by the present private Asian collector
Auction result well in line with expectations
The work Phoenix Rising by Luis Chan was auctioned at Sothebys in Hong Kong in July 2020. It changed hands for a price of HKD 187,500.00 (€ 20,543.15) achieving a result in the upper range of the estimate price range of HKD 150,000.00 – 200,000.00. However, buyers have had to dig much deeper into their pockets for other works by Luis Chan - we have observed the highest auction result to date for the work Marine Wonderland(Painted in 1978), which sold at auction in October last year for HKD 504,000.00 (€ 64,585.46).
Auktionsergebnis im Rahmen der Erwartungen
Die Arbeit Phoenix Rising von Luis Chan kam im Juli 2020 bei Sothebys in Hong Kong zur Auktion. Dabei wechselte sie für einen Preis von HKD 187.500,00 (€ 20.543,15) den Besitzer und erzielte damit ein Ergebnis im oberen Bereich der Schätzpreisspanne von HKD 150.000,00 – 200.000,00. Für andere Arbeiten von Luis Chan mussten die Käufer allerdings auch schon deutlich tiefer in die Tasche greifen – das bisher höchste Auktionsergebnis haben wir für die Arbeit Marine Wonderland(Painted in 1978) beobachtet, die im Oktober letzten Jahres für HKD 504.000,00 (€ 64.585,46) versteigert wurde.
Luis Chan - Auction history
Other artists in this auction
