Lun Gywe U

Flowers boats

Found at Christies, Hong Kong (Online Auction)
No Regrets: 20/21 Art Online: All Originals, Lot 154
7. Apr - 22. Apr 2022
Estimate: 40.000 - 60.000 HKD
Price realised: 47.880 HKD
Lun Gywe U (b. 1930)
Flowers boats
signed ‘Lun Gywe’ and dated’ 2010’ (lower right)
oil on canvas
121.5 x 61.3 cm (47 7/8 x 24 1/8 in.)
Painted in 2010
This work is accompanied by a certificate of authenticity issued by the artist’s studio and signed by the artist.

Auction result well in line with expectations

In April last year Christies in Hong Kong held the auction No Regrets: 20/21 Art Online: All Originals, which included the work Flowers boats by U Lun Gywe. The price achieved of HKD 47,880.00 (€ 5,789.04) was within expectations - the estimate range had previously been set by the auction house as HKD 40,000.00 – 60,000.00. Admittedly, works by U Lun Gywe have also been auctioned for a multiple of this price - according to our records, the highest result so far was achieved by the work Spectrum of Burmese Colour in November 2019 with an auction result of HKD 325,000.00 (€ 37,693.98).

Auktionsergebnis im Rahmen der Erwartungen

Im April letzten Jahres führte Christies in Hong Kong die Auktion No Regrets: 20/21 Art Online: All Originals durch, in der auch die Arbeit Flowers boats von U Lun Gywe zur Versteigerung kam. Der dabei erzielte Preis von HKD 47.880,00 (€ 5.789,04) lag im Rahmen der Erwartungen – die Schätzpreisspanne war von dem Auktionshaus zuvor mit HKD 40.000,00 – 60.000,00 angegeben worden. Freilich wurden Arbeiten von U Lun Gywe auch schon für ein Vielfaches dieses Preises versteigert – das bisher höchste Ergebnis erzielte nach unseren Aufzeichnungen die Arbeit Spectrum of Burmese Colour im November 2019 mit einem Auktionsergebnis von HKD 325.000,00 (€ 37.693,98).

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