Natee Utarit

The Private Expectation of God and the Common Reason of Investment

Found at Christies, Hong Kong
20th/21st Century Art Evening Sale, Lot 5
28. Nov - 28. Nov 2023
Estimate: 900.000 - 1.500.000 HKD
Price realised: 3.150.000 HKD
NATEE UTARIT (B. 1970)
The Private Expectation of God and the Common Reason of Investment
signed and dated ‘NATEE UTARIT MMXIV’ (lower right); signed 'natee utarit' (label on the reverse of both panels)
oil on canvas laid on board in the artist's original frame (diptych)
overall: 264 x 248 cm. (103 7⁄8 x 97 5⁄8 in.)
each: 264 x 124 cm. (103 7⁄8 x 48 7⁄8 in.) (2)
Painted in 2014

Upper estimate price exceeded by more than 100%

This artwork by Natee Utarit achieved an unexpectedly high price at Christies in Hong Kong in November this year. In the 20th/21st Century Art Evening Sale auction, the work The Private Expectation of God and the Common Reason of Investment sold for HKD 3,150,000.00 (€ 369,636.96) - well above the upper estimate of HKD 1,500,000.00. Despite this good result, it is not the highest hammer price for an artwork by Natee Utarit; that achieved among the auctions we observed the lot GOD sold at auction in May last year with the realized price of HKD 4,032,000.00 (€ 478,684.93).

Oberer Schätzpreis um mehr als 100% übertroffen

Dieses Kunstwerk von Natee Utarit erzielte im November diesen Jahres bei Christies in Hong Kong einen unerwartet hohen Preis. In der Auktion 20th/21st Century Art Evening Sale wurde die Arbeit The Private Expectation of God and the Common Reason of Investment für HKD 3.150.000,00 (€ 369.636,96) versteigert – und damit weit über dem oberen Schätzpreis von HKD 1.500.000,00. Trotz des guten Ergebnisses ist dies nicht der höchste Zuschlag für ein Kunstwerk von Natee Utarit; den erzielte unter den von uns beobachteten Auktionen die Arbeit GOD im Mai letzten Jahres mit dem Hammerpreis von HKD 4.032.000,00 (€ 478.684,93).

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