U Lun Gywe

Flowers

Found at Sothebys, Hong Kong
Modern and Contemporary Southeast Asian Art Day Sale, Lot 289
9. Jul - 9. Jul 2020
Estimate: 45.000 - 65.000 HKD
Price realised: 47.500 HKD
U Lun Gywe
B. 1930
FLOWERS
Signed and dated 93
Oil on canvas
45.5 by 40.5 cm; 18 by 16 in.

Auction result well in line with expectations

The work Flowers by U Lun Gywe was sold in the Modern and Contemporary Southeast Asian Art Day Sale auction at Sothebys in Hong Kong in July 2020. The estimated price for the artwork was previously given by the auction house with a range of HKD 45,000.00 – 65,000.00, the actual price achieved of HKD 47,500.00 (€ 5,204.26) could thus just exceed the lower estimate. 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

Die Arbeit Flowers von U Lun Gywe wurde im Juli 2020 in der Auktion Modern and Contemporary Southeast Asian Art Day Sale bei Sothebys in Hong Kong versteigert. Der Schätzpreis für das Kunstwerk wurde von dem Auktionshaus zuvor mit einer Spanne von HKD 45.000,00 – 65.000,00 angegeben, der tatsächlich erzielte Preis von HKD 47.500,00 (€ 5.204,26) konnte den unteren Schätzpreis somit knapp übertreffen. 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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