U Lun Gywe

Playing on the Beach

Found at Bonhams, New York
Modern & Contemporary Art and Southeast Asian Art, Lot 65
27. May - 27. May 2023
Estimate: 55.000 - 80.000 HKD
Price realised: 83.200 HKD
U Lun Gywe (b. 1930)
Playing on the Beach
2004
signed and dated lun Gywe 2004
oil on canvas
60 x 75 cm (23 5/8 x 29 1/2 in)
Acquired directly from the artist | Private collection, Thailand

Upper estimated price slightly exceeded

The work Playing on the Beach by U Lun Gywe was auctioned at Bonhams in New York in May this year. Here, the upper estimate of HKD 80,000.00 was slightly exceeded - the artwork found a new owner for HKD 83,200.00 (€ 9,972.44). However, buyers have had to dig much deeper into their pockets for other works by U Lun Gywe - we have observed the highest auction result to date for the work Spectrum of Burmese Colour, which sold at auction in November 2019 for HKD 325,000.00 (€ 37,693.98).

Oberer Schätzpreis leicht übertroffen

Die Arbeit Playing on the Beach von U Lun Gywe kam im Mai diesen Jahres bei Bonhams in New York zur Auktion. Dabei wurde der obere Schätzpreis von HKD 80.000,00 leicht übertroffen – das Kunstwerk fand für HKD 83.200,00 (€ 9.972,44) einen neuen Besitzer. Für andere Arbeiten von U Lun Gywe mussten die Käufer allerdings auch schon deutlich tiefer in die Tasche greifen – das bisher höchste Auktionsergebnis haben wir für die Arbeit Spectrum of Burmese Colour beobachtet, die im November 2019 für HKD 325.000,00 (€ 37.693,98) versteigert wurde.

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