U Lun Gywe

Seashore

Found at Sothebys, Hong Kong
Modern and Contemporary Southeast Asian Art, Lot 247
1. Apr - 1. Apr 2019
Estimate: 80.000 - 150.000 HKD
Price realised: 106.250 HKD
U Lun Gywe
B. 1930
SEASHORE
Signed and dated 95
Acrylic on canvas
75.5 by 107 cm; 29 1/2  by 42 in. 

Auction result well in line with expectations

In April 2019 Sothebys in Hong Kong held the auction Modern and Contemporary Southeast Asian Art, which included the work Seashore by U Lun Gywe. The price achieved of HKD 106,250.00 (€ 12,094.34) was within expectations - the estimate range had previously been set by the auction house as HKD 80,000.00 – 150,000.00. 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).

Auktionsergebnis im Rahmen der Erwartungen

Im April 2019 führte Sothebys in Hong Kong die Auktion Modern and Contemporary Southeast Asian Art durch, in der auch die Arbeit Seashore von U Lun Gywe zur Versteigerung kam. Der dabei erzielte Preis von HKD 106.250,00 (€ 12.094,34) lag im Rahmen der Erwartungen – die Schätzpreisspanne war von dem Auktionshaus zuvor mit HKD 80.000,00 – 150.000,00 angegeben worden. 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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