Ugo Rondinone

Small Violet Mountain

Found at Phillips, Hong Kong Auction
20th Century & Contemporary Art & Design Day Sale, Lot 243
21. Jun - 21. Jun 2022
Estimate: 30.000 - 50.000 HKD
Price realised: 214.200 HKD
signed with the artist's initials, titled and dated '"small violet mountain" u.r. 2016' on the reverse
painted stone on concrete base
sculpture 11.5 x 15.5 x 10 cm. (4 1/2 x 6 1/8 x 3 7/8 in.)
base 3.3 x 14 x 14 cm. (1 1/4 x 5 1/2 x 5 1/2 in.)

Artwork auctioned at four times the upper estimate price

When the work Small Violet Mountain by Ugo Rondinone was auctioned at Phillips in Hong Kong in June last year, the result exceeded expectations many times over. The upper estimate was set at a - in retrospect quite modest - HKD 50,000.00 but the actual price achieved was more than four times as high at HKD 214,200.00 (€ 26,066.56). Of course, this price has nothing to do with the top prices that other works by Ugo Rondinone achieve. The highest price we have observed so far was reached by the work A Day Like This.Made Of Nothing And Nothing Else in November 2018 with an auction result of USD 1,131,000.00 (€ 998,851.89).

Kunstwerk zum Vierfachen des oberen Schätzpreises versteigert

Als die Arbeit Small Violet Mountain von Ugo Rondinone im Juni letzten Jahres bei Phillips in Hong Kong versteigert wurde, übertraf das Ergebnis die Erwartungen um ein Vielfaches. Der obere Schätzpreis war mit – rückwirkend betrachtet recht bescheidenen – HKD 50.000,00 angesetzt, der tatsächlich erzielte Preis hingegen war mit HKD 214.200,00 (€ 26.066,56) mehr als viermal so hoch. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Ugo Rondinone erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit A Day Like This.Made Of Nothing And Nothing Else im November 2018 mit einem Auktionsergebnis von USD 1.131.000,00 (€ 998.851,89).

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Rafa Macarrón - Cosmos
Rafa Macarrón
Auction: 21. Jun - 21. Jun 2022
Title: Cosmos
Price: 756.000 HKD
Found at Phillips
39 auction results
Scott Kahn - A Dream
Scott Kahn
Auction: 21. Jun - 21. Jun 2022
Title: A Dream
Price: 630.000 HKD
Found at Phillips
52 auction results
Ben Sledsens - Two Bathers
Ben Sledsens
Auction: 21. Jun - 21. Jun 2022
Title: Two Bathers
Price: 2.016.000 HKD
Found at Phillips
9 auction results