Arie Smit
Ricefields in Bali
Found at
Bonhams,
Hong Kong
Southeast Asian Modern & Contemporary Art, Lot 27
28. May - 28. May 2022
Southeast Asian Modern & Contemporary Art, Lot 27
28. May - 28. May 2022
Estimate: 180.000 - 220.000 HKD
Price realised: 216.750 HKD
Price realised: 216.750 HKD
Description
Arie Smit (1916-2016)
Ricefields in Bali
1999
signed and dated 99
acrylic on canvas
40 by 60 cm.
15 3/4 by 23 5/8 in.
The work is accompanied with a certificate of authenticity of the artist holding the painting issued by Neka Art Museum, dated March 20, 1999.
Neka Museum, Bali | Private collection, Singapore
Ricefields in Bali
1999
signed and dated 99
acrylic on canvas
40 by 60 cm.
15 3/4 by 23 5/8 in.
The work is accompanied with a certificate of authenticity of the artist holding the painting issued by Neka Art Museum, dated March 20, 1999.
Neka Museum, Bali | Private collection, Singapore
Auction result well in line with expectations
The work Ricefields in Bali by Arie Smit was auctioned at Bonhams in Hong Kong in May last year. It changed hands for a price of HKD 216,750.00 (€ 25,732.88) achieving a result in the upper range of the estimate price range of HKD 180,000.00 – 220,000.00. Of course, this price has nothing to do with the top prices that other works by Arie Smit achieve. The highest price we have observed so far was reached by the work Padi Fields in May 2019 with an auction result of HKD 3,605,000.00 (€ 412,591.26).
Auktionsergebnis im Rahmen der Erwartungen
Die Arbeit Ricefields in Bali von Arie Smit kam im Mai letzten Jahres bei Bonhams in Hong Kong zur Auktion. Dabei wechselte sie für einen Preis von HKD 216.750,00 (€ 25.732,88) den Besitzer und erzielte damit ein Ergebnis im oberen Bereich der Schätzpreisspanne von HKD 180.000,00 – 220.000,00. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Arie Smit erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit Padi Fields im Mai 2019 mit einem Auktionsergebnis von HKD 3.605.000,00 (€ 412.591,26).