Bae Bien-U
Sea
Estimate: 40.000 - 60.000 USD
Price realised: 51.400 USD
Price realised: 51.400 USD
Description
2007
C-print with Diasec face.
69 x 118 in. (175.3 x 299.7 cm).
Signed “Bien-U Bae” on a label
adhered to the reverse.This work is from an edition of five.
Acquired directly from the artist
C-print with Diasec face.
69 x 118 in. (175.3 x 299.7 cm).
Signed “Bien-U Bae” on a label
adhered to the reverse.This work is from an edition of five.
Acquired directly from the artist
Auction result well in line with expectations
In November 2007 Phillips in New York held the auction Contemporary Art Part II, which included the work Sea by Bae Bien-U. The price achieved of USD 51,400.00 (€ 34,994.55) was within expectations - the estimate range had previously been set by the auction house as USD 40,000.00 – 60,000.00. However, buyers have had to dig much deeper into their pockets for other works by Bae Bien-U - we have observed the highest auction result to date for the work Sonamu SNM3A-004 & Sonamu SNM3A-002, which sold at auction in May 2007 for HKD 1,080,000.00 (€ 102,838.03).
Auktionsergebnis im Rahmen der Erwartungen
Im November 2007 führte Phillips in New York die Auktion Contemporary Art Part II durch, in der auch die Arbeit Sea von Bae Bien-U zur Versteigerung kam. Der dabei erzielte Preis von USD 51.400,00 (€ 34.994,55) lag im Rahmen der Erwartungen – die Schätzpreisspanne war von dem Auktionshaus zuvor mit USD 40.000,00 – 60.000,00 angegeben worden. Für andere Arbeiten von Bae Bien-U mussten die Käufer allerdings auch schon deutlich tiefer in die Tasche greifen – das bisher höchste Auktionsergebnis haben wir für die Arbeit Sonamu SNM3A-004 & Sonamu SNM3A-002 beobachtet, die im Mai 2007 für HKD 1.080.000,00 (€ 102.838,03) versteigert wurde.