Baiju Parthan

Archaeology 3 - the Return

Found at Christies, Hong Kong
Asian Contemporary Art (Day Sale), Lot 392
25. May - 25. May 2008
Estimate: 500.000 - 600.000 HKD
Price realised: 1.147.500 HKD
BAIJU PARTHAN
(Born in 1956)
Archaeology 3 - the Return
signed and dated 'Baiju Parthan; 2007' (upper left & on reverse)
acrylic on canvas
181.8 x 182 cm. (71½ x 71 5/8 in.)
Painted in 2007

Upper estimate price exceeded by 91 %.

This artwork by Baiju Parthan achieved an unexpectedly high price at Christies in Hong Kong in May 2008. In the Asian Contemporary Art (Day Sale) auction, the work Archaeology 3 - the Return sold for HKD 1,147,500.00 (€ 94,469.63) - well above the upper estimate of HKD 600,000.00. Despite this good result, it is not the highest hammer price for an artwork by Baiju Parthan; that achieved among the auctions we observed the lot Archeology - Arrival at Lancashire sold at auction in March 2008 with the realized price of USD 169,000.00 (€ 106,928.19).

Oberer Schätzpreis um 91 % übertroffen

Dieses Kunstwerk von Baiju Parthan erzielte im Mai 2008 bei Christies in Hong Kong einen unerwartet hohen Preis. In der Auktion Asian Contemporary Art (Day Sale) wurde die Arbeit Archaeology 3 - the Return für HKD 1.147.500,00 (€ 94.469,63) versteigert – und damit weit über dem oberen Schätzpreis von HKD 600.000,00. Trotz des guten Ergebnisses ist dies nicht der höchste Zuschlag für ein Kunstwerk von Baiju Parthan; den erzielte unter den von uns beobachteten Auktionen die Arbeit Archeology - Arrival at Lancashire im März 2008 mit dem Hammerpreis von USD 169.000,00 (€ 106.928,19).

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