Bui Xuan Phai
Devotion
Found at
Bonhams,
Hong Kong (Online Auction)
Southeast Asian Modern & Contemporary Art Online, Lot 27
10. Jun - 21. Jun 2022
Southeast Asian Modern & Contemporary Art Online, Lot 27
10. Jun - 21. Jun 2022
Estimate: 30.000 - 60.000 HKD
Price realised: 38.250 HKD
Price realised: 38.250 HKD
Description
Bui Xuan Phai (1920-1988)
Devotion
1985
signed and dated Phai 85
oil on canvas laid on board
14.5 by 19.5 cm.
5 3/4 by 7 5/8 in.
Acquired directly from the artist by Thúc Cà̂n Hà | Acquired directly from the above by the present owner | Private collection, Singapore
Devotion
1985
signed and dated Phai 85
oil on canvas laid on board
14.5 by 19.5 cm.
5 3/4 by 7 5/8 in.
Acquired directly from the artist by Thúc Cà̂n Hà | Acquired directly from the above by the present owner | Private collection, Singapore
Auction result well in line with expectations
In June last year Bonhams in Hong Kong held the auction Southeast Asian Modern & Contemporary Art Online, which included the work Devotion by Bui Xuan Phai. The price achieved of HKD 38,250.00 (€ 4,654.74) was within expectations - the estimate range had previously been set by the auction house as HKD 30,000.00 – 60,000.00. Of course, this price has nothing to do with the top prices that other works by Bui Xuan Phai achieve. The highest price we have observed so far was reached by the work Houses in May 2021 with an auction result of HKD 1,625,000.00 (€ 171,775.05).
Auktionsergebnis im Rahmen der Erwartungen
Im Juni letzten Jahres führte Bonhams in Hong Kong die Auktion Southeast Asian Modern & Contemporary Art Online durch, in der auch die Arbeit Devotion von Bui Xuan Phai zur Versteigerung kam. Der dabei erzielte Preis von HKD 38.250,00 (€ 4.654,74) lag im Rahmen der Erwartungen – die Schätzpreisspanne war von dem Auktionshaus zuvor mit HKD 30.000,00 – 60.000,00 angegeben worden. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Bui Xuan Phai erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit Houses im Mai 2021 mit einem Auktionsergebnis von HKD 1.625.000,00 (€ 171.775,05).
Bui Xuan Phai - Auction history
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