Bui Xuan Phai

Portrait of Poetress Ho Xuan Huong

Found at Bonhams, Hong Kong (Online Auction)
Southeast Asian Modern & Contemporary Art Online, Lot 24
10. Jun - 21. Jun 2022
Estimate: 15.000 - 25.000 HKD
Price realised: 280.200 HKD
Bui Xuan Phai (1920-1988)
Portrait of Poetress Ho Xuan Huong
1987
signed, inscribed "The gentleman lingers around, unable to walk off; Damn if he leaves, damn if he stays" in Vietnamese and dated 87;
signed and dated 87
coloured pencil on paper
17.1 by 12.4 cm.
6 3/4 by 4 7/8 in.;
17.8 by 11.4 cm. 7 by 4 1/2 in.
Minh Chau Gallery, 7 Ly Dao Thanh Street, Hanoi | Acquired directly from the above by the present owner on 8 July 2002 | Private collection, USA

Artwork auctioned at 11 times the upper estimate price

When the work Portrait of Poetress Ho Xuan Huong by Bui Xuan Phai was auctioned at Bonhams 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 25,000.00 but the actual price achieved was more than 11 times as high at HKD 280,200.00 (€ 34,098.27). Admittedly, works by Bui Xuan Phai have also been auctioned for a multiple of this price - according to our records, the highest result so far was achieved by the work Houses in May 2021 with an auction result of HKD 1,625,000.00 (€ 171,775.05).

Kunstwerk zum Elffachen des oberen Schätzpreises versteigert

Als die Arbeit Portrait of Poetress Ho Xuan Huong von Bui Xuan Phai im Juni letzten Jahres bei Bonhams in Hong Kong versteigert wurde, übertraf das Ergebnis die Erwartungen um ein Vielfaches. Der obere Schätzpreis war mit – rückwirkend betrachtet recht bescheidenen – HKD 25.000,00 angesetzt, der tatsächlich erzielte Preis hingegen war mit HKD 280.200,00 (€ 34.098,27) mehr als elfmal so hoch. Freilich wurden Arbeiten von Bui Xuan Phai auch schon für ein Vielfaches dieses Preises versteigert – das bisher höchste Ergebnis erzielte nach unseren Aufzeichnungen die Arbeit Houses im Mai 2021 mit einem Auktionsergebnis von HKD 1.625.000,00 (€ 171.775,05).

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