Gusti Agung Mangu Putra

Abstract #3

Found at Sothebys, Hong Kong
Modern & Contemporary Southeast Asian Art, Lot 219
5. Oct - 5. Oct 2015
Estimate: 120.000 - 180.000 HKD
Price realised: 125.000 HKD
Gusti Agung Mangu Putra
B. 1963
ABSTRACT #3
Signed twice and dated 2015; signed, inscribed, titled and dated 2015 on the reverse
Silver sheet and oil on canvas
180 by 150 cm; 70 3/4 by 59 in.

Auction result well in line with expectations

The work Abstract #3 by Gusti Agung Mangu Putra was sold in the Modern & Contemporary Southeast Asian Art auction at Sothebys in Hong Kong in October 2015. The estimated price for the artwork was previously given by the auction house with a range of HKD 120,000.00 – 180,000.00, the actual price achieved of HKD 125,000.00 (€ 14,603.33) could thus just exceed the lower estimate. However, buyers have had to dig much deeper into their pockets for other works by Gusti Agung Mangu Putra - we have observed the highest auction result to date for the work Sabang Sampai Merauke, which sold at auction in November 2021 for HKD 504,000.00 (€ 56,039.69).

Auktionsergebnis im Rahmen der Erwartungen

Die Arbeit Abstract #3 von Gusti Agung Mangu Putra wurde im Oktober 2015 in der Auktion Modern & Contemporary Southeast Asian Art bei Sothebys in Hong Kong versteigert. Der Schätzpreis für das Kunstwerk wurde von dem Auktionshaus zuvor mit einer Spanne von HKD 120.000,00 – 180.000,00 angegeben, der tatsächlich erzielte Preis von HKD 125.000,00 (€ 14.603,33) konnte den unteren Schätzpreis somit knapp übertreffen. Für andere Arbeiten von Gusti Agung Mangu Putra mussten die Käufer allerdings auch schon deutlich tiefer in die Tasche greifen – das bisher höchste Auktionsergebnis haben wir für die Arbeit Sabang Sampai Merauke beobachtet, die im November 2021 für HKD 504.000,00 (€ 56.039,69) versteigert wurde.

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