Lam Tung Pang

Monkey In Cage

Found at Sothebys, Hong Kong
Contemporary Art Day Sale, Lot 635
7. Oct - 7. Oct 2020
Estimate: 30.000 - 50.000 HKD
Price realised: 35.280 HKD
LAM TUNG PANG
b. 1978
MONKEY IN CAGE
acrylic and wire on canvas
signed and dated 2009 on the reverse
100 by 80 cm. 39⅜ by 31½ in.
----------------------------------------------
林東鵬
生於1978年 籠中猴子
Acquired directly from the artist by the present owner | ---------------------------------------------- | 現藏者直接購自藝術家本人

Auction result well in line with expectations

In October 2020 Sothebys in Hong Kong held the auction Contemporary Art Day Sale, which included the work Monkey In Cage by Lam Tung Pang. The price achieved of HKD 35,280.00 (€ 3,907.55) was within expectations - the estimate range had previously been set by the auction house as HKD 30,000.00 – 50,000.00. However, buyers have had to dig much deeper into their pockets for other works by Lam Tung Pang - we have observed the highest auction result to date for the work Potted Landscape No.5, which sold at auction in May last year for HKD 75,600.00 (€ 8,975.34).

Auktionsergebnis im Rahmen der Erwartungen

Im Oktober 2020 führte Sothebys in Hong Kong die Auktion Contemporary Art Day Sale durch, in der auch die Arbeit Monkey In Cage von Lam Tung Pang zur Versteigerung kam. Der dabei erzielte Preis von HKD 35.280,00 (€ 3.907,55) lag im Rahmen der Erwartungen – die Schätzpreisspanne war von dem Auktionshaus zuvor mit HKD 30.000,00 – 50.000,00 angegeben worden. Für andere Arbeiten von Lam Tung Pang mussten die Käufer allerdings auch schon deutlich tiefer in die Tasche greifen – das bisher höchste Auktionsergebnis haben wir für die Arbeit Potted Landscape No.5 beobachtet, die im Mai letzten Jahres für HKD 75.600,00 (€ 8.975,34) versteigert wurde.

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