Le Minh
Boats By The Shore
Found at
Sothebys,
Hong Kong
Modern and Contemporary Southeast Asian Art Day Sale, Lot 271
9. Jul - 9. Jul 2020
Modern and Contemporary Southeast Asian Art Day Sale, Lot 271
9. Jul - 9. Jul 2020
Estimate: 8.000 - 12.000 HKD
Price realised: 5.625 HKD
Price realised: 5.625 HKD
Description
Le Minh
B. 1937
BOATS BY THE SHORE
Signed
Oil on canvas
19 by 24 cm; 7 1/2 by 9 1/2 in.
Private Collection, USA
B. 1937
BOATS BY THE SHORE
Signed
Oil on canvas
19 by 24 cm; 7 1/2 by 9 1/2 in.
Private Collection, USA
Auction result misses estimated price range
When the work Boats By The Shore by Le Minh was auctioned at Sothebys in Hong Kong in July 2020, the result was somewhat disappointing. The auction house had previously given the estimated price as a range of HKD 8,000.00 – 12,000.00, of which not even the lower limit was reached - in fact, the artwork changed hands for HKD 5,625.00 (€ 616.29). Of course, this price has nothing to do with the top prices that other works by Le Minh achieve. The highest price we have observed so far was reached by the work Mưa Ngoài Phố (Rain Scene in Saigon) in April 2021 with an auction result of HKD 70,125.00 (€ 7,507.98).
Auktionsergebnis verfehlt die Schätzpreisspanne
Als die Arbeit Boats By The Shore von Le Minh im Juli 2020 bei Sothebys in Hong Kong versteigert wurde, fiel das Ergebnis ein wenig enttäuschend aus. Das Auktionshaus hatte den Schätzpreis zuvor mit einer Spanne von HKD 8.000,00 – 12.000,00 angegeben, von der nicht einmal die Untergrenze erreicht wurde - tatsächlich wechselte das Kunstwerk für HKD 5.625,00 (€ 616,29) den Besitzer. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Le Minh erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit Mưa Ngoài Phố (Rain Scene in Saigon) im April 2021 mit einem Auktionsergebnis von HKD 70.125,00 (€ 7.507,98).
Le Minh - Auction history
Other artists in this auction
