Lee Bul - Autopoiesis

Lee Bul

Autopoiesis

Found at Sothebys, Hong Kong
Contemporary Asian Art, Lot 842
7. Oct - 7. Oct 2012
Estimate: 500.000 - 600.000 HKD
Price realised: 524.000 HKD
Description
Lee Bul
B.1964
AUTOPOIESIS
executed in 2007
crystal and glass beads on nickel-chrome and stainless steel wire
199 (H) by 107 by 108 cm.; 78 3/8 (H) by 42 1/8 by 42 1/2 in.
Lehman Maupin Gallery, New York | Private collection | Christie's, Hong Kong, 29 May, 2011, lot 1435
en de

Auction result well in line with expectations

The work Autopoiesis by Lee Bul was sold in the Contemporary Asian Art auction at Sothebys in Hong Kong in October 2012. The estimated price for the artwork was previously given by the auction house with a range of HKD 500,000.00 – 600,000.00, the actual price achieved of HKD 524,000.00 (€ 52,165.46) could thus just exceed the lower estimate. However, buyers have had to dig much deeper into their pockets for other works by Lee Bul - we have observed the highest auction result to date for the work Sternbau No. 25, which sold at auction in November 2011 for USD 164,500.00 (€ 122,277.56).

Auktionsergebnis im Rahmen der Erwartungen

Die Arbeit Autopoiesis von Lee Bul wurde im Oktober 2012 in der Auktion Contemporary Asian Art bei Sothebys in Hong Kong versteigert. Der Schätzpreis für das Kunstwerk wurde von dem Auktionshaus zuvor mit einer Spanne von HKD 500.000,00 – 600.000,00 angegeben, der tatsächlich erzielte Preis von HKD 524.000,00 (€ 52.165,46) konnte den unteren Schätzpreis somit knapp übertreffen. Für andere Arbeiten von Lee Bul mussten die Käufer allerdings auch schon deutlich tiefer in die Tasche greifen – das bisher höchste Auktionsergebnis haben wir für die Arbeit Sternbau No. 25 beobachtet, die im November 2011 für USD 164.500,00 (€ 122.277,56) versteigert wurde.

Lee Bul - Auction history

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Catherine Lupis Thomas

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