Lee Bul
Sternbau No. 4
Estimate: 800.000 - 1.200.000 HKD
Price realised: 1.025.000 HKD
Price realised: 1.025.000 HKD
Description
Lee Bul
B. 1964
STERNBAU NO. 4
executed in 2007
crystal, glass and acrylic beads on nickel-chrome wire, stainless steel and aluminum armature
130 (H) by 70 by 70 cm; 51⅛ (H) by 27½ by 27½ in.
Lehmann Maupin, New York | Acquired by the present owner from the above
B. 1964
STERNBAU NO. 4
executed in 2007
crystal, glass and acrylic beads on nickel-chrome wire, stainless steel and aluminum armature
130 (H) by 70 by 70 cm; 51⅛ (H) by 27½ by 27½ in.
Lehmann Maupin, New York | Acquired by the present owner from the above
Auction result well in line with expectations
In April 2016 Sothebys in Hong Kong held the auction Contemporary Asian Art, which included the work Sternbau No. 4 by Lee Bul. The price achieved of HKD 1,025,000.00 (€ 115,481.60) was within expectations - the estimate range had previously been set by the auction house as HKD 800,000.00 – 1,200,000.00. Other works by Lee Bul have already achieved higher auction prices, for example, in November 2011 the work Sternbau No. 25 was auctioned for USD 164,500.00 (€ 122,277.56).
Auktionsergebnis im Rahmen der Erwartungen
Im April 2016 führte Sothebys in Hong Kong die Auktion Contemporary Asian Art durch, in der auch die Arbeit Sternbau No. 4 von Lee Bul zur Versteigerung kam. Der dabei erzielte Preis von HKD 1.025.000,00 (€ 115.481,60) lag im Rahmen der Erwartungen – die Schätzpreisspanne war von dem Auktionshaus zuvor mit HKD 800.000,00 – 1.200.000,00 angegeben worden. Andere Arbeiten von Lee Bul konnten bereits höhere Auktionspreise erzielen, so wurde im November 2011 die Arbeit Sternbau No. 25 für USD 164.500,00 (€ 122.277,56) versteigert.