Lee Byung-Ho

Prayer

Found at Christies, Hong Kong
Asian Contemporary Art (Day Sale), Lot 2529
27. May - 27. May 2012
Estimate: 20.000 - 45.000 HKD
Price realised: 60.000 HKD
LEE BYUNG-HO
(Korean, B. 1976)
Prayer
signed with the artist's signature; numbered and dated '2/3 2012' (on the reverse)
silicone and air compressor
sculpture: 28.2 x 28.2 x 29 cm. (11 1/8 x 11 1/8 x 11 3/8 in);
pedestal: 30 x 30 x 90 cm. (11 3/4 x 11 3/4 x 35 1/2 in.)
edition 2/3
Executed in 2012

Upper estimate price exceeded by 33 %.

The work Prayer by Lee Byung Ho was auctioned at Christies in Hong Kong in May 2012. It achieved a price of HKD 60,000.00 (€ 6,250.40), exceeding the upper end of the estimate range by 33%. However, buyers have had to dig much deeper into their pockets for other works by Lee Byung Ho - we have observed the highest auction result to date for the work Volume up Venus, which sold at auction in May 2009 for HKD 175,000.00 (€ 15,981.17).

Oberer Schätzpreis um 33 % übertroffen

Die Arbeit Prayer von Lee Byung Ho kam im Mai 2012 bei Christies in Hong Kong zur Auktion. Sie erzielte dabei einen Preis von HKD 60.000,00 (€ 6.250,40) und übertraf damit das obere Ende der Schätzpreisspanne um 33%. Für andere Arbeiten von Lee Byung Ho mussten die Käufer allerdings auch schon deutlich tiefer in die Tasche greifen – das bisher höchste Auktionsergebnis haben wir für die Arbeit Volume up Venus beobachtet, die im Mai 2009 für HKD 175.000,00 (€ 15.981,17) versteigert wurde.

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