Lee Jaehyo

0121-1110=1100710

Found at Sothebys, Hong Kong
Contemporary Asian Art, Lot 928
4. Apr - 4. Apr 2011
Estimate: 110.000 - 140.000 HKD
Price realised: 275.000 HKD
Lee Jaehyo
B. 1965
0121-1110=1100710
Signed in Korean and dated 10
stainless steel bolts, nails and charcoal
Diameter: 86 cm.; 33 7/8 in. Height: 30 cm.; 11 3/4 in.

Upper estimate price exceeded by 96 %.

This artwork by Lee Jaehyo achieved an unexpectedly high price at Sothebys in Hong Kong in April 2011. In the Contemporary Asian Art auction, the work 0121-1110=1100710 sold for HKD 275,000.00 (€ 23,898.52) - well above the upper estimate of HKD 140,000.00. Despite this good result, it is not the highest hammer price for an artwork by Lee Jaehyo; that achieved among the auctions we observed the lot 0121-1110=110103 sold at auction in April 2011 with the realized price of HKD 400,000.00 (€ 34,761.49).

Oberer Schätzpreis um 96 % übertroffen

Dieses Kunstwerk von Lee Jaehyo erzielte im April 2011 bei Sothebys in Hong Kong einen unerwartet hohen Preis. In der Auktion Contemporary Asian Art wurde die Arbeit 0121-1110=1100710 für HKD 275.000,00 (€ 23.898,52) versteigert – und damit weit über dem oberen Schätzpreis von HKD 140.000,00. Trotz des guten Ergebnisses ist dies nicht der höchste Zuschlag für ein Kunstwerk von Lee Jaehyo; den erzielte unter den von uns beobachteten Auktionen die Arbeit 0121-1110=110103 im April 2011 mit dem Hammerpreis von HKD 400.000,00 (€ 34.761,49).

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