Lee Kit
Dip In The Water
Found at
Christies,
Hong Kong
20th Century & Contemporary Art (Afternoon Session), Lot 493
26.Mai - 26.Mai.2019
20th Century & Contemporary Art (Afternoon Session), Lot 493
26.Mai - 26.Mai.2019
Estimate: 120.000 - 200.000 HKD
Price realised: 175.000 HKD
Price realised: 175.000 HKD
Description
painting: acrylic, emulsion paint, inkjet ink and pencil on cardboard;
video: looped MP4 format
painting: 47.5 x 61.5 cm. (18 6/8 x 24 2/8 in.)
projection: 147 x 181.5 cm. (57 7/8 x 71 4/8 in.)
Executed in 2014
Vitamin Creative Space, Guangzhou, China | Private Collection, USA | The work is accompanied by a certificate signed by the artist
video: looped MP4 format
painting: 47.5 x 61.5 cm. (18 6/8 x 24 2/8 in.)
projection: 147 x 181.5 cm. (57 7/8 x 71 4/8 in.)
Executed in 2014
Vitamin Creative Space, Guangzhou, China | Private Collection, USA | The work is accompanied by a certificate signed by the artist
Auction result well in line with expectations
The work Dip In The Water by Lee Kit was auctioned at Christies in Hong Kong in May 2019. The price achieved of HKD 175,000.00 (€ 20,028.70) was within expectations - the estimate range had previously been set by the auction house as HKD 120,000.00 – 200,000.00. However, buyers have had to dig much deeper into their pockets for other works by Lee Kit - we have observed the highest auction result to date for the work Johnson's- No More Tears, which sold at auction in March 2015 for HKD 437,500.00 (€ 52,543.99).
Auktionsergebnis im Rahmen der Erwartungen
Die Arbeit Dip In The Water von Lee Kit kam im Mai 2019 bei Christies in Hong Kong zur Auktion. Der dabei erzielte Preis von HKD 175.000,00 (€ 20.028,70) lag im Rahmen der Erwartungen – die Schätzpreisspanne war von dem Auktionshaus zuvor mit HKD 120.000,00 – 200.000,00 angegeben worden. Für andere Arbeiten von Lee Kit mussten die Käufer allerdings auch schon deutlich tiefer in die Tasche greifen – das bisher höchste Auktionsergebnis haben wir für die Arbeit Johnson's- No More Tears beobachtet, die im März 2015 für HKD 437.500,00 (€ 52.543,99) versteigert wurde.