Lee Kit
Johnson'S (Milk Bath)
Found at
Sothebys,
Hong Kong
Contemporary Art Day Sale, Lot 501
1. Apr - 1. Apr 2018
Contemporary Art Day Sale, Lot 501
1. Apr - 1. Apr 2018
Estimate: XX.XXX
Price realised: XX.XXX
Price realised: XX.XXX
Description
Lee Kit
B. 1978
JOHNSON'S (MILK BATH)
Executed in 2010
acrylic, emulsion paint, inkjet ink and tape on cardboard
83.5 by 108 cm; 32⅞ by 42½ in.
Osage Gallery, Hong Kong | Acquired by the present owner from the above
B. 1978
JOHNSON'S (MILK BATH)
Executed in 2010
acrylic, emulsion paint, inkjet ink and tape on cardboard
83.5 by 108 cm; 32⅞ by 42½ in.
Osage Gallery, Hong Kong | Acquired by the present owner from the above
Upper estimate price exceeded by 98 %.
This artwork by Lee Kit achieved an unexpectedly high price at Sothebys in Hong Kong in April 2018. In the Contemporary Art Day Sale auction, the work Johnson'S (Milk Bath) sold for HKD 237,500.00 (€ 25,060.05) - well above the upper estimate of HKD 120,000.00. 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).
Oberer Schätzpreis um 98 % übertroffen
Dieses Kunstwerk von Lee Kit erzielte im April 2018 bei Sothebys in Hong Kong einen unerwartet hohen Preis. In der Auktion Contemporary Art Day Sale wurde die Arbeit Johnson'S (Milk Bath) für HKD 237.500,00 (€ 25.060,05) versteigert – und damit weit über dem oberen Schätzpreis von HKD 120.000,00. 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.