Lee Kit

Nivea

Found at Sothebys, Hong Kong
Contemporary Art Day Sale, Lot 563
7. Oct - 7. Oct 2020
Estimate: 48.000 - 90.000 HKD
Price realised: 60.480 HKD
Art of Tomorrow: Works Sold to Benefit the Chu Foundation
LEE KIT
b. 1978
NIVEA
acrylic, emulsion paint and inkjet ink on cardboard
Executed in 2012.
30 by 60 cm. 11¾ by 23⅝ in.
----------------------------------------------
李傑 生於1978年
Saamlung, Hong Kong | Acquired from the above by the present owner | ---------------------------------------------- | 香港,Saamlung | 現藏者購自上述來源

Auction result well in line with expectations

The work Nivea by Lee Kit was auctioned at Sothebys in Hong Kong in October 2020. The price achieved of HKD 60,480.00 (€ 6,698.65) was within expectations - the estimate range had previously been set by the auction house as HKD 48,000.00 – 90,000.00. Admittedly, works by Lee Kit have also been auctioned for a multiple of this price - according to our records, the highest result so far was achieved by the work Johnson's- No More Tears in March 2015 with an auction result of HKD 437,500.00 (€ 52,543.99).

Auktionsergebnis im Rahmen der Erwartungen

Die Arbeit Nivea von Lee Kit kam im Oktober 2020 bei Sothebys in Hong Kong zur Auktion. Der dabei erzielte Preis von HKD 60.480,00 (€ 6.698,65) lag im Rahmen der Erwartungen – die Schätzpreisspanne war von dem Auktionshaus zuvor mit HKD 48.000,00 – 90.000,00 angegeben worden. Freilich wurden Arbeiten von Lee Kit auch schon für ein Vielfaches dieses Preises versteigert – das bisher höchste Ergebnis erzielte nach unseren Aufzeichnungen die Arbeit Johnson's- No More Tears im März 2015 mit einem Auktionsergebnis von HKD 437.500,00 (€ 52.543,99).

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