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Lee Kit - Pears

Lee Kit

Pears

Found at Sothebys, Hong Kong
Contemporary Asian Art, Lot 761
5. Oct - 5. Oct 2015
Estimate: XX.XXX
Price realised: XX.XXX
Lee Kit
B. 1978
PEARS
executed in 2011
acrylic, emulsion and inkjet ink on cardboard
38 by 34.5 cm.; 15 by 13½ in.
Lombard Freid Gallery, New York | Acquired by the present owner from the above

Upper estimate price exceeded by more than 100%

This artwork by Lee Kit achieved an unexpectedly high price at Sothebys in Hong Kong in October 2015. In the Contemporary Asian Art auction, the work Pears sold for HKD 125,000.00 (€ 14,603.33) - well above the upper estimate of HKD 60,000.00. 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 mehr als 100% übertroffen

Dieses Kunstwerk von Lee Kit erzielte im Oktober 2015 bei Sothebys in Hong Kong einen unerwartet hohen Preis. In der Auktion Contemporary Asian Art wurde die Arbeit Pears für HKD 125.000,00 (€ 14.603,33) versteigert – und damit weit über dem oberen Schätzpreis von HKD 60.000,00. 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.

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