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Lee Ufan - Dialogue

Lee Ufan

Dialogue

Found at Phillips, Hong Kong Auction
20th Century & Contemporary Art & Design Day Sale, Lot 174
21. Jun - 21. Jun 2022
Estimate: XX.XXX
Price realised: XX.XXX
signed and dated 'L. Ufan '08' lower right
watercolour on paper
63.5 x 82.5 cm. (25 x 32 1/2 in.)
Executed in 2008.

Auction result well in line with expectations

The work Dialogue by Lee Ufan was sold in the 20th Century & Contemporary Art & Design Day Sale auction at Phillips in Hong Kong in June last year. The price achieved of HKD 630,000.00 (€ 76,666.35) was within expectations - the estimate range had previously been set by the auction house as HKD 500,000.00 – 700,000.00. Of course, this price has nothing to do with the top prices that other works by Lee Ufan achieve. The highest price we have observed so far was reached by the work From Line, No. 760219 in November 2014 with an auction result of USD 2,165,000.00 (€ 1,740,633.54).

Auktionsergebnis im Rahmen der Erwartungen

Die Arbeit Dialogue von Lee Ufan wurde im Juni letzten Jahres in der Auktion 20th Century & Contemporary Art & Design Day Sale bei Phillips in Hong Kong versteigert. Der dabei erzielte Preis von HKD 630.000,00 (€ 76.666,35) lag im Rahmen der Erwartungen – die Schätzpreisspanne war von dem Auktionshaus zuvor mit HKD 500.000,00 – 700.000,00 angegeben worden. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Lee Ufan erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit From Line, No. 760219 im November 2014 mit einem Auktionsergebnis von USD 2.165.000,00 (€ 1.740.633,54).

Lee Ufan - Auction history

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