Li Chen
Reverberance
Found at
Phillips,
Hong Kong Auction
20th Century & Contemporary Art & Design Day Sale, Lot 167
21. Jun - 21. Jun 2022
20th Century & Contemporary Art & Design Day Sale, Lot 167
21. Jun - 21. Jun 2022
Estimate: 200.000 - 500.000 HKD
Price realised: 856.800 HKD
Price realised: 856.800 HKD
Description
incised with the artist's name, seal and numbered ‘Li Chen [in Pinyin] 15/30 2015’ on the reverse
bronze
44 x 23.5 x 18.7 cm. (17 3/8 x 9 1/4 x 7 3/8 in.)
Executed in 2015, this work is number 15 from an edition of 30, and is accompanied by a certificate of authenticity issued by Asia Art Center.
bronze
44 x 23.5 x 18.7 cm. (17 3/8 x 9 1/4 x 7 3/8 in.)
Executed in 2015, this work is number 15 from an edition of 30, and is accompanied by a certificate of authenticity issued by Asia Art Center.
Upper estimate price exceeded by 71 %.
In June last year Phillips in Hong Kong held the auction 20th Century & Contemporary Art & Design Day Sale, which included the work Reverberance by Li Chen. The »bidding war« ended at HKD 856,800.00 (€ 104,266.23), 71% above the upper estimate. Of course, this price has nothing to do with the top prices that other works by Li Chen achieve. The highest price we have observed so far was reached by the work Dragon-Riding Buddha (Executed In 2001) in April 2021 with an auction result of HKD 17,975,000.00 (€ 1,924,505.40).
Oberer Schätzpreis um 71 % übertroffen
Im Juni letzten Jahres führte Phillips in Hong Kong die Auktion 20th Century & Contemporary Art & Design Day Sale durch, in der auch die Arbeit Reverberance von Li Chen zur Versteigerung kam. Das »Bietergefecht« endete beim Preis von HKD 856.800,00 (€ 104.266,23) und damit 71% über dem oberen Schätzpreis. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Li Chen erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit Dragon-Riding Buddha (Executed In 2001) im April 2021 mit einem Auktionsergebnis von HKD 17.975.000,00 (€ 1.924.505,40).
