Li Chen
The Buddha in the Cloud
Found at
Phillips,
Hong Kong Auction
20th Century & Contemporary Art & Design Day Sale in association with Yongle, Lot 210
30. Nov - 30. Nov 2022
20th Century & Contemporary Art & Design Day Sale in association with Yongle, Lot 210
30. Nov - 30. Nov 2022
Estimate: 200.000 - 500.000 HKD
Price realised: 655.200 HKD
Price realised: 655.200 HKD
Description
incised with the artist's name, seal and numbered ‘2002 Li Chen 13/30’ on the reverse
bronze
49 x 35 x 21 cm. (19 1/4 x 13 3/4 x 8 1/4 in.)
Executed in 2002, this work is number 13 from an edition of 30, and is accompanied by a certificate of authenticity issued by Asia Art Centre, Taipei.
bronze
49 x 35 x 21 cm. (19 1/4 x 13 3/4 x 8 1/4 in.)
Executed in 2002, this work is number 13 from an edition of 30, and is accompanied by a certificate of authenticity issued by Asia Art Centre, Taipei.
Upper estimate price exceeded by 31 %.
In November last year Phillips in Hong Kong held the auction 20th Century & Contemporary Art & Design Day Sale in association with Yongle, which included the work The Buddha in the Cloud by Li Chen. The »bidding war« ended at HKD 655,200.00 (€ 81,304.97), 31% 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 31 % übertroffen
Im November letzten Jahres führte Phillips in Hong Kong die Auktion 20th Century & Contemporary Art & Design Day Sale in association with Yongle durch, in der auch die Arbeit The Buddha in the Cloud von Li Chen zur Versteigerung kam. Das »Bietergefecht« endete beim Preis von HKD 655.200,00 (€ 81.304,97) und damit 31% 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).
Li Chen - Auction history
Other artists in this auction
