Louie Cordero

Tsunami's Gift (Sweet Surrender)

Found at Christies, Hong Kong
Asian Contemporary Art (Day Sale), Lot 113
29. May - 29. May 2016
Estimate: 70.000 - 90.000 HKD
Price realised: 106.250 HKD
signed and dated 'Louie Cordero 2013' (lower right)
oil on canvas in artist’s painted frame
110 x 110 cm. (43 1/4 x 43 1/4 in.)
Painted in 2013

Upper estimated price slightly exceeded

The work Tsunami's Gift (Sweet Surrender) by Louie Cordero was auctioned at Christies in Hong Kong in May 2016. It achieved a price of HKD 106,250.00 (€ 12,280.53), exceeding the upper end of the estimate range by 18%. However, buyers have had to dig much deeper into their pockets for other works by Louie Cordero - we have observed the highest auction result to date for the work The Lead Brothers, which sold at auction in May 2013 for HKD 300,000.00 (€ 29,750.54).

Oberer Schätzpreis leicht übertroffen

Die Arbeit Tsunami's Gift (Sweet Surrender) von Louie Cordero kam im Mai 2016 bei Christies in Hong Kong zur Auktion. Sie erzielte dabei einen Preis von HKD 106.250,00 (€ 12.280,53) und übertraf damit das obere Ende der Schätzpreisspanne um 18%. Für andere Arbeiten von Louie Cordero mussten die Käufer allerdings auch schon deutlich tiefer in die Tasche greifen – das bisher höchste Auktionsergebnis haben wir für die Arbeit The Lead Brothers beobachtet, die im Mai 2013 für HKD 300.000,00 (€ 29.750,54) versteigert wurde.

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