Mike Lee
Oh No Daddy-O
Found at
Phillips,
Online Auction
Phillips x Artsy: Endless Summer, Lot 68
28. Aug - 10. Sep 2020
Phillips x Artsy: Endless Summer, Lot 68
28. Aug - 10. Sep 2020
Estimate: XX.XXX
Price realised: XX.XXX
Price realised: XX.XXX
Description
initialed and dated "ML 11/80" lower right
screenprint on smooth wove paper
20 3/4 × 23 7/8 in. (52.7 × 60.6 cm.)
Executed in 2019, this work is number 11 from an edition of 80.
Garey the Third, Los Angeles | Acquired from the above by the present owner
screenprint on smooth wove paper
20 3/4 × 23 7/8 in. (52.7 × 60.6 cm.)
Executed in 2019, this work is number 11 from an edition of 80.
Garey the Third, Los Angeles | Acquired from the above by the present owner
Auction result misses estimated price range
When the work Oh No Daddy-O by Mike Lee was auctioned at Phillips in an online auction in September 2020, the result was somewhat disappointing. The auction house had previously given the estimated price as a range of USD 500.00 – 700.00, of which not even the lower limit was reached - in fact, the artwork changed hands for USD 250.00 (€ 213.35). Of course, this price has nothing to do with the top prices that other works by Mike Lee achieve. The highest price we have observed so far was reached by the work Dear God in December 2021 with an auction result of HKD 525,000.00 (€ 59,467.22).
Auktionsergebnis verfehlt die Schätzpreisspanne
Als die Arbeit Oh No Daddy-O von Mike Lee im September 2020 bei Phillips in einer Online-Auktion versteigert wurde, fiel das Ergebnis ein wenig enttäuschend aus. Das Auktionshaus hatte den Schätzpreis zuvor mit einer Spanne von USD 500,00 – 700,00 angegeben, von der nicht einmal die Untergrenze erreicht wurde - tatsächlich wechselte das Kunstwerk für USD 250,00 (€ 213,35) den Besitzer. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Mike Lee erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit Dear God im Dezember 2021 mit einem Auktionsergebnis von HKD 525.000,00 (€ 59.467,22).
Mike Lee - Auction history
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