Min Wae Aung

Inlay Lake

Found at Sothebys, Hong Kong
Modern and Contemporary Southeast Asian Art – Day Sale, Lot 263
1. Oct - 1. Oct 2017
Estimate: 40.000 - 60.000 HKD
Price realised: 43.750 HKD
Min Wae Aung
B. 1960
INLAY LAKE
Signed and dated 96
Acrylic on canvas
91.5 by 61.5 cm; 30 by 24 1/4  in.

Auction result well in line with expectations

The work Inlay Lake by Min Wae Aung was sold in the Modern and Contemporary Southeast Asian Art – Day Sale auction at Sothebys in Hong Kong in October 2017. The estimated price for the artwork was previously given by the auction house with a range of HKD 40,000.00 – 60,000.00, the actual price achieved of HKD 43,750.00 (€ 4,815.20) could thus just exceed the lower estimate. However, buyers have had to dig much deeper into their pockets for other works by Min Wae Aung - we have observed the highest auction result to date for the work Dusty Journey, which sold at auction in May 2018 for HKD 93,750.00 (€ 10,242.61).

Auktionsergebnis im Rahmen der Erwartungen

Die Arbeit Inlay Lake von Min Wae Aung wurde im Oktober 2017 in der Auktion Modern and Contemporary Southeast Asian Art – Day Sale bei Sothebys in Hong Kong versteigert. Der Schätzpreis für das Kunstwerk wurde von dem Auktionshaus zuvor mit einer Spanne von HKD 40.000,00 – 60.000,00 angegeben, der tatsächlich erzielte Preis von HKD 43.750,00 (€ 4.815,20) konnte den unteren Schätzpreis somit knapp übertreffen. Für andere Arbeiten von Min Wae Aung mussten die Käufer allerdings auch schon deutlich tiefer in die Tasche greifen – das bisher höchste Auktionsergebnis haben wir für die Arbeit Dusty Journey beobachtet, die im Mai 2018 für HKD 93.750,00 (€ 10.242,61) versteigert wurde.

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