Nyoman Masriadi

Bendera Kaos Oblong (Flag T-Shirt)

Found at Sothebys, Hong Kong (Online Auction)
Modern and Contemporary Southeast Asian Art Online, Lot 2
4. Dec - 4. Dec 2019
Estimate: 1.000.000 - 1.500.000 HKD
Price realised: 1.062.500 HKD
NYOMAN MASRIADI
b. 1973
BENDERA KAOS OBLONG (FLAG T-SHIRT)
Acrylic on canvas
Signed and dated 7 OKT 2014; signed, titled and dated 2014 on the reverse
Canvas: 275 by 175 cm; 108¼ by 68¾ in.
Framed: 280 by 179 cm; 110¼ by 70½ in.
Sotheby's Hong Kong, 3 April 2017, Lot 245

Auction result well in line with expectations

The work Bendera Kaos Oblong (Flag T-Shirt) by Nyoman Masriadi was auctioned at Sothebys in Hong Kong in December 2019. The estimated price for the artwork was previously given by the auction house with a range of HKD 1,000,000.00 – 1,500,000.00, the actual price achieved of HKD 1,062,500.00 (€ 121,515.10) could thus just exceed the lower estimate. Admittedly, works by Nyoman Masriadi have also been auctioned for a multiple of this price - according to our records, the highest result so far was achieved by the work The Man From Bantul (The Final Round) in October 2008 with an auction result of HKD 7,820,000.00 (€ 795,442.36).

Auktionsergebnis im Rahmen der Erwartungen

Die Arbeit Bendera Kaos Oblong (Flag T-Shirt) von Nyoman Masriadi kam im Dezember 2019 bei Sothebys in Hong Kong zur Auktion. Der Schätzpreis für das Kunstwerk wurde von dem Auktionshaus zuvor mit einer Spanne von HKD 1.000.000,00 – 1.500.000,00 angegeben, der tatsächlich erzielte Preis von HKD 1.062.500,00 (€ 121.515,10) konnte den unteren Schätzpreis somit knapp übertreffen. Freilich wurden Arbeiten von Nyoman Masriadi auch schon für ein Vielfaches dieses Preises versteigert – das bisher höchste Ergebnis erzielte nach unseren Aufzeichnungen die Arbeit The Man From Bantul (The Final Round) im Oktober 2008 mit einem Auktionsergebnis von HKD 7.820.000,00 (€ 795.442,36).

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