Rusli
Festival
Found at
Sothebys,
Hong Kong
Modern and Contemporary Southeast Asian Art, Lot 395
1. Apr - 1. Apr 2019
Modern and Contemporary Southeast Asian Art, Lot 395
1. Apr - 1. Apr 2019
Estimate: 50.000 - 70.000 HKD
Price realised: 62.500 HKD
Price realised: 62.500 HKD
Description
Rusli
1916-2005
FESTIVAL
Signed and dated 21 aug 76
Oil on canvas
60 by 75 cm; 23 1/2 by 29 1/2 in.
Gifted from the artist to the late Mr. Ali Sadikin | Private Collection, Indonesia | Sotheby's Hong Kong, 4 April 2016, Lot 388
1916-2005
FESTIVAL
Signed and dated 21 aug 76
Oil on canvas
60 by 75 cm; 23 1/2 by 29 1/2 in.
Gifted from the artist to the late Mr. Ali Sadikin | Private Collection, Indonesia | Sotheby's Hong Kong, 4 April 2016, Lot 388
Auction result well in line with expectations
In April 2019 Sothebys in Hong Kong held the auction Modern and Contemporary Southeast Asian Art, which included the work Festival by Rusli. The price achieved of HKD 62,500.00 (€ 7,114.32) was within expectations - the estimate range had previously been set by the auction house as HKD 50,000.00 – 70,000.00. Admittedly, works by Rusli have also been auctioned for a multiple of this price - according to our records, the highest result so far was achieved by the work Festival In Bali in April 2013 with an auction result of HKD 375,000.00 (€ 36,708.31).
Auktionsergebnis im Rahmen der Erwartungen
Im April 2019 führte Sothebys in Hong Kong die Auktion Modern and Contemporary Southeast Asian Art durch, in der auch die Arbeit Festival von Rusli zur Versteigerung kam. Der dabei erzielte Preis von HKD 62.500,00 (€ 7.114,32) lag im Rahmen der Erwartungen – die Schätzpreisspanne war von dem Auktionshaus zuvor mit HKD 50.000,00 – 70.000,00 angegeben worden. Freilich wurden Arbeiten von Rusli auch schon für ein Vielfaches dieses Preises versteigert – das bisher höchste Ergebnis erzielte nach unseren Aufzeichnungen die Arbeit Festival In Bali im April 2013 mit einem Auktionsergebnis von HKD 375.000,00 (€ 36.708,31).
Rusli - Auction history
Other artists in this auction
