U Ba Kyi

Thingyan Festival

Found at Christies, Hong Kong
20th Century & Contemporary Art (Morning Session), Lot 145
26.Mai - 26.Mai.2019
Estimate: 80.000 - 100.000 HKD
Price realised: 81.250 HKD
signed and dated 'Ba Kyi 62' (lower right)
oil on canvas
47 x 84 cm. (18 1/2 x 33 1/8 in.)
Painted in 1962

Auction result well in line with expectations

The work Thingyan Festival by U Ba Kyi was sold in the 20th Century & Contemporary Art (Morning Session) auction at Christies in Hong Kong in May 2019. The estimated price for the artwork was previously given by the auction house with a range of HKD 80,000.00 – 100,000.00, the actual price achieved of HKD 81,250.00 (€ 9,299.04) could thus just exceed the lower estimate. However, buyers have had to dig much deeper into their pockets for other works by U Ba Kyi - we have observed the highest auction result to date for the work Forward, which sold at auction in April 2018 for HKD 237,500.00 (€ 25,060.05).

Auktionsergebnis im Rahmen der Erwartungen

Die Arbeit Thingyan Festival von U Ba Kyi wurde im Mai 2019 in der Auktion 20th Century & Contemporary Art (Morning Session) bei Christies in Hong Kong versteigert. Der Schätzpreis für das Kunstwerk wurde von dem Auktionshaus zuvor mit einer Spanne von HKD 80.000,00 – 100.000,00 angegeben, der tatsächlich erzielte Preis von HKD 81.250,00 (€ 9.299,04) konnte den unteren Schätzpreis somit knapp übertreffen. Für andere Arbeiten von U Ba Kyi mussten die Käufer allerdings auch schon deutlich tiefer in die Tasche greifen – das bisher höchste Auktionsergebnis haben wir für die Arbeit Forward beobachtet, die im April 2018 für HKD 237.500,00 (€ 25.060,05) versteigert wurde.

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