U Ngwe Gaing
Beach Scene
Found at
Sothebys,
Hong Kong
Modern and Contemporary Southeast Asian Art, Lot 260
1. Oct - 1. Oct 2018
Modern and Contemporary Southeast Asian Art, Lot 260
1. Oct - 1. Oct 2018
Estimate: 400.000 - 600.000 HKD
Price realised: 500.000 HKD
Price realised: 500.000 HKD
Description
U Ngwe Gaing
1901-1967
BEACH SCENE
Signed
Oil on board
61 by 91.5 cm; 24 by 35 3/4 in.
Executed circa 1960s
Acquired directly from the artist | Collection of the artist Min Wae Aung | Private Collection, Myanmar
1901-1967
BEACH SCENE
Signed
Oil on board
61 by 91.5 cm; 24 by 35 3/4 in.
Executed circa 1960s
Acquired directly from the artist | Collection of the artist Min Wae Aung | Private Collection, Myanmar
Auction result well in line with expectations
The work Beach Scene by U Ngwe Gaing was auctioned at Sothebys in Hong Kong in October 2018. The price achieved of HKD 500,000.00 (€ 56,300.74) was within expectations - the estimate range had previously been set by the auction house as HKD 400,000.00 – 600,000.00. Other works by U Ngwe Gaing have already achieved higher auction prices, for example, in October 2017 the work Elephants And Trucks With Logs was auctioned for HKD 600,000.00 (€ 66,037.09).
Auktionsergebnis im Rahmen der Erwartungen
Die Arbeit Beach Scene von U Ngwe Gaing kam im Oktober 2018 bei Sothebys in Hong Kong zur Auktion. Der dabei erzielte Preis von HKD 500.000,00 (€ 56.300,74) lag im Rahmen der Erwartungen – die Schätzpreisspanne war von dem Auktionshaus zuvor mit HKD 400.000,00 – 600.000,00 angegeben worden. Andere Arbeiten von U Ngwe Gaing konnten bereits höhere Auktionspreise erzielen, so wurde im Oktober 2017 die Arbeit Elephants And Trucks With Logs für HKD 600.000,00 (€ 66.037,09) versteigert.
U Ngwe Gaing - Auction history
Other artists in this auction
