U Ngwe Gaing
Maung Magan Beach
Found at
Christies,
Hong Kong
Asian 20th Century Art (Day Sale) Including a Selection of Japanese Woodblock Prints from Private Collections, Lot 367
25.Nov - 25.Nov.2018
Asian 20th Century Art (Day Sale) Including a Selection of Japanese Woodblock Prints from Private Collections, Lot 367
25.Nov - 25.Nov.2018
Estimate: 240.000 - 320.000 HKD
Price realised: 300.000 HKD
Price realised: 300.000 HKD
Description
signed 'Ngwe Gaing' and dated '67' (lower left)
oil on board
44 x 61 cm. (17 3/4 x 24 in.)
Painted in 1967
oil on board
44 x 61 cm. (17 3/4 x 24 in.)
Painted in 1967
Auction result well in line with expectations
The work Maung Magan Beach by U Ngwe Gaing was sold in the Asian 20th Century Art (Day Sale) Including a Selection of Japanese Woodblock Prints from Private Collections auction at Christies in Hong Kong in November 2018. It changed hands for a price of HKD 300,000.00 (€ 33,860.28) achieving a result in the upper range of the estimate price range of HKD 240,000.00 – 320,000.00. 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 Maung Magan Beach von U Ngwe Gaing wurde im November 2018 in der Auktion Asian 20th Century Art (Day Sale) Including a Selection of Japanese Woodblock Prints from Private Collections bei Christies in Hong Kong versteigert. Dabei wechselte sie für einen Preis von HKD 300.000,00 (€ 33.860,28) den Besitzer und erzielte damit ein Ergebnis im oberen Bereich der Schätzpreisspanne von HKD 240.000,00 – 320.000,00. 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
