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U San Win - Shwedagon Pagoda

U San Win

Shwedagon Pagoda

Found at Sothebys, Hong Kong
Modern and Contemporary Southeast Asian Art, Lot 251
1. Apr - 1. Apr 2019
Estimate: XX.XXX
Price realised: XX.XXX
U San Win
1905-1981
SHWEDAGON PAGODA
Signed 
Oil on canvas
32.5 by 48 cm; 12 3/4  by 18 3/4  in. 

Auction result well in line with expectations

The work Shwedagon Pagoda by U San Win was sold in the Modern and Contemporary Southeast Asian Art auction at Sothebys in Hong Kong in April 2019. The estimated price for the artwork was previously given by the auction house with a range of HKD 120,000.00 – 180,000.00, the actual price achieved of HKD 125,000.00 (€ 14,228.64) could thus just exceed the lower estimate. However, buyers have had to dig much deeper into their pockets for other works by U San Win - we have observed the highest auction result to date for the work Pagoda Festival, which sold at auction in October 2018 for HKD 375,000.00 (€ 42,225.56).

Auktionsergebnis im Rahmen der Erwartungen

Die Arbeit Shwedagon Pagoda von U San Win wurde im April 2019 in der Auktion Modern and Contemporary Southeast Asian Art bei Sothebys in Hong Kong versteigert. Der Schätzpreis für das Kunstwerk wurde von dem Auktionshaus zuvor mit einer Spanne von HKD 120.000,00 – 180.000,00 angegeben, der tatsächlich erzielte Preis von HKD 125.000,00 (€ 14.228,64) konnte den unteren Schätzpreis somit knapp übertreffen. Für andere Arbeiten von U San Win mussten die Käufer allerdings auch schon deutlich tiefer in die Tasche greifen – das bisher höchste Auktionsergebnis haben wir für die Arbeit Pagoda Festival beobachtet, die im Oktober 2018 für HKD 375.000,00 (€ 42.225,56) versteigert wurde.

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