First of all, congratulations to the new owner of ‘The boy and the golden bird’ with a price that cannot be better- 120k EUR.
Lê Phổ (1907-2001). The boy and the golden bird. 1936. Lacquer. 69×55cm. Sold for 120k EUR.
Before the auction, some collectors even thought that they could bid to 250k. But after receiving some feedback because the condition is not very good, they are more cautious. There are also a few more comments that this painting is too decorative, the quality of Lê Phổ is not obvious, so on and so on…
In fact, this is true. But the main reason the painting has such a good price is because the money flow on art in Vietnam is very moderate right now. Meanwhile, the more liquid the art market is, the faster the turnover of paintings will be.
So, with the price of 120k for a precious and beautiful painting, typical of Lê Phổ’s 1930s style, both Asian and European, civilized, modern, not too ancient… If the painting is bought to display, it will be suitable for many architectural spaces; for a collection, it will also suit any collection that already has a lot of Lê Phổ paintings – this painting is like a beautiful musical note, beautifies more.
And finally the old saying: “Good time to buy good paintings at a good price” with stable liquidity.
That, at this time in Vietnam is difficult…
Written by Viet Art View
Copyrights belong to Viet Art View
