Painting by Vietnamese artist sold for over 2 million USD, leading auction in Hong Kong (China)

The painting "Le Trois Femmes" by artist Nguyen Gia Tri was sold for 16 million HKD, far exceeding expectations because it is rare, has a clear origin, high level of completion and good preservation quality.

Paintings by artist Nguyen Gia Tri on Christie's website. (Screenshot)

Famous painter Nguyen Gia Tri's painting just went for about 2.07 million USD at the auction " A Quest for Eternity: The Philippe Damas Collection" by Christie's Hong Kong (China) auction house, held on March 29.

Specifically, the painting "Le Trois Femmes" (1934), roughly translated as Three Women, was successfully auctioned at 16,105,000 HKD, far exceeding the expected price of 4 - 6 million HKD, leading the auction. HENI News said the painting had been traded twice in the past.

This price puts Nguyen Gia Tri in 4th place out of 10 most expensive Vietnamese paintings, after "Portrait of Miss Phuong" 3.1 million USD by Mai Trung Thu (2021), "Family in the Garden" 2.37 million USD (2023) and "Shape in the Garden" 2.29 million USD (2022), both by Le Pho.

Journalist and observer Ly Doi commented that this is Nguyen Gia Tri's highest public sale price. In fact, there have been underground transactions with fakes of this painting, the price of the hand-to-hand transaction could be higher.

“Le Trois Femmes” is an oil painting, a rare material for Nguyen Gia Tri, who is famous for his lacquer painting genre. According to Mr. Ly Doi, this may be the result of his early studies of oil painting at the Indochina Fine Arts School, influenced by the color palette and form of his French teacher - painter Joseph Inguimberty. In addition, the painting has a high level of completion, is well preserved, and has a clear origin, which makes it even more valuable.

“A Quest for Eternity: The Philippe Damas Collection” is an auction of the collection of Philippe Damas, a businessman in the financial industry who spent many years working in Asia, collecting many outstanding works of art there, including many big names in Vietnam.

According to HENI News statistics, 40 works were successfully "hammered" in the auction on March 29. The total value is about 60.5 million HKD, equivalent to 7.78 million USD.

As for works from Vietnam, in addition to Nguyen Gia Tri, there are also paintings by Nguyen Sang (Family), To Ngoc Van (Deux femmes), Tran Phuc Duyen (La prière - The Praying Man), Luu Van Sin (Bonzesse - Buddhist Nun), Vu Cao Dam, Le Pho...

Source: https://baoquocte.vn/tranh-cua-hoa-si-viet-duoc-ban-voi-gia-hon-2-trieu-usd-dan-dau-phien-dau-gia-o-hong-kong-trung-quoc-309382.html