Sotheby’s (BID) said it set a new Southeast Asian record with the HK$34.3 million ($4.4 million) sale today of a painting by Indonesian Lee Man Fong.
The work by the Indonesian artist was painted while he was in Amsterdam in 1951. Entitled “Fortune and Longevity,” it depicts a traditional Chinese village scene.
The oil on wood panel measures 86 centimeters by 260 centimeters (34 by 102.5 inches) and was purchased by a telephone buyer after nearly 10 minutes of bidding.
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