Liu Dan Work Sells for $116,100 But Delivers a 15% Negative Return
3 min read · 30 Sep 2025
Tai Hu Stone. Image courtesy of Phillips
Liu Dan, Tai Hu Stone (2003) sold for $116,100 (HKD903,000), more than three times the low estimate at Phillips in Hong Kong on September 28.
The sale was below the previous auction result by $20,500, realizing a 15% negative return. It last sold at auction in 2017 for $136,600 at Poly International Auction.
Ink on paper, 40.0 x 35.5cm. The work has been traded twice in the past.
Sale Date | Price | Price Increase | Venue | City |
|---|---|---|---|---|
September 28, 2025 | $116,100 | -15 % | Phillips | Hong Kong |
April 03, 2017 | $136,600 | - | Poly International Auction | Hong Kong |
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