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Indonesia's Most Expensive Painter

Tuesday, December 10, 2013

Lee Man Fong paintings now command higher prices at auctions than those of any other Indonesian artist. Some have fetched up to tens of billions of rupiah.

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On a Saturday in early April at Sotheby's Hong Kong auction house, two people stood next to the auctioneer near the podium, holding a wide painting six feet in length. It was part of the Bali Life series by Indonesia's Lee Man Fong.

As the gavel was sounded, the painting sold for HK$21.4 million, equivalent to US$2.7 million, or Rp30.7 billion. That was five times its pre-sale estimate of HK$4.5 million. The work made a large contribution to the a

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