Egon 100 / Sarah Lee

Sarah Lee

Korean-American b. 1988 Egon Score: 62.9
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#64

Egon research · Artist market profile

The market, in context.

Explore Sarah Lee’s auction history alongside the exhibitions, collections and gallery relationships behind the market.

Market research

Auction history & pricing

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Gallery relationships

Representation & history

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Institutional research

Collections & exhibitions

Read holdings, exhibition history and their qualifications in context.

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Sarah Lee
Sarah Lee
Sarah Lee
Sarah Lee
Sarah Lee
Sarah Lee

Egon investment scores

Liquidity
3/10
How easily works can be bought and sold at auction
Institutional
3/10
Museum collections, biennials, and institutional recognition
Momentum
7/10
Recent price trends, gallery moves, and market buzz

Market position

Research updated

Auction highlights

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Research records
WorkResultVenue and date
Moonrise Over the SeaPrice not disclosed (sign up required)Phillips New York, March 12, 2024
Forest IPrice not disclosed (sign up required)Phillips, September 14, 2023
Forest IPrice not disclosedPhillips Hong Kong, September 14, 2023

1 further auction entries on record for Sarah Lee — inside Egon.

Pricing

Market phase
Emerging artist transitioning from primary-only to early secondary market presence

Estimate ranges

Note
Actual hammer prices not publicly disclosed for most recent auctions, indicating strong gallery control and collector discretion
Small works prints
$3,300-$5,800 USD (HK estimates for small paintings)

Temporal context

2022-2024: Early secondary market formation with 4 tracked auction appearances, primarily smaller works and prints. Primary market through Albertz Benda and Anat Ebgi.

Current market status
Gallery-controlled primary market with limited secondary market presence

Liquidity

Market depth
Very limited - early stage secondary market
Annual volume
Approximately 2-4 auction lots per year (2022-2024)
Collector base
Growing, primarily contemporary art collectors focused on emerging painters
Geographic distribution
Strong in New York and Los Angeles; emerging presence in Hong Kong and Asian markets

Comparables

Positioning
Positioned as emerging contemporary painter with institutional backing from Albertz Benda and Anat Ebgi
Peer artists
Contemporary landscape painters in similar career stage with gallery representation at mid-tier galleries
Differentiators
Nocturnal landscape focus, Korean-American perspective, pandemic-era work resonance

Collector base

Primary collectors
Contemporary art collectors, Asian-American art collectors, emerging art enthusiasts
Institutional interest
Smithsonian Institution (11 works confirmed), potential other institutional acquisitions through galleries

Primary market

Note
Price transparency limited as typical for emerging artists with strong gallery representation
Availability
Works available through primary galleries
Gallery pricing
Contact Albertz Benda or Anat Ebgi for current pricing

Auction history

Date range
2022-2024

Auction houses

  • Phillips
  • Artsy Auction
Total lots tracked
4

Institutional presence

Research updated

Museum collections

Note
Limited public information on other museum collections; likely in early stages of institutional acquisition

Curatorial interest

Lee's work represents an exciting alternative to identity-based figuration that has dominated painting practice in previous years and signals a shift towards a more mystical approach to artmaking.

Confirmed collections

  1. Smithsonian Institution

    Significance
    Major validation for emerging artist

Art fair participation

  • Art Basel Hong Kong (2025)
  • Frieze Seoul (2025)
  • The Aspen Art Fair (2025)
  • Art Taipei (2018, 2019)
  • EXPO Chicago (2017)

Career & Biography

Research updated

Career

Key milestones

  • BFA from School of the Art Institute of Chicago (2011)
  • Founded Nail in a Pocket, non-profit artist-run project space in Chicago (2017)
  • MFA from School of the Art Institute of Chicago (2017)
  • First gallery representation with mh PROJECT nyc (2021)
  • Representation by Albertz Benda, New York (2023)
  • Representation by Anat Ebgi, Los Angeles (2024-2025)
  • Work included in Artists Against Anti-Asian Violence Benefit Auction (2021)
  • Phillips auction presence (2022-2024)

Identity

Years active
2011-present (approximately 14 years)
Current location
Brooklyn, New York, USA

Personal background

Her earliest landscapes were painted during the pandemic, their serenity and mystery emerging from a socially shaped and collectively shared moment.

Artistic context

Thinks about the 'other world' where there are no others, no noise, just a solitary sensation of being. Believes night and winter are the 'other world' that magically pauses the rhythm of life.

Artistic Profile

Research updated

Evolution

Critical reception evolution
Growing recognition from 2021 onwards; transition from emerging artist to mid-career recognition; increasing institutional and critical attention

Influences

  • Finely painted, haunting landscapes hail from European rather than East Asian tradition. Reproduction of Millais's Ophelia hangs alongside French illustrations and photos of Northern Lights in studio
  • Legacy of Surreal artists including Giorgio di Chirico, Yves Tanguy, and Marion Elizabeth Adnams or transcendental artists including Agnes Pelton and Lawren Harris
  • Romantic landscape tradition
  • European painting tradition
  • Northern Lights and natural phenomena

Themes and subjects

Subjects

  • Oil paintings that foreground the interplay of elemental forces, where aerial, aquatic, sylvan, lacustrine, and lithic motifs converge into speculative landscapes
  • Forest clearings, celestial skies, and distant horizons, shaped by quiet reflection and poetic ambiguity
  • Unpopulated nocturnal forests
  • Mysterious light sources in darkness
  • Small creatures and details (luna moths, flowers)

Techniques and mediums

Innovations

  • Contemporary nocturnal landscape painting that bridges Surrealism and transcendental art
  • Pandemic-era work that captures collective experience of isolation
  • Places unexpected elements in each canvas (creatures, flowers) sometimes barely discernable. Small touches combined with multiple light sources lend uncanny glowing atmosphere

Critical Reception

Research updated

Critical reception

Catalogue raisonne
None

Publications and media

Instagram
Active presence
Artsy profile
Active with auction results and exhibition listings
Artist website
sulhwalee.com
Media coverage
Growing coverage in contemporary art publications

Major publications

  1. In Her New York Studio, Artist Sarah Lee Paints at Night to Find the Dark, Rich Shades for Her Alluring Scenes of Nature

    Date
    September 26, 2023
    Type
    Studio visit/profile
    Author
    Katie White
    Publication
    Artnet News
    Source index
    71-1,71-6,89-2
  2. Sarah Lee: At Moonlight

    Type
    Feature
    Issue
    Winter 2024
    Publication
    Juxtapoz Magazine
    Source index
    73-1,89-2
  3. Contemporary Artists are Tapping into the Age-Old Allure of Nocturnal Scenes

    Type
    Thematic article
    Year
    2023
    Publication
    Artsy
    Source index
    27-3,59-3,89-2
  4. Enigmatic Wonder and Magic Envelop Sarah Lee's Illuminated Landscapes

    Type
    Feature
    Year
    2023
    Publication
    Colossal
    Source index
    27-3,59-3,89-2
  5. Type
    Curated selection
    Year
    2022
    Issue
    Issue 158
    Curator
    Bill Power
    Publication
    New American Painting
    Source index
    27-3,59-3,89-2
  6. INTERVIEW, 코리안 르네상스 시대의 개막 2

    Type
    Interview
    Issue
    September 2023
    Language
    Korean
    Publication
    리빙센스 (Living Sense)
    Source index
    27-3,59-3,89-2
Documentary coverage
Featured in studio visit articles and gallery press materials

Sources & research notes

Egon’s artist research combines historical auction records, recent sales, institutional history, critical reception and gallery information. Researched auction records and auction highlights are identified separately.

Read prices with their work, sale date, currency and stated basis. Egon’s market assessments are distinct from reported auction results.

Reference: Egon, “Sarah Lee: Market Intelligence & Investment Profile.”

Research updates by section

These dates show when Egon’s research sections were updated. Source retrieval dates, where supplied above, refer to individual evidence notes.

Ranking updated . Research sections follow their own update dates.

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Geographic distribution, institutional vs. private buyers, collector profiles, and secondary market activity

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