Amoako Boafo

Justine Mendy

Found at Christies, Hong Kong
20th and 21st Century Art Evening Sale, Lot 41
24. May - 24. May 2021
Estimate: 800.000 - 1.500.000 HKD
Price realised: 8.770.000 HKD
Amoako Boafo (B. 1984)
signed, dated and inscribed ‘AMOAKO M BOAFO 2018 KING’ (lower middle)
oil on canvas
160 x 133 cm. (63 x 52 3/8 in.)
Painted in 2018.
Acquired directly from the artist by the present owner

Artwork auctioned at five times the upper estimate price

When the work Justine Mendy by Amoako Boafo was auctioned at Christies in Hong Kong in May 2021, the result exceeded expectations many times over. The upper estimate was set at a - in retrospect quite modest - HKD 1,500,000.00 but the actual price achieved was more than five times as high at HKD 8,770,000.00 (€ 927,056.75). However, buyers have had to dig much deeper into their pockets for other works by Amoako Boafo - we have observed the highest auction result to date for the work Hands Up, which sold at auction in December 2021 for HKD 26,650,000.00 (€ 3,018,669.38).

Kunstwerk zum Fünffachen des oberen Schätzpreises versteigert

Als die Arbeit Justine Mendy von Amoako Boafo im Mai 2021 bei Christies in Hong Kong versteigert wurde, übertraf das Ergebnis die Erwartungen um ein Vielfaches. Der obere Schätzpreis war mit – rückwirkend betrachtet recht bescheidenen – HKD 1.500.000,00 angesetzt, der tatsächlich erzielte Preis hingegen war mit HKD 8.770.000,00 (€ 927.056,75) mehr als fünfmal so hoch. Für andere Arbeiten von Amoako Boafo mussten die Käufer allerdings auch schon deutlich tiefer in die Tasche greifen – das bisher höchste Auktionsergebnis haben wir für die Arbeit Hands Up beobachtet, die im Dezember 2021 für HKD 26.650.000,00 (€ 3.018.669,38) versteigert wurde.

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