Amoako Boafo

Untitled

Found at Christies, Hong Kong
21st Century Art Day Sale, Lot 116
27. May - 27. May 2022
Estimate: 300.000 - 500.000 HKD
Price realised: 2.142.000 HKD
AMOAKO BOAFO (B. 1984)
Untitled
signed and dated ‘AMOAKO M BOAFO 2019 KING’ (lower right)
oil on paper
89 x 70 cm. (35 x 27 1⁄2 in.)
Painted in 2019

Artwork auctioned at four times the upper estimate price

When this work without title by Amoako Boafo was auctioned at Christies in Hong Kong in May this year, the result exceeded expectations many times over. The upper estimate was set at a - in retrospect quite modest - HKD 500,000 but the actual price achieved was more than three times as high at HKD 2,142,000 (€ 254,301). Of course, this price has nothing to do with the top prices that other works by Amoako Boafo achieve. The highest price we have observed so far was reached by the work Hands Up in December last year with an auction result of HKD 26,650,000 (€ 3,018,669).

Kunstwerk zum Vierfachen des oberen Schätzpreises versteigert

Als diese Arbeit ohne Titel von Amoako Boafo im Mai diesen Jahres 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 500.000 angesetzt, der tatsächlich erzielte Preis hingegen war mit HKD 2.142.000 (€ 254.301) mehr als viermal so hoch. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Amoako Boafo erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit Hands Up im Dezember letzten Jahres mit einem Auktionsergebnis von HKD 26.650.000 (€ 3.018.669).

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