Cho Yong-Ik
Work 75-116
Estimate: 20.000 - 30.000 USD
Price realised: 25.000 USD
Price realised: 25.000 USD
Description
titled and signed in Korean (on the stretcher)
oil on canvas
130.5 x 97 cm. (51 3/8 x 38 1/4 in.)
Painted in 1975
oil on canvas
130.5 x 97 cm. (51 3/8 x 38 1/4 in.)
Painted in 1975
Auction result well in line with expectations
The work Work 75-116 by Cho Yong-Ik was auctioned at Christies in New York in September 2020. The price achieved of USD 25,000.00 (€ 21,334.70) was within expectations - the estimate range had previously been set by the auction house as USD 20,000.00 – 30,000.00. However, buyers have had to dig much deeper into their pockets for other works by Cho Yong-Ik - we have observed the highest auction result to date for the work Work 78-514, which sold at auction in May 2016 for HKD 687,500.00 (€ 79,462.28).
Auktionsergebnis im Rahmen der Erwartungen
Die Arbeit Work 75-116 von Cho Yong-Ik kam im September 2020 bei Christies in New York zur Auktion. Der dabei erzielte Preis von USD 25.000,00 (€ 21.334,70) lag im Rahmen der Erwartungen – die Schätzpreisspanne war von dem Auktionshaus zuvor mit USD 20.000,00 – 30.000,00 angegeben worden. Für andere Arbeiten von Cho Yong-Ik mussten die Käufer allerdings auch schon deutlich tiefer in die Tasche greifen – das bisher höchste Auktionsergebnis haben wir für die Arbeit Work 78-514 beobachtet, die im Mai 2016 für HKD 687.500,00 (€ 79.462,28) versteigert wurde.
Cho Yong-Ik - Auction history
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