Chung Sanghwa

Untitled 84-7-7

Found at Sothebys, Hong Kong
Contemporary Art Day Sale, Lot 565
10. Jul - 10. Jul 2020
Estimate: 300.000 - 400.000 HKD
Price realised: 475.000 HKD
CHUNG SANGHWA
b. 1932
UNTITLED 84-7-7
acrylic on canvas
signed, titled and dated 1984 on the reverse
81 by 65 cm. 31 ⅞ by 25 ⅝ in.
----------------------------------------------
鄭相和
b. 1932 無題84-7-7
Private Collection, Japan | Sotheby's, Hong Kong, 1 October 2018, Lot 551 | Acquired from the above sale by the present owner | ---------------------------------------------- | 日本,私人收藏 | 香港,蘇富比,2018年10月1日,拍品編號551 | 現藏者購自上述拍賣

Upper estimated price slightly exceeded

The work Untitled 84-7-7 by Chung Sang-Hwa was auctioned at Sothebys in Hong Kong in July 2020. It achieved a price of HKD 475,000.00 (€ 52,042.64), exceeding the upper end of the estimate range by 19%. Of course, this price has nothing to do with the top prices that other works by Chung Sang-Hwa achieve. The highest price we have observed so far was reached by the work Untitled 97-3-26 in October 2016 with an auction result of HKD 6,440,000.00 (€ 757,854.41).

Oberer Schätzpreis leicht übertroffen

Die Arbeit Untitled 84-7-7 von Chung Sang-Hwa kam im Juli 2020 bei Sothebys in Hong Kong zur Auktion. Sie erzielte dabei einen Preis von HKD 475.000,00 (€ 52.042,64) und übertraf damit das obere Ende der Schätzpreisspanne um 19%. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Chung Sang-Hwa erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit Untitled 97-3-26 im Oktober 2016 mit einem Auktionsergebnis von HKD 6.440.000,00 (€ 757.854,41).

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