Kang Hyung-Koo

Another Expression

Found at Sothebys, Hong Kong
Contemporary Asian Art, Lot 994
4. Apr - 4. Apr 2011
Estimate: 500.000 - 700.000 HKD
Price realised: 437.500 HKD
Kang Hyung-Koo
B. 1952
ANOTHER EXPRESSION
Executed in 2002
oil on canvas
258.5 by 193.5 cm.; 101 3/4 by 76 1/8 in.

Auction result misses estimated price range

This work of art by Kang Hyung-Koo could be acquired at Sothebys in Hong Kong in April 2011 for an unexpectedly low price. In the Contemporary Asian Art auction, the work Another Expression changed hands for HKD 437,500.00 (€ 38,020.38) - missing the lower end of the estimate range of HKD 500,000.00 – 700,000.00. Of course, this price has nothing to do with the top prices that other works by Kang Hyung-Koo achieve. The highest price we have observed so far was reached by the work Vincent Van Gogh in Blue in November 2007 with an auction result of HKD 4,567,500.00 (€ 399,283.09).

Auktionsergebnis verfehlt die Schätzpreisspanne

Dieses Kunstwerk von Kang Hyung-Koo konnte im April 2011 bei Sothebys in Hong Kong für einen unerwartet niedrigen Preis ersteigert werden. In der Auktion Contemporary Asian Art wechselte die Arbeit Another Expression für HKD 437.500,00 (€ 38.020,38) den Besitzer – und verfehlte damit das untere Ende der Schätzpreisspanne von HKD 500.000,00 – 700.000,00. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Kang Hyung-Koo erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit Vincent Van Gogh in Blue im November 2007 mit einem Auktionsergebnis von HKD 4.567.500,00 (€ 399.283,09).

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