Kang Hyung-Koo

Churchill

Found at Christies, Hong Kong
Asian Contemporary Art (Day Sale), Lot 592
25. May - 25. May 2014
Estimate: 650.000 - 950.000 HKD
Price realised: 2.080.000 HKD
KANG HYUNG-KOO (Korean, B. 1954)
Churchill
signed in Korean; dated '2014' (lower left)
oil on aluminium
150 x 300 cm. (59 x 118 1/8 in.)
Painted in 2014

Upper estimate price exceeded by more than 100%

This artwork by Kang Hyung-Koo achieved an unexpectedly high price at Christies in Hong Kong in May 2014. In the Asian Contemporary Art (Day Sale) auction, the work Churchill sold for HKD 2,080,000.00 (€ 196,715.54) - well above the upper estimate of HKD 950,000.00. However, buyers have had to dig much deeper into their pockets for other works by Kang Hyung-Koo - we have observed the highest auction result to date for the work Vincent Van Gogh in Blue, which sold at auction in November 2007 for HKD 4,567,500.00 (€ 399,283.09).

Oberer Schätzpreis um mehr als 100% übertroffen

Dieses Kunstwerk von Kang Hyung-Koo erzielte im Mai 2014 bei Christies in Hong Kong einen unerwartet hohen Preis. In der Auktion Asian Contemporary Art (Day Sale) wurde die Arbeit Churchill für HKD 2.080.000,00 (€ 196.715,54) versteigert – und damit weit über dem oberen Schätzpreis von HKD 950.000,00. Für andere Arbeiten von Kang Hyung-Koo mussten die Käufer allerdings auch schon deutlich tiefer in die Tasche greifen – das bisher höchste Auktionsergebnis haben wir für die Arbeit Vincent Van Gogh in Blue beobachtet, die im November 2007 für HKD 4.567.500,00 (€ 399.283,09) versteigert wurde.

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Auction: 25. May - 25. May 2014
Title: Deep in the Lucky Ocean
Price: 875.000 HKD
Found at Christies
53 auction results