- Art.Salon
- Artists
- Masami Teraoka
- LA BREA TAR PITS DISASTER
Masami Teraoka
LA BREA TAR PITS DISASTER
Estimate: 800.000 - 1.000.000 HKD
Price realised: 875.000 HKD
Price realised: 875.000 HKD
Description
watercolor on paper
55.9 x 194.3 cm. (22 x 76 1/2 in.)
Painted in 1977
Acquired directly from the artist by the present owner | Private Collection, USA
55.9 x 194.3 cm. (22 x 76 1/2 in.)
Painted in 1977
Acquired directly from the artist by the present owner | Private Collection, USA
Auction result well in line with expectations
The work LA BREA TAR PITS DISASTER by Masami Teraoka was sold in the Asian 20th Century Art (Day Sale) auction at Christies in Hong Kong in May 2017. The price achieved of HKD 875,000.00 (€ 99,913.23) was within expectations - the estimate range had previously been set by the auction house as HKD 800,000.00 – 1,000,000.00. Admittedly, works by Masami Teraoka have also been auctioned for a multiple of this price - according to our records, the highest result so far was achieved by the work The Cloisters Venus and Pope's Workout in November 2009 with an auction result of HKD 4,820,000.00 (€ 414,685.87).
Auktionsergebnis im Rahmen der Erwartungen
Die Arbeit LA BREA TAR PITS DISASTER von Masami Teraoka wurde im Mai 2017 in der Auktion Asian 20th Century Art (Day Sale) bei Christies in Hong Kong versteigert. Der dabei erzielte Preis von HKD 875.000,00 (€ 99.913,23) lag im Rahmen der Erwartungen – die Schätzpreisspanne war von dem Auktionshaus zuvor mit HKD 800.000,00 – 1.000.000,00 angegeben worden. Freilich wurden Arbeiten von Masami Teraoka auch schon für ein Vielfaches dieses Preises versteigert – das bisher höchste Ergebnis erzielte nach unseren Aufzeichnungen die Arbeit The Cloisters Venus and Pope's Workout im November 2009 mit einem Auktionsergebnis von HKD 4.820.000,00 (€ 414.685,87).