Park Jang-Nyun

UNTITLED(89-5)

Found at Christies, Hong Kong
Asian 20th Century Art (Day Sale), Lot 490
27. Nov - 27. Nov 2016
Estimate: 150.000 - 250.000 HKD
Price realised: 187.500 HKD
signed and dated 'S.N. Park-89' (lower middle); signed, dated and inscribed in Korean; signed, dated and inscribed ' (PARK, JANG-NYUN) (HEMP CLOTH 89-5) Soeul KOREA oil on Hamp cloth (1937~) (on the reverse)
oil on hemp
116. 2 x 90.7 cm. (45 ¾ x 35 ¾ in.)
Painted in 1989
Private Collection, Asia

Auction result well in line with expectations

The work UNTITLED(89-5) by Park Jang-Nyun was auctioned at Christies in Hong Kong in November 2016. The price achieved of HKD 187,500.00 (€ 22,848.13) was within expectations - the estimate range had previously been set by the auction house as HKD 150,000.00 – 250,000.00. However, buyers have had to dig much deeper into their pockets for other works by Park Jang-Nyun - we have observed the highest auction result to date for the work Engraving Thread-Like Body H-7.3, which sold at auction in November 2017 for HKD 625,000.00 (€ 67,290.72).

Auktionsergebnis im Rahmen der Erwartungen

Die Arbeit UNTITLED(89-5) von Park Jang-Nyun kam im November 2016 bei Christies in Hong Kong zur Auktion. Der dabei erzielte Preis von HKD 187.500,00 (€ 22.848,13) lag im Rahmen der Erwartungen – die Schätzpreisspanne war von dem Auktionshaus zuvor mit HKD 150.000,00 – 250.000,00 angegeben worden. Für andere Arbeiten von Park Jang-Nyun mussten die Käufer allerdings auch schon deutlich tiefer in die Tasche greifen – das bisher höchste Auktionsergebnis haben wir für die Arbeit Engraving Thread-Like Body H-7.3 beobachtet, die im November 2017 für HKD 625.000,00 (€ 67.290,72) versteigert wurde.

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