Park Seobo

Ecriture No. 90-85

Found at Sothebys, Hong Kong
Contemporary Art Evening Sale, Lot 1153
6. Oct - 6. Oct 2019
Estimate: 3.500.000 - 5.500.000 HKD
Price realised: 4.000.000 HKD
Park Seobo
B. 1931
ECRITURE NO. 90-85
signed, titled and dated 1985 in both Hanja and English on the reverse
pencil and oil on cotton
162 by 130 cm.   63¾ by 51⅛ in.
NEW YORK Gallery LLC, New York | Acquired from the above by the present owner

Auction result well in line with expectations

In October 2019 Sothebys in Hong Kong held the auction Contemporary Art Evening Sale, which included the work Ecriture No. 90-85 by Park Seo-Bo. The estimated price for the artwork was previously given by the auction house with a range of HKD 3,500,000.00 – 5,500,000.00, the actual price achieved of HKD 4,000,000.00 (€ 457,194.08) could thus just exceed the lower estimate. However, buyers have had to dig much deeper into their pockets for other works by Park Seo-Bo - we have observed the highest auction result to date for the work ECRITURES NO. 10-79-83, which sold at auction in May 2017 for HKD 10,260,000.00 (€ 1,171,553.93).

Auktionsergebnis im Rahmen der Erwartungen

Im Oktober 2019 führte Sothebys in Hong Kong die Auktion Contemporary Art Evening Sale durch, in der auch die Arbeit Ecriture No. 90-85 von Park Seo-Bo zur Versteigerung kam. Der Schätzpreis für das Kunstwerk wurde von dem Auktionshaus zuvor mit einer Spanne von HKD 3.500.000,00 – 5.500.000,00 angegeben, der tatsächlich erzielte Preis von HKD 4.000.000,00 (€ 457.194,08) konnte den unteren Schätzpreis somit knapp übertreffen. Für andere Arbeiten von Park Seo-Bo mussten die Käufer allerdings auch schon deutlich tiefer in die Tasche greifen – das bisher höchste Auktionsergebnis haben wir für die Arbeit ECRITURES NO. 10-79-83 beobachtet, die im Mai 2017 für HKD 10.260.000,00 (€ 1.171.553,93) versteigert wurde.

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