Choi So-Young

Green City

Found at Christies, Hong Kong
Modern and Contemporary Art Day Sale, Lot 287
11.Jul - 11.Jul.2020
Estimate: 300.000 - 500.000 HKD
Price realised: 812.500 HKD
signed in Korean and dated ‘2020’ (sewn lower right); signed, titled and inscribed in Korean, dated and inscribed ‘2020 131 x 162 cm’ (on the reverse)
denim and mixed media on canvas
162 (H) x 131 x 6.3 cm. (63 3/4 (H) x 51 5/8 x 2 1/2 in.)
Executed in 2020
Private Collection, Asia

Upper estimate price exceeded by 63 %.

In July 2020 Christies in Hong Kong held the auction Modern and Contemporary Art Day Sale, which included the work Green City by Choi So-Young. The »bidding war« ended at HKD 812,500.00 (€ 89,020.30), 63% above the upper estimate. However, buyers have had to dig much deeper into their pockets for other works by Choi So-Young - we have observed the highest auction result to date for the work Snow Covered Landscape, which sold at auction in May 2016 for HKD 1,960,000.00 (€ 226,539.74).

Oberer Schätzpreis um 63 % übertroffen

Im Juli 2020 führte Christies in Hong Kong die Auktion Modern and Contemporary Art Day Sale durch, in der auch die Arbeit Green City von Choi So-Young zur Versteigerung kam. Das »Bietergefecht« endete beim Preis von HKD 812.500,00 (€ 89.020,30) und damit 63% über dem oberen Schätzpreis. Für andere Arbeiten von Choi So-Young mussten die Käufer allerdings auch schon deutlich tiefer in die Tasche greifen – das bisher höchste Auktionsergebnis haben wir für die Arbeit Snow Covered Landscape beobachtet, die im Mai 2016 für HKD 1.960.000,00 (€ 226.539,74) versteigert wurde.

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