Chung Sang-Hwa - Untitled 81-4-1

Chung Sang-Hwa

Untitled 81-4-1

Found at Christies, Hong Kong
20th Century & Contemporary Art Afternoon Session, Lot 394
24.Nov - 24.Nov.2019
Estimate: XX.XXX
Price realised: XX.XXX
signed and titled in Koeran, signed ‘CHUNG SANG-HWA’ and dated ‘1981.4.’ (on the reverse)
acrylic on canvas
92 x 73 cm. (36 1/4 x 28 3/4 in.)
Executed in 1981
Anon. Sale, K Auction, 19 September 2011, lot 10 | Private collection, Asia

Auction result well in line with expectations

The work Untitled 81-4-1 by Chung Sang-Hwa was auctioned at Christies in Hong Kong in November 2019. The price achieved of HKD 750,000.00 (€ 86,986.11) was within expectations - the estimate range had previously been set by the auction house as HKD 650,000.00 – 850,000.00. Admittedly, works by Chung Sang-Hwa have also been auctioned for a multiple of this price - according to our records, the highest result so far was achieved by the work Untitled 97-3-26 in October 2016 with an auction result of HKD 6,440,000.00 (€ 757,854.41).

Auktionsergebnis im Rahmen der Erwartungen

Die Arbeit Untitled 81-4-1 von Chung Sang-Hwa kam im November 2019 bei Christies in Hong Kong zur Auktion. Der dabei erzielte Preis von HKD 750.000,00 (€ 86.986,11) lag im Rahmen der Erwartungen – die Schätzpreisspanne war von dem Auktionshaus zuvor mit HKD 650.000,00 – 850.000,00 angegeben worden. Freilich wurden Arbeiten von Chung Sang-Hwa auch schon für ein Vielfaches dieses Preises versteigert – das bisher höchste Ergebnis erzielte nach unseren Aufzeichnungen die Arbeit Untitled 97-3-26 im Oktober 2016 mit einem Auktionsergebnis von HKD 6.440.000,00 (€ 757.854,41).

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