Gimhongsok
Rabbit Construction
Estimate: 20.000 - 30.000 GBP
Price realised: 22.500 GBP
Price realised: 22.500 GBP
Description
Gimhongsok
B. 1964
RABBIT CONSTRUCTION
bronze
128.5 by 60.5 by 45cm.; 50 5/8 by 23 7/8 by 17 3/4 in.
Executed in 2009, this work is number 2 from an edition of 4, plus 1 artist's proof.
Kukje Gallery, Seoul | Acquired directly from the above by the present owner in 2010
B. 1964
RABBIT CONSTRUCTION
bronze
128.5 by 60.5 by 45cm.; 50 5/8 by 23 7/8 by 17 3/4 in.
Executed in 2009, this work is number 2 from an edition of 4, plus 1 artist's proof.
Kukje Gallery, Seoul | Acquired directly from the above by the present owner in 2010
Auction result well in line with expectations
In March 2015 Sothebys in London held the auction Bear Witness | #SothebysBearWitness, which included the work Rabbit Construction by Gimhongsok. The estimated price for the artwork was previously given by the auction house with a range of GBP 20,000.00 – 30,000.00, the actual price achieved of GBP 22,500.00 (€ 31,107.44) could thus just exceed the lower estimate. However, buyers have had to dig much deeper into their pockets for other works by Gimhongsok - we have observed the highest auction result to date for the work Canine Construction, which sold at auction in March 2015 for GBP 68,750.00 (€ 95,050.51).
Auktionsergebnis im Rahmen der Erwartungen
Im März 2015 führte Sothebys in London die Auktion Bear Witness | #SothebysBearWitness durch, in der auch die Arbeit Rabbit Construction von Gimhongsok zur Versteigerung kam. Der Schätzpreis für das Kunstwerk wurde von dem Auktionshaus zuvor mit einer Spanne von GBP 20.000,00 – 30.000,00 angegeben, der tatsächlich erzielte Preis von GBP 22.500,00 (€ 31.107,44) konnte den unteren Schätzpreis somit knapp übertreffen. Für andere Arbeiten von Gimhongsok mussten die Käufer allerdings auch schon deutlich tiefer in die Tasche greifen – das bisher höchste Auktionsergebnis haben wir für die Arbeit Canine Construction beobachtet, die im März 2015 für GBP 68.750,00 (€ 95.050,51) versteigert wurde.
Gimhongsok - Auction history
Other artists in this auction
