Ha Chong-Hyun
Conjunction 98- 120
Found at
Christies,
Hong Kong
20th and 21st Century Art Afternoon Session, Lot 267
25. May - 25. May 2021
20th and 21st Century Art Afternoon Session, Lot 267
25. May - 25. May 2021
Estimate: 60.000 - 120.000 HKD
Price realised: 525.000 HKD
Price realised: 525.000 HKD
Description
Ha Chong-Hyun (B. 1935)
signed in Hanja (on the reverse); signed, dated, inscribed, and titled ‘HA CHONG-HYUN Conjunction 98-120 46 x 53 cm 1998.’ (on the reverse)
oil on hemp
46 x 53 cm. (18 1/8 x 20 7/8 in.)
Painted in 1998
Anon. Sale, Seoul Auction Hong Kong, 31 May 2015, Lot 7 | Acquired at the above sale by the present owner
signed in Hanja (on the reverse); signed, dated, inscribed, and titled ‘HA CHONG-HYUN Conjunction 98-120 46 x 53 cm 1998.’ (on the reverse)
oil on hemp
46 x 53 cm. (18 1/8 x 20 7/8 in.)
Painted in 1998
Anon. Sale, Seoul Auction Hong Kong, 31 May 2015, Lot 7 | Acquired at the above sale by the present owner
Artwork auctioned at four times the upper estimate price
When the work Conjunction 98- 120 by Ha Chong-Hyun was auctioned at Christies in Hong Kong in May 2021, the result exceeded expectations many times over. The upper estimate was set at a - in retrospect quite modest - HKD 120,000.00 but the actual price achieved was more than four times as high at HKD 525,000.00 (€ 55,496.56). Admittedly, works by Ha Chong-Hyun have also been auctioned for a multiple of this price - according to our records, the highest result so far was achieved by the work Conjunction 74-24 in November 2018 with an auction result of HKD 2,750,000.00 (€ 310,385.94).
Kunstwerk zum Vierfachen des oberen Schätzpreises versteigert
Als die Arbeit Conjunction 98- 120 von Ha Chong-Hyun im Mai 2021 bei Christies in Hong Kong versteigert wurde, übertraf das Ergebnis die Erwartungen um ein Vielfaches. Der obere Schätzpreis war mit – rückwirkend betrachtet recht bescheidenen – HKD 120.000,00 angesetzt, der tatsächlich erzielte Preis hingegen war mit HKD 525.000,00 (€ 55.496,56) mehr als viermal so hoch. Freilich wurden Arbeiten von Ha Chong-Hyun auch schon für ein Vielfaches dieses Preises versteigert – das bisher höchste Ergebnis erzielte nach unseren Aufzeichnungen die Arbeit Conjunction 74-24 im November 2018 mit einem Auktionsergebnis von HKD 2.750.000,00 (€ 310.385,94).
Ha Chong-Hyun - Auction history
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