Hong Sungchul

Marilyn

Found at Sothebys, Hong Kong
Contemporary Asian Art, Lot 763
4. Oct - 4. Oct 2010
Estimate: 60.000 - 80.000 HKD
Price realised: 137.500 HKD
Hong Sungchul
B. 1969
MARILYN
signed in Korean, English and Chinese and dated 2010.6 on the reverse
print on elastic strings in a steel frame
99.6(H) by 100 by 14 cm.; 39 1/4(H) by 39 3/8 by 5 1/2 in.

Upper estimate price exceeded by 72 %.

In October 2010 Sothebys in Hong Kong held the auction Contemporary Asian Art, which included the work Marilyn by Hong Sung Chul. The »bidding war« ended at HKD 137,500.00 (€ 12,766.30), 72% above the upper estimate. Despite this good result, it is not the highest hammer price for an artwork by Hong Sung Chul; that achieved among the auctions we observed the lot String Mirror - hands sold at auction in November 2009 with the realized price of HKD 187,500.00 (€ 16,131.45).

Oberer Schätzpreis um 72 % übertroffen

Im Oktober 2010 führte Sothebys in Hong Kong die Auktion Contemporary Asian Art durch, in der auch die Arbeit Marilyn von Hong Sung Chul zur Versteigerung kam. Das »Bietergefecht« endete beim Preis von HKD 137.500,00 (€ 12.766,30) und damit 72% über dem oberen Schätzpreis. Trotz des guten Ergebnisses ist dies nicht der höchste Zuschlag für ein Kunstwerk von Hong Sung Chul; den erzielte unter den von uns beobachteten Auktionen die Arbeit String Mirror - hands im November 2009 mit dem Hammerpreis von HKD 187.500,00 (€ 16.131,45).

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