Jang Koal

Blessed By The Cats Series #2

Found at Christies, Hong Kong (Online Auction)
Modern and Contemporary Art Online, Lot 70
21. Apr - 21. Apr 2021
Estimate: 15.000 - 24.000 HKD
Price realised: 137.500 HKD
JANG KOAL (B. 1989)
acrylic on Korean mulberry paper mounted on wood panel
60 x 45 cm. (23 5/8 x 17 3/4 in.)
Painted in 2021
Everyday Mooonday Gallery, Seoul, Korea

Artwork auctioned at five times the upper estimate price

The work Blessed By The Cats Series #2 by Jang Koal was worth HKD 137,500.00 (€ 14,721.53) to a buyer in April 2021. This price was achieved in the auction Modern and Contemporary Art Online at Christies in Hong Kong and exceeded the previously set upper estimate of HKD 24,000.00 many times over. Despite this good result, it is not the highest hammer price for an artwork by Jang Koal; that achieved among the auctions we observed the lot A Girl #1 sold at auction in March last year with the realized price of HKD 176,400.00 (€ 20,306.75).

Kunstwerk zum Fünffachen des oberen Schätzpreises versteigert

Die Arbeit Blessed By The Cats Series #2 von Jang Koal war einem Käufer im April 2021 HKD 137.500,00 (€ 14.721,53) wert. Dieser Preise wurde in der Auktion Modern and Contemporary Art Online bei Christies in Hong Kong erzielt und übertraf den zuvor angesetzten oberen Schätzpreis von HKD 24.000,00 um ein Vielfaches. Trotz des guten Ergebnisses ist dies nicht der höchste Zuschlag für ein Kunstwerk von Jang Koal; den erzielte unter den von uns beobachteten Auktionen die Arbeit A Girl #1 im März letzten Jahres mit dem Hammerpreis von HKD 176.400,00 (€ 20.306,75).

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