Jeong Yunkyung

Constellation Iii

Found at Sothebys, Hong Kong
Contemporary Art, Lot 551
1. Apr - 1. Apr 2019
Estimate: 70.000 - 90.000 HKD
Price realised: 60.000 HKD
Jeong Yunkyung
B. 1981
CONSTELLATION III
Executed in 2014
acrylic and pencil on canvas
180 by 120 cm; 70 7/8  by 47 1/4  in.
Galerie Koo, Seoul | Acquired from the above by the present owner | This work is accompanied by a certificate issued by Galerie Koo and signed by the artist.

Auction result misses estimated price range

When the work Constellation Iii by Jeong Yun-Kyung was auctioned at Sothebys in Hong Kong in April 2019, the result was somewhat disappointing. The auction house had previously given the estimated price as a range of HKD 70,000.00 – 90,000.00, of which not even the lower limit was reached - in fact, the artwork changed hands for HKD 60,000.00 (€ 6,829.75). Other works by Jeong Yun-Kyung have also sold for higher prices; the highest price we have seen at auction so far was achieved in April 2016 by the work Volume Ii at HKD 93,750.00 (€ 10,562.34).

Auktionsergebnis verfehlt die Schätzpreisspanne

Als die Arbeit Constellation Iii von Jeong Yun-Kyung im April 2019 bei Sothebys in Hong Kong versteigert wurde, fiel das Ergebnis ein wenig enttäuschend aus. Das Auktionshaus hatte den Schätzpreis zuvor mit einer Spanne von HKD 70.000,00 – 90.000,00 angegeben, von der nicht einmal die Untergrenze erreicht wurde - tatsächlich wechselte das Kunstwerk für HKD 60.000,00 (€ 6.829,75) den Besitzer. Andere Arbeiten von Jeong Yun-Kyung wurden auch schon teurer gehandelt; den höchsten Preis, den wir bisher bei Auktionen beobachten konnten, erzielte im April 2016 die Arbeit Volume Ii mit HKD 93.750,00 (€ 10.562,34).

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