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Masami Teraoka - New Views of Mount Fuji Series / La Brea Tar Pits

Masami Teraoka

New Views of Mount Fuji Series / La Brea Tar Pits

Found at Christies, Hong Kong
Asian 20th Century Art (Day Sale), Lot 460
27.Mai - 27.Mai.2018
Estimate: XX.XXX
Price realised: XX.XXX
signed with two artist's monograms (middle left)
watercolour on paper
37 x 55 cm. (14 5/8 x 21 5/8 in.)
Painted in 1974
Acquired directly from the artist by the previous owner | Private Collection, USA | Catharine Clark Gallery, San Francisco, USA | Private Collection, Palo Alto, USA

Auction result misses estimated price range

This work of art by Masami Teraoka could be acquired at Christies in Hong Kong in May 2018 for an unexpectedly low price. In the Asian 20th Century Art (Day Sale) auction, the work New Views of Mount Fuji Series / La Brea Tar Pits changed hands for HKD 125,000.00 (€ 13,656.81) - missing the lower end of the estimate range of HKD 160,000.00 – 320,000.00. Of course, this price has nothing to do with the top prices that other works by Masami Teraoka achieve. The highest price we have observed so far was reached by the work The Cloisters Venus and Pope's Workout in November 2009 with an auction result of HKD 4,820,000.00 (€ 414,685.87).

Auktionsergebnis verfehlt die Schätzpreisspanne

Dieses Kunstwerk von Masami Teraoka konnte im Mai 2018 bei Christies in Hong Kong für einen unerwartet niedrigen Preis ersteigert werden. In der Auktion Asian 20th Century Art (Day Sale) wechselte die Arbeit New Views of Mount Fuji Series / La Brea Tar Pits für HKD 125.000,00 (€ 13.656,81) den Besitzer – und verfehlte damit das untere Ende der Schätzpreisspanne von HKD 160.000,00 – 320.000,00. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Masami Teraoka erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit The Cloisters Venus and Pope's Workout im November 2009 mit einem Auktionsergebnis von HKD 4.820.000,00 (€ 414.685,87).

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