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Masami Teraoka - The Cloisters / Birth of Venus

Masami Teraoka

The Cloisters / Birth of Venus

Found at Christies, Hong Kong
Asian 20th Century Art (Day Sale), Lot 459
27.Mai - 27.Mai.2018
Estimate: XX.XXX
Price realised: XX.XXX
oil on canvas in gold-leaf frame
228 x 239 cm. (89 3/4 x 94 1/8 in.)
Painted in 2002-2006
Catharine Clark Gallery, San Francisco, California, USA | Private Collection, USA

Auction result well in line with expectations

In May 2018 Christies in Hong Kong held the auction Asian 20th Century Art (Day Sale), which included the work The Cloisters / Birth of Venus by Masami Teraoka. The estimated price for the artwork was previously given by the auction house with a range of HKD 800,000.00 – 1,500,000.00, the actual price achieved of HKD 812,500.00 (€ 88,769.28) could thus just exceed the lower estimate. Admittedly, works by Masami Teraoka have also been auctioned for a multiple of this price - according to our records, the highest result so far was achieved 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 im Rahmen der Erwartungen

Im Mai 2018 führte Christies in Hong Kong die Auktion Asian 20th Century Art (Day Sale) durch, in der auch die Arbeit The Cloisters / Birth of Venus von Masami Teraoka zur Versteigerung kam. Der Schätzpreis für das Kunstwerk wurde von dem Auktionshaus zuvor mit einer Spanne von HKD 800.000,00 – 1.500.000,00 angegeben, der tatsächlich erzielte Preis von HKD 812.500,00 (€ 88.769,28) konnte den unteren Schätzpreis somit knapp übertreffen. Freilich wurden Arbeiten von Masami Teraoka auch schon für ein Vielfaches dieses Preises versteigert – das bisher höchste Ergebnis erzielte nach unseren Aufzeichnungen 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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