Masami Teraoka

Venice Nude Beach Series/Self-Portrait

Found at Christies, Hong Kong
Asian 20th Century Art (Day Sale), Lot 462
27.Mai - 27.Mai.2018
Estimate: 180.000 - 320.000 HKD
Price realised: 125.000 HKD
signed with two artist's monograms (lower left); three labels of Space Gallery, Catharine Clark Gallery and The Oakland Museum Art Department of The Museum of California Exhibition affixed on the reverse
watercolour on paper
36.2 x 54.2 cm. (14 1/4 x 21 3/8 in.)
Painted in 1975
Space Gallery, Los Angeles, USA | Private Collection, USA | Catharine Clark Gallery, San Francisco, USA | Private Collection, Palo Alto, USA

Auction result misses estimated price range

In May 2018 a collector was able to acquire the work Venice Nude Beach Series/Self-Portrait by Masami Teraoka for HKD 125,000.00 (€ 13,656.81). This price was achieved in the auction Asian 20th Century Art (Day Sale) at Christies in Hong Kong and was even below the estimate range of HKD 180,000.00 – 320,000.00 set by the auction house. 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

Im Mai 2018 konnte ein Sammler die Arbeit Venice Nude Beach Series/Self-Portrait von Masami Teraoka für HKD 125.000,00 (€ 13.656,81) erwerben. Dieser Preis wurde in der Auktion Asian 20th Century Art (Day Sale) bei Christies in Hong Kong erzielt und lag noch unterhalb der von dem Auktionshaus angesetzten Schätzpreisspanne von HKD 180.000,00 – 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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