- Art.Salon
- Artists
- Michael Kagan
- Trust the Process
Michael Kagan
Trust the Process
Found at
Sothebys,
Hong Kong
Contemporary Curated: Asia | JAY CHOU x SOTHEBY’S | Day Sale, Lot 155
22. Jun - 22. Jun 2021
Contemporary Curated: Asia | JAY CHOU x SOTHEBY’S | Day Sale, Lot 155
22. Jun - 22. Jun 2021
Estimate: 150.000 - 250.000 HKD
Price realised: 693.000 HKD
Price realised: 693.000 HKD
Description
Michael Kagan
b. 1980
Trust the Process
oil on linen
signed and dated 2018 on the reverse
60.8 by 60.8 cm. 24 by 24 in.
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Bill Brady Gallery, Miami | Acquired from the above by the present owner | ---------------------------------------------- | 邁阿密,Bill Brady畫廊 | 現藏者購自上述來源
b. 1980
Trust the Process
oil on linen
signed and dated 2018 on the reverse
60.8 by 60.8 cm. 24 by 24 in.
----------------------------------------------
Bill Brady Gallery, Miami | Acquired from the above by the present owner | ---------------------------------------------- | 邁阿密,Bill Brady畫廊 | 現藏者購自上述來源
Upper estimate price exceeded by more than 100%
This artwork by Michael Kagan achieved an unexpectedly high price at Sothebys in Hong Kong in June 2021. In the Contemporary Curated: Asia | JAY CHOU x SOTHEBY’S | Day Sale auction, the work Trust the Process sold for HKD 693,000.00 (€ 75,277.77) - well above the upper estimate of HKD 250,000.00. Despite this good result, it is not the highest hammer price for an artwork by Michael Kagan; that achieved among the auctions we observed the lot It Begins sold at auction in June last year with the realized price of HKD 1,134,000.00 (€ 137,999.43).
Oberer Schätzpreis um mehr als 100% übertroffen
Dieses Kunstwerk von Michael Kagan erzielte im Juni 2021 bei Sothebys in Hong Kong einen unerwartet hohen Preis. In der Auktion Contemporary Curated: Asia | JAY CHOU x SOTHEBY’S | Day Sale wurde die Arbeit Trust the Process für HKD 693.000,00 (€ 75.277,77) versteigert – und damit weit über dem oberen Schätzpreis von HKD 250.000,00. Trotz des guten Ergebnisses ist dies nicht der höchste Zuschlag für ein Kunstwerk von Michael Kagan; den erzielte unter den von uns beobachteten Auktionen die Arbeit It Begins im Juni letzten Jahres mit dem Hammerpreis von HKD 1.134.000,00 (€ 137.999,43).