Nam Kwan - Composition en Espagne

Nam Kwan

Composition en Espagne

Found at Christies, New York
Japanese and Korean Art, Lot 477
22. Sep - 22. Sep 2005
Estimate: 10.000 - 15.000 USD
Price realised: 10.800 USD
Description
Nam Kwan (1911-1990)
Composition en Espagne
Signed K. Nam and inscribed on verso Nam (Kwan) and in Chinese characters Nam Kwan and dated 1960-61 and titled Composition en Espagne
Oil on canvas
21¾ x 25¾in. (54 x 65cm.)
en de

Auction result well in line with expectations

The work Composition en Espagne by Nam Kwan was sold in the Japanese and Korean Art auction at Christies in New York in September 2005. The estimated price for the artwork was previously given by the auction house with a range of USD 10,000.00 – 15,000.00, the actual price achieved of USD 10,800.00 (€ 8,956.71) could thus just exceed the lower estimate. Of course, this price has nothing to do with the top prices that other works by Nam Kwan achieve. The highest price we have observed so far was reached by the work COMPOSITION CALLIGRAPHIQUE (2) in November 2016 with an auction result of HKD 1,062,500.00 (€ 129,472.73).

Auktionsergebnis im Rahmen der Erwartungen

Die Arbeit Composition en Espagne von Nam Kwan wurde im September 2005 in der Auktion Japanese and Korean Art bei Christies in New York versteigert. Der Schätzpreis für das Kunstwerk wurde von dem Auktionshaus zuvor mit einer Spanne von USD 10.000,00 – 15.000,00 angegeben, der tatsächlich erzielte Preis von USD 10.800,00 (€ 8.956,71) konnte den unteren Schätzpreis somit knapp übertreffen. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Nam Kwan erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit COMPOSITION CALLIGRAPHIQUE (2) im November 2016 mit einem Auktionsergebnis von HKD 1.062.500,00 (€ 129.472,73).

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