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Nam Kwan - Monument for a Friend

Nam Kwan

Monument for a Friend

Found at Christies, Shanghai
First Open | Shanghai, Lot 134
24.Sep - 24.Sep.2017
Estimate: XX.XXX
Price realised: XX.XXX
Signed in artist’s signature; signed and dated ‘Nam, 75’ (lower right); signed ‘Nam Kwan’; dated ‘1975’; titled ‘statue pour un ami’; titled in Korean (on the reverse)
oil on canvas
65.5 x 53 cm.
Painted in 1975

Upper estimated price slightly exceeded

In September 2017 Christies in Shanghai held the auction First Open | Shanghai, which included the work Monument for a Friend by Nam Kwan. Here, the upper estimate of CNY 85,000.00 was slightly exceeded - the artwork found a new owner for CNY 90,000.00 (€ 11,450.94). 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).

Oberer Schätzpreis leicht übertroffen

Im September 2017 führte Christies in Shanghai die Auktion First Open | Shanghai durch, in der auch die Arbeit Monument for a Friend von Nam Kwan zur Versteigerung kam. Dabei wurde der obere Schätzpreis von CNY 85.000,00 leicht übertroffen – das Kunstwerk fand für CNY 90.000,00 (€ 11.450,94) einen neuen Besitzer. 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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