Seah Kim Joo

Singapore River

Found at Bonhams, Hong Kong
Southeast Asian Modern & Contemporary Art, Lot 16
28. May - 28. May 2022
Estimate: 30.000 - 50.000 HKD
Price realised: 21.675 HKD
PROPERTY FROM THE COLLECTION OF PROFESSOR JOSEF SILVERSTEIN AND MARILYN COOPER SILVERSTEIN
Seah Kim Joo (b. 1939)
Singapore River
signed
batik painting
55 by 42 cm.
21 5/8 by 16 1/2 in.
Batik Art Gallery, Singapore | Acquired directly from the above in 1967 | Private Collection of Professor Josef Silverstein (1922-2021) and Marilyn Cooper Silverstein (1930-2021) | Thence by descent to the present owner

Auction result misses estimated price range

When the work Singapore River by Seah Kim Joo was auctioned at Bonhams in Hong Kong in May last year, the result was somewhat disappointing. The auction house had previously given the estimated price as a range of HKD 30,000.00 – 50,000.00, of which not even the lower limit was reached - in fact, the artwork changed hands for HKD 21,675.00 (€ 2,573.29). Admittedly, works by Seah Kim Joo have also been auctioned for a multiple of this price - according to our records, the highest result so far was achieved by the work Boat Quay (Cityscape) in October 2017 with an auction result of HKD 112,500.00 (€ 12,381.95).

Auktionsergebnis verfehlt die Schätzpreisspanne

Als die Arbeit Singapore River von Seah Kim Joo im Mai letzten Jahres bei Bonhams in Hong Kong versteigert wurde, fiel das Ergebnis ein wenig enttäuschend aus. Das Auktionshaus hatte den Schätzpreis zuvor mit einer Spanne von HKD 30.000,00 – 50.000,00 angegeben, von der nicht einmal die Untergrenze erreicht wurde - tatsächlich wechselte das Kunstwerk für HKD 21.675,00 (€ 2.573,29) den Besitzer. Freilich wurden Arbeiten von Seah Kim Joo auch schon für ein Vielfaches dieses Preises versteigert – das bisher höchste Ergebnis erzielte nach unseren Aufzeichnungen die Arbeit Boat Quay (Cityscape) im Oktober 2017 mit einem Auktionsergebnis von HKD 112.500,00 (€ 12.381,95).

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