Thomas Yeo

Four Huts In The Valley

Found at Sothebys, Hong Kong
Modern and Contemporary Southeast Asian Art, Lot 345
1. Apr - 1. Apr 2018
Estimate: 20.000 - 30.000 HKD
Price realised: 18.750 HKD
Thomas Yeo
B. 1936
FOUR HUTS IN THE VALLEY
Signed
Acrylic and watercolor on paper mounted on card
60 by 60 cm; 23 1/2  by 23 1/2  in.
Property from the collection of the late Professor Arthur Lim | Sotheby's Hong Kong, 5 October 2015, Lot 337

Auction result misses estimated price range

When the work Four Huts In The Valley by Thomas Yeo was auctioned at Sothebys in Hong Kong in April 2018, the result was somewhat disappointing. The auction house had previously given the estimated price as a range of HKD 20,000.00 – 30,000.00, of which not even the lower limit was reached - in fact, the artwork changed hands for HKD 18,750.00 (€ 1,978.42). Admittedly, works by Thomas Yeo have also been auctioned for a multiple of this price - according to our records, the highest result so far was achieved by the work Airborne in November 2019 with an auction result of HKD 75,000.00 (€ 8,698.61).

Auktionsergebnis verfehlt die Schätzpreisspanne

Als die Arbeit Four Huts In The Valley von Thomas Yeo im April 2018 bei Sothebys in Hong Kong versteigert wurde, fiel das Ergebnis ein wenig enttäuschend aus. Das Auktionshaus hatte den Schätzpreis zuvor mit einer Spanne von HKD 20.000,00 – 30.000,00 angegeben, von der nicht einmal die Untergrenze erreicht wurde - tatsächlich wechselte das Kunstwerk für HKD 18.750,00 (€ 1.978,42) den Besitzer. Freilich wurden Arbeiten von Thomas Yeo auch schon für ein Vielfaches dieses Preises versteigert – das bisher höchste Ergebnis erzielte nach unseren Aufzeichnungen die Arbeit Airborne im November 2019 mit einem Auktionsergebnis von HKD 75.000,00 (€ 8.698,61).

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