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Yun Hyong-Keun - Burnt Umber and Ultramarine

Yun Hyong-Keun

Burnt Umber and Ultramarine

Found at Phillips, Hong Kong Auction
20th Century & Contemporary Art & Design Evening Sale, Lot 18
28. May - 28. May 2017
Estimate: XX.XXX
Price realised: XX.XXX
2004
signed, initialled and dated 'Yun Hyong-Keun [in Hanja] 2004 H. K. Yun' on the reverse
oil on linen
46 x 61 cm (18 1/8 x 24 in.)
Painted in 2004.

Upper estimate price exceeded by more than 100%

This artwork by Yun Hyong-Keun achieved an unexpectedly high price at Phillips in Hong Kong in May 2017. In the 20th Century & Contemporary Art & Design Evening Sale auction, the work Burnt Umber and Ultramarine sold for HKD 275,000.00 (€ 31,401.30) - well above the upper estimate of HKD 120,000.00. Of course, this price has nothing to do with the top prices that other works by Yun Hyong-Keun achieve. The highest price we have observed so far was reached by the work Umber-Blue 7-IIII-75 in May 2016 with an auction result of HKD 4,600,000.00 (€ 531,674.90).

Oberer Schätzpreis um mehr als 100% übertroffen

Dieses Kunstwerk von Yun Hyong-Keun erzielte im Mai 2017 bei Phillips in Hong Kong einen unerwartet hohen Preis. In der Auktion 20th Century & Contemporary Art & Design Evening Sale wurde die Arbeit Burnt Umber and Ultramarine für HKD 275.000,00 (€ 31.401,30) versteigert – und damit weit über dem oberen Schätzpreis von HKD 120.000,00. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Yun Hyong-Keun erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit Umber-Blue 7-IIII-75 im Mai 2016 mit einem Auktionsergebnis von HKD 4.600.000,00 (€ 531.674,90).

Yun Hyong-Keun - Auction history

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