Yun Hyong-Keun
Untitled
Found at
Christies,
New York (Online Auction)
Contemporary Art Asia: Including a Collection of Works by Léonard Tsuguharu Foujita, Lot 88
18.Sep - 25.Sep.2019
Contemporary Art Asia: Including a Collection of Works by Léonard Tsuguharu Foujita, Lot 88
18.Sep - 25.Sep.2019
Estimate: 3.000 - 5.000 USD
Price realised: 16.250 USD
Price realised: 16.250 USD
Description
signed in Korean, and dated '1993' (on the reverse)
oil on linen
19 x 27.4 cm. (7 1/2 x 10 3/4 in.)
Painted in 1993
Gifted by the artist to the previous owner | Thence by descent to the present owner | Private Collection, USA
oil on linen
19 x 27.4 cm. (7 1/2 x 10 3/4 in.)
Painted in 1993
Gifted by the artist to the previous owner | Thence by descent to the present owner | Private Collection, USA
Artwork auctioned at three times the upper estimate price
When this work without title by Yun Hyong-Keun was auctioned at Christies in New York in September 2019, the result exceeded expectations many times over. The upper estimate was set at a - in retrospect quite modest - USD 5,000.00 but the actual price achieved was more than three times as high at USD 16,250.00 (€ 14,901.42). 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).
Kunstwerk zum Dreifachen des oberen Schätzpreises versteigert
Als die Arbeit ohne Titel von Yun Hyong-Keun im September 2019 bei Christies in New York versteigert wurde, übertraf das Ergebnis die Erwartungen um ein Vielfaches. Der obere Schätzpreis war mit – rückwirkend betrachtet recht bescheidenen – USD 5.000,00 angesetzt, der tatsächlich erzielte Preis hingegen war mit USD 16.250,00 (€ 14.901,42) mehr als dreimal so hoch. 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
Other artists in this auction
