Arakawa

Untitled

Found at Sothebys, London
Contemporary Art Day Auction, Lot 185
12. Feb - 12. Feb 2020
Estimate: 30.000 - 40.000 GBP
Price realised: 37.500 GBP
Arakawa
1936 - 2010
UNTITLED
signed, titled and dated 1968; signed, titled and dated 1968 on the reverse
oil and pencil on canvas
184 by 123.5 cm. 72 by 48 5/8 in.
Ronald Feldman Gallery, New York | Private Collection | Christie's, London, 1 July 1980, Lot 368 | Galerie Schmela, Dusseldorf | Acquired from the above by the present owner circa 1980

Auction result well in line with expectations

This work without title by Shusaku Arakawa was sold in the Contemporary Art Day Auction auction at Sothebys in London in February 2020. It changed hands for a price of GBP 37,500.00 (€ 43,462.59) achieving a result in the upper range of the estimate price range of GBP 30,000.00 – 40,000.00. However, buyers have had to dig much deeper into their pockets for other works by Shusaku Arakawa - we have observed the highest auction result to date for the work Vertical Thought, which sold at auction in October 2017 for GBP 137,500.00 (€ 156,776.91).

Auktionsergebnis im Rahmen der Erwartungen

Diese Arbeit ohne Titel von Shusaku Arakawa wurde im Februar 2020 in der Auktion Contemporary Art Day Auction bei Sothebys in London versteigert. Dabei wechselte sie für einen Preis von GBP 37.500,00 (€ 43.462,59) den Besitzer und erzielte damit ein Ergebnis im oberen Bereich der Schätzpreisspanne von GBP 30.000,00 – 40.000,00. Für andere Arbeiten von Shusaku Arakawa mussten die Käufer allerdings auch schon deutlich tiefer in die Tasche greifen – das bisher höchste Auktionsergebnis haben wir für die Arbeit Vertical Thought beobachtet, die im Oktober 2017 für GBP 137.500,00 (€ 156.776,91) versteigert wurde.

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