Hiroshi Sugimoto

Black Sea, Inebolu

Found at Sothebys, London
Contemporary Discoveries, Lot 53
13. May - 19. May 2022
Estimate: 18.000 - 25.000 GBP
Price realised: 17.640 GBP
Hiroshi Sugimoto
b.1948
Black Sea, Inebolu
blindstamped with the title, date 1991 and number 7/25
gelatin silver print
42 by 54 cm. 16½ by 21¼ in.
framed: 66.8 by 83.3 cm. 26⅛ by 32¾ in.
Executed in 1991, this work is number 17 from an edition of 25.
Peter Lund, Oslo | Acquired from the above by the present owner

Auction result misses estimated price range

In May this year a collector was able to acquire the work Black Sea, Inebolu by Hiroshi Sugimoto for GBP 17,640 (€ 20,752). This price was achieved in the auction Contemporary Discoveries at Sothebys in London and was even below the estimate range of GBP 18,000 – 25,000 set by the auction house. Of course, this price has nothing to do with the top prices that other works by Hiroshi Sugimoto achieve. The highest price we have observed so far was reached by the work Black Sea, Ozuluce; Yellow Sea, Cheju; Red Sea, Safaga in May 2007 with an auction result of USD 1,888,000 (€ 1,403,404).

Auktionsergebnis verfehlt die Schätzpreisspanne

Im Mai diesen Jahres konnte ein Sammler die Arbeit Black Sea, Inebolu von Hiroshi Sugimoto für GBP 17.640 (€ 20.752) erwerben. Dieser Preis wurde in der Auktion Contemporary Discoveries bei Sothebys in London erzielt und lag noch unterhalb der von dem Auktionshaus angesetzten Schätzpreisspanne von GBP 18.000 – 25.000. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Hiroshi Sugimoto erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit Black Sea, Ozuluce; Yellow Sea, Cheju; Red Sea, Safaga im Mai 2007 mit einem Auktionsergebnis von USD 1.888.000 (€ 1.403.404).

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