Izumi Kato

Untitled

Found at POLY, Grand Hyatt Hong Kong
Modern and Contemporary Art, Lot 102
6. Apr - 6. Apr 2023
Estimate: 60.000 - 80.000 HKD
Price realised: 132.000 HKD
Description: Painted in 2007 pastel and pen on paper 32.5 x 25 cm. (14 x 10 in.) dated and signed '2007 KATO' (lower left)
. Private Collection, Europe

Upper estimate price exceeded by 65 %.

This work without title by Izumi Kato was sold in the Modern and Contemporary Art auction at POLY in Grand Hyatt Hong Kong in April this year. The »bidding war« ended at HKD 132,000.00 (€ 134,797.83), 65% above the upper estimate. Of course, this price has nothing to do with the top prices that other works by Izumi Kato achieve. The highest price we have observed so far was reached by the work without title in April this year with an auction result of HKD 1,560,000.00 (€ 1,593,065.22).

Oberer Schätzpreis um 65 % übertroffen

Diese Arbeit ohne Titel von Izumi Kato wurde im April diesen Jahres in der Auktion Modern and Contemporary Art bei POLY in Grand Hyatt Hong Kong versteigert. Das »Bietergefecht« endete beim Preis von HKD 132.000,00 (€ 134.797,83) und damit 65% über dem oberen Schätzpreis. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Izumi Kato erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit ohne Titel im April diesen Jahres mit einem Auktionsergebnis von HKD 1.560.000,00 (€ 1.593.065,22).

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