Jadé Fadojutimi

Clustering Thoughts

Found at Phillips, Online Auction
Wired: Online Auction, Lot 19
25. Oct - 1. Nov 2022
Estimate: 4.000 - 6.000 GBP
Price realised: 10.080 GBP
signed and numbered 'Jadé Fadojutimi Jadé Fadojutimi 10 of 30' on the artist's label stitched on the reverse
cotton, silk viscose velvet, organza ribbon, grosgrain ribbon, velvet ribbon and cotton cord on embroidered linen
106 x 160 cm (41 3/4 x 62 7/8 in.)
Executed in 2019, this work is number 10 from an edition of 30 plus 2 artist's proofs.

Upper estimate price exceeded by 68%

In November this year Phillips in an online auction held the auction Wired: Online Auction, which included the work Clustering Thoughts by Jadé Fadojutimi. The »bidding war« ended at GBP 10,080 (€ 16,870), 68% above the upper estimate. Of course, this price has nothing to do with the top prices that other works by Jadé Fadojutimi achieve. The highest price we have observed so far was reached by the work Myths of Pleasure in October last year with an auction result of GBP 1,172,000 (€ 1,388,503).

Oberer Schätzpreis um 68% übertroffen

Im November diesen Jahres führte Phillips in einer Online-Auktion die Auktion Wired: Online Auction durch, in der auch die Arbeit Clustering Thoughts von Jadé Fadojutimi zur Versteigerung kam. Das »Bietergefecht« endete beim Preis von GBP 10.080 (€ 16.870) und damit 68% über dem oberen Schätzpreis. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Jadé Fadojutimi erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit Myths of Pleasure im Oktober letzten Jahres mit einem Auktionsergebnis von GBP 1.172.000 (€ 1.388.503).

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