Jadé Fadojutimi

Clustering Thoughts

Found at Phillips, London Auction
New Now, Lot 76
8. Dec - 8. Dec 2022
Estimate: 4.000 - 6.000 GBP
Price realised: 8.820 GBP
signed and numbered 'Jadé Fadojutimi Jadé Fadojutimi 27 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
113 x 160 cm (44 1/2 x 62 7/8 in.)
Executed in 2019, this work is number 27 from an edition of 30 plus 2 artist's proofs.

Upper estimate price exceeded by 47%

In December this year Phillips in London held the auction New Now, which included the work Clustering Thoughts by Jadé Fadojutimi. The »bidding war« ended at GBP 8,820 (€ 14,762), 47% 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 47% übertroffen

Im Dezember diesen Jahres führte Phillips in London die Auktion New Now durch, in der auch die Arbeit Clustering Thoughts von Jadé Fadojutimi zur Versteigerung kam. Das »Bietergefecht« endete beim Preis von GBP 8.820 (€ 14.762) und damit 47% 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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