Jadé Fadojutimi

Clustering Thoughts

Found at Phillips, New York Auction
Editions & Works on Paper, Lot 113
21. Jun - 21. Jun 2023
Estimate: 5.000 - 7.000 USD
Price realised: 10.160 USD
2019
Cotton, silk viscose velvet, organza ribbon, grosgrain ribbon, velvet ribbon, cotton cord and embroidery, hand-dyed and stitched on linen.
45 x 64 1/2 in. (114.3 x 163.8 cm)
Signed and numbered '13 of 30' in black felt-tip pen on the reverse (there were also 2 artist's proofs), published by The Art of Empowerment - UN Women UK, London, unframed.

Upper estimate price exceeded by 45 %.

In June this year Phillips in New York held the auction Editions & Works on Paper, which included the work Clustering Thoughts by Jadé Fadojutimi. The »bidding war« ended at USD 10,160.00 (€ 9,304.03), 45% 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 Quirk my mannerism in November this year with an auction result of USD 1,935,500.00 (€ 1,774,385.77).

Oberer Schätzpreis um 45 % übertroffen

Im Juni diesen Jahres führte Phillips in New York die Auktion Editions & Works on Paper durch, in der auch die Arbeit Clustering Thoughts von Jadé Fadojutimi zur Versteigerung kam. Das »Bietergefecht« endete beim Preis von USD 10.160,00 (€ 9.304,03) und damit 45% 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 Quirk my mannerism im November diesen Jahres mit einem Auktionsergebnis von USD 1.935.500,00 (€ 1.774.385,77).

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