Jean-Michel Basquiat

Water-Worshipper

Found at Sothebys, Hong Kong
Contemporary Evening Auction, Lot 1124
12. APR - 27. APR 2022
Estimate: 62.000.000 - 93.000.000 HKD
Price realised: 71.755.000 HKD
Jean-Michel Basquiat
1960 - 1988
Water-Worshipper
acrylic, oilstick, silkscreen ink and metal
signed, titled and dated 1984 on the reverse
209.6 by 274 by 10.2 cm. 82½ by 107⅞ by 4 in.
----------------------------------------------
尚・米榭・巴斯基亞
1960 - 1988年 致水神
Mary Boone Gallery, New York | Christie's, New York, 4 May 1988, Lot 247 | Private Collection | Galerie Beaubourg, Paris | Private Collection, France | Sotheby's, Paris, 7 December 2010, Lot 9 | Private Collection, Paris | Sotheby's, London, 12 February 2014, Lot 36 | Private Collection, London | Sotheby's, Hong Kong, 2 April 2017, Lot 1042

Auction result well in line with expectations

In April last year Sothebys in Hong Kong held the auction Contemporary Evening Auction, which included the work Water-Worshipper by Jean-Michel Basquiat. The price achieved of HKD 71,755,000.00 (€ 8,675,701.81) was within expectations - the estimate range had previously been set by the auction house as HKD 62,000,000.00 – 93,000,000.00. Of course, this price has nothing to do with the top prices that other works by Jean-Michel Basquiat achieve. The highest price we have observed so far was reached by the work without title in May 2017 with an auction result of USD 110,487,500.00 (€ 98,333,481.67).

Auktionsergebnis im Rahmen der Erwartungen

Im April letzten Jahres führte Sothebys in Hong Kong die Auktion Contemporary Evening Auction durch, in der auch die Arbeit Water-Worshipper von Jean-Michel Basquiat zur Versteigerung kam. Der dabei erzielte Preis von HKD 71.755.000,00 (€ 8.675.701,81) lag im Rahmen der Erwartungen – die Schätzpreisspanne war von dem Auktionshaus zuvor mit HKD 62.000.000,00 – 93.000.000,00 angegeben worden. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Jean-Michel Basquiat erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit ohne Titel im Mai 2017 mit einem Auktionsergebnis von USD 110.487.500,00 (€ 98.333.481,67).

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