KAWS
HOT SEAT JUNCTION
Found at
Phillips,
Hong Kong Auction
20th Century & Contemporary Art Evening Sale in association with Yongle, Lot 23
1. Dec - 1. Dec 2022
20th Century & Contemporary Art Evening Sale in association with Yongle, Lot 23
1. Dec - 1. Dec 2022
Estimate: 7.000.000 - 10.000.000 HKD
Price realised: 8.599.000 HKD
Price realised: 8.599.000 HKD
Description
signed and dated 'KAWS..10' on the reverse of each panel
acrylic on canvas, triptych
overall 213.4 x 274.4 cm. (84 x 108 in.)
Painted in 2010.
acrylic on canvas, triptych
overall 213.4 x 274.4 cm. (84 x 108 in.)
Painted in 2010.
Auction result well in line with expectations
In December last year Phillips in Hong Kong held the auction 20th Century & Contemporary Art Evening Sale in association with Yongle, which included the work HOT SEAT JUNCTION by Kaws. The price achieved of HKD 8,599,000.00 (€ 1,030,465.32) was within expectations - the estimate range had previously been set by the auction house as HKD 7,000,000.00 – 10,000,000.00. Admittedly, works by Kaws have also been auctioned for a multiple of this price - according to our records, the highest result so far was achieved by the work Untitled (Kimpsons #1) in October 2019 with an auction result of HKD 57,877,000.00 (€ 6,615,255.49).
Auktionsergebnis im Rahmen der Erwartungen
Im Dezember letzten Jahres führte Phillips in Hong Kong die Auktion 20th Century & Contemporary Art Evening Sale in association with Yongle durch, in der auch die Arbeit HOT SEAT JUNCTION von Kaws zur Versteigerung kam. Der dabei erzielte Preis von HKD 8.599.000,00 (€ 1.030.465,32) lag im Rahmen der Erwartungen – die Schätzpreisspanne war von dem Auktionshaus zuvor mit HKD 7.000.000,00 – 10.000.000,00 angegeben worden. Freilich wurden Arbeiten von Kaws auch schon für ein Vielfaches dieses Preises versteigert – das bisher höchste Ergebnis erzielte nach unseren Aufzeichnungen die Arbeit Untitled (Kimpsons #1) im Oktober 2019 mit einem Auktionsergebnis von HKD 57.877.000,00 (€ 6.615.255,49).