Kaws

UPS AND DOWNS

Found at Christies, New York (Online Auction)
No Regrets: 20th/21st Century Art Online, Lot 8
10. Oct - 20. Oct 2023
Estimate: 500.000 - 800.000 HKD
Price realised: 504.000 HKD
KAWS (B. 1974) UPS AND DOWNS each signed, numbered, and dated ‘16/100 KAWS, ,13’ (lower edge) the complete set of ten screenprints in colours, on Saunders Waterford High White paper, with the original title page and black canvas portfolio box each: 89 x 58.3 cm. (35 x 23 in.) (10) Executed in 2013 edition: 16/100

Auction result well in line with expectations

The work UPS AND DOWNS by Kaws was auctioned at Christies in New York in October this year. The estimated price for the artwork was previously given by the auction house with a range of HKD 500,000.00 – 800,000.00, the actual price achieved of HKD 504,000.00 (€ 60,949.28) could thus just exceed the lower estimate. Of course, this price has nothing to do with the top prices that other works by Kaws achieve. The highest price we have observed so far was reached 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

Die Arbeit UPS AND DOWNS von Kaws kam im Oktober diesen Jahres bei Christies in New York zur Auktion. Der Schätzpreis für das Kunstwerk wurde von dem Auktionshaus zuvor mit einer Spanne von HKD 500.000,00 – 800.000,00 angegeben, der tatsächlich erzielte Preis von HKD 504.000,00 (€ 60.949,28) konnte den unteren Schätzpreis somit knapp übertreffen. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Kaws erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit Untitled (Kimpsons #1) im Oktober 2019 mit einem Auktionsergebnis von HKD 57.877.000,00 (€ 6.615.255,49).

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