Koichi Sato

Kingdom

Found at Phillips, Hong Kong Auction
20th Century & Contemporary Art & Design Day Sale, Lot 101
9. Jul - 9. Jul 2020
Estimate: 120.000 - 180.000 HKD
Price realised: 237.500 HKD
2019
signed and dated 'Koichi Sato 2019 Koichi Sato' on the reverse
acrylic on canvas
127 x 127 cm. (50 x 50 in.)
Painted in 2019.
Private Collection | Acquired from the above by the present owner

Upper estimate price exceeded by 32 %.

The work Kingdom by Koichi Sato was auctioned at Phillips in Hong Kong in July 2020. It achieved a price of HKD 237,500.00 (€ 26,021.32), exceeding the upper end of the estimate range by 32%. Admittedly, works by Koichi Sato have also been auctioned for a multiple of this price - according to our records, the highest result so far was achieved by the work without title in April this year with an auction result of HKD 214,200.00 (€ 218,740.11).

Oberer Schätzpreis um 32 % übertroffen

Die Arbeit Kingdom von Koichi Sato kam im Juli 2020 bei Phillips in Hong Kong zur Auktion. Sie erzielte dabei einen Preis von HKD 237.500,00 (€ 26.021,32) und übertraf damit das obere Ende der Schätzpreisspanne um 32%. Freilich wurden Arbeiten von Koichi Sato auch schon für ein Vielfaches dieses Preises versteigert – das bisher höchste Ergebnis erzielte nach unseren Aufzeichnungen die Arbeit ohne Titel im April diesen Jahres mit einem Auktionsergebnis von HKD 214.200,00 (€ 218.740,11).

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