Léonard Tsuguharu Foujita
Madeleine endormie
Estimate: 500.000 - 900.000 HKD
Price realised: 600.000 HKD
Price realised: 600.000 HKD
Description
Description: Painted circa 1931 graphite and gouache on paper, laid on board 59 x 113.5 cm. (23 1/4 x 44 1/2 in.) signed in Japanese; signed 'Foujita' (lower right)
Literature: Foujita: Inédits, ADAGP Paris, Paris, France, 2007 (illustrated, plate 31.121.D, pp. 178 & 391).
Certificate: This work is accompanied by certificate of authenticity issued by Sylvie Buisson.
. Galerie J.-M. Bernard, Paris, France | Vente, Blanchet & Associées Paris, 14 March 2008, Lot 42 | Christie’s Paris, 23 March 2017, Lot 193 | Poly Auction Beijing, 16 December 2017, Lot 4473 | Acquired from the above sale by the present owner
Literature: Foujita: Inédits, ADAGP Paris, Paris, France, 2007 (illustrated, plate 31.121.D, pp. 178 & 391).
Certificate: This work is accompanied by certificate of authenticity issued by Sylvie Buisson.
. Galerie J.-M. Bernard, Paris, France | Vente, Blanchet & Associées Paris, 14 March 2008, Lot 42 | Christie’s Paris, 23 March 2017, Lot 193 | Poly Auction Beijing, 16 December 2017, Lot 4473 | Acquired from the above sale by the present owner
Auction result well in line with expectations
The work Madeleine endormie by Foujita was auctioned at POLY in Grand Hyatt Hong Kong in April this year. The estimated price for the artwork was previously given by the auction house with a range of HKD 500,000.00 – 900,000.00, the actual price achieved of HKD 600,000.00 (€ 612,717.39) could thus just exceed the lower estimate. Of course, this price has nothing to do with the top prices that other works by Foujita achieve. The highest price we have observed so far was reached by the work La fête d'anniversaire in October 2018 with an auction result of GBP 7,096,250.00 (€ 8,002,380.76).
Auktionsergebnis im Rahmen der Erwartungen
Die Arbeit Madeleine endormie von Foujita kam im April diesen Jahres bei POLY in Grand Hyatt Hong Kong zur Auktion. Der Schätzpreis für das Kunstwerk wurde von dem Auktionshaus zuvor mit einer Spanne von HKD 500.000,00 – 900.000,00 angegeben, der tatsächlich erzielte Preis von HKD 600.000,00 (€ 612.717,39) konnte den unteren Schätzpreis somit knapp übertreffen. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Foujita erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit La fête d'anniversaire im Oktober 2018 mit einem Auktionsergebnis von GBP 7.096.250,00 (€ 8.002.380,76).