Shinro Ohtake

Phenorama 10

Found at Phillips, New York Auction
New Now: The Katayama Collection, Lot 34
19. Sep - 19. Sep 2017
Estimate: 6.000 - 8.000 USD
Price realised: 40.000 USD
signed and dated "Shinro Ohtake '92" lower right
oil and charcoal on paper
39 x 27 in. (99.1 x 68.6 cm.)
Executed in 1992.
Base Gallery, Tokyo | Acquired from the above by the present owner

Artwork auctioned at five times the upper estimate price

When the work Phenorama 10 by Shinrō Ōtake was auctioned at Phillips in New York in September 2017, the result exceeded expectations many times over. The upper estimate was set at a - in retrospect quite modest - USD 8,000.00 but the actual price achieved was more than five times as high at USD 40,000.00 (€ 33,861.00). Admittedly, works by Shinrō Ōtake have also been auctioned for a multiple of this price - according to our records, the highest result so far was achieved by the work RETINA SHIPYARD in November 2016 with an auction result of HKD 1,800,000.00 (€ 219,342.03).

Kunstwerk zum Fünffachen des oberen Schätzpreises versteigert

Als die Arbeit Phenorama 10 von Shinrō Ōtake im September 2017 bei Phillips in New York versteigert wurde, übertraf das Ergebnis die Erwartungen um ein Vielfaches. Der obere Schätzpreis war mit – rückwirkend betrachtet recht bescheidenen – USD 8.000,00 angesetzt, der tatsächlich erzielte Preis hingegen war mit USD 40.000,00 (€ 33.861,00) mehr als fünfmal so hoch. Freilich wurden Arbeiten von Shinrō Ōtake auch schon für ein Vielfaches dieses Preises versteigert – das bisher höchste Ergebnis erzielte nach unseren Aufzeichnungen die Arbeit RETINA SHIPYARD im November 2016 mit einem Auktionsergebnis von HKD 1.800.000,00 (€ 219.342,03).

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