Shusaku Arakawa

Landscape

Found at Christies, London
Post-War to Present, Lot 176
28.Jun - 28.Jun.2018
Estimate: 30.000 - 40.000 GBP
Price realised: 50.000 GBP
signed, titled and dated 'Landscape Arakawa 1969' (lower right); signed, titled and dated 'Landscape Arakawa 1969' (on the stretcher)
acrylic, felt tip pen and pencil on canvas
48 x 71 7/8in. (122 x 182.5cm.)
Executed in 1969
Larese Collection, Saint Gallen. | Private Collection, Germany. | Anon. sale, Christie's London, 27 June 1991, lot 47. | Galleria Milano, Milan. | Private Collection, Milan. | Private Collection, Milan. | Acquired from the above by the present owner.

Upper estimate price exceeded by 25 %.

In June 2018 Christies in London held the auction Post-War to Present, which included the work Landscape by Shusaku Arakawa. The »bidding war« ended at GBP 50,000.00 (€ 56,508.52), 25% above the upper estimate. However, buyers have had to dig much deeper into their pockets for other works by Shusaku Arakawa - we have observed the highest auction result to date for the work Vertical Thought, which sold at auction in October 2017 for GBP 137,500.00 (€ 156,776.91).

Oberer Schätzpreis um 25 % übertroffen

Im Juni 2018 führte Christies in London die Auktion Post-War to Present durch, in der auch die Arbeit Landscape von Shusaku Arakawa zur Versteigerung kam. Das »Bietergefecht« endete beim Preis von GBP 50.000,00 (€ 56.508,52) und damit 25% über dem oberen Schätzpreis. Für andere Arbeiten von Shusaku Arakawa mussten die Käufer allerdings auch schon deutlich tiefer in die Tasche greifen – das bisher höchste Auktionsergebnis haben wir für die Arbeit Vertical Thought beobachtet, die im Oktober 2017 für GBP 137.500,00 (€ 156.776,91) versteigert wurde.

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