Shusaku Arakawa

Untitled

Found at Christies, New York
Post-War and Contemporary Art Morning Session, Lot 725
16.Mai - 16.Mai.2019
Estimate: 40.000 - 60.000 USD
Price realised: 75.000 USD
stenciled with the artist's signature and dated 'S. ARAKAWA 1965' (lower right)
acrylic, graphite and colored pencil on canvas
60 x 50 in. (152.4 x 127 cm.)
Executed in 1965.
Jan Eric von Löwenadler, New York | Mario Ravagnan, New York | Private collection, New York | Anon. sale; Sotheby's, New York, 10 November 1983, lot 100 | Acquired at the above sale by the present owner

Upper estimate price exceeded by 25 %.

This work without title by Shusaku Arakawa was sold in the Post-War and Contemporary Art Morning Session auction at Christies in New York in May 2019. It achieved a price of USD 75,000.00 (€ 67,270.61), exceeding the upper end of the estimate range by 25%. 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

Diese Arbeit ohne Titel von Shusaku Arakawa wurde im Mai 2019 in der Auktion Post-War and Contemporary Art Morning Session bei Christies in New York versteigert. Sie erzielte dabei einen Preis von USD 75.000,00 (€ 67.270,61) und übertraf damit das obere Ende der Schätzpreisspanne um 25%. 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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