Uemae Chiyu
Untitled
Estimate: 1.200.000 - 2.200.000 HKD
Price realised: 875.000 HKD
Price realised: 875.000 HKD
Description
Uemae Chiyu
1920 - 2018
UNTITLED
signed in Japanese and dated 64.5 and 1966 on the reverse
Executed in 1964-66
oil on board
162.2 by 91.4 cm; 63¾ by 36 in.
Private Collection | SBI Auction, Tokyo, 8 December 2012, lot 105 | Private Collection | Sotheby’s S|2 Gallery, Hong Kong, Avant Garde Asia: Gutai and Its Legacy, March 2015, lot 24 | Acquired from the above by the present owner
1920 - 2018
UNTITLED
signed in Japanese and dated 64.5 and 1966 on the reverse
Executed in 1964-66
oil on board
162.2 by 91.4 cm; 63¾ by 36 in.
Private Collection | SBI Auction, Tokyo, 8 December 2012, lot 105 | Private Collection | Sotheby’s S|2 Gallery, Hong Kong, Avant Garde Asia: Gutai and Its Legacy, March 2015, lot 24 | Acquired from the above by the present owner
Auction result misses estimated price range
When this work without title by Chiyu Uemae was auctioned at Sothebys in Hong Kong in November 2018, the result was somewhat disappointing. The auction house had previously given the estimated price as a range of HKD 1,200,000.00 – 2,200,000.00, of which not even the lower limit was reached - in fact, the artwork changed hands for HKD 875,000.00 (€ 98,759.16). However, buyers have had to dig much deeper into their pockets for other works by Chiyu Uemae - we have observed the highest auction result to date for the work without title, which sold at auction in May 2018 for HKD 2,980,000.00 (€ 325,578.41).
Auktionsergebnis verfehlt die Schätzpreisspanne
Als diese Arbeit ohne Titel von Chiyu Uemae im November 2018 bei Sothebys in Hong Kong versteigert wurde, fiel das Ergebnis ein wenig enttäuschend aus. Das Auktionshaus hatte den Schätzpreis zuvor mit einer Spanne von HKD 1.200.000,00 – 2.200.000,00 angegeben, von der nicht einmal die Untergrenze erreicht wurde - tatsächlich wechselte das Kunstwerk für HKD 875.000,00 (€ 98.759,16) den Besitzer. Für andere Arbeiten von Chiyu Uemae mussten die Käufer allerdings auch schon deutlich tiefer in die Tasche greifen – das bisher höchste Auktionsergebnis haben wir für die Arbeit ohne Titel beobachtet, die im Mai 2018 für HKD 2.980.000,00 (€ 325.578,41) versteigert wurde.
Chiyu Uemae - Auction history
Other artists in this auction
