Yamaguchi Takeo

Shū

Found at Sothebys, Hong Kong
Brushwork III – Abstract Masters, Lot 118
24. Nov - 24. Nov 2018
Estimate: 180.000 - 280.000 HKD
Price realised: 137.500 HKD
Yamaguchi Takeo
1902 - 1983
SHŪ
signed, titled and dated 1981 July in Japanese on a label affixed to the reverse
oil on board
27.2 by 34.8 cm; 10¾ by 13¾ in.
The Oise Gallery, Nagoya | Private Collection | SBI Auction, Tokyo, 18 February 2017, lot 112 | Private Collection, Japan | Acquired from the above by the present owner

Auction result misses estimated price range

This work of art by Yamaguchi Takeo could be acquired at Sothebys in Hong Kong in November 2018 for an unexpectedly low price. In the Brushwork III – Abstract Masters auction, the work Shū changed hands for HKD 137,500.00 (€ 15,519.30) - missing the lower end of the estimate range of HKD 180,000.00 – 280,000.00. Of course, this price has nothing to do with the top prices that other works by Yamaguchi Takeo achieve. The highest price we have observed so far was reached by the work Ho (Crawl) in May last year with an auction result of HKD 12,450,000.00 (€ 1,478,082.19).

Auktionsergebnis verfehlt die Schätzpreisspanne

Dieses Kunstwerk von Yamaguchi Takeo konnte im November 2018 bei Sothebys in Hong Kong für einen unerwartet niedrigen Preis ersteigert werden. In der Auktion Brushwork III – Abstract Masters wechselte die Arbeit Shū für HKD 137.500,00 (€ 15.519,30) den Besitzer – und verfehlte damit das untere Ende der Schätzpreisspanne von HKD 180.000,00 – 280.000,00. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Yamaguchi Takeo erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit Ho (Crawl) im Mai letzten Jahres mit einem Auktionsergebnis von HKD 12.450.000,00 (€ 1.478.082,19).

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