Yayoi Kusama
Red Stripes
Found at
Phillips,
New York Auction
20th Century & Contemporary Art Evening Sale, Lot 7
17. May - 17. May 2023
20th Century & Contemporary Art Evening Sale, Lot 7
17. May - 17. May 2023
Estimate: 2.500.000 - 3.500.000 USD
Price realised: 2.722.000 USD
Price realised: 2.722.000 USD
Description
signed, titled and dated "RED STRIPES KUSAMA 1965" on the reverse
stuffed cotton and kapok on wood
26 3/4 x 31 1/8 x 6 1/2 in. (67.9 x 79.1 x 16.5 cm)
Executed in 1965, this work is accompanied by a registration card issued by Yayoi Kusama Studio Inc.
This work has been requested for inclusion in the artist’s forthcoming exhibition Yayoi Kusama. The Dutch Years 1965-1970 organized by the Stedelijk Museum Schiedam, to be held from September 23, 2023–January 25, 2024.
stuffed cotton and kapok on wood
26 3/4 x 31 1/8 x 6 1/2 in. (67.9 x 79.1 x 16.5 cm)
Executed in 1965, this work is accompanied by a registration card issued by Yayoi Kusama Studio Inc.
This work has been requested for inclusion in the artist’s forthcoming exhibition Yayoi Kusama. The Dutch Years 1965-1970 organized by the Stedelijk Museum Schiedam, to be held from September 23, 2023–January 25, 2024.
Auction result well in line with expectations
In May this year Phillips in New York held the auction 20th Century & Contemporary Art Evening Sale, which included the work Red Stripes by Yayoi Kusama. The estimated price for the artwork was previously given by the auction house with a range of USD 2,500,000.00 – 3,500,000.00, the actual price achieved of USD 2,722,000.00 (€ 2,554,908.95) could thus just exceed the lower estimate. Of course, this price has nothing to do with the top prices that other works by Yayoi Kusama achieve. The highest price we have observed so far was reached by the work Pumpkin in April this year with an auction result of HKD 30,000,000.00 (€ 30,635,869.57).
Auktionsergebnis im Rahmen der Erwartungen
Im Mai diesen Jahres führte Phillips in New York die Auktion 20th Century & Contemporary Art Evening Sale durch, in der auch die Arbeit Red Stripes von Yayoi Kusama zur Versteigerung kam. Der Schätzpreis für das Kunstwerk wurde von dem Auktionshaus zuvor mit einer Spanne von USD 2.500.000,00 – 3.500.000,00 angegeben, der tatsächlich erzielte Preis von USD 2.722.000,00 (€ 2.554.908,95) konnte den unteren Schätzpreis somit knapp übertreffen. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Yayoi Kusama erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit Pumpkin im April diesen Jahres mit einem Auktionsergebnis von HKD 30.000.000,00 (€ 30.635.869,57).
Yayoi Kusama - Auction history
Other artists in this auction
