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Chiyu Uemae - Untitled

Chiyu Uemae

Untitled

Found at Christies, New York (Online Auction)
Contemporary Art Asia, Lot 9
12. Mar - 12. Mar 2021
Estimate: XX.XXX
Price realised: XX.XXX
CHIYU UEMAE (1920-2018)
signed in Japanese, inscribed and dated '1990.8 46 80 x 72' (on the reverse)
thread on cloth
80 x 72 cm. (31<sup>1</sup>⁄<sub>2</sub> x 28<sup>3</sup>⁄<sub>8</sub> in.)
Executed on 1990.
Please note this lot is the property of a private individual.
Whitestone Gallery, Tokyo

Upper estimated price slightly exceeded

In March 2021 Christies in New York held the auction Contemporary Art Asia, which included this untitled work by Chiyu Uemae. The »bidding war« ended at USD 3,500.00 (€ 2,980.50), 17% above the upper estimate. Of course, this price has nothing to do with the top prices that other works by Chiyu Uemae achieve. The highest price we have observed so far was reached by the work without title in May 2018 with an auction result of HKD 2,980,000.00 (€ 325,578.41).

Oberer Schätzpreis leicht übertroffen

Im März 2021 führte Christies in New York die Auktion Contemporary Art Asia durch, in der auch diese Arbeit ohne Titel von Chiyu Uemae zur Versteigerung kam. Das »Bietergefecht« endete beim Preis von USD 3.500,00 (€ 2.980,50) und damit 17% über dem oberen Schätzpreis. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Chiyu Uemae erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit ohne Titel im Mai 2018 mit einem Auktionsergebnis von HKD 2.980.000,00 (€ 325.578,41).

Chiyu Uemae - Auction history

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