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Hiroshi Sugito - Table 3

Hiroshi Sugito

Table 3

Found at Phillips, New York Auction
New Now, Lot 165
27. Feb - 27. Feb 2019
Estimate: XX.XXX
Price realised: XX.XXX
signed, titled and dated "table 3 HIROSHI SUGITO 2013" on the reverse
acrylic and graphite on canvas
31 1/2 x 39 1/4 in. (80 x 99.7 cm.)
Executed in 2013.
Marc Foxx Gallery, Los Angeles | Acquired from the above by the present owner

Auction result misses estimated price range

This work of art by Hiroshi Sugito could be acquired at Phillips in New York in February 2019 for an unexpectedly low price. In the New Now auction, the work Table 3 changed hands for USD 5,250.00 (€ 4,613.76) - missing the lower end of the estimate range of USD 6,000.00 – 8,000.00. Of course, this price has nothing to do with the top prices that other works by Hiroshi Sugito achieve. The highest price we have observed so far was reached by the work Red Lounge in May 2007 with an auction result of USD 216,000.00 (€ 160,558.98).

Auktionsergebnis verfehlt die Schätzpreisspanne

Dieses Kunstwerk von Hiroshi Sugito konnte im Februar 2019 bei Phillips in New York für einen unerwartet niedrigen Preis ersteigert werden. In der Auktion New Now wechselte die Arbeit Table 3 für USD 5.250,00 (€ 4.613,76) den Besitzer – und verfehlte damit das untere Ende der Schätzpreisspanne von USD 6.000,00 – 8.000,00. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Hiroshi Sugito erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit Red Lounge im Mai 2007 mit einem Auktionsergebnis von USD 216.000,00 (€ 160.558,98).

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