Kaneuji Teppei

Avalanche #2

Found at Sothebys, Hong Kong
#TTTOP, Lot 609
3. Oct - 3. Oct 2016
Estimate: 50.000 - 80.000 HKD
Price realised: 237.500 HKD
Kaneuji Teppei
B. 1978
AVALANCHE #2
executed in 2016
plastic figures and resin
38.5 (H) by 30 by 20.7 cm; 15⅛ (H) by 11⅞ by 8⅛ in.
This is a commissioned work created especially for #TTTOP. The artist has generously agreed to donate a significant share of the hammer price of this lot to the Asian Cultural Council in addition to the portion of profits that Sotheby’s donate for all lots in this auction.

Upper estimate price exceeded by more than 100%

This artwork by Kaneuji Teppei achieved an unexpectedly high price at Sothebys in Hong Kong in October 2016. In the #TTTOP auction, the work Avalanche #2 sold for HKD 237,500.00 (€ 27,948.82) - well above the upper estimate of HKD 80,000.00. Despite this good result, it is not the highest hammer price for an artwork by Kaneuji Teppei; that achieved among the auctions we observed the lot Avalanche #1 sold at auction in October 2016 with the realized price of HKD 275,000.00 (€ 32,361.80).

Oberer Schätzpreis um mehr als 100% übertroffen

Dieses Kunstwerk von Kaneuji Teppei erzielte im Oktober 2016 bei Sothebys in Hong Kong einen unerwartet hohen Preis. In der Auktion #TTTOP wurde die Arbeit Avalanche #2 für HKD 237.500,00 (€ 27.948,82) versteigert – und damit weit über dem oberen Schätzpreis von HKD 80.000,00. Trotz des guten Ergebnisses ist dies nicht der höchste Zuschlag für ein Kunstwerk von Kaneuji Teppei; den erzielte unter den von uns beobachteten Auktionen die Arbeit Avalanche #1 im Oktober 2016 mit dem Hammerpreis von HKD 275.000,00 (€ 32.361,80).

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