Kenzo Okada

Orange Circle

Found at Sothebys, Hong Kong
Contemporary Art Day Sale, Lot 575
7. Oct - 7. Oct 2020

Estimate: XX.XXX
Price realised: XX.XXX

Description

Art of Tomorrow: Works Sold to Benefit the Chu Foundation
KENZO OKADA
1902 - 1982
ORANGE CIRCLE
oil on canvas
signed
Executed in 1972.
123 by 102.5 cm. 48⅜ by 40⅜ in.
---------------------------------------------- 岡田謙三
Mallet Auction, Tokyo, 29 September 2016, Lot 146 | Acquired from the above sale by the present owner | ---------------------------------------------- | 東京，Mallet 拍賣，2016年9月29日，拍品編號146 | 現藏者購自上述來源

Artwork auctioned at three times the upper estimate price

The work Orange Circle by Kenzo Okada was worth HKD 567,000.00 (€ 62,799.86) to a buyer in October 2020. This price was achieved in the auction Contemporary Art Day Sale at Sothebys in Hong Kong and exceeded the previously set upper estimate of HKD 160,000.00 many times over. Despite this good result, it is not the highest hammer price for an artwork by Kenzo Okada; that achieved among the auctions we observed the lot Homage sold at auction in May 2018 with the realized price of USD 125,000.00 (€ 107,112.25).

Kunstwerk zum Dreifachen des oberen Schätzpreises versteigert

Die Arbeit Orange Circle von Kenzo Okada war einem Käufer im Oktober 2020 HKD 567.000,00 (€ 62.799,86) wert. Dieser Preise wurde in der Auktion Contemporary Art Day Sale bei Sothebys in Hong Kong erzielt und übertraf den zuvor angesetzten oberen Schätzpreis von HKD 160.000,00 um ein Vielfaches. Trotz des guten Ergebnisses ist dies nicht der höchste Zuschlag für ein Kunstwerk von Kenzo Okada; den erzielte unter den von uns beobachteten Auktionen die Arbeit Homage im Mai 2018 mit dem Hammerpreis von USD 125.000,00 (€ 107.112,25).

Kenzo Okada - Auction history

XX.XXX

2024

Yellow Light, 1955

Sep 2024

Bonhams, Los Angeles

XX.XXX

2020

Orange Circle

Oct 2020

Sothebys, Hong Kong

XX.XXX

Homage

May 2018

Christies, New York

XX.XXX

2018

Night Sunflowers

May 2018

Christies, New York

XX.XXX

A Hut

Oct 2016

Christies, London

XX.XXX

2016

Beige

Sep 2016

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XX.XXX

Pile

Sep 2015

Christies, New York

XX.XXX

2015

Untitled

Mar 2015

Sothebys, New York

XX.XXX

Banner

Mar 2013

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XX.XXX

2013

A Well

Jan 2013

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XX.XXX

A Well

May 2012

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XX.XXX

2012

Stream

Mar 2012

Sothebys, New York

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