Kohei Nawa

Velvet-Manifold(R)

Found at Phillips, Online Auction
REFRESH:RELOAD Online Auction, Lot 2
20. May - 28. May 2020
Estimate: 30.000 - 50.000 HKD
Price realised: 43.750 HKD
2019
incised with the artist's name and signature, title of work, edition number and date of execution 'KOHEI NAWA "Velvet-Manifold(R)" PP 2/2 2019 Kohei Nawa' on the underside
mixed media in original acrylic display case
acrylic display case: 26.1 x 25.1 x 25.1 cm. (10 1/4 x 9 7/8 x 9 7/8 in.)
Executed in 2019, this work is printer proof 2 from an edition of 10 plus 2 printer proofs and is accompanied by its original box, dust sleeve, and artist book.
UNART Co. Ltd., Kawasaki City | Acquired from the above by the present owner

Auction result well in line with expectations

In May 2020 Phillips in an online auction held the auction REFRESH:RELOAD Online Auction, which included the work Velvet-Manifold(R) by Kohei Nawa. The price achieved of HKD 43,750.00 (€ 5,085.38) was within expectations - the estimate range had previously been set by the auction house as HKD 30,000.00 – 50,000.00. Of course, this price has nothing to do with the top prices that other works by Kohei Nawa achieve. The highest price we have observed so far was reached by the work PixCell-Jackalope #5 in April this year with an auction result of HKD 960,000.00 (€ 980,347.83).

Auktionsergebnis im Rahmen der Erwartungen

Im Mai 2020 führte Phillips in einer Online-Auktion die Auktion REFRESH:RELOAD Online Auction durch, in der auch die Arbeit Velvet-Manifold(R) von Kohei Nawa zur Versteigerung kam. Der dabei erzielte Preis von HKD 43.750,00 (€ 5.085,38) lag im Rahmen der Erwartungen – die Schätzpreisspanne war von dem Auktionshaus zuvor mit HKD 30.000,00 – 50.000,00 angegeben worden. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Kohei Nawa erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit PixCell-Jackalope #5 im April diesen Jahres mit einem Auktionsergebnis von HKD 960.000,00 (€ 980.347,83).

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