Madsaki
Three Flags 3P; Two flags 2P; & White flag 2P (Set of 3 works)
Found at
Christies,
Hong Kong (Online Auction)
No Regrets: 20th/21st Century Art Online, Lot 102
5. Dec - 13. Dec 2022
No Regrets: 20th/21st Century Art Online, Lot 102
5. Dec - 13. Dec 2022
Estimate: 5.000 - 8.000 HKD
Price realised: 4.788 HKD
Price realised: 4.788 HKD
Description
MADSAKI (B. 1974) Three Flags 3P; Two flags 2P; & White flag 2P (Set of 3 works) a set of three offset lithograph Three Flags 3P signed, dated, and numbered ‘Madsaki 2018 49/300’ respectively (lower right) 46 x 68 cm. (18 1/8 x 26 3/4 in.) Executed in 2018 edition 49/300 Two flags 2P signed, dated, and numbered ‘Madsaki 2018 46/300’ respectively (lower right) 68 x 50 cm. (26 3/4 x 19 5/8 in.) Executed in 2018 edition 46/300 White flag 2P signed, dated, and numbered ‘Madsaki 2018 38/300’ respectively (lower right) 50 x 77.3 cm. (30 3/8 x 19 5/8 in.) Executed in 2018 edition 38/300
Auction result misses estimated price range
This work of art by MADSAKI could be acquired at Christies in Hong Kong in December last year for an unexpectedly low price. In the No Regrets: 20th/21st Century Art Online auction, the work Three Flags 3P; Two flags 2P; & White flag 2P (Set of 3 works) changed hands for HKD 4,788.00 (€ 573.77) - missing the lower end of the estimate range of HKD 5,000.00 – 8,000.00. Of course, this price has nothing to do with the top prices that other works by MADSAKI achieve. The highest price we have observed so far was reached by the work Birth of Venus II in May last year with an auction result of HKD 4,788,000.00 (€ 568,438.36).
Auktionsergebnis verfehlt die Schätzpreisspanne
Dieses Kunstwerk von MADSAKI konnte im Dezember letzten Jahres bei Christies in Hong Kong für einen unerwartet niedrigen Preis ersteigert werden. In der Auktion No Regrets: 20th/21st Century Art Online wechselte die Arbeit Three Flags 3P; Two flags 2P; & White flag 2P (Set of 3 works) für HKD 4.788,00 (€ 573,77) den Besitzer – und verfehlte damit das untere Ende der Schätzpreisspanne von HKD 5.000,00 – 8.000,00. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von MADSAKI erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit Birth of Venus II im Mai letzten Jahres mit einem Auktionsergebnis von HKD 4.788.000,00 (€ 568.438,36).
