Masaru Shichinohe

Pendulum

Found at Sothebys, Hong Kong
Contemporary Asian Art, Lot 884
6. Oct - 6. Oct 2014
Estimate: 60.000 - 100.000 HKD
Price realised: 150.000 HKD
Masaru Shichinohe
B. 1959
PENDULUM
signed in English; signed and titled in Japanese and English and dated 1998.7.13 on the reverse, framed
oil on board
116.7 by 91 cm.; 45⅞ by 25⅞ in.
Acquired directly from the artist | Private Asian Collection

Upper estimate price exceeded by 50 %.

In October 2014 Sothebys in Hong Kong held the auction Contemporary Asian Art, which included the work Pendulum by Shichinohe Masaru. The »bidding war« ended at HKD 150,000.00 (€ 15,442.94), 50% above the upper estimate. Admittedly, works by Shichinohe Masaru have also been auctioned for a multiple of this price - according to our records, the highest result so far was achieved by the work The Praying Girl(Painted In 2012) in May 2017 with an auction result of HKD 826,000.00 (€ 94,318.08).

Oberer Schätzpreis um 50 % übertroffen

Im Oktober 2014 führte Sothebys in Hong Kong die Auktion Contemporary Asian Art durch, in der auch die Arbeit Pendulum von Shichinohe Masaru zur Versteigerung kam. Das »Bietergefecht« endete beim Preis von HKD 150.000,00 (€ 15.442,94) und damit 50% über dem oberen Schätzpreis. Freilich wurden Arbeiten von Shichinohe Masaru auch schon für ein Vielfaches dieses Preises versteigert – das bisher höchste Ergebnis erzielte nach unseren Aufzeichnungen die Arbeit The Praying Girl(Painted In 2012) im Mai 2017 mit einem Auktionsergebnis von HKD 826.000,00 (€ 94.318,08).

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