Niro Yokota

Floating Market

Found at Bonhams, Hong Kong
Southeast Asian Modern & Contemporary Art, Lot 23
22. Apr - 22. Apr 2021
Estimate: 8.000 - 12.000 HKD
Price realised: 6.375 HKD
Floating Market
1956
signed and dated 26-04-1956
watercolour and pencil on paper
26 by 35.3 cm.
10 2/8 by 14 in.
Acquired in London by the present owner before 1990 | Private Collection, United Kingdom

Auction result misses estimated price range

This work of art by Niro Yokota could be acquired at Bonhams in Hong Kong in April 2021 for an unexpectedly low price. In the Southeast Asian Modern & Contemporary Art auction, the work Floating Market changed hands for HKD 6,375.00 (€ 682.54) - missing the lower end of the estimate range of HKD 8,000.00 – 12,000.00. However, buyers have had to dig much deeper into their pockets for other works by Niro Yokota - we have observed the highest auction result to date for the work Boats at Sea, which sold at auction in April 2021 for HKD 20,400.00 (€ 2,184.14).

Auktionsergebnis verfehlt die Schätzpreisspanne

Dieses Kunstwerk von Niro Yokota konnte im April 2021 bei Bonhams in Hong Kong für einen unerwartet niedrigen Preis ersteigert werden. In der Auktion Southeast Asian Modern & Contemporary Art wechselte die Arbeit Floating Market für HKD 6.375,00 (€ 682,54) den Besitzer – und verfehlte damit das untere Ende der Schätzpreisspanne von HKD 8.000,00 – 12.000,00. Für andere Arbeiten von Niro Yokota mussten die Käufer allerdings auch schon deutlich tiefer in die Tasche greifen – das bisher höchste Auktionsergebnis haben wir für die Arbeit Boats at Sea beobachtet, die im April 2021 für HKD 20.400,00 (€ 2.184,14) versteigert wurde.

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