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Otani Workshop - Untitled

Otani Workshop

Untitled

Found at POLY, Grand Hyatt Hong Kong
Modern and Contemporary Art, Lot 130
6. Apr - 6. Apr 2023
Estimate: XX.XXX
Price realised: XX.XXX
Description: Executed in 2020 acrylic on wood 57 x 14 cm. (22 1/2 x 5 1/2 in.) signed in Japanese; dated '2020' (on the reverse)
. Kaikai Kiki Gallery, Tokyo, Japan | Acquired from the above by the present owner

Auction result well in line with expectations

This work without title by Otani Workshop was sold in the Modern and Contemporary Art auction at POLY in Grand Hyatt Hong Kong in April this year. The estimated price for the artwork was previously given by the auction house with a range of HKD 60,000.00 – 120,000.00, the actual price achieved of HKD 72,000.00 (€ 73,526.09) could thus just exceed the lower estimate. Other works by Otani Workshop have already achieved higher auction prices, for example, in April this year the work without title was auctioned for HKD 96,000.00 (€ 98,034.78).

Auktionsergebnis im Rahmen der Erwartungen

Diese Arbeit ohne Titel von Otani Workshop wurde im April diesen Jahres in der Auktion Modern and Contemporary Art bei POLY in Grand Hyatt Hong Kong versteigert. Der Schätzpreis für das Kunstwerk wurde von dem Auktionshaus zuvor mit einer Spanne von HKD 60.000,00 – 120.000,00 angegeben, der tatsächlich erzielte Preis von HKD 72.000,00 (€ 73.526,09) konnte den unteren Schätzpreis somit knapp übertreffen. Andere Arbeiten von Otani Workshop konnten bereits höhere Auktionspreise erzielen, so wurde im April diesen Jahres die Arbeit ohne Titel für HKD 96.000,00 (€ 98.034,78) versteigert.

Otani Workshop - Auction history

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