Parker Ito
Cheeto Returns (Dynamic Blue) / Not Sure if You Know This But I'm an Artist (Red Strainer) - This is Actually so Hype (ParkerItoArt.com)
Found at
Phillips,
London Auction
20th Century & Contemporary Art Day Sale, Lot 241
21. Oct - 21. Oct 2020
20th Century & Contemporary Art Day Sale, Lot 241
21. Oct - 21. Oct 2020
Estimate: 1.500 - 2.000 GBP
Price realised: 7.812 GBP
Price realised: 7.812 GBP
Description
oil on canvas in artist's painted aluminium frame and strainer with chains, LED strip tape, LED strip tape controller, electrical components and hanging hardware
framed 311.8 x 245.9 cm (122 3/4 x 96 3/4 in.)
overall installation dimensions variable
Executed in 2014.
White Cube, London | Acquired from the above by the present owner
framed 311.8 x 245.9 cm (122 3/4 x 96 3/4 in.)
overall installation dimensions variable
Executed in 2014.
White Cube, London | Acquired from the above by the present owner
Artwork auctioned at three times the upper estimate price
When the work Cheeto Returns (Dynamic Blue) / Not Sure if You Know This But I'm an Artist (Red Strainer) - This is Actually so Hype (ParkerItoArt.com) by Parker Ito was auctioned at Phillips in London in October 2020, the result exceeded expectations many times over. The upper estimate was set at a - in retrospect quite modest - GBP 2,000.00 but the actual price achieved was more than three times as high at GBP 7,812.00 (€ 8,674.56). Admittedly, works by Parker Ito 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 Agony And The Ecstasy in February 2014 with an auction result of GBP 56,250.00 (€ 68,244.78).
Kunstwerk zum Dreifachen des oberen Schätzpreises versteigert
Als die Arbeit Cheeto Returns (Dynamic Blue) / Not Sure if You Know This But I'm an Artist (Red Strainer) - This is Actually so Hype (ParkerItoArt.com) von Parker Ito im Oktober 2020 bei Phillips in London versteigert wurde, übertraf das Ergebnis die Erwartungen um ein Vielfaches. Der obere Schätzpreis war mit – rückwirkend betrachtet recht bescheidenen – GBP 2.000,00 angesetzt, der tatsächlich erzielte Preis hingegen war mit GBP 7.812,00 (€ 8.674,56) mehr als dreimal so hoch. Freilich wurden Arbeiten von Parker Ito auch schon für ein Vielfaches dieses Preises versteigert – das bisher höchste Ergebnis erzielte nach unseren Aufzeichnungen die Arbeit The Agony And The Ecstasy im Februar 2014 mit einem Auktionsergebnis von GBP 56.250,00 (€ 68.244,78).
Parker Ito - Auction history
Other artists in this auction
