Yuken Teruya

Golden Arch Parkway (Four Works)

Found at Christies, New York (Online Auction)
First Open | Post-War & Contemporary Art, Lot 174
07.Dez - 14.Dez.2017
Estimate: 4.000 - 6.000 USD
Price realised: 3.750 USD
Golden Arch Parkway (Brown)
cut paper construction
3 1/8 x 5 x 9 ½ in. (8 x 12.7 x 24 cm.)
Executed in 2005.
Golden Arch Parkway (Yellow)
cut paper construction
4 ¾ x 7 x 11 ½ in. (12 x 18 x 29 cm.)
Executed in 2005.
Josée Bienvenu Gallery, New York | Irena Hochman Fine Art Ltd., New York | Acquired from the above by the present owner

Auction result misses estimated price range

In December 2017 a collector was able to acquire the work Golden Arch Parkway (Four Works) by Yuken Teruya for USD 3,750.00 (€ 3,119.28). This price was achieved in the auction First Open | Post-War & Contemporary Art at Christies in New York and was even below the estimate range of USD 4,000.00 – 6,000.00 set by the auction house. Admittedly, works by Yuken Teruya have also been auctioned for a multiple of this price - according to our records, the highest result so far was achieved by the work LVMH (Christian Dior, Hennessy, Pucci, Givenchy, Sephora, Le Bonmarché, Berluti, Marc Jacobs, Louis Vuitton, Chandon Nappa Valley) in December 2014 with an auction result of GBP 10,625.00 (€ 13,677.90).

Auktionsergebnis verfehlt die Schätzpreisspanne

Im Dezember 2017 konnte ein Sammler die Arbeit Golden Arch Parkway (Four Works) von Yuken Teruya für USD 3.750,00 (€ 3.119,28) erwerben. Dieser Preis wurde in der Auktion First Open | Post-War & Contemporary Art bei Christies in New York erzielt und lag noch unterhalb der von dem Auktionshaus angesetzten Schätzpreisspanne von USD 4.000,00 – 6.000,00. Freilich wurden Arbeiten von Yuken Teruya auch schon für ein Vielfaches dieses Preises versteigert – das bisher höchste Ergebnis erzielte nach unseren Aufzeichnungen die Arbeit LVMH (Christian Dior, Hennessy, Pucci, Givenchy, Sephora, Le Bonmarché, Berluti, Marc Jacobs, Louis Vuitton, Chandon Nappa Valley) im Dezember 2014 mit einem Auktionsergebnis von GBP 10.625,00 (€ 13.677,90).

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