Leonard Tsuguharu Foujita
L'Atelier (The Studio)
Found at
Christies,
Hong Kong
20th and 21st Century Art Morning Session, Lot 135
25. May - 25. May 2021
20th and 21st Century Art Morning Session, Lot 135
25. May - 25. May 2021
Estimate: 2.200.000 - 3.200.000 HKD
Price realised: 3.750.000 HKD
Price realised: 3.750.000 HKD
Description
Leonard Tsuguharu Foujita (1886-1968)
signed 'Foujita' (lower right); inscribed, signed and dated '8F Paris Foujita 1952' (on the stretcher)
oil on canvas
46 x 38 cm. (18 1/8 x 15 in.)
Painted in 1952
Galerie Romanet, Algiers, Algeria | Private Collection, France (acquired from the above circa. 1955) | Thence by descent to the present owner | Sylvie Buisson has confirmed the authenticity of this work.
signed 'Foujita' (lower right); inscribed, signed and dated '8F Paris Foujita 1952' (on the stretcher)
oil on canvas
46 x 38 cm. (18 1/8 x 15 in.)
Painted in 1952
Galerie Romanet, Algiers, Algeria | Private Collection, France (acquired from the above circa. 1955) | Thence by descent to the present owner | Sylvie Buisson has confirmed the authenticity of this work.
Upper estimated price slightly exceeded
In May 2021 Christies in Hong Kong held the auction 20th and 21st Century Art Morning Session, which included the work L'Atelier (The Studio) by Foujita. The »bidding war« ended at HKD 3,750,000.00 (€ 396,403.97), 17% above the upper estimate. Of course, this price has nothing to do with the top prices that other works by Foujita achieve. The highest price we have observed so far was reached by the work La fête d'anniversaire in October 2018 with an auction result of GBP 7,096,250.00 (€ 8,002,380.76).
Oberer Schätzpreis leicht übertroffen
Im Mai 2021 führte Christies in Hong Kong die Auktion 20th and 21st Century Art Morning Session durch, in der auch die Arbeit L'Atelier (The Studio) von Foujita zur Versteigerung kam. Das »Bietergefecht« endete beim Preis von HKD 3.750.000,00 (€ 396.403,97) und damit 17% über dem oberen Schätzpreis. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Foujita erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit La fête d'anniversaire im Oktober 2018 mit einem Auktionsergebnis von GBP 7.096.250,00 (€ 8.002.380,76).