AUCTION - 2022.10.12

[Highlight] LEE U-fan | From Notch | OCTOBER 2022 Modern and Contemporary Art

Highlight from the "54th SBI Art Auction｜Modern and Contemporary Art" sales on Friday, October 28 and Saturday, October 29, 2022.

In August 1972, Lee Ufan held his first solo exhibition in Korea at Myungdong Gallery in Seoul. At the same show, he presented various experimental works, including oil paintings depicting electric cords, light bulbs, and the light; a series of works entitled Cut Up, in which he chisels and carves wooden panels. The former deals with an optical illusion in which trickery and reality intersect, while the latter emphasizes materiality. In the "11th Contemporary Art Exhibition of Japan: Twenty Years of Contemporary Art in Retrospect," held at the Tokyo Metropolitan Art Museum in May 1973, he showed two Limiting Elements (original title Cut Up). The Cut Up series was introduced in Seoul in 1972 and Tokyo in 1973, showing that Lee was then returning from three-dimensional to two-dimensional.
The works comprised of wooden panels, each carved with countless chisel marks, amount to records of a repeated physical process with subtle variations. These gestural traces essentially encompass a cyclical, universal sense of time and infinity, manifested through the dialogue between the artist's consciousness and the external materials. The same underlying elements are present in Lee's paintings from the same period.
In later years, Lee Ufan would thoroughly pursue an aesthetic of "non-intervention" by presenting his sculptures and paintings in a casually simple manner with fewer gestures. However, various attempts were made to reach such an emphasis. This work allows the viewer to enjoy a "physical act" rarely seen today.



Lot.222 LEE U-fan
1971
From Notch
Wood
102.4 × 89.0 × 2.5 cm (40⅜ × 35 × 1 in.)
Provenance:
KOH Gallery, Tokyo
Private collection, Japan
JPY 15,000,000 - 25,000,000
USD 107,100 - 178,600

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Bid Submission Deadline:
[Lots. 001-148] THURSDAY, OCTOBER 27 5:00 PM (JST)
[Lots. 149-309] FRIDAY, OCTOBER 28 5:00 PM (JST)
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AUCTION - 2022.09.20

【Results & Invitation to Consign】The 53rd SBI Art Auction｜LIVE STREAM AUCTION

Thank you for partaking in our "The 53rd SBI Art Auction｜LIVE STREAM AUCTION" sale held on September 16 and 17.
Auction result is now available on our website.

Total Sales: 488,347,500 JPY
Lots sold: 96.4%
Kotao Tomozawa's canvas work was sold for JPY 3,910,000, approximately 20 times the lower estimate at the first listing.

>> Auction Result [Online Catalogue]
>> Auction Result [PDF]

◆Results Highlight
Price realized (JPY) includes buyer's Premium



LOT. 050
1. KYNE／2. MURAKAMI Takashi × KYNE
1. Untitled : A-O／2. Untitled : P-R
5,000,000 - 8,000,000 JPY
Price Realized 20,125,000 JPY

LOT. 219
NAGAI Tomoko
White weasel
400,000 - 700,000 JPY
Price Realized 4,600,000 JPY





LOT. 230
TOMOZAWA Kotao
slime XXXII
200,000 - 300,000 JPY
Price Realized 3,910,000 JPY




LOT. 234
IMAI Ulala
KOARA
1,200,000 - 1,800,000 JPY
Price Realized 6,095,000 JPY




LOT. 238
IDA Yukimasa
Momo
1,200,000 - 1,800,000 JPY
Price Realized 7,245,000 JPY




LOT. 273
ROKKAKU Ayako
Untitled
30,000,000 - 50,000,000 JPY
Price Realized 72,450,000 JPY

◆Upcoming auctions and deadline for consignment
The 54th SBI Art Auction
Date: Friday, October 28, 2022 and Saturday, October 29, 2022
Preview: Wednesday, October 26, 2022 and Thursday, October 27, 2022
Deadline for consignment: Closed

The 55th SBI Art Auction
Date: Friday, January 27, 2023 and Saturday, January 28, 2023
Preview: Wednesday, January 25, 2023 and Thursday, January 26, 2023
Deadline for consignment: mid-November, 2022

Please request an estimate by clicking the following link.
>> Request an estimate

Please contact
SBI Art Auction
Tel: +81 3-3527-6692 FAX: +81 3-3529-0777
Email: ArtAuction@sbigroup.co.jp

AUCTION - 2022.08.29

The 53rd SBI Art Auction｜LIVE STREAM AUCTION

SBI Art Auction is thrilled to present "The 53rd SBI Art Auction｜LIVE STREAM AUCTION" sales on Friday, September 16 and Saturday, September 17, 2022.
The sale will feature canvas works by ROKKAKU Ayako, who set a world record at the July sale; popular artists such as KYNE, IMAI Ulala, and IDA Yukimasa, who have been selling at high prices at recent sales and original works by up-and-coming artists such as KONISHI Toshiyuki, SATOH Naritaka, and NAGAI Tomoko.
As for the edition works, collection of six silkscreens including "Love Is In The Air", one of BANKSY's most famous works will be featured along with many other appealing works.

【Auction Date】
[Lots. 001-215] FRIDAY, SEPTEMBER 16, 2022 1:00 PM (JST) –
[Lots. 216-422] SATURDAY, SEPTEMBER 17, 2022 1:00 PM (JST) –

【Preview】
A live-only auction without public preview (Detailed information about the condition of works is available on online catalogue.)

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Bid Submission Deadline:
[Lots. 001-215] THURSDAY, SEPTEMBER 15 5:00 PM (JST)
[Lots. 216-422] FRIDAY, SEPTEMBER 16 5:00 PM (JST)
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【Online Bidding】
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【Live stream】
You can access our auction's live stream as below.
>> SBI Art Auction YouTube Streaming
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AUCTION - 2022.07.19

【Results & Invitation to Consign】The 52nd SBI Art Auction｜BID FOR SUMMER

Thank you for partaking in our ""The 52nd SBI Art Auction｜BID FOR SUMMER"" sale held on July 15 and 16.
Auction result is now available on our website.

Total Sales: 851,701,500 JPY
Lots sold: 93.9%
Highest lot sold is Lot.194 ROKKAKU Ayako's "Untitled" which fetched JPY 184,000,000, achieving a New World Record at Auction.

>> Auction Result [Online Catalogue]
>> Auction Result [PDF]

◆Results Highlight
Price realized (JPY) includes buyer's Premium



Lot.180
Keith HARING
Untitled (Surfboard)
5,000,000 - 8,000,000 JPY
Price Realized 20,700,000 JPY




Lot.186
NAWA Kohei
PixCell - Toy - Venus de Milo
2,500,000 - 3,500,000 JPY
Price Realized 7,245,000 JPY



Lot.191
IMAZU Kei
Orange Desert on Blue Sheet
500,000 - 800,000 JPY
Price Realized 6,900,000 JPY




Lot.192
IMAI Ulala
ROUTE 7
2,000,000 - 3,000,000 JPY
Price Realized 16,675,000 JPY

Lot.194
ROKKAKU Ayako
Untitled
40,000,000 - 70,000,000 JPY
Price Realized 184,000,000 JPY
【New World Record】




Lot.244
KUSAMA Yayoi
Hat
20,000,000 - 30,000,000 JPY
Price Realized 46,000,000 JPY

◆Upcoming auctions and deadline for consignment
The 53rd SBI Art Auction｜LIVE STREAM AUCTION
Date: Friday, September 16, 2022 and Saturday, September 17, 2022
Preview: Live Auction (Detailed information about the condition of works will be available on online catalogue.)
Deadline for consignment: Late July, 2022

The 54th SBI Art Auction｜Modern and Compemporary Art
Date: Friday, October 28, 2022 and Saturday, October 29, 2022
Deadline for consignment: Late August, 2022

Please request an estimate by clicking the following link.
>> Request an estimate

Please contact
SBI Art Auction
Tel: +81 3-3527-6692 FAX: +81 3-3529-0777
Email: ArtAuction@sbigroup.co.jp

AUCTION - 2022.06.27

The 52nd SBI Art Auction｜BID FOR SUMMER

SBI Art Auction is thrilled to present the "52nd SBI Art Auction｜BID FOR SUMMER" sales on Friday, July 15 and Saturday, July 16, 2022.
The sale, as a highlight, includes the work from Imai Ulala who just renewed her artist record in our May auction. Other international acclaimed artists include Rokkaku Ayako's canvas works; a Keith Haring's surfboard painted during his very first visit to Japan in 1983. You will also find Barry McGee's panel work, who is a renowned graffiti artist and he is one of the exhibitors in the international art festival "Aichi 2022" which starts from the end of July; Yusuke Hanai's canvas work with a unique summery motif, and many more!
Lineup teaser video:
>> 52nd SBI Art Auction｜BID FOR SUMMER sales on July 15 (Fri) & 16 (Sat), 2022

【Auction Date】
[Lots. 001-164] FRIDAY, JULY 15, 2022 1:00 PM (JST) –
[Lots. 165-331] SATURDAY, JULY 16, 2022 1:00 PM (JST) –

【Preview】
WEDNESDAY, JULY 13, 2022 11:00 AM - 7:00 PM (JST)
THURSDAY, JULY 14, 2022 11:00 AM - 7:00 PM (JST)
*This auction is a live-streaming auction and the venue will only be opened for a viewing held in above date.
Please note that some artworks are not exhibited due to space limitations.
Prior to bidding, please make sure to check the condition information from online catalogue in advance.
*In order to avoid the spread of infections, we appreciate if participants of SBI Art Auction to submit an application form for admission in advance.
Please click on the link below for advance registration.
>> Preview Entry Application (You may fill in the form at the venue on preview days.)
>> To prevent the spread of COVID-19 infection

Venue:
HILLSIDE FORUM
18-8 Sarugakucho Shibuya-ku, Tokyo, 150-0033, Japan >> Map

【Create an account】
Please sign up from the link below if you do not have an account to register as a bidder.
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【Participate in the bidding】
There are four bidding methods from which to choose.
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Bid Submission Deadline:
[Lots. 001-164] THURSDAY, JULY 14 5:00 PM (JST)
[Lots. 165-331] FRIDAY, JULY 15 5:00 PM (JST)
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【Live stream】
You can access our auction's live stream as below.
>> SBI Art Auction YouTube Streaming
※Live stream may be canceled without notice before or during the auction depend on network status.
※You might experience degradation of video/audio quality, depend on your device's capability, operating system, browser version, or network environment.

AUCTION - 2022.05.30

【Results & Invitation to Consign】The 51st SBI Art Auction｜Modern and Contemporary Art

Thank you for partaking in our "The 51st SBI Art Auction｜Modern and Contemporary Art" sale held on May 27 and 28.
Auction result is now available on our website.

Total Sales: 1,420,181,000 JPY
Lots sold: 96.0%
Achieved the second highest record sale following the October's sale in 2021
Lot.183 ROKKAKU Ayako's "Untitled" fetched JPY 95,450,000

>> Auction Result [Online Catalogue]
>> Auction Result [Result]

◆Results Highlight
Price realized (JPY) includes buyer's Premium




Lot.128
IMAI Ulala
Cooking in 3min
600,000 - 900,000 JPY
Price Realized 19,550,000 JPY
【Artist record】

Lot.137
UMEZAWA Kazuki
The ideal world of character and debris
1,000,000 - 1,500,000 JPY
Price Realized 9,545,000 JPY



Lot.162
HANAI Yusuke
Untitled
4,000,000 - 7,000,000 JPY
Price Realized 13,225,000 JPY

Lot.170
INVADER
ALIAS SD-07
4,000,000 - 7,000,000 JPY
Price Realized 15,525,000 JPY




Lot.174
Edgar PLANS
Hero (Believe in you)
2,000,000 - 3,000,000 JPY
Price Realized 13,225,000 JPY




Lot.183
ROKKAKU Ayako
Untitled
40,000,000 - 70,000,000 JPY
Price Realized 95,450,000 JPY




Lot.190
NARA Yoshitomo
Untitled (No. YNF4954)
7,000,000 - 13,000,000 JPY
Price Realized 27,600,000 JPY




Lot.201
KUSAMA Yayoi
Pumpkin
30,000,000 - 50,000,000 JPY
Price Realized 82,800,000 JPY


Lot.252
Ha Chong-hyun
CONJUNCTION 90-51
3,000,000 - 5,000,000 JPY
Price Realized 13,800,000 JPY

◆Upcoming auctions and deadline for consignment
The 52nd SBI Art Auction｜BID FOR SUMMER
Date: Friday, July 15, 2022 and Saturday, July 16, 2022
Preview: Wednesday, July 13, 2022 and Thursday, July 14, 2022
Deadline for consignment: Closed

The 53rd SBI Art Auction｜LIVE STREAM AUCTION
Date: Friday, September 16, 2022 and Saturday, September 17, 2022
Deadline for consignment: late July, 2022

Please request an estimate by clicking the following link.
>> Request an estimate

Please contact
SBI Art Auction
Tel: +81 3-3527-6692 FAX: +81 3-3529-0777
Email: ArtAuction@sbigroup.co.jp

AUCTION - 2022.05.10

[Spotlight] Kenny SCHACHTER | LOST IN SPACE: The Koons Episode | MAY 2022 Modern and Contemporary Art

Spotlight from the "51st SBI Art Auction｜Modern and Contemporary Art" sales on Friday, May 27 and Saturday, May 28, 2022.


ARTIST'S STATEMENT
The world of NFTs have fast become overpopulated with celebrities, gimmicks and hype to the point that art is practically lost in the background amongst the ever increasing noise and chatter. On another note, many artists in the pursuit fame and fortune, have abandoned critical thinking; and, in the process, developed a new form of content which is a hybrid of luxury goods, design/toys and art. Jeff Koons and his gallery have set their sights beyond the traditional art world and are shooting for the moon—literally. This work is a satire employing humor to comment on the commercialization of art, artists and technology.


*Exhibited：May 5 - 8, 2022 "Data Corruption" Allouche Benias Gallery, Independent Art Fair 2022, New York



Lot.139 Kenny SCHACHTER
2022
LOST IN SPACE: The Koons Episode
Digital video 1'29"
JPY 1,000,000 - 1,500,000
USD 8,200 - 12,300
Exhibited:
May 5 - 8, 2022 "Data Corruption" Allouche Benias Gallery, Independent Art Fair 2022, New York

Browse details & Place Bids


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To bid by phone, online, or as absentee, you can register from our website.
*An account will be needed for bidding registration (If you are a registered customer and do not have a login account, or if you cannot log in with your account, please follow the procedure)
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Bid Submission Deadline:
[Lots. 001-126] THURSDAY, MAY 26 5:00 PM (JST)
[Lots. 127-299] FRIDAY, MAY 27 5:00 PM (JST)
*For those who have not received an email from us
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AUCTION - 2022.05.09

the 51st SBI Art Auction｜Modern and Contemporary Art

The SBI 51st sale "Modern and Contemporary Art" will be held.

【Auction Date】
[Lots. 001-126] FRIDAY, MAY 27, 2022 3:00 PM (JST) –
[Lots. 127-299] SATURDAY, MAY 28, 2022 1:00 PM (JST) –

【Preview】
WEDNESDAY, MAY 25, 2022 11:00 AM - 7:00 PM (JST)
THURSDAY, MAY 26, 2022 11:00 AM - 7:00 PM (JST)
In order to avoid the spread of infections and for the security purpose of the venue, we appreciate if participants of SBI Art Auction to submit an application form for admission in advance.
Please click on the link below for advance registration.
>> To prevent the spread of COVID-19 infection
>> Preview Entry Application (You may fill in the form at the venue on preview days.)

【Create an account】
Please sign up from the link below if you do not have an account to register as a bidder.
>> Create an account

【Participate in the bidding】
There are four bidding methods from which to choose.
A. In Parson
B. Absentee
C. By Telephone
D. To Bid Live
>> How to Buy

To bid by phone, online, or as absentee, you can register from our website.
*An account will be needed for bidding registration (If you are a registered customer and do not have a login account, or if you cannot log in with your account, please follow the procedure)
>> Register for bidding
*Please make sure to check the condition of works before bidding.
>> Create an account

Bid Submission Deadline:
[Lots. 001-126] THURSDAY, MAY 26 5:00 PM (JST)
[Lots. 127-299] FRIDAY, MAY 27 5:00 PM (JST)
*For those who have not received an email from us
It's possible that SBI Art Auction's confirmation e-mail has been labeled as a spam mail. You might be able to find confirmation e-mail from us in your spam mail folder.
As a friendly reminder, you may consider adjusting the filtering setting of your e-mail account to prevent any mails with sbigroup.co.jp／sbiartauction.co.jp domain from going to your spam mail folder in the future.

Venue:
HILLSIDE FORUM
18-8 Sarugakucho Shibuya-ku, Tokyo, 150-0033, Japan >> Map

【Dear participants】
We recommend participants to use public transportation as parking spaces at the venue are unavailble.
If you wish to visit by car, please consider using parking lots around the venue.
>> Map (Car parkings around the venue)

【Live stream】
You can access our auction's live stream as below.
>> SBI Art Auction YouTube Streaming
※Live stream may be canceled without notice before or during the auction depend on network status.
※You might experience degradation of video/audio quality, depend on your device's capability, operating system, browser version, or network environment.

AUCTION - 2022.04.18

Apology for suspension of auction on April 16 caused by a network fault

Dear valued customer,

This is to inform you of the details of system failures we have experienced at the 50th SBI Art Auction｜LIVE STREAM AUCTION held on Saturday, April 16, 2022.
We have confirmed that a network fault had occurred in some areas in Tokyo due to the failure of FLET’S internet service equipment provided by NTT EAST, therefore our auction system was interrupted.

We apologize for any inconvenience and concerns caused by this situation.

■Failure causes　
Failure of internet service equipment
*Please see the below links for the details of failure causes and its affected area (Japanese only)
https://flets.com/customer/const2/t_detail?service=7&id=MT00021369&acode=1&bcode
https://flets.com/customer/const2/t_detail?service=7&id=MT00021370&acode=1&bcode
https://flets.com/customer/const2/t_detail?service=7&id=MT00021371&acode=1&bcode

■Time of the interruption occurred on our auction system
At 13:48 on Saturday, April 16, 2022
At 15:24 on Saturday, April 16, 2022
At 16:41 on Saturday, April 16, 2022

In consideration of the possibility of network failure caused by external factors, we will examine measures to avoid/reduce the effects and remain committed to providing a more stable service.
Thank you for your kind understanding.

Sincerely,
----------------------------------------------------------
SBI Art Auction Co.,Ltd.
TFT Bldg. East Wing 7F, 3-6-11 Ariake, Koutou-ku, Tokyo 135-0063 JAPAN
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