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


【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.
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>> Register for bidding
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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
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.
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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.

PRESS - 2022.04.21

May sales @Hillside Forum, Daikanyama

SBI Art Auction is thrilled to present the "51st SBI Art Auction｜Modern and Contemporary Art" sales on Friday, May 27 and Saturday, May 28, 2022 at Hillside Forum in Daikanyama, Tokyo.

Recent success of "Tokyo Contemporary: Redefined," a special auction which took place simultaneously ever with "Art Fair Tokyo" at Tokyo International Forum on March 12 brought excitement to the Japanese art market with 1.28 billion yen sales record.

We believe such excitement will be carried on at our May auction with an eye-catching lineup including works by artists that are celebrated in the contemporary art market in both Japan and overseas, and works exhibited for the first time at auction in Japan. The auction will be held at the conventional venue in Hillside Forum, Daikanyama.

■the 51st SBI Art Auction｜Modern and Contemporary Art
【Auction Date】
Friday, May 27, 2022 3:00 PM (JST) –
Saturday, May 28, 2022 1:00 PM (JST) –
【Venue】
HILLSIDE FORUM (18-8 Sarugakucho Shibuya-ku, Tokyo, 150-0033, Japan)
【Preview】
Wednesday, May 25, 2022 11:00 AM – 7:00 PM (JST)
Thursday, May 26, 2022 11:00 AM – 7:00 PM (JST)
*On the day of the auction, Auctioneer will hold the auction at the venue.
*In addition to bidding at the venue, you can bid by phone, absentee, or online.
You can also watch the progress of the auction on YouTube.
Please check the website for details.
Website: https://www.sbiartauction.co.jp/lp/20220528/en/

■Featured works for May auction
Highlights including world famous KUSAMA Yayoi, ROKKAKU Ayako's unique canvas, SORAYAMA Hajime's life-sized sexy robot which appears for the first time in Japan's auction house. Edition works by acclaimed Andy WARHOL, KAWS, Javier CALLEJA, NARA Yoshitomo, KUSAMA Yayoi. In addition to the familiar street lineup by KYNE, HANAI Yusuke, we will also have MURAKAMI Takashi's early work, TATEISHI Tiger's rare object work, as well as works by Ei-Q, TOYA Shigeo, OKAZAKI Kenjiro, KOMATSU Miwa and so on.

■Highlights
*Access to online catalogue: https://www.sbiartauction.co.jp/en/auction/catalogue/106




■About our auction



SBI Art Auction holds public auctions arranged to present fine works of contemporary art created in and after the twentieth century, as well as modern art, photography, design, and crafts that can adorn and enrich the lives of a wide variety of clients.
The current auction participants include nationals of more than 50 countries*, and we are proud of being Japan's most international auction, since bids by overseas customers amount to about 30% of the title.
We are working to grow and expand the Japanese art market by actively introducing not only the works of artists who symbolize the Japanese art market, but also the works of overseas artists who are rarely exhibited in domestic auctions.
*As of April 2022
Instagram：https://www.instagram.com/sbiartauction/

■How to participate in our auction
The auction is held by bidding for the sale price.
Customers who participate for the first time are requested to register in advance.
For more information on how to buy works at auction, please see the following page.
Details on how to participate and buy: https://www.sbiartauction.co.jp/en/buy-sell/buy/

■About us
SBI Art Auction Co., Ltd. provides a wide variety of services corresponding to our clients' needs, including auctioning, brokering private sales, financing, and consulting. Our aim is to ensure that more people come to appreciate the pleasure, importance, and fun of owning artworks, while at the same time helping them to keep their artworks in good condition over the long term and pass them along to the next generation.
Company name: SBI Art Auction Co., Ltd.
Representative Director: MORITA Shumpei
Address: 7F, TFT Bldg East Wing, 3-6-11 Ariake, Koutou-ku, Tokyo
Established: April 1, 2011
HP: https://www.sbiartauction.co.jp/en/


For press inquiries
KAGAMI (Ms.), OKAMURA (Ms.)
SBI Art Auction Co., Ltd.
7F, TFT Building East Wing, 3-6-11 Ariake, Koutou-ku, Tokyo, 135-0063 JAPAN
Tel: +81-3-3527-6692
Mail: artauction@sbigroup.co.jp
Web: https://www.sbiartauction.co.jp/en/

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
Tel +81-(0)3-3527-6692 / Fax +81-(0)3-3529-0777
Mail artauctino@sbigroup.co.jp
---------------------------------------------------------

AUCTION - 2022.04.18

【Results & Invitation to Consign】The 50th SBI Art Auction｜LIVE STREAM AUCTION

Thank you for partaking in our "The 50th SBI Art Auction｜LIVE STREAM AUCTION" sale held on April 15 and 16.
Auction result is now available on our website.
Total Sales: 338,387,500 JPY
Lots sold: 97.5%
KYNE's Untitled fetched JPY 19,550,000

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

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



Lot.210
HIRAKO Yuichi
Perennial 08
1,000,000 - 1,500,000 JPY
Price Realized 6,900,000 JPY




Lot.265
HANAI Yusuke
Untitled
900,000 - 1,400,000 JPY
Price Realized 2,127,500 JPY




Lot.273
LY
THE SKATEPARK IN THE ROAD
2,000,000 - 3,000,000 JPY
Price Realized 6,900,000 JPY




Lot.278
KYNE
Untitled
8,000,000 - 12,000,000 JPY
Price Realized 19,550,000 JPY




Lot.291
NARA Yoshitomo
Fuckin' Politics! (No. YNF3774)
3,000,000 - 5,000,000 JPY
Price Realized 8,395,000 JPY




Lot.294
KUSAMA Yayoi
Pumpkin (GT) (Kusama 229)
2,000,000 - 3,000,000 JPY
Price Realized 6,900,000 JPY




Lot.335
BANKSY
Bomb Love
4,000,000 - 7,000,000 JPY
Price Realized 12,650,000 JPY




Lot.360
IKEMURA Leiko
Untitled
100,000 - 150,000 JPY
Price Realized 2,127,500 JPY

Lot.377
KAWARA On
I Got Up
500,000 - 800,000 JPY
Price Realized 1,840,000 JPY


◆Upcoming auctions and deadline for consignment
The 51st SBI Art Auction
Date:Friday, May 27, 2022 and Saturday, May 28, 2022
Preview: Wednesday, May 25, 2022 and Thursday, May 26, 2022
Deadline for consignment: Closed

The 52nd SBI Art Auction
Date: Friday, July 15, 2022 and Saturday, July 16, 2022
Preview: Wednesday, July 13, 2022 and Thursday, July 14, 2022
Deadline for consignment: mid-May, 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

NEWS - 2022.03.30

Revision of Privacy Policy

In accordance with the enactment of the amended Act on the Protection of Personal Information, our Privacy Policy has been revised as of March 30, 2022.

To see the full text, please click here

For queries regarding this policy, please contact the following department.

Administrative Department, SBI Art Auction Co., Ltd.
7F, TFT Building East Wing, 3-6-11 Ariake, Koto-ku, Tokyo 135-0063 JAPAN
Tel: +81-3-3527-6692
E-mail: artauction@sbigroup.co.jp
Telephone calls are received Monday through Friday from 10:00 a.m. to 5:00 p.m. (JST)
We are closed on weekends, public holidays, and during the year-end and new-year holidays.

AUCTION - 2022.03.28

the 50th SBI Art Auction｜LIVE STREAM AUCTION

The SBI 50th sale "LIVE STREAM AUCTION" will be held.

【Auction Date】
[Lots. 001-205] FRIDAY 15 APRIL 2022 1:00 PM (JST) –
[Lots. 206-400] SATURDAY 16 APRIL 2022 1:00 PM (JST) –

【Preview】
No Preview (Detailed information about the condition of works will be available on online catalogue.)
>> Online Catalogue

【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 three bidding methods from which to choose.
A. Absentee
B. By Telephone
C. 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
>> Create an account

Bid Submission Deadline:
[Lots. 001-205] THURSDAY 14 APRIL 5:00 PM (JST)
[Lots. 206-400] FRIDAY 15 APRIL 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.

【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 - 2022.03.13

【Results & Invitation to Consign】The 49th SBI Art Auction｜Tokyo Contemporary: Redefined

Thank you for partaking in our "The 49th SBI Art Auction｜Tokyo Contemporary: Redefined" sale held on Saturday 12 March.
Auction result is now available on our website.

Total sales: 1,284,113,000 JPY
Lots sold: 98.7%
Kusama's INFINITY NETS fetched JPY 161,000,000

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

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



Lot.004
Oscar MURILLO
Fried
12,000,000 - 18,000,000 JPY
Price Realized 20,125,000 JPY




Lot.023
NAWA Kohei
PixCell - Mandarin Duck
4,000,000 - 7,000,000 JPY
Price Realized 15,525,000 JPY




Lot.047
Mr.
While Walking
12,000,000 - 18,000,000 JPY
Price Realized 43,700,000 JPY




Lot.049
Takashi MURAKAMI × Virgil ABLOH
Bernini DOB: Carmine Pink and Black
15,000,000 - 25,000,000 JPY
Price Realized 48,300,000 JPY




Lot.054
KUSAMA Yayoi
INFINITY NETS
80,000,000 - 140,000,000 JPY
Price Realized 161,000,000 JPY




Lot.055
LEE U-fan
Correspondence
20,000,000 - 30,000,000 JPY
Price Realized 48,300,000 JPY


Lot.056
KAWARA On
JUNE 5, 1970 "Today" Series No. 102
30,000,000 - 50,000,000 JPY
Price Realized 48,300,000 JPY




Lot.058
Andy WARHOL
Flowers
15,000,000 - 25,000,000 JPY
Price Realized 33,350,000 JPY




Lot.059
Yves KLEIN
La Victoire de Samothrace
12,000,000 - 18,000,000 JPY
Price Realized 21,275,000 JPY

◆Upcoming auctions and deadline for consignment
Vol.50 LIVE STREAM AUCTION
*Auction will be held online only.
Date: Friday 15 and Saturday 16 April, 2022
Deadline for consignment: Closed

Vol.51 Modern and Contemporary Art
Date: Saturday 28 May, 2022
Deadline for consignment: early-March, 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

EVENT - 2022.02.22

Talk Session "Japanese art market viewed from the financial market's perspective"

  In conjunction with our 49th sale "Tokyo Contemporary: Redefined", a talk session will be held.
The largest art fair in Japan "Art Fair Tokyo 2022" will be held at the Tokyo International Forum, marking its 16th anniversary. At the time of the session, Mr. Kiichi Kitajima, Managing director of Art Fair Tokyo, will be invited as a guest to speak about the Japanese art market viewed from the financial market's perspective.

Talk Session "Japanese art market viewed from the financial market’s perspective"
【Date】
SATURDAY 12 MARCH 2022 1:00 - 2:00 PM (JST)
【Venue】
Tokyo International Forum Hall D5
3-5-1 Marunouchi Chiyoda-ku, Tokyo, 100-0005, Japan >>Map
【Speaker】
Kiichi Kitajima (Art Fair Tokyo Managing Director)

Speaker’s profile
Kiichi KITAJIMA
<Managing director of Art Fair Tokyo>
Born in Tokyo in 1974, Kiichi Kitajima completed a Master of Computer Science in Graduate School of Keio in 1999, then he joined Nomura Securities Co., Ltd.
After having worked as a bond and interest rate trader over a decade at domestic and overseas Investment Bank in Tokyo and London, he has been acting as Managing director of Art Fair Tokyo since 2011 by acquiring a business of planning and operation of the fair.
Not only responsible for management, he is also in charge of direction of the gallery section at the fair.
He likes sail racing, mountain climbing, and marathon.

This will be an event you don't want to miss if you are interested in what is happening in the art world and the future of the art market.