Download the HENI News app

Hiroshi Yoshida Leads Christie's Online $978,900 'New Wave: Icons of Modern Japanese Prints Online' Auction

3 min read  ·  27 Sep 2024

Hansen (Sailing boats) by Hiroshi Yoshida sold for $69,300.
Image courtesy of Christie's Online

Hansen (Sailing boats) by Hiroshi Yoshida sold for $69,300. Image courtesy of Christie's Online

A work by Hiroshi Yoshida was the headline sale at Christie's Online 'New Wave: Icons of Modern Japanese Prints Online' auction on September 24.

  • The sale totaled $978,900, exceeding the pre-sale high estimate.

Snapshot of the sale

  • 143 works sold totaling $978,900.
  • Estimates totaled: $428,400 (low) and $636,100 (high), excluding premiums.
  • The sell-through rate was 87% of the original 164 lots announced.

The star lot was: Hiroshi Yoshida, Hansen (Sailing boats) (1921), which sold for $69,300, 246% above its $20,000 low estimate.

The outperformer sold for 1412% above its low estimate. Kawase Hasui, Shiba koen no yuki (Snow at Shiba Park) (1931), sold for $15,100 ($1,000 low estimate).

Breakdown of results against auction house estimates that are disclosed

Breakdown of results against auction house estimates that are disclosed

  • 106 works, or 74%, sold above their high estimate.
  • 33 works, or 23%, sold within their low and high estimate.
  • 4 works, or 3%, sold below their low estimate.
  • 0 sold with undisclosed estimates.

Guaranteed sales

No sales had a guarantee.

Works that did not sell

21 works were bought-in, including: Hashiguchi Goyo, Woman applying powder (1918), estimated at $10,000 (low) to $15,000 (high).

Withdrawn before the sale

0 works were withdrawn

Terms and definitions

All results include the fees and premiums added to the price of a work of art when the auctioneer's hammer falls. Sale prices are compared to the auction house’s low estimate, which do not include premiums.

Guarantees: Sometimes an auction house guarantees to pay a seller for a work, regardless of whether the bidding reaches the reserve price, a figure that is typically confidential.

Bought-in: If there are no bids for a work, or if bidding falls short of the reserve price, the lot is unsold or “bought-in”.

Withdrawn: This happens when a seller decides, for whatever reason, to withdraw a work before the bidding begins.

Premiums: Typically a sliding-scale of charges paid in addition to the hammer price by the buyer, plus any other fees.