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Yoshitomo Nara Work Delivers a 38% Negative Return Despite Selling for Nearly $4.3M

3 min read  ·  12 Nov 2024

Untitled. Image courtesy of Christie's

Untitled. Image courtesy of Christie's

Yoshitomo Nara, Untitled (2007) sold for $4.26m (CNY30.55m), more than the low estimate at Christie's in Shanghai on November 7.

The sale was below the previous auction result by $2.72m, realizing a 38% negative return. It last sold at auction in 2021 for $6.99m at Christie's.

Acrylic On Canvas, 162.0 x 145.5cm. The work has been traded 5 times in the past.