Shinwa Auction Co.(Representative: Yoichiro Kurata) held a special auction at the Marunouchi Building Hall in Marunouchi, Tokyo, on Saturday, May 27.
The auction featured a wide range of items from domestic and international contemporary art, contemporary art by young artists, and Japanese paintings.
The centerpiece of the auction was a set of gold tea ceremony utensils formerly owned by Count Takatsugu Todo. The auction attracted a great deal of attention as it was covered by the TV media and sold for 345 million yen (including the bidding fee only).
Special Auction held by Shinwa Auction at Marunouchi Building Hall
This auction was held on Saturday, May 27 at the Marunouchi Building Hall in Marunouchi, Tokyo, and attracted a large number of auction participants. The auction was also conducted via online and telephone bidding.
Works by big names such as Yayoi Kusama, Leonard Fujita, and Shinsui Ito are also featured.
Pumpkin" by Yayoi Kusama, 1990
This auction covered a wide range of young contemporary artists such as Ayako Rokkaku and Pop Art artists such as David Hockney, while the lineup was deep in the pocketbook, covering works by prominent artists such as Leonard Fujita “Girl and Cat” and Shinsui Ito “Mrs. N”. Several Kusama works, including Yayoi Kusama’s “Pumpkin,” were also on display toward the end of the auction.
Kayama Matazo's "Huangshan Unkai" set a record for the highest price ever paid.
Also at the end of the auction, the bidding for “Huangshan Unkai” by Matazo Kayama took place. The bid was far higher than the prior estimate (70-100 million yen) and sold for 195.5 million yen, the highest price ever paid, prompting a round of applause from the audience.
A set of gold tea ceremony utensils, formerly owned by Count Takatsugu Todo, sold for 345 million yen.
A set of gold tea ceremony utensils, a treasure from the Count Todo's family
The remarkable set of gold tea ceremony utensils originally belonged to Count Takashao Todo, and was a treasure that had been handed down in the Todo family for generations. There is an anecdote about Takatora Todo, who was treated favorably by Hideyoshi Toyotomi in praise of his valiant efforts during the Korean invasion.
The auction was heated, with many bidders participating. When the auction ended with a hammer price of 300 million yen and a winning bid of 345 million yen, the venue was filled with cheers. It was announced that this set of gold tea ceremony utensils was sold by the Hirosawa Art Museum.
＜SHINWA AUCTION Co.＞
Official Site：
https://www.shinwa-auction.com/
