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2022/10/28  Past Auction Report: Previous Auction - Sale 220908
On September 8, the Mallet Auction Modern & Contemporary Art Sale was held for the first time since the relocation to Hanzomon. Consisting of 245 lots with a wide variety of works, the sale brought in a total bid amount of 236.02 million yen (not including buyer’s premium, same below). This sale report introduces the lots that attracted the bidders, as well as the results of the sale.

Ayako Rokkaku
Lot 245 Untitled sold for 48,000,000 yen
The highest bid was Ayako Rokkaku's large canvas. The two girls, representative of the artist, are standing side by side.

Contemporary artworks have been gaining popularity among buyers in recent years as objects of collection and investment, and many of them have sold for much more than their estimates.

Kei Imazu
Lot 237 ‘Green Relax’ sold for 2,800,000 yen (est. 300,000-400,000 yen)
Lot 238 ‘Work’ sold at 4,000,000 yen (est. 700,000-1,000,000 yen)
Lot 239 ‘Broadcaster’ sold at 4,100,000 yen (est. 800,000-1,200,000 yen)
There were three canvas works by Kei Imazu, who made his first appearance at our auction in May this year, all of which sold at prices 5-9 times higher than the lower estimate value. Kage Imazu's works have sold at high prices at major auctions overseas as well, and expectations are high for his future activities.

Ulala Imai
Lot 242 ‘Speech’ sold for 6,400,000 yen (est. 2,000,000-3,000,000 yen)
Lot 243 ‘Bill and Ben’ sold for 6,400,000 yen (est. 800,000-1,200,000 yen)
Two works by Ulala Imai were also successful as in the previous sale. The world depicted by the artist, with her unique touch and perspective, was represented by a landscape with a teddy bear and a stuffed monkey. At this period, the artist was holding a solo exhibition in New York.

Yusuke Hanai
Lot 063 ‘Untitled’ sold for 940,000 yen (est. 500,000-700,000 yen)
Lot 064 ‘WE WILL FLY AGAIN’ sold for 980,000 yen (est. 150,000-200,000 yen)
Yusuke Hanai is popular for his collaborations with apparel brands, and his silkscreen works are growing in record time.

Lee U-fan
Lot 114 ‘Dialogue 2019 A sold for 4,300,000 yen
Two lithographs by Lee U-fan, a leading artist of the Mono-ha school, were also included in the sale. A retrospective exhibition of the artist's work was being held at the National Art Center, Tokyo, and was also scheduled to travel to the Hyogo Prefectural Museum of Art in December. The exhibition includes a group of original works from the Dialogue series, as seen in Lot 114, which was made in 2019 and represents the beginning of the series. The image of the colored surface that give the impression of hand-crafted work and expansive blank margins invite the viewers to think about the function and effect of dialogue.

Yayoi Kusama
Lot 233 ‘Sea in the Evening Glow’ sold for 6,600,000 yen
Lot 050 ‘High Heels (2)’ sold for 6,200,000 yen
Lot 051 Pumpkin Army '85 (Black)’ sold for 3,700,000 yen
Yayoi Kusama's works, which are in demand both in Japan and abroad, were bid up to the above prices by numerous bidders.

Salvador Dali.
Lot 134 ‘Pl.3, 4, 5, 8 from 'The Conquest of the Cosmos' sold for 520,000 yen (est. 150,000-200,000 yen)
Pablo Picasso
Lot 014 ‘David et Bethsabée’ sold for 1,800,000 yen
We deal in not only contemporary works but also many domestic and international modern works.
Prints and sculptures by Pablo Picasso, Georges Braque, Marc Chagall, Joan Miró, Salvador Dali, and others have been strong, with most of them showing positive results.

Jean-Pierre Cassigneul
Lot 222 ‘Le Collier de Perles’ sold for 8,200,000 yen
Maurice Utrillo
Lot 218 Église de Moulins (Somme)’ sold for 6,600,000 yen
French paintings include Georges Rouault, Maurice Utrillo, and Jean-Pierre Cassigneul. Although authenticity for artworks can be a concern, we ensure that our customers can participate in auctions with peace of mind through in-depth preliminary research and the issuance of certificates by authentication committees.
Makoto Saburi
Lot 202 ‘Portrait’ sold for 1,000,000 yen
Narashige Koide
Lot 203 ‘Fruits and Vegetables on the Table’ sold for 2,700,000 yen
Works by Narashige Koide and Makoto Saburi, both painters active during the Taisho and Showa periods in Japan, also exceeded their appraisal values and sold for the following prices.

Since the sale in May 2022, we have introduced online live bidding as a new way to participate in the auction, allowing you to browse and participate in the auction regardless of where you are located (*pre-registration is required for each sale.) Many customers bid online at this September sale as well. One of the best parts of an auction might be the atmosphere of the venue and the tension at the moment the hammer comes down. In response to customer requests to bid while watching the live streaming, we have added a new live streaming function to our online bidding platform. Although it is still under development, we will continue to strive to provide services that satisfy our customers, so please consider using the platform during the auctions.

The next auction will be held in early December. We are always accepting entries for coming auctions and inquiries about appraisals and authentication of items for sale, so please feel free to contact us. We also recommend contacting at your earliest convenience, as it may take some time for us to respond.

Please contact us by telephone, e-mail, valuation form on our website, or via official SNS accounts.