AUCTION - 2025.10.28

【Results & Invitation to Consign】The 75th SBI Art Auction | Modern and Contemporary Art

Thank you for partaking in our "The 75th SBI Art Auction | Modern and Contemporary Art" sale held on October 25 and 26.
Auction result is now available on our website.

Total Sales: 876,018,250 JPY
Lots sold: 86.1%

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

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


Lot. 076
NARA Yoshitomo
Power to the Punx (No. YNF2125)
25,000,000 - 35,000,000 JPY
Price Realized 83,950,000 JPY


Lot. 070
KUSAMA Yayoi
Pumpkin
50,000,000 - 80,000,000 JPY
Price Realized 69,000,000 JPY


Lot. 035
ONOSATO Toshinobu
Five Circles
4,000,000 - 7,000,000 JPY
Price Realized 21,275,000 JPY


Lot. 021
MURAKAMI Saburo
Work
3,500,000 - 5,500,000 JPY
Price Realized 13,225,000 JPY


Lot. 107
Andy WARHOL
Pine Barrens Tree Frog, from Endangered Species (F. & S. Ⅱ.294)
12,000,000 - 18,000,000 JPY
Price Realized 18,975,000 JPY


Lot. 098
Lucio FONTANA
Concetto Spaziale
2,000,000 - 3,000,000 JPY
Price Realized 4,830,000 JPY


Lot. 101
Robert INDIANA
The Book of Love (Portfolio of 12 Screenprints)
8,000,000 - 14,000,000 JPY
Price Realized 9,545,000 JPY


Lot. 151
NAWA Kohei
PixCell-Toy-Cat #6
10,000,000 - 15,000,000 JPY
Price Realized 13,225,000 JPY


Lot. 161
IMAI Ulala
REVENGE MATCH
7,000,000 - 13,000,000 JPY
Price Realized 9,545,000 JPY


Lot. 079
Stephan BALKENHOL
man without trousers
2,800,000 - 4,800,000 JPY
Price Realized 7,245,000 JPY


Lot. 093
Sam FRANCIS
Double Portrait: Jerry Aistrup
12,000,000 - 18,000,000 JPY
Price Realized 16,100,000 JPY


Lot. 091
Anthony CARO
Great Jones Moonlight
800,000 - 1,400,000 JPY
Price Realized 1,725,000 JPY

◆Upcoming auctions and deadline for consignment
The 76th SBI Art Auction | Modern and Contemporary Art
Date: Saturday, January 24 - Sunday, January 25, 2026
Preview: Wednesday, January 21 - Sunday, January 25, 2026
Deadline for consignment: Mid-November, 2025

The 77th SBI Art Auction | Bloom Now
Date: Saturday, March 14 - Sunday, March 15, 2026
Deadline for consignment: Mid-December, 2025

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AUCTION - 2025.09.16

【Results & Invitation to Consign】The 74th SBI Art Auction | LIVE STREAM AUCTION

Thank you for partaking in our "The 74th SBI Art Auction | LIVE STREAM AUCTION" sale held on September 12 and 13.
Auction result is now available on our website.
Total Sales: 218,321,750 JPY
Lots sold: 89.0%

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

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


Lot. 315
KUSAMA Yayoi
Pumpkin (Yellow Y) (Kusama 148)
5,000,000 - 8,000,000 JPY
Price Realized 11,155,000 JPY


Lot. 330
IMAI Ulala
FRUITS
3,500,000 - 5,500,000 JPY
Price Realized 6,095,000 JPY


Lot. 328
OKAZAKI Kenjiro
足手まといの目（目をうばうに足る）
1,000,000 - 1,500,000 JPY
Price Realized 3,220,000 JPY


Lot. 302
TANAKA Atsuko
Work
700,000 - 1,300,000 JPY
Price Realized 1,667,500 JPY


Lot. 361
Andy WARHOL
COW (F. & S. Ⅱ.12A)
700,000 - 1,300,000 JPY
Price Realized 2,415,000 JPY


Lot. 359
BANKSY
Monkey Queen
1,200,000 - 1,800,000 JPY
Price Realized 2,127,500 JPY

Lot. 346
NAGAI Hiroshi
Untitled
700,000 - 1,300,000 JPY
Price Realized 5,175,000 JPY


Lot. 333
NAWA Kohei
PixCell-Toy-Goldfish #9 (Shubunkin)
1,200,000 - 1,800,000 JPY
Price Realized 2,645,000 JPY


Lot. 344
ROKKAKU Ayako
Untitled
3,500,000 - 5,500,000 JPY
Price Realized 6,095,000 JPY

◆Upcoming auctions and deadline for consignment
The 75th SBI Art Auction | Modern and Contemporary Art
Date: Saturday, October 25 - Sunday, October 26, 2025
Preview: Wednesday, October 22 - Sunday, October 26, 2025
Deadline for consignment: Closed

The 76th SBI Art Auction | Modern and Contemporary Art
Date: Saturday, January 24 - Sunday, January 25, 2026
Deadline for consignment: Mid-November, 2025
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AUCTION - 2025.07.15

【Results & Invitation to Consign】The 73rd SBI Art Auction | Modern and Contemporary Art

Thank you for partaking in our "The 73rd SBI Art Auction | Modern and Contemporary Art" sale held on July 12 and 13.
Auction result is now available on our website.

Total Sales: 637,531,250 JPY
Lots sold: 91.1%

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

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


Lot. 079
KUSAMA Yayoi
Pumpkin (FPZ)
50,000,000 - 80,000,000 JPY
Price Realized 72,450,000 JPY


Lot. 039
Andy WARHOL
CHANEL, from Ads (F. & S. Ⅱ.354)
25,000,000 - 35,000,000 JPY
Price Realized 36,800,000 JPY


Lot. 040
Andy WARHOL
Mobil, from Ads (F. & S. Ⅱ.350)
6,000,000 - 9,000,000 JPY
Price Realized 10,925,000 JPY


Lot. 054
Gerhard RICHTER
MV. 14, from Museum Visit
6,000,000 - 9,000,000 JPY
Price Realized 6,900,000 JPY


Lot. 179
Wolfgang TILLMANS
Flashed Pool
500,000 - 800,000 JPY
Price Realized 1,667,500 JPY


Lot. 097
NAWA Kohei
PixCell - Toy - Pinocchio ＃7
6,000,000 - 9,000,000 JPY
Price Realized 9,545,000 JPY


Lot. 090
NISHIMURA Yu
a cat in the seaside
1,000,000 - 1,500,000 JPY
Price Realized 3,910,000 JPY


Lot. 093
IMAZU Kei
Pelvis
1,500,000 - 2,500,000 JPY
Price Realized 6,095,000 JPY


Lot. 116
KYNE
Untitled
5,000,000 - 8,000,000 JPY
Price Realized 12,650,000 JPY


Lot. 111
ROKKAKU Ayako
Untitled
16,000,000 - 26,000,000 JPY
Price Realized 18,975,000 JPY


Lot. 035
Jean-Pierre CASSIGNEUL
Une nuit
4,000,000 - 7,000,000 JPY
Price Realized 7,475,000 JPY


Lot. 070
KUSAMA Yayoi
Malle Courrier Lozine 110
7,000,000 - 16,000,000 JPY
Price Realized 12,650,000 JPY

◆Upcoming auctions and deadline for consignment
The 74th SBI Art Auction | LIVE STREAM AUCTION
Date: Friday, September 12 - Saturday, September 13, 2025
Deadline for consignment: Late July, 2025

The 75th SBI Art Auction | Modern and Contemporary Art
Date: Friday, October 24 - Saturday, October 25, 2025
Deadline for consignment: Late August, 2025

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AUCTION - 2025.05.28

【Results & Invitation to Consign】The 72nd SBI Art Auction | Modern and Contemporary Art

Thank you for partaking in our "The 72nd SBI Art Auction | Modern and Contemporary Art" sale held on May 23, 24 and 25.
Auction result is now available on our website.

Total Sales: 732,228,000 JPY
Lots sold: 90.2%

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

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


Lot. 204
KAWS
OHHH...
18,000,000 - 28,000,000 JPY
Price Realized 60,950,000 JPY


Lot. 188
KUSAMA Yayoi
Flowers
50,000,000 - 80,000,000 JPY
Price Realized 65,550,000 JPY


Lot. 189
KUSAMA Yayoi
Pumpkin
50,000,000 - 80,000,000 JPY
Price Realized 65,550,000 JPY


Lot. 193
NARA Yoshitomo
Fire on My Head (No. YNF6506)
10,000,000 - 15,000,000 JPY
Price Realized 14,950,000 JPY


Lot. 159
Jean DUBUFFET
Situation X
2,500,000 - 3,500,000 JPY
Price Realized 3,450,000 JPY


Lot. 153
Gerhard RICHTER
Cage (P19-1)
1,500,000 - 2,500,000 JPY
Price Realized 3,450,000 JPY


Lot. 208
BANKSY
Banksquiat (Black)
7,000,000 - 13,000,000 JPY
Price Realized 8,625,000 JPY


Lot. 187
LEE U-fan
From point
1,500,000 - 2,500,000 JPY
Price Realized 4,830,000 JPY


Lot. 169
MOTONAGA Sadamasa
Yellow light and white light
4,000,000 - 7,000,000 JPY
Price Realized 8,395,000 JPY

◆Upcoming auctions and deadline for consignment
The 73rd SBI Art Auction | Modern and Contemporary Art
Date: Saturday, July 12 - Sunday, July 13, 2025
Preview: Wednesday, July 9 - Sunday, July 13, 2025
Deadline for consignment: Closed

The 74th SBI Art Auction | LIVE STREAM AUCTION
Date: Friday, September 12 - Saturday, September 13, 2025
Deadline for consignment: Late July, 2025

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AUCTION - 2025.04.14

【Results & Invitation to Consign】The 71st SBI Art Auction | LIVE STREAM AUCTION

Thank you for partaking in our "The 71st SBI Art Auction | LIVE STREAM AUCTION" sale held on April 11 and 12.
Auction result is now available on our website.

Total Sales: 207,874,000 JPY
Lots sold: 90.6%

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

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



Lot. 271
NAGAI Hiroshi
Untitled
1,000,000 - 1,500,000 JPY
Price Realized 18,975,000 JPY



Lot. 343
Henri MATISSE
16 plates from the portfolio "Jazz" (Duthuit No. 22)
4,000,000 - 7,000,000 JPY
Price Realized 13,800,000 JPY



Lot. 349
Ben VAUTIER
I want to do art. but I don't know what is art.
600,000 - 900,000 JPY
Price Realized 2,300,000 JPY



Lot. 258
YAMAMOTO Hiroki
Remains of the day
3,500,000 - 5,500,000 JPY
Price Realized 4,600,000 JPY



Lot. 263
MATSUYAMA Tomokazu
Spotlight Seduction
6,000,000 - 9,000,000 JPY
Price Realized 9,545,000 JPY



Lot. 256
NAKAZONO Koji
Untitled
800,000 - 1,400,000 JPY
Price Realized 2,127,500 JPY



Lot. 281
KYNE
Untitled
3,000,000 - 5,000,000 JPY
Price Realized 4,830,000 JPY



Lot. 257
IMAI Ulala
BANANA
1,500,000 - 3,000,000 JPY
Price Realized 3,680,000 JPY



351
KAWS
KAWS Bronze
2,500,000 - 3,500,000 JPY
Price Realized 2,875,000 JPY

◆Upcoming auctions and deadline for consignment
The 72nd SBI Art Auction
Date: Friday, May 23 and Saturday, May 24, 2025.
Deadline for consignment: Closed

The 73rd SBI Art Auction
Date: Saturday, July 12 and Sunday, July 13, 2025.
Deadline for consignment: Mid-May, 2025

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AUCTION - 2025.03.10

【Results & Invitation to Consign】The 70th SBI Art Auction | Tokyo Contemporary: Redefined

Thank you for partaking in our "The 70th SBI Art Auction | Tokyo Contemporary: Redefined" sale held on March 8.
Auction result is now available on our website.

Total Sales: 700,430,500 JPY
Lots sold: 94.6%

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

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



Lot. 044
Andreas GURSKY
Em Arena II, Amsterdam
20,000,000 - 25,000,000 JPY
Price Realized 23,000,000 JPY



Lot. 046
Jack PIERSON
Hope
5,000,000 - 8,000,000 JPY
Price Realized 12,650,000 JPY



Lot. 054
Ed RUSCHA
That Was Then This Is Now
3,000,000 - 5,000,000 JPY
Price Realized 9,775,000 JPY



Lot. 055
Donald JUDD
Untitled (Schellmann-Jitta 298 - 301)
8,000,000 - 14,000,000 JPY
Price Realized 24,150,000 JPY



Lot. 056
Jean-Michel BASQUIAT (After)
Cabeza, from Portfolio II
6,000,000 - 12,000,000 JPY
Price Realized 28,750,000 JPY



Lot. 006
NISHIMURA Yu
runaway
1,500,000 - 2,500,000 JPY
Price Realized 7,705,000 JPY



Lot. 001
NARA Yoshitomo
The Little Thinker (No. YNF5386)
4,000,000 - 7,000,000 JPY
Price Realized 12,075,000 JPY



Lot. 034
KUSAMA Yayoi
Pumpkin
60,000,000 - 90,000,000 JPY
Price Realized 111,550,000 JPY


Lot. 038
LEE U-fan
Correspondance
4,000,000 - 7,000,000 JPY
Price Realized 11,500,000 JPY



Lot. 003
OKAZAKI Kenjiro
ぶらりぶらり手ばなし/手鞠り
800,000 - 1,400,000 JPY
Price Realized 3,220,000 JPY



Lot. 014
SENJU Hiroshi
Waterfall
6,000,000 - 12,000,000 JPY
Price Realized 16,100,000 JPY



Lot. 013
KURODA Taizo
1-8. UNTITLED WHITE PORCELAIN (HANAIRE)／9. WHITE PORCELAIN VASE (HANAIRE)
2,000,000 - 3,000,000 JPY
Price Realized 18,975,000 JPY

◆Upcoming auctions and deadline for consignment
The 71st SBI Art Auction | LIVE STREAM AUCTION
Date: Friday, April 11 - Saturday, April 12, 2025
Deadline for consignment: Closed

The 72nd SBI Art Auction | Modern and Contemporary Art
Date: Friday, May 23 - Saturday, May 24, 2025
Deadline for consignment: Late March, 2025

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AUCTION - 2025.01.28

【Results & Invitation to Consign】The 69th SBI Art Auction | Modern and Contemporary Art

Thank you for partaking in our "The 69th SBI Art Auction | Modern and Contemporary Art" sale held on January 25 and 26.
Auction result is now available on our website.
Total Sales: 608,321,250 JPY
Lots sold: 93.9%


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

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



Lot. 085
KUSAMA Yayoi
Untitled
40,000,000 - 70,000,000 JPY
Price Realized 65,550,000 JPY



Lot. 031
YAMAGUCHI Takeo
Small Window
8,000,000 - 14,000,000 JPY
Price Realized 20,125,000 JPY



Lot. 086
NARA Yoshitomo
In the Floating World (Complete set of 16) (YNF2558 - 2573)
15,000,000 - 25,000,000 JPY
Price Realized 29,900,000 JPY



Lot. 087
NARA Yoshitomo
Fire Mountain (No. YNF5387)
2,500,000 - 3,500,000 JPY
Price Realized 7,820,000 JPY



Lot. 005
Andy WARHOL
Chicken Noodle, from Campbell's Soup I (F. & S. Ⅱ.45)
5,000,000 - 8,000,000 JPY
Price Realized 11,500,000 JPY



Lot. 009
Gerhard RICHTER
Haggadah (P2)
2,000,000 - 3,000,000 JPY
Price Realized 5,750,000 JPY



Lot. 112
ROKKAKU Ayako
Untitled
8,000,000 - 14,000,000 JPY
Price Realized 16,100,000 JPY



Lot. 156
Mr.
On The Riverwalk, A Girl Lit From Behind. Was It An Illusion?
900,000 - 1,400,000 JPY
Price Realized 4,600,000 JPY



Lot. 096
NAWA Kohei
PixCell-Toy-Miffy #7
1,500,000 - 2,500,000 JPY
Price Realized 2,875,000 JPY

◆Upcoming auctions and deadline for consignment
The 70th SBI Art Auction | Bloom Now
Date: Saturday, March 8, 2025
Preview: Thursday, March 6 - Saturday, March 8, 2025
Deadline for consignment: Closed

The 71st SBI Art Auction | LIVE STREAM AUCTION
Date: Friday, April 11 - Saturday, April 12, 2025
Deadline for consignment: Mid-February, 2025

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AUCTION - 2024.10.28

【Results & Invitation to Consign】The 68th SBI Art Auction | Modern and Contemporary Art

Thank you for partaking in our "The 68th SBI Art Auction | Modern and Contemporary Art" sale held on October 25 and 26.
Auction result is now available on our website.

Total Sales: 1,529,592,000 JPY
Lots sold: 90.3%
Sold 90.3% of lots offered
The final sale of 2024 achieved JPY1,529,592,000.
Highest lot sold is Lot.219 Yayoi Kusama’s "Pumpkin" which fetched JPY247,250,000. 

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

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



Lot. 219
KUSAMA Yayoi
Pumpkin
150,000,000 - 250,000,000 JPY
Price Realized 247,250,000 JPY



Lot. 220
KUSAMA Yayoi
Infinity Nets
120,000,000 - 220,000,000 JPY
Price Realized 143,750,000 JPY



Lot. 218
KUSAMA Yayoi
Pumpkins Self-obliteration
80,000,000 - 140,000,000 JPY
Price Realized 112,700,000 JPY



Lot. 173
Andy WARHOL
Marilyn Monroe (F. & S. Ⅱ.26)
15,000,000 - 25,000,000 JPY
Price Realized 26,450,000 JPY


Lot. 212
LEE U-fan
With Winds
15,000,000 - 25,000,000 JPY
Price Realized 34,500,000 JPY



Lot. 210
Ha Chong-hyun
CONJUNCTION 91 - 23
15,000,000 - 25,000,000 JPY
Price Realized 21,275,000 JPY



Lot. 183
MOTONAGA Sadamasa
Howa Howa
4,000,000 - 7,000,000 JPY
Price Realized 12,075,000 JPY


Lot. 196
NAKAMURA Hiroshi
School excursion
2,000,000 - 3,000,000 JPY
Price Realized 23,000,000 JPY



Lot. 307
Bernard BUFFET
Lauriers-roses, liliums et jonquilles
10,000,000 - 15,000,000 JPY
Price Realized 16,675,000 JPY



Lot. 248
KATO Izumi
Untitled
3,000,000 - 5,000,000 JPY
Price Realized 6,900,000 JPY



Lot. 269
ROKKAKU Ayako
Untitled
18,000,000 - 28,000,000 JPY
Price Realized 30,130,000 JPY




Lot. 275
NISHIMURA Yu
girl
2,500,000 - 3,500,000 JPY
Price Realized 8,855,000 JPY

◆Upcoming auctions and deadline for consignment
The 69th SBI Art Auction | Modern and Contemporary Art
Date: Saturday, January 25 - Sunday, January 26, 2025
Preview: Wednesday, January 22 - Saturday, January 26, 2025
Deadline for consignment: Mid-November, 2024

The 70th SBI Art Auction | Tokyo Contemporary: Redefined
Date: Saturday, March 8, 2025
Deadline for consignment: Late November, 2024

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AUCTION - 2024.10.07

[Highlight] NAKAMURA Hiroshi | School excursion | OCTOBER 2024 Modern and Contemporary Art

In February 1964, Hiroshi Nakamura held a solo exhibition titled "Kannen Kaiga (Conceptual Paintings)." Between 1964 and 1966, in collaboration with Kōichi Tateishi, Nakamura founded the Sightseeing Art Research Institute and engaged in joint artistic endeavors. During this period, they crafted the Kankō geijutsu (sightseeing art) manifesto, where they redefined the concept of "tourism." They proposed that tourism extends beyond mere sightseeing at physical destinations to encompass the inner transformation experienced through observation. They argued that Kankō geijutsu is realized by transposing the transformed observer's internal world onto a painting's physical surface.

During the years the Sightseeing Art Research Institute was active, Japan was undergoing rapid economic growth, highlighted by advancements such as the inauguration of the Shinkansen and the expansion of public transportation. This era also saw the popularization of tourism and school excursions. One of Nakamura's notable works from this time is School excursion (1966), depicting schoolgirls in sailor uniforms engaging playfully with the noise inside a train running along the seaside. The depiction of these girls, often one-eyed or faceless, became a recurring motif in Nakamura's 1960s oeuvre, symbolically reflecting his childhood trauma from wartime experiences.

This painting's surreal, fetishistic, and horror-laden imagery makes a profound impact. The train, typically a mechanical structure, is portrayed as a living organism, with its interior evoking a visceral, almost intestinal space. In contrast, the sailor uniforms' glossy, metallic-like texture mirrors the locomotive's mechanical aspects. This reversal of textures embodies the transformative philosophy of "tourism" as redefined by Nakamura and Tateishi, challenging viewers to reconsider their perceptions of reality.

* See Museum of Contemporary Art Tokyo (eds.), Hiroshi Nakamura: Pictorial Disturbances 1953-2007, Tokyo Shimbun, 2007, pp. 63-64.
** The translations of proper nouns used in this text are referenced from Yuri Mitsuda, "Trauma and Deliverance: Portraits of Avant-Garde Artists in Japan, 1955-1970," in Tokyo, 1955-1970: A New Avant-Garde (New York, NY: Museum of Modern Art, 2012), pp. 158-177.


Lot.169 NAKAMURA Hiroshi
School excursion
Oil on canvas
72.7 × 90.9 cm (28⅝ × 35¾ in.) (F30)
JPY 2,000,000 - 3,000,000
USD 13,700 - 20,500

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Bid Submission Deadline:
[Lot. 001-169] THURSDAY, OCTOBER 24, 2024, at 5:00 PM (JST)
[Lot. 170-310] FRIDAY, OCTOBER 25, 2024, at 5:00 PM (JST)

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