Hokusai's Great Wave Sells for Record Amount To Settle Billionaire's Debt

Sotheby's Hong Kong Just Broke a Record From Selling Hokusai's "The Great Wave"

Hot on the heels of last week’s New York sales, the art world continues its record-breaking streak, this time making a splash in Hong Kong. Sotheby’s Maison, synonymous with luxury and groundbreaking auctions, recently hosted the Masterpieces of Asian Art from the Okada Museum of Art Auction, delivering a “white-glove result” that sent ripples through the global art market. The total sales for the night hit an astonishing HK $688 million (US $88…

Hokusai's Great Wave Sells for Record Amount To Settle Billionaire's Debt

In a landmark auction of 125 Asian masterpieces at Sotheby’s Hong Kong on Saturday, Japan’s Okada Museum of Art achieved a stunning $88 million (plus fees) in sales. This figure significantly exceeded the presale estimate of $50 million, thanks in large part to the record-breaking performances of ukiyo-e masterpieces by Kitagawa Utamaro and Katsushika Hokusai, […] The post Hokusai’s Great Wave Sells for Record Amount at Sotheby’s Auction appeare…