Art Market

A complete set of Hokusai prints sold for $3.5 million, breaking the artist’s auction record.

Maxwell Rabb
Mar 20, 2024 4:09PM, via Christie’s

Portrait of the auctioneer and deputy chairman of Christie’s Americas Tash Perrin, 2024. Courtesy of Christie’s Images Ltd. 2024.

Kicking off Christie’s Asian Art Week in New York, a complete set of Katsushika Hokusai’s “Thirty-six Views of Mount Fuji” achieved a landmark price of $3,559,000, setting a new auction record for the artist. This sale underscored the sustained demand for Hokusai’s work: Last year, a single print of The Great Wave off Kanagawa sold at Christie’s for $2.76 million, setting the artist’s previous auction record.

The complete set was amassed over a period of 11 years by collector Jitendra V. Singh, a former professor at the Wharton School of the University of Pennsylvania. “It is a once-in-a-generation honor to offer a complete set of Hokusai’s monumental Fuji series,” said Takaaki Murakami, head of Christie’s Japanese and Korean art department. “The record-setting result we achieved for the Thirty-Six Views and the strong prices for other important Hokusai prints continue our proud tradition of being the leading auction house for this artist.”

Katsushika Hokusai, Fugaku sanjurokkei (Thirty-six views of Mount Fuji), ca. 1830–34. Courtesy of Christie’s Images Ltd. 2024.

The auction, which featured an array of Japanese and Korean artworks, totaled $6,662,254, reaching 112% of its low estimate and 81% by lot. Among other notable sales was Hokusai’s Under the Well of the Great Wave of Kanagawa, which hammered $693,000. Other sales included Lee Ufan’s Untitled 1985 (1985), which doubled its low estimate at $138,000, and Utagawa Hiroshige’s Yellow rose (Yamabuki) and frogs (ca. 1832), which achieved more than 16 times its low estimate at $32,760.

Additionally, a number of Morita Shiryu works hammered significantly above their high estimates. Dragon (1996) fetched $100,800, well above its high estimate of $60,000, and Yaku (To Burn): Complete Combustion of All Fetters (1956), with a high estimate of $7,000, brought in $40,320.

Correction: A previous version of this article described Jitendra V. Singh as a professor at the Wharton School of the University of Pennsylvania. He is retired.

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Maxwell Rabb
Maxwell Rabb is Artsy’s Staff Writer.