Hokusai ‘Great Wave’ Print Sells for $1.6 M. at Christie’s, Setting Record

On Tuesday, an auction of Japanese and Korean Art during Christie’s Asia week sales in New York achieved a total of $9.7 million across 187 lots. The sale realized an 85 percent sell-through rate and set two world records for Japanese masters.
Katsushika Hokusai’s woodblock print Under the Well of the Great Wave off Kanagawa, made sometime around 1831, sold for the $1.6 million with buyer’s premium, 10 times its low estimate of $150,000. The scene, which is the Japanese painter