Sotheby’s has placed 18 works in its Hong Kong Maison and given the exhibition a name that will make the art market’s heart race: PSYCHO. This is not Hitchcock’s film, nor Bret Easton Ellis’s controversial novel—though first editions of both have been placed in display cases. Sotheby’s Hong Kong’s biannual curated exhibition is this time titled “PSYCHO: Identity, Alienation, Shadow, Duality”, using art and literature together to ask one central question: Where do the things suppressed by everyday order go?



The exhibition is anchored by two monumental works. One is Mark Rothko’s Untitled (Plum and Dark Brown) from 1964, standing over two meters tall, its plum-purple and dark-brown color fields hovering in near silence on the canvas. Created shortly before he began preparing the Rothko Chapel in Houston, its simplified palette and enveloping scale foreshadow the most introspective direction of his late career. It is estimated at HK$78 million to HK$128 million. The other is Yoshitomo Nara’s The Crated Room in Iceland / Drawing Room (2009). This installation is one of seven “Crated” series works created under the collective name “YNG” during Nara’s collaboration with design team graf. A wooden shipping crate is converted into an enclosed space containing 97 drawings, a chair, a CD player, and personal items; viewers can only peek through a small window. The work has previously been exhibited only once, at the Reykjavík Art Museum. After 17 years, it is being publicly unveiled again and entering the auction market for the first time, estimated at HK$45 million to HK$65 million.



Juxtaposing Rothko and Nara is itself a dialogue on surface and shadow. Rothko dissolves all personal gesture into pure color fields, pressing raw emotion into layer upon layer of thin paint; Nara’s big-eyed children, meanwhile, often conceal knives in their hands. The former represents a silence that collapses inward; the latter, an underlying unease beneath sweet packaging. Sotheby’s curatorial logic is crystal clear: these two distinct paths ultimately arrive at the same destination—the obscured corners of the human psyche that remain hidden from sight.

The literary dimension of the exhibition is equally noteworthy. First editions of Bret Easton Ellis’s American Psycho and Robert Burton’s 17th-century The Anatomy of Melancholy are displayed side by side, drawing the textual traditions of alienation and despair into the same physical space. Tetsuya Ishida’s Can’t Fly Anymore (1996) places his recurring everyman figure inside a rusted pirate-ship amusement ride—where an attempt at flight becomes a poignant commentary on confinement. It is estimated at HK$6 million to HK$8 million.
The exhibition runs until September 27, after which Rothko’s and Nara’s works will officially go under the hammer at the Modern and Contemporary Art Evening Sale on September 28. The boundary between curation and commercial auction is deliberately blurred: you first spend quiet time alone with these works in the gallery, then watch them transform into astronomical figures under the gavel. Sotheby’s makes no attempt to pretend these two realms are separate; it places psychological exploration and price discovery in the exact same room.
FAQ
Q: When and where is Sotheby’s PSYCHO exhibition taking place?
A: The exhibition is held at Sotheby’s Hong Kong Maison and runs until September 27, 2026.
Q: What are the estimate and auction details for Yoshitomo Nara’s The Crated Room in Iceland / Drawing Room?
A: The work is estimated at HK$45 million to HK$65 million. It has previously been exhibited only once, at the Reykjavík Art Museum. After 17 years, it is being shown publicly again and entering the auction market for the first time, going under the hammer at the Modern and Contemporary Art Evening Sale on September 28.
Source: sothebys
Tags: #Art #Exhibition #Event #Design