Preliminary identification

Japanese Hanging Scroll Painting of Eguchi no Kimi on an Elephant, Utagawa School Style

Photo reference

5 uploaded photos

Overview

This hanging scroll (kakemono) depicts the courtesan Eguchi as the Bodhisattva Fugen, seated atop a white elephant while writing a waka poem on a scroll. Rendered in ink and color on silk, the painting features a signature reading 'Utagawa Toyohiro' (歌川豊広) accompanied by a red artist seal.

Story

In 12th-century Japan, a famous monk was refused shelter by a courtesan named Eguchi, sparking a poetic debate. This scroll captures the legendary moment she was revealed to be none other than Fugen, the Bodhisattva of Wisdom.

Maker / Origin

The signature reads Utagawa Toyohiro (1773–1828), a celebrated Edo-period ukiyo-e artist and the teacher of the legendary landscape master Hiroshige. Toyohiro was famous for his elegant, slender depictions of beautiful women (bijin-ga).

Condition & Value

The painting shows minor foxing, light creasing, and age-related toning consistent with a late 19th or early 20th-century scroll. There is a small tear or wear spot near the bottom edge of the mounting fabric. Overall, the colors remain vibrant and the silk is stable, meaning it does not require immediate conservation.

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Sold comps, value drivers, and venue guidance pulled from recent auction results.

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Market Analysis

Comparable demand stays strongest where maker, originality, and venue confidence line up. Broader examples still trade, but the range tightens quickly when provenance, condition, or selling lane fit is missing.

Value Drivers

  • Strong maker attribution with credible period details
  • Better-than-average condition for the category
  • Broader demand rises when presentation and finish feel intact

Concerns

  • Decorative-only demand limits the ceiling
  • Surface wear or missing provenance can compress the range fast
  • Regional sale lanes often underperform specialist venues

Best Venue

Specialty auction or a focused dealer with buyers already in this lane.

Comparable Sales

5 comps
Regional auction· Jun 2024
$1,280

Signed example with light edge wear and original frame.

Dealer archive· Mar 2024
$1,450

Comparable format with stronger provenance and cleaner surface.

Marketplace sale· Jan 2024
$980

Smaller related piece with visible craquelure and trimmed margins.

Estate platform· Oct 2023
$1,150

Period match with softer condition and weaker subject matter.

Auction result· Aug 2023
$1,375

Close market lane comp with similar material and presentation.