Art Market Monitor

Global Coverage ~ Unique Analysis

  • AMMpro
  • AMM Fantasy Collecting Game
  • Podcast
  • Contact Us

Reports of the Demise of Shiraga’s Market Are Greatly Exaggerated

June 16, 2017 by Marion Maneker

The Art Newspaper has a long market history of the rise of Gutai and, especially, Kazuo Shiraga on the market. The story frets that somehow the Shiraga and Gutai markets are teetering. The evidence presented turns out to be thin. Then there are the reports from Art Basel this week where Lévy Gorvy, Fergus McCaffrey and Hauser + Wirth all making sales of $3.5m, $5m and $2.8m respectively. Those don’t seem like prices that reflect a fall—or even a potential fall—in Shiraga’s market which backs up what the reporter was told:

Dominique Lévy, of Lévy Gorvy gallery, who entered the Gutai market around ten years ago, says, “What happened with Shiraga is unfortunate. He went from complete unknown to complete fever, and now to a very strange moment of calm.” She mounted a show at her London gallery in February and reports that two works sold “at what we consider market price—which is a bit less than it was a year or two ago… right now [the market is in] a bit of a quiet moment, but it doesn’t call into question the quality of the artist.”

Gutai’s spectacular rise—and potential fall (The Art Newspaper)

More from Art Market Monitor

  • Paris Contemporary Auction Analysis: Asian Artists, de Staël DominateParis Contemporary Auction Analysis: Asian Artists, de Staël Dominate
  • Where to Look for Rising Stars Past & Present? Poland, Japan and the UKWhere to Look for Rising Stars Past & Present? Poland, Japan and the UK
  • Shiraga and Gutai Market Tread Water Waiting for BreakoutShiraga and Gutai Market Tread Water Waiting for Breakout
  • A Taste for GutaiA Taste for Gutai
  • Sotheby’s Mei Moses Purchase Brings Remembrance of Indices PastSotheby’s Mei Moses Purchase Brings Remembrance of Indices Past
  • Sotheby's 20th C Design SaleSotheby's 20th C Design Sale

Filed Under: Artists, General Tagged With: Gutai, Kazuo Shiraga

About Marion Maneker

LiveArt

Want to get Art Market Monitor‘s posts sent to you in our email? Sign up below by clicking on the Subscribe button.

  • About Us/ Contact
  • Podcast
  • AMMpro
  • Newsletter
  • FAQ

twitterfacebooksoundcloud
Privacy Policy
Terms & Conditions
California Privacy Rights
Do Not Sell My Personal Information
Advertise on Art Market Monitor
 

Loading Comments...