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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)

Where to Look for Rising Stars Past & Present? Poland, Japan and the UK

March 17, 2017 by Marion Maneker

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Colin Gleadell combed through the London Contemporary art sales looking for significant sales and price movements:

With a record £413,000 for Polish American pop artist Wojciech Fangor, Bonhams could be about to become a contender in this market.

Some younger British artists made record prices during the day sales:Continue Reading

Shiraga and Gutai Market Tread Water Waiting for Breakout

March 6, 2017 by Marion Maneker

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Colin Gleadell gives a pocket market history of how the Gutai painters were ‘discovered’ in recent years and charts their exhibition and price progression. Kazuo Shiraga has been the dominant figure among the artists. Alex Vervoordt, Robert Mnuchin and Dominique Levy were among the key dealers.

Last year, the sales and price trajectory seemed to peter out. The market is shifting back to Asia at auction but there’s a gallery show in London:Continue Reading

A Taste for Gutai

January 13, 2014 by Marion Maneker

Kazuo Shiraga, Chiretsusei Katsusemba (€450-650k) €1.66m
Kazuo Shiraga, Chiretsusei Katsusemba (€450-650k) €1.66m

Georgina Adam points to the gathering momentum around the Japanese Gutai movement with a number of works being lined up for the London Art Fair this week:

“It used to be convenient to see Gutai as a poor relation of Abstract Expressionism but now we realise how innovative the artists were, and interest is widening,” says adviser Allan Schwartzman, who has been buying Gutai with the leading Dallas collector Howard Rachofsky. Among the artists Whitestone is bringing are Atsuko Tanaka, one of the original members of the group. The top result for a Gutai artist is now almost $4m, set for Kazuo Shiraga in New York last year; at the fair Whitestone is tagging its Shiraga at over $1m, while the Tanaka is above $500,000.

The Art Market: Japanese avant-garde in London (Financial Times)

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