The Gutai movement, through the global market’s perspective
Art Market | In December 1954, in a country still shaken by the trauma of the Second World War, Jiro Yoshihara (1905-1972) founded the Gutai movement around a gathering of roughly fifteen young artists. The movement’s longevity and its members’ plastic proposals made it the driving force of the Japanese avant-garde and one of the pioneering artistic movements of the 20th century. Despite its well-established reputation on the international art scene, its impact on the art market has only been recent.
An analysis of auctions involving first generation Gutai artists is illustrative of a clear upward trend in terms of volume and value of sales, particularly since 2014. Of 87 lots by Shozo Shimamoto (1928-2013) at auction in the 2008-2013 period, 52 were bought-in (remained unsold) and 20 were sold under the low estimate. Just a few years later, between 2014 and 2015, a radical shift took place whereby 48 Shimamoto pieces were sold for a total amount of $5,385,921. Likewise, from 2014 to the present day, 86 lots by […]
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