ART NEWS – Before 2023, Takako Yamaguchi’s work was little-known to market observers, selling mainly in smaller auction houses in the low five figures. But in the past year alone, the 72-year-old Los Angeles–based, Japanese-born artist has seen several of her paintings appear in high-profile sales at bigger auction houses, one of them taking in more than $1 million. Next week, several of her works will go on the block in evening sales at Christie’s and Sotheby’s, alongside those by fast-rising emerging artists, showing that Yamaguchi’s paintings, some of which are on view in the current Whitney Biennial, have become an unexpected market phenomenon.
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