Yoshitomo Nara at Pace Gallery Following Market Explosion


9 January 2022

Yoshitomo Nara's innocent-looking yet menacing figures are coming into their last week at Pace Gallery's London space.⁠⁠

In recent years we have seen Nara's prices explode on the market. In April 2021, Nara's Berlin Barack, Room 1 (2007) sold for HK $120m (US $15.5m) at Poly Auction Hong Kong's Modern and Contemporary Art Sale, as reported in Ocula News.

In June last year, his spectacular 2000 acrylic on canvas, titled Missing in Action, was the undisputed star of the show at Philips Auction's Hong Kong sale, selling for almost $16m—a staggering result considering the work went for just over $3m with Phillips in 2015.

⁠⁠These results inevitably contributed to the 2021 Artprice art market report ranking Nara as the third highest-grossing living artist at auction (after Banksy and Gerhard Richter) having brought in almost $86 million.⁠⁠


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