8 artists who had moments of escape this spring auction season

Japanese artist MADSAKI has built a huge global following with his distinctive and irreverent appropriation paintings, which often feature pop cultural images executed with spray paint. Her latest solo show with Perrotin, which closed at the gallery’s New York complex last week, included footage from vintage sports photography, ads for Marlboro and McDonald’s, and the music video for “Smells Like Teen Spirit” of Nirvana. But within his vast body of work, no series is more sought after than the “Wannabie” works featuring his distinctive renditions of famous paintings in the history of art. The artist’s top 10 auction results include riffs on iconic paintings by,, and, as well as a flowery tribute to. For the centerpiece of its 2018 exhibition in the Parisian space of Perrotin, brazenly titled “Fries with mayonnaise”, MADSAKI tackled perhaps the most French painting of all time, ‘s Liberty Leading the People (1830).

The Asian collector who bought Liberty Leading the People II (Inspired by Eugène Delacroix) (2018) three years ago entrusted it to Christie’s, who offered it at their 20th and 21st Century Art Night Sale last month in Hong Kong with an estimate of HK $ 1-2 million. (between $ 128,000 and $ 257,000). It eventually sold for HK $ 4.1 million (US $ 531,000), breaking MADSAKI’s auction record of HK $ 3 million (US $ 383,000), set in November 2019. The This huge result is in line with the artist’s current market: during the Christie’s sale the next day. , an untitled 2019 painting of a nostalgic scene of suburban childhood nostalgia also doubled its high estimate, selling for HK $ 1.6 million (US $ 209,000), good for the 13th auction result of the artist.

These prices are in line with MADSAKI’s primary market. At the Art Basel fair in Hong Kong last month, artist’s Japanese gallery, Kaikai Kiki, offered an untitled 2020 painting for $ 120,000 and two recent sculptures for prices between $ 50,000 and $ 70,000. On Artsy, interest in the artist increased dramatically in 2020, as the number of collectors inquiring about his work quintupled from year to year.

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