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Philip Guston's Market Has Never Reached the Heights of His Ab-Ex Contemporaries. But This Year's Controversy May Change That


Philip Guston,
Musa (1975). Photo: Jon Etter. © The Estate of Philip Guston Courtesy the Estate and Hauser & Wirth.
Most artists benefit from developing a signature style. Philip Guston refused, departing mid-career from the gestural flourishes that had become a hallmark of his abstract work in favor of symbolically charged figuration. For a while, that abrupt shift seemed to dampen his market but now, it is likely to secure his place not only in art history, but also in the art-market pantheon.
To date, Guston’s market has not reached the heights of fellow leaders of the New York School of Abstract Expressionism like Willem de Kooning, Mark Rothko, and Jackson Pollock. (The latter’s auction record is more than double Guston’s, at $58.4 million). Robert Manley, the worldwide co-head of 20th century and contemporary art at Phillips, says that while Guston was “as great an artist as any of them,” his market was initially impeded by the decision to change tack ....

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