An Under-Recognized 72-Year-Old Painter Makes Waves at Auction

Editor’s Note: This story originally appeared in On Balance, the ARTnews newsletter about the art market and beyond. Sign up here to receive it every Wednesday.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 b