Wikimedia Commons Two prints of Katsushika Hokusai’s The Great Wave will be auctioned next month and are expected to represent a rare bright spot in a moribund art market. The famous 19th-century woodcuts, full title Kanagawa-oki nami-ura or Under the Wave off Kanagawa, are among the most famous images in the world: They have been made into LEGO sets and used on the front of novels. The two images are estimated to fetch $500,000 to $900,000 each, although another print broke records and expectations in March by going for $2.8 million. The market for The Great Wave is “very, very good right now,” an auctioneer told ARTnews, but the art auction world as a whole is experiencing a sharp downturn, The New York Times reported. |