8 Press Releases

Tag: Kim Whan-ki

  • Artists

    Park Seo-bo, Monochromatic Master Who Introduced Korean Art to the World, Has Died

    Park Seo-bo, a monochromatic artist representing Korean abstract art, passed away on October 14, 2023. He was 91 years old. The artist, who announced he had third stage lung cancer in February, was a painter who continued to create throughout his illness. Image courtesy of Park Seo-bo Foundation. The name…

  • Auction Industry

    Korea’s Modern and Contemporary Art Auctions Heat Up Ahead of Frieze Seoul

    Modern and contemporary art from Korea and abroad will be auctioned in August ahead of large-scale art fairs (Frieze Seoul & Kiaf) in September. Two sales from K Auction and Seoul Auction are expected to be centered on works with marketability that has been verified amid the adjustment of the…

  • Auction Industry

    K Auction to Sell Modern and Contemporary Korean Art This July

    As the market heads into the second half of 2023, reports show that the Korean art auction market is shrinking significantly from the same period last year. Some auction houses are looking to change that trend. This July, K Auction will auction 101 works, including Kim Whan-ki's New York-era works,…

  • Auction Industry

    Ice Age in the Korean Art Auction Market: Transaction Volume Down 44% From 2022

    The Korean art auction market shrank significantly in the first half of 2023, reports show. The Korea Art Price Appraise Association said in a report titled "First Half of the Year 2023 Settlement of the Domestic Art Auction Market" that the total market transaction amount in the first half of…

  • Auction Industry

    Korean Art Market Surpassed $800 Million For the First Time in 2022

    The Korean art market seems to have reached nearly USD 800 million (KRW 1 trillion) in trading at the end of 2022. This is the result of the explosive expansion of transactions that began in 2021. However, the market is expected to freeze sharply in the aftermath of the global…

    Korean Art Market Surpassed $800 Million For the First Time in 2022-2
  • Auction Industry

    Korea Art News: Korean Art Auction's Highest Bidders Appear in Three Years

    During a Christie's Hong Kong auction on November 23, 2019 at the Grand Hall of the Hong Kong Convention and Exhibition Centre (HKCEC), there was a fierce competition between the floor and telephone bidding lasting more than ten minutes for an artwork. The auction price, which started at about HKD…

    Korea Art News Korean Art Auctions Highest Bidders Appear in Three Years-1
  • Artists, Auction Industry

    Artist to Know: Choi Wook-kyung

    Rago/Wright to Present Untitled Paintings by South Korean Expressionist South Korean artist Choi Wook-kyung often joked about her tenuous relationship with traditional gender roles. She sometimes gave her abstract paintings defiant or provocative titles, like La Femme Fâché (The Angry Woman). Choi was deeply conscious of the political and artistic…

    Artist to Know Choi Wook-kyung1
  • Auction Industry

    Artist to Know: Kim Whan-ki

    Vallot Auctioneers Brings Work From the “Godfather of Korean Monochrome Art” While the European art market focused on Pablo Picasso, Marcel Duchamp, and Mark Rothko, South Korean visual artist Kim Whan-ki was building a fresh interpretation of Modernism. Inspired by the Color Field painters, Kim forged a strong connection with…