Tag: Lee Ufan

• AuctionDaily

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  Auction Industry

  Contemporary Masterpieces at Auction in Korea This March

  Works by domestic and foreign artists representing contemporary art will be auctioned in March at K Auction and Seoul Auction, the two largest auction houses in Korea. French abstract painter Bernard Frize's Gawk. Image courtesy of K Auction. K Auction will present 98 pieces, worth about $5.7 million, at its headquarters…

  Mar 20, 24

• AuctionDaily

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  Auction Industry

  Seoul Auction and K Auction Offer Notable Artworks in Last Sales of 2023

  Works by Kim Whan-ki from his New York period, as well as works by monochromatic master Park Seo-bo, who recently passed away, will find a new owner during Seoul Auction’s last sale of 2023. Seoul Auction will hold an event on December 19, 2023 at Gangnam Center in Seoul with…

  Dec 15, 23

• AuctionDaily

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  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,…

  Jul 25, 23

• AuctionDaily

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  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…

  Jul 10, 23

• AuctionDaily

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  Auction Industry

  How Will the Market React to Korean Experimental Art? Works by Kun Yong Lee, Kim Whan-ki at K Auction

  While the National Museum of Modern and Contemporary Art (MMCA) is holding an exhibition titled "Only the Young: Experimental Art in Korea 1960s-1970s," Korean experimental art will also be shown through an upcoming auction. It marks the return and re-examination of experimental art, filling a gap in Korean contemporary art.…

  Jun 28, 23

• AuctionDaily

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  Auction Industry

  Kim Whan-ki's New York-Era Works to Sell at Auction

  Works painted by Korean abstract artist Kim Whan-ki during his time in New York will soon appear at auction. Artist Kim is the highest-priced artist in Korean art auction history, and his work Universe was sold for about HKD 88 million (KRW 13.2 billion, excluding purchase fees) with Christie's Hong…

  May 26, 23

• AuctionDaily

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  Auction Industry

  A Buyer’s Market: Total Amount of Successful Bids for Korean Art Auction Market in 4Q 2022 Decreased by 61%, KAAAI Says

  Recently, the Korean art auction market has turned to a buyer's market where buyers have priority in price negotiations. However, even in this aspect, the demand for works by Lee Ufan, a world-renowned artist, still remains. According to the Art Market Report 4th Quarter 2022 released by the Korea Art…

  Jan 23, 23

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