The 1982 painting titled “Warrior” by Jean-Michel Basquiat (Image courtesy of Hyundai Card)
SEOUL, Aug. 25 (Korea Bizwire) —Prominent international art auction houses are poised to unveil a remarkable collection of artworks, each valued in the tens of billions of won, during the upcoming Frieze Seoul event—a renowned international art fair scheduled for early September in Seoul.
Hyundai Card Storage, an exhibition and cultural space situated in Hannam-dong, Yongsan-gu, Seoul
Notably, the art auction house Christie’s, in collaboration with Hyundai Card, will showcase a curated selection of pieces by globally acclaimed artists such as Jean-Michel Basquiat and Andy Warhol at Hyundai Card Storage, an exhibition and cultural space situated in Hannam-dong, Yongsan-gu, Seoul, from September 5 to 7.
Banksy’s renowned piece titled “Love is in the Bin” (Image courtesy of BANKSY 2023)
One of the highlights among the displayed artworks is a Basquiat masterpiece, the 1982 painting titled “Warrior,” which garnered substantial attention when it achieved a remarkable sale of $41.9 million at a Christie’s Hong Kong auction in 2021. This outstanding price, equivalent to approximately 47.2 billion won based on the exchange rate at the time, solidified its place as the most valuable Western artwork ever to be auctioned in Asia.
Hyundai Card Storage, an exhibition and cultural space situated in Hannam-dong, Yongsan-gu, Seoul
Meanwhile, in another showcase, Sotheby’s has partnered with Paradise City to present Banksy’s renowned piece titled “Love is in the Bin.” This intriguing artwork by the enigmatic “Faceless Artist” will be exhibited at the Paradise Art Space—a dedicated exhibition venue within Paradise City, located in Incheon—beginning September 5.
Last year’s art fair, “Frieze Seoul,” held at COEX in Gangnam-gu, Seoul, received a very positive response and is considered a success. On the left is Yukimasa Ida’s “About the Face. (Image courtesy of Yonhap)
Banksy gained widespread attention in 2018 when he activated a concealed shredder within the frame of his painting “Balloon and Girl,” moments after it was successfully auctioned at a Sotheby’s event in London, England. This unexpected incident resulted in roughly half of the artwork being shredded, leading to its subsequent renaming as “Love is in the Trash.”
Image credit” Hyundai Card, BANKSY / photonews@koreabizwire.com
