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Lee Ufan’s Painting Sells for 3.1 bln Won, Setting Auction Record for Living S. Korean Artist

Lee Ufan’s Painting Sells for 3.1 bln Won, Setting Auction Record for Living S. Korean Artist

SEOUL, Aug. 25 (Korea Bizwire) — Lee Ufan’s painting titled “East Winds” has sold for 3.1 billion won (US$2.66 million), becoming the most expensive artwork by a living South Korean artist, an auction house said Wednesday. At an auction held in Seoul on Tuesday, the 1984 masterpiece broke the previous record of 2.2 billion won, [...]

Popularity of Online Art Auctions Soars

Popularity of Online Art Auctions Soars

SEOUL, Jan. 10 (Korea Bizwire) — The online art auction market has expanded despite a slump in the overall art market. The Korea Arts Management Service reported that a total of 26,668 artworks were presented at the 192 on-and-offline auctions hosted by eight local auction houses in 2019, 16,867 of which were sold. The success [...]

VistaJet Presents Exceptional Travel Experiences for the Collection of Peggy and David Rockefeller

VistaJet Presents Exceptional Travel Experiences for the Collection of Peggy and David Rockefeller

LONDON, Feb. 8 (Korea Bizwire) – VistaJet, the first and only global private aviation company, showcases today three exclusive experiences to enrich the exhibitions and global tour of The Collection of Peggy and David Rockefeller, the most valuable auction of a private collection entirely dedicated to raising funds for philanthropic causes.  Following the unveiling of early [...]

New Law to Root Out Counterfeit Artwork in Korea

New Law to Root Out Counterfeit Artwork in Korea

SEOUL, Oct. 6 (Korea Bizwire) – The Ministry of Culture, Sports and Tourism announced Thursday that it will legislate a new law regarding artwork distribution in an effort to root out the distribution of counterfeit works, recover public trust in Korea’s art market, and establish a healthy trading platform for creative crafts.  The law will [...]

Artprice: The Art Market 2013 +15% (Art Price Global Index) Best year ever – Art Market Report

Discover the Alchemy and the universe of Artprice http://web.artprice.com/video, which headquarters are the famous Museum of Contemporary Art, the Abode of Chaos http://goo.gl/mwsqp https://vimeo.com/87859684 SAINT-ROMAIN AU MONT, FRANCE, Mar 7, 2014 (Korea Bizwire) – As Artprice and Thierry Ehrmann, CEO and founder, had sensed, and indeed written, during 2013, year 2013 was indeed the best year [...]