Art Auctions in Q1 Exceed Bids from Last Year

SEOUL, April 6 (Korea Bizwire) — The booming art market in South Korea saw a surge in auction sales as of March. The Korea Arts Management Service reported that the total bidding price at 71 auctions led by 10 local auction houses during the first quarter of this year reached 78.5 billion won (US$64.4 million). [...]