SEOUL, March 16 (Korea Bizwire) — A national treasure that was up for auction by the financially struggling Kansong Art Museum but attracted no bids in January has recently found its new owner. Heritage DAO, a group of cryptocurrency-based investors who are cultural enthusiasts, has purchased the treasure and agreed to donate a 51 percent [...]
SEOUL, Jan. 27 (Korea Bizwire) — Two national treasures from the collection of the Kansong Art Museum were put on auction in Seoul on Thursday but failed to attract any bids. The two Buddhist relics — the Gilt-bronze Standing Buddha Triad with Inscription of Gyemi Year and the Portable Shrine of Gilt-bronze Buddha Triad — [...]
SEOUL, Aug. 24 (Korea Bizwire) – The National Museum of Korea (NMK) has purchased two rare ancient Buddhist statues that were recently put up for sale in the auction market but failed to attract bidders, according to the museum on Monday. The state-run museum has recently purchased two statues — the Gilt-bronze Standing Buddha and the [...]
SEOUL, May 27 (Korea Bizwire) — High-profile auctions of two ancient Buddhist treasures in Seoul on Wednesday failed to attract any bidders. The auctions of Gilt-bronze Standing Buddha and Gilt-bronze Standing Bodhisattva, both owned by Kansong Art Museum, were held at the K Auction headquarters in southern Seoul. Bidding began at 1.5 billion won (US$1.23 [...]