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Korean Galleries Association to Inquire about Painting Authenticity with LACMA

Korean Galleries Association to Inquire about Painting Authenticity with LACMA

SEOUL, Apr. 5 (Korea Bizwire) — The Galleries Association of Korea said Friday it plans to send an official letter to the Los Angeles County Museum of Art (LACMA) concerning the authenticity of four Korean paintings currently on display, the association said Friday. The paintings under suspicion of being forgeries include Park Soo-keun’s “Waikiki” and [...]

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, [...]

Korean Art Market Revitalized

Korean Art Market Revitalized

SEOUL, July 12 (Korea Bizwire) – After years of downturn, the Korean art market is prospering once again. According to the Asian Art Market 2015 report, last year’s total bids at seven domestic art work auctioneers totaled 189.23 billion won ($165 million). Revenue was close to 2007’s 192.66 billion, which was the most prosperous year [...]

Joan Miró Exhibition Opens in Seoul

Joan Miró Exhibition Opens in Seoul

SEOUL, June 27 (Korea Bizwire) – Seoul’s Sejong Center, along with the Joan Miró Mallorca Foundation, is hosting an exhibition of works by Joan Miró, an internationally acclaimed Spanish painter, sculptor, and ceramicist from Barcelona.  The exhibition, titled ‘Miró In Mallorca. A Wild Spirit’, is by far the largest in terms of size among any other [...]