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Art as investment

Another Park Soo-keun under the hammer

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by Philip Gowman on 16 September, 2009

in Christie's, Events news, General arts news, Park Soo-keun

It seems to be a quite frequent event nowadays: a work by one of Korea’s most popular and most expensive modern artists comes up for sale in a US saleroom. And so it is that another Park Soo-keun comes under the hammer at Christie’s New York tomorrow, with an estimated price tag of up to [...]

Tagged as: Art as investment, Moon jar

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Suh Do-ho doubles estimate

4 July 2009 Back Seung-woo
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The Christie’s sales of Korean artworks – and photography in particular – which took place on 1 July had mixed results.
While the more expensive pieces made their estimates – and in the case of Suh Do-ho’s Some / One the hammer price came in at twice the estimate – some of the more entry-level works [...]

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Distinctively Korean sales at Christie’s

28 June 2009 Back Seung-woo
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Coinciding with the interest in Korean art being generated by the Korean Eye: Moon Generation exhibition in the Saatchi gallery, Christie’s are holding an auction of contemporary photography on 1 July, in a sale which includes several Koreans who have featured on the pages of LKL.
Probably the most eminent of the photographers represented is Bae [...]

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London salerooms get Korean bug

24 June 2009 Christie's
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Two of London’s main art dealers and auction houses are majoring in Korean art at the moment. Phillips de Pury, tucked in behind the old Army & Navy store in Victoria, has an exhibition and sale of major contemporary artists which it hopes will become an annual event, while Christie’s is preparing for an auction [...]

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Linda Wrigglesworth collection under the hammer

4 November 2008 Asian Art in London
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A collection of Korean fabrics and costume – chogakpo, hanbok – is to be auctioned at Christies on 6 Nov 2008

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A Park Soo-keun comes up for sale

30 September 2008 General arts news
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“80% of Korean art buyers are pure speculators”, says Juhl Joohyun Lee, director of Arario Gallery. And with Lee Kun-hee having stepped down from the chairmanship of Samsung and allegations flying that an illegal slush fund was used to buy works for his wife’s Leeum museum, Samsung has stopped buying art. So says the FT [...]

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Recycled jeans raise $232,000

27 May 2008 Choi So-young
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Records were tumbling at the Christie’s auction of contemporary Asian art in Hong Kong on 24 May. As was to be expected, most attention (and cash) was focused on Chinese artists, but auction records were also set for individual artists from Indonesia, India and South Korea.
One of the Korean artists featured was Choi So-young (b [...]

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New record price for Korean painting

29 May 2007 General arts news

Every few months there’s another news item in the Korean press about a new domestic record price paid at auction for a Korean painting. And each time, the artist is Park Soo-keun (Bak Su-geun, 박수근) (1914-1965).
The most recent record was set this month (22 May), at W4.52bn:

Park Soo-keun: A Wash Place (Oil on canvas, 37 [...]

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The Rise of the Korean Art Market

30 January 2007 Events news

The Korea Times records how the Korean Art market is beginning to boom. Perhaps carried on the coat-tails of the ebullient Chinese art market, prices for major Korean artists are edging up. Lee Ufan is one of the hot artists, and also Park Soo-keun, Kim Whanki and Chang Uc-chin. And last year Elton John made [...]

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Korean art the latest hot investment

3 April 2006 Bae Bien-u

Elton John profits from his investment in the work of Korean photographer Bae Bien-u

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