Art as investment

Six weeks after picking Shin Kwang-ho in their weekly series of artists to watch, Saatchi Online has selected another Korean artist to focus on: Han Jae-yeol. According to the website, much of his current work is influenced by his posting to Haiti while on National Service. “Amidst the devastation [after the 2010 earthquake] he was […]

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Art Basel launches in Hong Kong

by Philip Gowman 26 May 2013
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The Guardian has been covering Art Basel’s first fair in Hong Kong (23-26 May) in both its print edition (the Sunday Observer) and online. There are around 170 galleries represented, including eleven Korean galleries, and the picture which goes with the Guardian‘s main article is Arario’s stall featuring work by Gwon Osang. London’s Atlas Gallery […]

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Shin Kwang-ho is “one to watch”

by Philip Gowman 5 May 2013
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Each week, Saatchi Online showcases an emerging artist from around the world who is already garnering attention for their work. Taking inspiration from the Saatchi Gallery’s 25-year history of discovering new talent, ‘One To Watch’ presents some of the most exciting artists on Saatchi Online helping collectors to identify strong emerging talent. This week’s ‘One […]

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Some almost affordable Lee Ufan at Christies

by Philip Gowman 28 January 2013
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Some unusual and almost affordable Lee Ufan pieces are coming up for sale at Christie’s London on 14 February: an untitled charcoal on paper (55.2 x 73cm) work from 1984… and another similarly sized untitled work from 1977, ink and gouache on paper. Click on the links / images to find out more on the […]

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And for Christmas I’d like…

by Philip Gowman 26 September 2012
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If there are any chaebol bosses out there with 500 million won to spare, there’s an opportunity to buy me a nice Lee Ufan which would look very good above my fireplace at home. The auction is 12 October at Christie’s in London. Thank you. Keywords: Artists: Lee Ufan (이우환) Organisations and venues: Christie’s Other […]

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A Kim Whanki beats its sale estimate

by Philip Gowman 27 May 2012
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A rare Kim Whanki for sale at Christie’s Hong Kong: estimated to sell in the range of USD 71,000 to USD 97,000, actually sold for nearly 40% more – USD134,000 – at the 20th Century Asian Art sale on 26 May 2012. Keywords: Artists: Kim Whanki Organisations and venues: Christie’s Other tags: Art as investment

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Smugglers of NK paintings busted

by Philip Gowman 18 August 2011
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Do the math: on average one contraband North Korean landscape painting buys Kim Jong-il one bottle of brandy. (The article says the dealers’ “profits” amounted to around $24 per picture – assuming the margin is 50%, the amount the North Koreans get per painting is $24 per painting.) http://t.co/qmtXNfP # Keywords: General post tags: Art […]

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Kim Whanki and Lee Jung Seob in Christies Sale

by Philip Gowman 17 August 2011
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A late Lee Jung-seop work – Fighting Bulls, 1955 – is coming up at Christie’s NY (14 Sept 2011). Estimate: a cool million. And double that for a gorgeous Kim Whanki (1913-1974) Landscape in Blue Keywords: Artists: Kim Whanki | Lee Jung-seob (이중섭) Organisations and venues: Christie’s Other tags: Art as investment

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Irrational exhuberance or sober restraint? The contrasting tastes of 18th century neighbours

by Philip Gowman 16 November 2010
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Leaving aside the question of whether you would fork out £53 million (including taxes and buyer’s premium) for an object that a careless cat could smash to smithereens in an instant, which vase would you rather have on your mantelpiece? On the left, the exhuberant, flamboyant, labour-intensive masterpiece produced by Qing dynasty ceramic artisans (and […]

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British galleries sell well at Korea International Art Fair

by Philip Gowman 19 September 2010
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British galleries sell well at Korea International Art Fair, according to the Korea Times (“Art market recovers but still has far to go”). But it’s the cheaper Damien Hirst prints that are selling, not the originals. http://bit.ly/an9c9L # Keywords: General post tags: Art as investment

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Buddhist art collection for sale

by Philip Gowman 30 August 2010
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The largest collection of Korean Buddhist paintings outside of Korea starts to come under the hammer at Christie's: The Jerry Lee Musslewhite Collection of Korean Art http://bit.ly/aCYEqu # Keywords: Organisations and venues: Christie’s Other tags: Art as investment | Buddhist art

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Lee Ufan and Paik Nam June in Christies sale

by Philip Gowman 14 June 2010
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Two Paik Nam June works and a Lee Ufan come up for sale at Christie’s on 1 July at the King Street branch http://bit.ly/9PurZ9 # : Lee Ufan (b. 1936): Correspondence. Oil and mineral pigment on canvas, 63¾ x 51 1/8in. (162 x 130cm.) Painted in 1995 Nam June Paik (1932-2006): Untitled. TV, neon tubing, […]

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Upcoming sale at Christie’s Hong Kong

by Philip Gowman 23 May 2010
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Some absolutely cracking Korean work for sale at Christie’s Asia Contemporary Art sale in Hong Kong, 30 May http://bit.ly/ccX9U3 # – including works by Chun Kwang-young, Kang Hyung-koo, Kim Dong-yoo and Yi Hwan-kwon. All four artists have exhibited in London, Chun Kwang-young via I-MYU Projects and the others at various Korean Eye exhibitions. Update: Between […]

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Another Park Soo-keun under the hammer

by Philip Gowman 16 September 2009
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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 […]

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Suh Do-ho doubles estimate

by Philip Gowman 4 July 2009
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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 […]

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Distinctively Korean sales at Christie’s

by Events Editor 28 June 2009
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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 […]

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London salerooms get Korean bug

by Philip Gowman 24 June 2009
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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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