K-Auction to Exhibit Blue Chips Including Park Seo-bo and Kim Chang-yeol Worth 8.9 Billion KRW
Seoul Auction Presents 143 Works by Park Saeng-gwang and Park Rae-hyun
Seoul Auction and K Auction, the two major art auction houses, will hold their first auctions of the year on the 23rd and 24th of this month.
K Auction announced on the 15th that it will hold its first major auction of the year on the 24th, featuring works worth approximately 8.9 billion KRW.
This auction will feature a total of 93 works seeking new owners, including six pieces by Park Seo-bo, as well as Lee Ufan’s "Jo-eung" (670 million to 750 million KRW), Kim Chang-yeol’s "Ongojisin" (600 million to 1 billion KRW), and Jang Uk-jin’s "Tree, Bird, and Hat" (200 million to 350 million KRW).
Among Park Seo-bo’s works, the large 120-ho color technique piece "Myobeop No. 080612" (580 million to 800 million KRW) will be featured, along with a relatively lower-priced 1-ho work "Myobeop No. 950618" (40 million to 100 million KRW). Numerous works from Lee Bae’s "Bulrobut" series will also be exhibited, as well as pieces by Lee Gun-yong, Lee Kang-so, and Choi Young-wook.
Among foreign works, Ayako Rokkaku’s "Untitled" (390 million to 800 million KRW), Damien Hirst’s "1,3-Dicaprin" (100 million to 200 million KRW), and Alexander Calder’s "Dolmens" (120 million to 250 million KRW) will be auctioned. Additionally, edition works by masters such as David Hockney, Yayoi Kusama, and Yoshitomo Nara will be showcased.
The works up for auction can be viewed free of charge without reservation at the K Auction exhibition hall from the 13th to the 24th. During the preview period, the exhibition hall is open daily from 10:30 AM to 6:30 PM.
Seoul Auction is focusing on colored Oriental paintings for its first auction of the new year. Amid ongoing efforts in the art market to discover "K-Art" artists following monochrome paintings, the auction highlights Oriental painters who combine exotic motifs with Korean folk materials. A total of 143 works by colored Oriental painters Park Saeng-gwang (1904?1985) and Park Rae-hyun (1920?1976), valued at approximately 6.2 billion KRW, will be auctioned.
Seoul Auction announced that it will conduct a "live auction" of works by the two artists Park Saeng-gwang and Park Rae-hyun on the 23rd. This auction will be held without on-site attendees. Bidders can participate by submitting bids in writing, by phone, or online while watching the live broadcast on the Seoul Auction website.
Park Saeng-gwang’s works include 81 pieces utilizing deep obangsaek colors, such as the late works from the "Mudang" series inspired by the shaman Kim Geum-hwa and her rituals, as well as "Baegundae Insu Peak at Sunset," "Flower Palanquin," and "Tohamsan."
Park Rae-hyun’s works include the 1956 piece "Early Morning" (500 million to 650 million KRW), which won the Presidential Award at the Korea Fine Arts Association Exhibition, the 1940s work "Danjang," and 62 major works from various periods showcasing his overall artistic career, including abstract paintings, prints, and tapestries from the 1960s onward, all seeking new owners.
The exhibited works can be viewed free of charge at the Seoul Auction Gangnam Center until the auction day on the 23rd.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
