Seoul Auction holds largest art auction since 2008


“Family” by Lee Jung-seop (Seoul auction)

The Seoul Auction announced on Friday that it will hold its 161st major art auction on June 22nd.

Works by famous Korean and international artists are for sale, a total of 204 modern and ancient works with an estimated total value of 23 billion won ($ 20.68 million).

According to Seoul Auction, this is the highest amount for a single auction in South Korea since the 2008 financial crisis.

The works of renowned Korean modern artists include Lee Jung-seop’s oil painting “Family”, abstract paintings by Kim Whan-ki and mixed-media works of art by the late Paik Nam-june.

Foreign works include “Le couple au-dessus” by the Russian-French surrealist painter Marc Chagall and the iconic pumpkins by the Japanese Yayoi Kusama.

“Le couple au-dessus” by Marc Chagall (Seoul auction)

Antique works of art looking for new owners at auction next week include Chung Sun’s “Landscape” and the 3-meter painting “Landscape of Haegumgang” by Kim Kyu-jin, a late 19th century calligrapher and painter.

The preview opened on Wednesday and runs until June 22nd in the Gangnam branch of the auction house in southern Seoul from 10 a.m. to 7 p.m.

An online brochure was also made available on the Seoul Auction official website.

Seoul Auction was founded in 1998 and is one of the largest art auction houses in Korea. Buyers can bid online, over the phone, or in writing.

By Kang Jae-eun ([email protected])

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