Tag - Kim Whan-ki Record

Kim Whan-ki painting sets new Korean art sale record

A painting by Korean abstract artist Kim Whan-ki (1913-1974) once again broke the record for the auction price of a Korean artwork, Sunday. Kim’s yellow-dotted oil painting “12-V-70 #172” was sold for HK$ 41.5 million (6.32 billion won) at Seoul Auction’s 20th Hong Kong sale at the Hong Kong Grand Hyatt, Sunday. It had an estimated price range between 4.5 billion and 5.8 billion won, but an Asian collector’s winning bid well exceeded that estimate. This breaks the previous record of [...]