Art News. Vasari Codex

trending_up market schedule May 11, 2026 visibility 21

Comment | Flourishing markets beyond the big three will benefit the art ecosystem—and the planet

The article analyzes the shifting dynamics of the global art market, reporting that regions outside the traditional 'big three' hubs of the US, UK, and China have increased their market share from 17% in 2015 to 24% in 2025. This shift is driven by nationally protective regulations like Brexit and tariffs, which have stifled the free circulation of contemporary art. While the US market remains dominant at 44%, countries such as South Korea, Switzerland, Japan, and Australia have seen growth, and emerging cultural energy is noted in places like Bangkok, Warsaw, Margate, and Qatar.

newspaper The Art Newspaper open_in_new Read original

trending_up market schedule May 18, 2026 visibility 13 link 7 artists, 2 galleries

Korean modern masters lead K Auction’s May sale

K Auction will hold its May sale on May 27 at its headquarters in Sinsa-dong, Seoul, offering 83 works by Korean modern and contemporary masters with a combined estimated value of around 10.4 billion won. Highlights include Suh Do-ho's large-scale installation "Cause & Effect" (estimated 280 million to 600 million won), Kim Whan-ki's untitled 1969 painting from his New York period (estimated 780 million to 1.5 billion won), and Yoo Young-kuk's abstract landscape "Mountain" from 1988 (estimated 400 million to 800 million won). The sale also features works by Dansaekhwa artists Yun Hyong-keun, Park Seo-bo, and Lee Ufan, alongside contemporary artists Angel Otero, Anna Park, and Woo Kuk-won.

newspaper The Korea Herald open_in_new Read original

trending_up market schedule May 13, 2026 visibility 18 link 1 artist, 4 galleries

Huang Yulong 黄玉龙 | Top Dog (2020) | For Sale

Chinese artist Huang Yulong's 2020 sculpture 'Top Dog' is being offered for sale through NextStreet Gallery in Paris. The limited-edition aluminum work, measuring 80 × 50 × 30 cm, is hand-signed by the artist and includes a certificate of authenticity. Huang, born in 1983 in Anhui Province and a graduate of the Jingdezhen Ceramic Institute, is known for his sculptures of Buddhas in hoodies that blend Eastern tradition with Western contemporary style. The work is listed on Artsy with a price-on-request basis.

newspaper Artsy open_in_new Read original

trending_up market schedule May 26, 2026 visibility 6 link 12 artists

Seoul Auction vs. K Auction: May Major Auctions Through Modern Masters, Contemporary Installation, and Antique Art

In the final week of May 2026, South Korea's two leading auction houses, K Auction and Seoul Auction, will hold major sales one day apart. K Auction's May sale on May 27 features 83 works with an estimated value of KRW 10.4 billion, including Park Soo-keun's 'On the Way Home' (1964) and Do Ho Suh's large-scale installation 'Cause & Effect'. Seoul Auction's 192nd Art Auction on May 28 offers 145 works with a combined low estimate of KRW 10.3 billion. Both sales focus on proven artists and rare works rather than large-scale expansion, highlighting Korean modern masters like Kim Whanki and Yoo Youngkuk alongside contemporary international names.

newspaper K-ARTNOW open_in_new Read original

trending_up market schedule May 12, 2026 visibility 26 link 1 artist, 1 gallery

New Seoul art fair HIVE drops booth fees in market experiment

The inaugural HIVE Art Fair in Seoul, opening May 21 at COEX Magok, is testing an alternative business model that eliminates fixed booth fees. Instead, galleries can choose which services and installations to pay for through a "selective purchase system," with the fair relying on ticket sales, corporate partnerships, and promotional lounges for revenue. The fair features 48 galleries (36 South Korean, 12 international) and 158 artists, with no overlapping artists between galleries, and will display exhibition titles and curatorial statements alongside gallery names.

newspaper The Korea Herald open_in_new Read original

trending_up market schedule May 5, 2026 visibility 16 link 2 artists

Park Soo-keun's Early Recognition and Record-Breaking Art Sales

A newly discovered 1931 newspaper article reveals that the renowned Korean artist Park Soo-keun (1914–1965) received early public recognition as a teenager in the Chosun Ilbo, which described him as the "only painter in Yanggu." The article traces his artistic journey from his first selection at the Chosun Art Exhibition in 1932 with his watercolor *Spring Arrives* to his later success in the 1950s and 1960s, including winning awards at the National Art Exhibition and being appointed a judge. It also notes that his painting *The Laundry Place* recently sold for 4.7 billion won, setting a record at a domestic art auction.

newspaper 조선일보 open_in_new Read original