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art market minute jul 21

Emily Kam Kngwarray, the prolific Aboriginal artist who began painting in her 70s, is receiving belated international recognition nearly two decades after her death. A landmark survey of her work is currently on view at Tate Modern in London, while major galleries and auction houses are selling her pieces for record prices. The article, part of Artnet News's 'Art Market Minute' series, examines which of Kngwarray's works fetch the highest prices and where market growth potential remains.

Kim Whan-Ki's 19-VI-71 #206 to be Auctioned at Christie's New York 20th Century Evening Sale - Christie's

Christie's New York will auction Kim Whan-Ki's 1971 painting *19-VI-71 #206* (estimate $7.5–10 million) on 17 November 2025 as part of its prestigious 20th Century Evening Sale. This marks the first time a Korean artwork has been included in this marquee sale, placing the piece alongside works by Pablo Picasso, Marc Chagall, Joan Mitchell, and David Hockney. The painting, from the artist's New York period, is one of only 30 large-scale 'dot paintings' exceeding 200 cm and was created in the same year as his record-setting *05-IV-71 #200 (Universe)*, which sold at Christie's Hong Kong in 2019 for over HK$100 million.