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Twenty Billion Won for a Single Dot: Lee Ufan Masterpieces Head to Auction

South Korea’s leading auction houses, K Auction and Seoul Auction, are headlining their February sales with monumental works by Lee Ufan. Two rare, large-scale 'Dialogue' canvases featuring the artist's signature minimalist dots are expected to fetch significant sums, with estimates reaching up to 2.4 billion won. The auctions also feature major works by other Korean masters, including an early 1955 painting by Kim Tschang-yeul and a blue monochrome piece by the late Chung Sang-Hwa.

korean dansaekhwa artist chung sang hwa dies 1234771675

Chung Sang-hwa, a leading figure of the Korean Dansaekhwa (monochrome painting) movement, died on January 28 at the age of 93. His death was reported by the Korea Times following a prolonged illness.