Dansaekhwa has taken over the modern art world. But the story of how that happened is up for debate.
The article examines the global rise of Dansaekhwa, a Korean monochrome painting style that has achieved record auction prices and widespread collector interest over the past decade. It traces key milestones, including two pivotal 2014 exhibitions at Kukje Gallery in Seoul and Blum & Poe in Los Angeles, and the surge in auction prices for artists like Kim Whan-ki, Park Seo-bo, and Chung Sang-hwa, culminating in a $13 million sale in 2019.
