Korean art market rebounds in first half, but growth remains concentrated: report
Key takeaways
Quick summary- 1South Korea's art market nearly doubled in value in the first half of this year, but growth was driven more by sizeable sales than a broader recovery, accordin…
- 2Combined sales at seven domestic auction houses re

South Korea's art market nearly doubled in value in the first half of this year, but growth was driven more by sizeable sales than a broader recovery, according to a report by the Korea Art Authentication and Appraisal Institute. Combined sales at seven domestic auction houses reached 110.8 billion won ($75,700) in the January-June period, up 99.05 percent from the same period last year, the report showed on Monday. The number of lots offered, however, fell 11.03 percent during the period from 9
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