Korea's Q3 art auction sales fall 11% as top-end deals dry up
Key takeaways
Quick summary- 1South Korea's art auction market lost more ground in the third quarter as sales fell despite a larger number of works on offer, according to a report released…
- 2Combined sales at the country's seven
South Korea's art auction market lost more ground in the third quarter as sales fell despite a larger number of works on offer, according to a report released Thursday by the Seoul-based Korea Art Authentication and Appraisal Research Center. Combined sales at the country's seven major auction houses totaled 27.97 billion won ($21.1 million) from July through September. That was down 10.8 percent from 31.36 billion won a year earlier, according to the report. More works went up for sale but fewe
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