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Korea's Q3 art auction sales fall 11% as top-end deals dry up

🗓️ Oct 23, 2026, 2:02 AM UTC⏱️ 1 min read👀 1 views💬 0
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  • 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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