Art Busan opens with 133 galleries from 21 countries participating

연합뉴스 / 2022-05-13 09:40:39
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▲ This photo, shows people viewing artworks in "Art Busan 2022" on the 12th, at Haeundae-gu. Busan. 133 galleries (101 Korean, 32 overseas) from 21 countries participated in this year's event. (Yonhap)


▲ This photo, shows a man looking at Picasso's work displayed in this year's Art Busan. (Yonhap)


▲ This photo, shows David Hockney's Pictures at an Exhibition in the Art Busan 2022 held at Haeundae-gu, Busan. (Yonhap)


▲ This photo, shows the space for "Art Busan 2022" that has opened on the 12th. (Yonhap)



SEOUL, May 13 (Yonhap) -- The art trade market, 11th Art Busan has opened on the 12th at the 1st Exhibition Hall of BEXCO, Busan.

With the VVIP preview and the press tour that was held on the 12th, it will be opening till the 15th.

133 galleries (101 Korean, 32 overseas) from 21 countries participated in this year's event.

Leading galleries in South Korea including Kukje Gallery, Gana Art, Gallery Hyundai, PKM and Hakgojae participated while galleries from other countries included Richard Gray, Thaddaeus Ropac, Peres Project and Contemporary Art.

In line with the rise of young collectors, Gallery Stan, Gallery Gujo and A Lounge, which introduces experimental works have also participated.

Among the works on display, works by famous artists such as Picasso and Gerhard Richter catches the eye.

Picasso's works can be seen at the Gray Gallery booth, which is its first time opening in Korea, through the Art Busan this year.

Though Picasso's painting work (45.7 x 55 cm) is not a masterpiece, the organizer expects the price to reach 5 billion won.

Gerhard Richter's "Abstraktes Bild (551-6)," one of Art Busan's most expensive work this year is estimated to cost about 4 billion won.

14 special exhibitions featuring artists that are hard to meet in South Korea including Austin lee, Kang Yi-yun, Jean Prouve and David Hockney are also gaining attention.

David Hockney's work is 2.7m high and 8m long.

The organizers plan to provide a long bench in front of this work so that visitors can freely view the exhibition.

In partnership with the world's best art trading platform, Artsy, the organizers will be providing an online viewing room (OVR) and operate a booth design support program to discover and support emerging artists.

Along with the exhibition, "Art Busan Conversations" (12 contests and discussions), which examines trends in the art world, including non-fungible token (NFT) art, and future digital art, will be held during the exhibition period.

During the event, an "art bus" is also operated to visit major galleries and cultural spaces in Busan.

"Thanks to the recent boom in the art market, this year's event sales are expected to double that of last year's 60 billion won, and the number of visitors is also expected to exceed 100,000" said an official from Art Busan.


(This article is translated from Korean to English by Haemin Kim.)




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