Hwarang Association and Seoul Auction Donate 630 Million Won from COVID-19 Relief Auction to Daegu Region
[Asia Economy Reporter Park Byung-hee] The Korea Gallery Association announced that the total winning bid amount for the 'COVID-19 Relief - Online Charity Auction,' co-hosted with Seoul Auction, was approximately 630 million KRW, and that all proceeds will be donated to the Daegu region, which is suffering greatly from the novel coronavirus infection (COVID-19).
The 'COVID-19 Relief - Online Charity Auction' took place from 2 PM on the 13th. There were a total of 73 items, including works from member galleries of the Korea Gallery Association, collector-owned pieces, and works directly sponsored by artists, all of which were successfully auctioned.
The highest-priced work was "Landscape" by modern artist Lee In-sung from Daegu, which was finally sold for 64.1 million KRW. Senior artist Kim Chang-yeol's "Water Droplets" started bidding at 0 KRW and, after a total of 129 competitive bids, was sold for 45.1 million KRW to a new owner. Additionally, works by many artists such as Sa Seok-won, Choi Byung-so, Lee Kang-so, Lee Bae, Lee Won-hee, and Do Sung-wook were also sold after intense bidding.
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The Korea Gallery Association and Seoul Auction plan to deliver the winning bid amount of approximately 630 million KRW from this online art auction to Daegu City Hall through the Korean Red Cross, and the funds will be used to support COVID-19 relief efforts for medical aid in the Daegu region.
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