Art Radar Asia

Contemporary art trends and news from Asia and beyond

  • Photobucket
  • About Art Radar Asia

    Art Radar Asia News conducts original research and scans global news sources to bring you selected topical stories about the taste-changing, news-making and the up and coming in Asian contemporary art.
  • Advertisements

Posts Tagged ‘art management’

“Korean Eye: Fantastic Ordinary” exhibition tours London, Singapore, and Seoul

Posted by artradar on August 10, 2010


KOREAN ARTISTS WESTERN EXPOSURE

The Saatchi Gallery in London once again hosted the popular exhibition “Korean Eye“, which showcases emerging Korean artists to the West. This year the exhibition will travel; in October and November it will travel to Singapore and Seoul with the aim of reaching a wider audience.

“Korean Eye,” founded by curator David Ciclitira, specialises in introducing Korean artists to the international market, giving them recognition outside the Asian region. The first exhibition, “Korean Eye: Moon Generation” in 2009, was extended due to its popularity, reaching 40,000 visitors in two weeks, and ultimately drawing a total 250,000 visitors.

The 2010 exhibition “Korean Eye: Fantastic Ordinary” hosts over thirty works by twelve talented Korean artists with little prior exposure to the Western market. This year the show started off at the Saatchi Gallery in London, and will move to Singapore in October and Seoul in November, to coincide with the G20 Summit.

Bae Joon Sung, 'The Costume of Painter - Drawing of Museum R, J. L. David lie down Dress Inn', 2009, oil and lenticular on canvas, 181.8 x 259.1 cm.

Bae Joon Sung, 'The Costume of Painter - Drawing of Museum R, J. L. David lie down Dress Inn', 2009, oil and lenticular on canvas, 181.8 x 259.1 cm.

The ten artists participating in this years exhibit are: Bae Chan Hyo, Bae Joon Sung, Gwon Osang, Young In Hong, Jeon Joonho, Ji Yong Ho, Kim Dong Yoo, Kim Hyun Soo, Park Eun Young, and Shin Meekyoung. In addition, 2009 Joong Ang Fine Art Prize winner Jeon Chae Gang and Perrier-Jouet nominated artist Lee Rim will join the list of members.

The success of the franchise clearly shows a rise in interest towards Korean art, but may also have something to do with shrewd management. In a 2009 Art Radar interview, “Korean Eye” founder David Ciclitira revealed his views on the future of the art industry and his unique take on the management of art exhibitions, both of which should involve not only collector and auction house input but also government support and bank sponsorship.

What I’ve found interesting in this whole learning process is how unsophisticated the art world is, because when you work in major sports events, there are more dates, so much more research, everything is television linked to media values, and art feels amateur when you look at how they do things, and it’s no small wonder that when they need to raise massive money, they find it quite hard.

“Korean Eye” is funded by Standard Chartered, one of Britain’s largest banks, and features each of its artists along with a catalogue of their work to create an international selling environment for the brand new Korean works. It has opened up a window of awareness for Korean art in the West and suggests a rise in Korean contemporary art sales in future.

Plans for the 2011 and 2012 exhibitions have already been made and involve further expansion. “Korean Eye” will continue at Saatchi Gallery in 2011 and in 2012, and in 2012, plans have been made to expand “Korean Eye” over the entire gallery, where works will be selected and curated by Charles Saatchi and the gallery’s team.

MM/KN

Related Topics: David Ciclitira, gallery shows, Korean artists, venues – London

Related Posts:

Subscribe to Art Radar Asia for more on contemporary Korean artists and events

Bookmark  and Share

Advertisements

Posted in Asia expands, Business of art, David Ciclitira, Gallery shows, Korean, London, Promoting art, Trends | Tagged: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a Comment »

Artprice launches web-based art collection management and valuation service free to subscribers

Posted by artradar on February 17, 2009


ART MANAGEMENT  VALUATION

Free asset valuation and management tools are ubiquitous in the financial sector and it was just a matter of time before similar offerings were released by art service companies.

Artprice offers automatic valuations of collectors’ portfolios using a tool which draws prices from its database. It remains to be seen how well this works as credible valuations of comparatively illiquid and non-homogenous art assets require judgment which, one would imagine, is beyond the capabilities of technology. But we are ready to be wrong. If any readers have tried the service, feel free to leave your comments below.

From the press release:

Artprice launches My Art Collection, the first free and confidential art portfolio management service. This service, now available to Artprice’s 1,300,000 subscribers is available…for professional or amateur art collectors anywhere in the world. However much you spend on art, the value of your collection is evolving at an ever-faster pace as the art market becomes increasingly sensitive to economic and geopolitical events. With Artprice’s unique and free service My Art Collection, you can follow the value evolution of your collection as a whole with regular revaluations for each of the works in the portfolio.

Using a simple tool that takes full advantage of Artprice’ knowledge in the sector as world leader in art market information, collectors can follow the financial value of their works and their portfolios at just a glance.

This exclusive service enables Artprice subscribers to take full advantage of their immediate access to Artprice’s leading standardised marketplace and to buy or sell elements in their collections in reaction to market fluctuations.

Moreover, in just a couple of clicks, Artprice subscribers can access the pay-service Artpricing: within 48 hours, our analysts (art historians, professionals and econometricians) can provide updated valuation of works. Artprice subscribers can also access the Artprice databases which contain more than 25 million auction results, indices and price statistics for over 405,000 artists.

In addition, this portfolio valuation service will give our subscribers access to online insurance services with quotes calculated in real time by Artprice and its art insurance partners, thereby accelerating the notion of an immediate financial guarantee of their works.

Related categories: collectors, market watch

Subscribe to Art Radar for the art world’s latest services and trends 

Posted in Art Index, Collectors, Market watch, Services | Tagged: , , , , , | 1 Comment »