OMG! If I won the FL lottery, I would buy it all. Nam June Paik’s works highlight of K-Auction’s summer sale
Video artist Nam June Paik’s video installation work “Faust 8 Channel-Arts” (1991) is among the pieces by prominent Korean artists that will be put on the block this month by K-Auction, an auction company specializing in art.
With an estimated price range of 480 million won-800 million won, “Faust 8 Channel-Arts” is the eighth in Paik’s 13-piece series “My Faust.” The series addresses 13 different topics of public concern, such as environmental, agricultural and educational issues.
Paik was best known for his video installations using television sets, having transformed video into an art medium. Assembling and modifying old television sets with assorted objects, the father of video art created unique installations.
Among the 193 items that will be auctioned on June 19 are works by established Korean artists such as Lee Jung-seob’s “River of No Return,” Joseon painter Danwon Kim Hong-do’s “Birds and Flowers” and “Napping in Mt. Undae,” and six works by Paik.
The artworks to be auctioned will be on view at K-Auction Hall in Sinsa-dong, Seoul, from June 8-18. Paik’s works will be on display at a special gallery at the venue in commemoration of the 50th anniversary of his first solo exhibition in Wupptertal, Germany, in 1963.