KA-HowTo:Consignment Guide
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Why K Auction?

Are you looking to discover the value of your artworks? A leader in Korea's art market, K Auction can assist you in the sale of your artwork.

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Diverse auction platforms, continually in progress

There are various auction platforms that can be participated in 365 days at all times, including major auctions live at the auction site, premium auctions online, and weekly auctions.

Specialized services

Founded in 2005, K Auction strives to realize the value of artworks selected through years of accumulated expertise.
Our team comprises experts in every field to build the ideal auction system. Our knowledgeable and experienced specialists provide bespoke consulting for clients looking to buy and sell artworks.

Preview exhibitions and marketing expertise

Preview exhibitions for each auctions are held for clients to view lots. Information and images are provided through our website and mobile app, and various digital content is disseminated through various platforms such as blogs, Instagram, KakaoTalk Channels, and Facebook. Collaborations with brands, cultural events, and themed auctions expand our reach in the arts and culture sector.

Notable auction results

Auction record
at time of sale

  • >Won 5.4 billion KRW/Kim WhanKi<br />Tranquility 5-IV-73 #310/2016 June Auction
    Hammer Price
    KRW 6,550,000,000

    Kim WhanKi
    Tranquility 5-IV-73 #310

    2017 April Auction

  • Won 6.44 billion KRW/Kim WhanKi<br />Untitled 27-VII-72 #288/2017 April Auction
    Hammer Price
    KRW 5,400,000,000

    Kim WhanKi
    Untitled 27-VII-72 #288

    2016 June Auction

Rare works that achieved high prices through competitive bidding

  • Won 1.52 billion KRW/Lee Ufan<br />From Point No. 770100/2020 July Auction
    Hammer Price
    KRW 1,520,000,000

    Lee Ufan
    From Point No. 770100

    2020 July Auction

  • Won 1.85 billion KRW/Ha ChongHyun<br />Birth-B/2020 September Auction
    Hammer Price
    KRW 185,000,000

    Ha ChongHyun
    Birth-B

    2020 September Auction

How to Consign

  • Step.1

    Estimate Inquiry

  • Step.2

    Consignment Consultations

  • Step.3

    Auction and Exhibition

  • Step.4

    Account Settlement

If you would like to receive an estimate for your modern and contemporary artworks, Korean traditional art, jewels and diamonds, instruments, or other rare objects, please follow the steps below.

01. WebSite

Please click "Consignment Inquiry" under "How to Consign" on our website.

02. Email

Please contact us at art@k-auction.com with the following information.

- Please include "Consignment" and your name in the email title (ex. Consignment_James Smith)

- Please include your name and contact information, artist, title, size, medium, execution date, provenance, and artwork images (frontal full view, close-up views of signatures, etc.) in the body of the email.

  • Inquiries will be reviewed by our specialists. Our staff will reply to inquiries generally within 7 days.

  • Before submitting your consignment inquiry, please confirm whether your objects are subject to sale restrictions (resale prevention clauses, etc.). If you consign objects, you are obligated to state and warrant that you have the unrestricted right to transfer title of said objects.

If you artwork is accepted for auction, we will proceed as follows.

담당자 배정 아이콘

01. Specialist assigned

화살표
서면 심의 및 내부 감정 아이콘

02. Internal authentication and further appraisal

화살표
출품 희망가격 결정 아이콘

03. Reserve price discussion

화살표
위탁계약서 작성 및 계약 아이콘

04. Consignment Agreement completed and signed

  • 블릿기호

    Artworks that are not appropriate for auction are returned to the owner. (Return shipping fees will be charged, excepting artworks that are collected in person)

  • 블릿기호

    The reserve price is agreed upon between the seller and K Auction. If an agreement cannot be reached, the artwork may not be placed in an auction.

Consigned artworks are placed in auction and exhibited. Marketing and promotion is undertaken to maximize the value of the artwork.

  • 오프라인 전시 아이콘
    Offline exhibition

    K Auction Exhibition Space (Sinsa-dong, Seoul)

  • 온라인 전시 아이콘
    Online exhibition

    K Auction website
    and mobile app

  • 온라인 전시 아이콘
    Promotional channels

    News outlets, broadcasting stations, K Auction blog, Instagram, Kakaotalk Channel, Facebook, other SNS platforms

Net Proceeds

After the close of the auction, you will be notified of the hammer price of your artwork. Once we have secured payment from the buyer, the net proceeds (as below) will be rendered to you.

Net Proceeds = Hammer Price - Seller's Commission - Additional Fees(if applicable)

  • 블릿기호

    Artworks that are not appropriate for auction are returned to the owner. (Return shipping fees will be charged, excepting artworks that are collected in person)

  • 블릿기호

    The reserve price is agreed upon between the seller and K Auction. If an agreement cannot be reached, the artwork may not be placed in an auction.

Bids List

ID Bid Date
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