Art News Malaysian Arts
“We had a vital base of Korean collectors,†cofounder Rachel Lehmann said. Before worldwide travel halted, Seoul was a gathering point. “You would have Japanese collectors, you’ll have Chinese collectors who have been coming, for instance, to do a meals trip,†she said. New York–based gallery Lehmann Maupin confirmed the work of artist Cecilia Vicuña in its five-year-old Seoul branch earlier this year.
Even a number of the world’s prime collectors are known to leverage their holdings. Deloitte projected the art-secured lending market to be worth some $31.3 billion in 2022, growing eleven percent year-on-year. Allan …
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