Lee Ufan forged certificate sparks crisis

OnTheRun

OnTheRun

2016-01-27 15:28:27

The revelation that fakes of works by renowned Korean minimalist Lee Ufan could be in circulation has caused a crisis in the Korean art world.

The first indication of the problem came when a fake certificate for a painting from Ufan’s From Point series was discovered following an auction.

The painting itself is undergoing forensic examination. It’s not yet known whether it’s a forgery.

Seo Seong-rok, president of the Korean Art Appraisal Association and art critic. “We just have to wait and see until the police announce the results. Too many rumors have been circulating, spreading mistrust in the market.”

Ufan has announced in a statement that he is helping the police with his inquiries.

Gilles Dyan of Opera Gallery told the Korea Herald: “Lee U-fan is alive. He should be given the choice of who issues the certificates of authenticity. He can form a committee of people who know his art very well. If rumors continue to spread, it could be bad for his career.”

Ufan is an artist and sculptor whose work is housed in some of the world’s most prestigious galleries. He is particularly popular in Japan.

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