【News Feed】 Los Angeles reports:
At the beginning of the new year, good news is frequent. Blue-chip artist Mr. Huang Jiannan's work "Earth Code No 1" was estimated by Richard Wearn, a senior american appraiser, for $1.88 million. Two of his other works were also valued at $1.62 million and Sky Beyond Sky at $1.54 million.
Earth Code No 1, estimated at $1.88 million.
The appraisal expert who evaluated the three oil paintings for Mr. Huang Jiannan this time is Richard Wayne, a famous senior appraiser in the United States. In a 28-page evaluation report, Richard Wayne gives rigorous and professional evaluations of Three of Huang's works. The appraisal report assesses the latest market value of Huang Jiannan's works based on the influence of his works of art worldwide, his creative history, the market price history of auction houses around the world, and the influence and market price information in the art market in the past year.
Inexhaustible 01 is valued at $1.62 million.
Richard Wayne points out that the evaluation of Mr. Huang's work must be fully integrated with his global influence, with reference to the same conditions of major Chinese artists who have entered the Western collection sequence like him. These conditions must be in line with international cultural and economic forces.
Sky Beyond Sky is valued at $1.54 million
First, the expansion of China's art market is well documented, and China's cultural economy, including the accelerated growth of the art market, is part of the "Chinese economic miracle" whose proceeds have ensured the performance of the Chinese art market since 1999. In November 2021, according to Morgan Stanley Investment Bank's statistical analysis, China has overtaken the United States as it has overtaken the United States to become the world's largest art market as China's economy rebounds faster from the COVID-19 downturn. China alone (excluding Taiwan) and other Asian regions account for 21% of total sales in the global art market.
At the same time, the precise basis for determining the valuation of a work of art must also take into account the success of the work in the market of its origin. The valuation of Mr. Huang's works also uses the latest auction data from the survey of China's auction market in the past two years to draw an accurate assessment from it.
Richard Wayne has been a professor of art at California State University, Los Angeles since 2005. His artwork has been exhibited around the world and he has served as an art critic for several mainstream media outlets. His books on Western and Chinese contemporary art have been published internationally and he has taught at some of the most important art institutions in China, Taiwan, the United States and Europe.
In addition to his academic and artistic career, he has worked at the Los Angeles Contemporary Art Gallery, Blum and Poe Gallery Santa Monica, and helped establish Patricia Marshall Fine Arts, one of the world's most influential private art consultancies.
Richard Wayne has extensive valuation experience, and since 2019 richard Wearn Fine Art, richard Wearn Fine Art has provided evaluation and consulting services to a number of key collectors in the United States, Italy and China. He has evaluated and identified works by famous artists such as Andy Warhol, Lucio Fontana, Basquiat, Picasso, Lichtenstein, Sui Jianguo, Banksy, Naim June Paik, and has contributed to Lomonen se, Prague, The DART Museum Milan, TAG Museum Countless world-class art institutions such as Qingdao provide consulting and appraisal services.
He specializes in post-World War II contemporary art and manages confidential art collections for some of the world's most important art institutions. He maintains an understanding of the various markets and the cultural information associated with them, and uses the analytical method of data and information correlation, through very careful investigation to determine conditions and define economic value.
Huang Jiannan is one of the world's finest contemporary artists, specializing in Chinese ink painting, especially the creative techniques that organically combine ink painting techniques with the avant-garde consciousness of oil painting. He ranked third in the 2020 Hurun China Art List and 19th on the Hurun Global List with art sales of US$29 million.
In November 2021, three other works by Huang Jiannan, "The Flower of Youth," "The Flowers in Mountains," and "Inexhaustible," were valued at $450,000 ($450,000) and $1.15 million ($) by Mokhtari, the beverly stated appraiser Market price of 1,150,000), US$1.45 million ($1,450,000).
Huang Jiannan has held a number of positions: Director of the Chinese Traditional Culture Promotion Association, General Counsel of Overseas Art of the Organizing Committee of "Cheering for the Olympic Games", Member of the French National Artists Committee, Art Advisor of the World Low Carbon City Alliance, Honorary Citizen of the Gold Medal of the City of Genie, France, His Royal Highness the "Earl" by the Indonesian Royal Family, and the Royal Order of Sark of Constantine, Italy.
In April 2021 he was awarded honorary membership in the asia-only art world in the RSSG of the Royal Society of St. Petersburg. On October 28, 2020, Huang Jiannan was invited by the organizing committee of the "LABA International Arts Festival" to participate in the LABA International Arts Festival as a blue-chip artist, becoming one of the most concerned Asian artists in the North American art world.