2023 Spring Auction Summary | Chen Ke Case Study 2023 Chinese Young Female Artists TOP1
Chen Ke, graduated from Sichuan Academy of Fine Arts, currently works and lives in Beijing. Chen Ke, an artist born in the 70s, stands out from the many Chinese artists known as the "Cartoon Generation". In the past two decades of creation, she has been experimenting with various media or objects on the canvas to create a recognizable image of a girl And the storyline with fairy tale color expresses the feeling of real life and the concern for individual destiny. In the 2023 spring auction, the total turnover of Chen Ke's works was 2071 yuan, ranking 174th in the global annual artist list and TOP 22 in the global young artist list.
Description:
2023 Global Artists List: Ranked according to the total auction turnover of global artists this year.
2023 Global Young Artists Ranking: Global Artists Born in 1970 and After, According to Artists The ranking is based on the total amount of auction turnover this year.
Four recent characteristics of Chen Ke’s market:
1) 2023 spring auction, Chen Ke’s works are white gloves. The works to be auctioned are mainly oil paintings and paper works, supplemented by other categories such as sculptures.
- Nearly 59% are oil paintings, and the price range is multi-dimensional, ranging from 100,000 to 1 million, or even approaching 10 million;
- 37% are paper type, the price is between 25,000-70,000.
2) The little girl series has an absolute advantage in terms of quantity and price. Seven of Chen Ke's personal TOP10 works are from the Little Girl series.
3) The sales volume of Chen Ke’s works is the highest in Beijing, accounting for 62%, which is much higher than other cities in terms of the number of works traded and the total turnover .
4) All auction houses are concerned about Chen Ke's market, and all of them have their works put up for auction. 34% of the turnover comes from Yongle Auction. What is notable is that on July 2, 2023, "Matador" was sold at Yongle Auction for 9.085 million yuan, breaking the artist's personal auction record.
1. 2022-2023 Market Transactions
2022-2023 Spring Auction, Chen Kegong39 lots were auctioned, with a turnover rate of 97%, and a total turnover of 36.51 million yuan. The following is Chen Ke’s market observations in four dimensions: sales situation, ranking, work distribution, and the most expensive works of the year in the past two years .
1) Market transactions
- In 2022, Chen Ke will auction 24 lots with a turnover rate of 96% and a total turnover of 15.8 million yuan< /li>
- In the spring auction of 2023, Chen Ke auctioned 15 items, with a turnover rate of 100%, and a total turnover of 10.71 million yuan
2) Ranking< /p>
In 2022, Chen Ke will be ranked TOP614 among global artists and TOP76 among young artists worldwide.
In the spring auction of 2023, Chen Ke will be ranked TOP174 among global artists and TOP22 among young artists worldwide.
Description:
Global Artist Ranking: Rank according to the total auction turnover of global artists this year.
Global Young Artists Ranking: Global Artists Born in 1970 and After , ranking artists based on their total auction turnover this year.
3) Price distribution of sold works
- There are 11 million-level auctions, one of which is in More than 5 million yuan, 10 pieces are between 1 million and 3 million yuan There are 14 works above RMB
4) The most expensive work of the year
Most Expensive Work in Spring Auction 2023
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The most expensive work in 2022
2. Transactions of works in different periods
Chen Ke's auctioned works can be divided into little girl, still life, Frida, dense forest, Bauhaus girl and other series. Among them, "female" has always been a constant source of inspiration for the artist. The auction volume, turnover rate, total turnover and ability to create high prices of the Little Girl series are far higher than those of other series.
The following are the characteristics of Chen Ke’s works in different stages, the transaction status, the most expensive lot and the distribution of works at different prices.
1. Little Girl Series
The cute, worried and otherworldly little girl is not only a projection of the artist’s subjective consciousness, but also a symbol of the current human nature . As the main series of Chen Ke's auctioned works, the works were created between 2005 and 2010. The artist examines life from a female perspective, expressing his feelings for real life and his concern for individual destiny. Chen Ke once said: "She will have my shadow, because my paintings are all from my own heart."
In the spring of 2022-2023, 15 works of the little girl series will be auctioned, with a turnover rate of 93% %, with a total turnover of 25.36 million yuan, accounting for 69.5% of the total turnover. The most expensive work of this period, "Matador", was sold at Yongle Auction for 9.085 million yuan.
Distribution of Little Girl Series Works
- 7 million-level lots
- More than 100,000 - less than 1 million lots 7 pieces
- One unsold
2. Other series
"The works of each stage are a mirror of that stage."
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——Chen Ke< /strong>
Chen Ke's other series of works include: Still Life SeriesStill Life; the Dense Forest Series, which expresses the artist's spiritual anxiety and firm self-choice; the "Frida" series of Chen Ke's spiritual bosom friend; pays tribute to pioneering female artists >Bauhaus Girls series; there is also a series of paper works expressing life.
2022 - In the spring of 2023, 24 pieces of series such as Bauhaus Girl, Frida Girl, Jungle Forest, Still Life, and Paper Works were put up for auction, with a turnover rate of 100% and a total turnover of 11.15 million yuan, accounting for 30.5% of the total turnover. The most expensive work "Outside the Window" was sold at Phillips Hong Kong for 4.57 million yuan.
- 1 piece of Bauhaus girl series was auctioned, the turnover rate was 100%, the total turnover was 4.57 million yuan, accounting for 12.5% of the total turnover
- 2 pieces of the Frida Girl series were auctioned, with a turnover rate of 100%, with a total turnover of 2.51 million yuan, accounting for 6.9% of the total turnover
- 4 pieces of the Jungle Series were auctioned, with a turnover rate of 100%, and a turnover of A total of 2.24 million yuan, accounting for 6.1% of the total turnover
- 3 pieces of the still life series were auctioned, with a turnover rate of 100%, and a total turnover of 1.23 million yuan, accounting for 3.4% of the total turnover
- Paper 14 pieces of this work were auctioned, with a turnover rate of 100%, and a total turnover of 600,000 yuan, accounting for 1.6% of the total turnover
Other series of transactions Distribution of works
- 4 million-level works
- 6 pieces of more than 100,000-1 million auctions
- 100,000- 14 works above 20,000, all of which are paper works
3. In 2022-2023, Beijing will be the main transaction venue, Yongle Auction will be the main transaction TOP1 auction house
Chen Ke’s works have a comfortable visual sense on the screen, but also have rich creativity and delicate emotions, and their audiences are quite wide. A stable base of collectors. The following is an analysis from the two dimensions of Chen Ke's transactions in different cities and auction houses.
Judging from the transactions in the past two years, Beijing is Chen Ke's main transaction city, with the largest number of auctions and the highest market share.
- 27 pieces were auctioned in Beijing, the turnover rate was 96%, the total turnover was 22.66 million yuan, accounting for 62.1%
- 7 pieces were auctioned in Hong Kong, the turnover rate was 100%, and the turnover rate was 100%. The total amount was 11.84 million yuan, accounting for 32.4%
- 5 items were auctioned in other cities, the turnover rate was 100%, and the total turnover was 2.01 million yuan, accounting for 5.5%
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Yongle Auction occupies 33.7% of Chen Ke's market share with a total turnover of 12.3 million yuan. Long-term tracking of artists and market cultivation, when important works appear, the artist’s friendly support to the auction house, and good interaction between the two parties can play a positive and effective role in promoting the market.
- 10 pieces were auctioned at Yongle Auction, with a total turnover of 12.3 million yuan, accounting for 33.7%
- 5 pieces were auctioned by China Guardian, The total turnover was 6.15 million yuan, accounting for 16.8%
- 2 auctions at Phillips, with a total turnover of 4.8 million yuan, accounting for 13.1%
- Yongle Auction & Phillips 11 pieces were auctioned, with a total turnover of 4.34 million yuan, accounting for 11.9%
- 2 pieces were auctioned at Huayi International, with a total turnover of 3.28 million yuan, accounting for 9%
Tian Heng, General Manager of the Modern and Contemporary Art Department of Yongle Auction, said in an interview with ArtPro that Yongle Auction has always focused on cultivating Chinese modern and contemporary art, and the greatest value of an artist's case lies in his art history In-depth combing of the creative context, and at the same time, selecting representative works from different periods and series, so that collectors can have a more comprehensive understanding of the artist efficiently.
Chen Ke's "Matador" was sold for 9.085 million yuan, setting a new record for the artist. Support, specially recorded a video for this work, and also thanks to the support and love of the collectors.
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