Summary of 2023 Spring Auctions | Ouyang Chun Case Study Whaling and King series attract the most attention China Guardian and Poly are the main auction houses
Ouyang Chun was born in 1974 and currently lives and resides in Beijing. Among the Chinese "post-70s" artists, Ouyang Chun is an alternative and outstanding existence. His self-art experience outside the traditional academic education has created his independent and changeable creativity, and also shaped his not to be obliterated by the world. Talent, depicting an illusory world where the childlike innocence is still alive. In the spring auction of 2023, Ouyang Chun ranked TOP140 in the "2023 Global Annual Artist List" with a total turnover of 16.94 million yuan, and ranked TOP16 in the "2023 Global Young Artist List".
Description:
2023 Global Artist List: Ranked according to the total auction turnover of global artists this year.
2023 Global Young Artists List: Global artists born in 1970 and after The ranking is based on the total amount of auction turnover.
Three recent features of the Ouyangchun market:
- In the spring auction of 2022-2023, Ouyang Chun only has two periods of provocative paintings and thematic paintings on the auction. Among them, due to the large number of works, the stimulating paintings created in the explosive period have an absolute advantage in the number of auctions, accounting for 77%, and the turnover accounts for 61%; the themed paintings created in the heyday Paintings are rare and expensive, there are few auctions and high prices frequently, seven of Ouyang Chun's most expensive TOP10 lots are from the heyday, the "Wang Series", " "Whaling Series" are the most competitive works in the auction.
- Beijing is the main transaction place for Ouyang Chun's market share, and it is the top place in terms of auction volume and total transaction value. It can be seen that there is a strong local demand for outstanding Chinese contemporary young artists. Among the top 10 most expensive personal items, 9 are from the Beijing market.
- China Guardian is Ouyang Chun's main auction house and the only auction house with a turnover exceeding 20 million yuan.In terms of the number of million-level auctions It is also far ahead of other auction houses. In the spring auction of 2022-2023, China Guardian has a total turnover of 20.1 million yuan, accounting for 34% of the artist's market share. China Guardian accounted for 41% of the million-level lots.
1. 2022-2023 Market Transaction Overall Situation
2022-2023 Spring Auction, Ouyang Chun auctioned a total of 70 lots with a turnover rate of 89% and a total turnover of 5914 ten thousand yuan.
The following is Ouyang Chun's market observations in four dimensions: auction turnover, ranking, work distribution, and the most expensive works of the year in the past two years.
1) Market transactions
- In 2022, Ouyang Chun auctioned 36 pieces 88% of lots sold, with a total turnover of 27.16 million yuan
- In the spring auction of 2023, Ouyang Chun auctioned 34 lots, with a turnover rate of 88% and a total turnover of 31.98 million yuan
2) Ranking
- In 2022, Ouyang Chun will be ranked TOP331 in the "Global Artist List", " "Global Young Artists List" ranks TOP43.
- In the spring auction of 2023, Ouyang Chun ranked TOP140 in the "Global Artists List" and TOP16 in the "Global Young Artists List".
Description:
Global artist list: Ranked according to the total auction turnover of global artists this year.
Global Young Artists List: Global artists born in 1970 and later, according to the artist's current auction The ranking is based on the total turnover.
3) Price distribution of sold works
- There are 17 million-level auctions, of which 1 is above 7 million yuan, 4 are between 3 million and 4 million yuan, and 12 are between 1 million and 3 million yuan
- 1 million or less- There are 39 lots with more than 100,000 yuan
- 6 lots with less than 100,000-50,000 yuan
- 8 lots with unsold
4) The Most Expensive Work of the Year
The Most Expensive Work of the 2023 Spring Auction
The most expensive in 2022 Work
II. Transactions of works in different periods
Paintings of Ouyang Chun The road of development has gone through three important periods, the Xi'an claustrophobic creation period (1995-2022), the stimulating painting period (2002-2006), and thematic painting period (2007-2015). During his time in Xi'an, Ouyang Chun was always in a state of being alone and thinking alone, contemplating art by reading books on art history and painting landscapes. At the end of 2002, Ouyang Chun left Xi'an and moved to Beijing. Ouyang Chun entered the period of explosive painting and the heyday of theme painting.
In the spring auction of 2022-2023, No works from Xi’an’s claustrophobic creation period, the following is the market analysis of the provocative painting period and thematic painting period.
1. Explosion Period: Provocative Painting (2002-2006)
At the end of 2002, Ouyang Chun left Xi’an and moved to Beijing. In the process of enthusiastic artistic creation, the number of works has risen sharply. Through the repeated use and re-creation of painting themes, works including "The Smurfs Series", "Winter Series", and "Diamond Series" have been created.
In the spring of 2022-2023, there will be 54 pieces of works from the exciting painting period, with a turnover rate of 85 %, the total turnover was 36.3 million yuan, accounting for 61% of the total turnover.
The most expensive work of this period, "Whaling Fleet No. 5", was sold in Beijing Poly for 3.7375 million yuan.
Distribution of Works in the Inspiring Painting Period
- 10 million-level works
- 100,000 32 pieces of more than 1 million lots
- 4 pieces of more than 50,000 - less than 100,000 yuan
- 8 unsold works
2. Heyday: Thematic Painting (2007-2015)
In 2007, Ouyang Chun entered the heyday of creation, with more full and bright color processing, and the texture of brush strokes It is also more free and easy in appearance, and various images and schemas are more fantastic and changeable, incorporating strong absurdity and symbolic meaning. During this period, Ouyang Chun created his famous works "Whaling Series" and "King Series", which have become the most competitive works in the auction market since then.
In the spring of 2022-2023, 16 pieces of themed paintings will be auctioned, with a turnover rate of 100% and a total turnover of 22.85 million RMB, accounting for 39% of the total turnover.
The most expensive work of this period, "Autism", was sold at China Guardian Beijing for 7.245 million yuan.
Distribution of works during the themed painting period
- 7 million-level works
- 100,000 7 lots of more than 1 million yuan
- 2 lots of more than 60,000 yuan and less than 100,000 yuan
Third, 2022-2023 spring Beijing will be the main transaction site
Overview of Ouyang Spring 2022- According to the overall auction data of the spring auction in 2023, Beijing is the main transaction site, with 53 auctions, accounting for 76% of the total auction volume, and a total transaction value of 51.09 million yuan, accounting for 88% of the total transaction volume.
Among Ouyang Chun's most expensive TOP10 items, 9 of them are from the Beijing market. Ouyang Chun’s outstanding performance in the Beijing market is also inseparable from the cultivation and promotion of artists in the mainland market by agent galleries and auction houses. Artists have laid a solid foundation in the primary and secondary markets and have high market recognition Spend.
- 53 pieces were auctioned in Beijing, the turnover rate was 88%, the total turnover was 51.09 million yuan, accounting for 87.6%
- 8 pieces were auctioned in Hong Kong, with a turnover rate of 86%, and a total turnover of 3.67 million yuan, accounting for 6.2%
- 8 pieces were auctioned in Hangzhou, with a turnover rate of 100%, and a total turnover of 3.56 million yuan, accounting for 6%
- 1 piece was auctioned in Guangzhou, the turnover rate was 100%, and the total turnover was 105,800 yuan, accounting for 0.2%
Ouyang Chun has the largest number of auctions on China Guardian and Beijing Poly, which shows that both auction houses have maintained long-term attention and tracking of the artist's market, and the number of works collected considerable.
From the perspective of the total turnover and the distribution of millions of lots, China Guardian is Ouyang Chun's main auction house and the only auction house with a turnover exceeding 20 million yuan. 34% market share. China Guardian has always maintained the academic sorting and market cultivation of artists. When important works of artists appear, the good interaction between artists and auction houses can play a positive role in promoting the market.
- China Guardian auctioned 15 pieces, with a total turnover of 20.1 million yuan, accounting for 34%
- Poly auctioned 15 9.96 million yuan, accounting for 17%
- Seven international auctions were launched, with a total turnover of 8.46 million yuan, accounting for 14%
- 5 pieces were auctioned at Yongle Auction, with a total turnover 8.1 million yuan, accounting for 13.7%
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