CNN and New York Times published articles on this development. "In 2006 Sotheby's and Christie's, the world's biggest auction houses, sold $190 million worth of Asian contemporary art, most of it Chinese, in a series of record-breaking auctions in New York, London and Hong Kong." (New York Times).
The most expensive Chinese contemporary art ever sold was painted by Zeng Fanzhi. His "Mask Series 1996 No. 6" sold for AUD 10,775,500; price of 4 or 5 penthouses in Sydney CBD area.
He was one of the top 5 Chinese artist. Below is the example of not-yet-top five but still it has unreasonable price.
This 120 x 80 cm painting was sold at Christie's auction in Hongkong December 2008 for AUD 276,000. Why does it cost so much? It didn't use lots of colours, regular size of painting, not many details, not even have historical value since it's a contemporary one and it doesn't look beautiful.
A wellknown Chinese newspaper appraised him as an artist who has earned plenty of respect - and money - from his work. His paintings being regarded as a colorful and striking, bravely using Western skills and experimenting with personal expression as opposed to traditional realism.
I partly agree with the statement. I guess my taste is different from those who love the painting. Surely he has uniqueness in his paintings, the half-life looking and gloomy green colour. Rare concept perhaps? The only reason that make sense is the art is over-commersialized. People buy paintings as a new form of investment.
The writer only focused on the painter background and his achievements which only give one point of view. It would be better if they include opinions from art experts. People with no knowledge in art will not be able to understand why the painting has such distinct values.
I ve been wondering too how come one's style can be seen as over rated :p .
ReplyDeleteBoth pictures definetely not my fanc at all...
There's a speculation that some 'big' people bought the paintings in very expensive price to create sensation in the market and stir people's mind to do the same thing.
ReplyDelete不知所云
ReplyDeleteahhhhhhh the artist becomes the fashion label....instead of adorning our troupe they adorn our walls!
ReplyDeleteYes, you're right Milly. the only difference is that we need paintings insurance and oh yes, make sure that the house is worth more than a painting.
ReplyDelete"There's a speculation that some 'big' people bought the paintings in very expensive price to create sensation in the market and stir people's mind to do the same thing. " --> I see! That makes sense though it is silly! But yeah, u may understand why I said it silly, coz I never like art style during the world war and afterwards!
ReplyDeleteThat's why I never trust other'e opinion, I appreciate the art in my own way :p