Shandong Oil Painting Collection Market Survey

As a major province of art consumption, the regional nature of the Shandong oil painting collection market has become increasingly blurred in recent years. The art market in Weifang, Zibo, Qingzhou and other cities where traditional Chinese paintings, calligraphy, and modern ink and wash preferences were added previously can be described as the emergence of contemporary oil paintings. At the end of the last century, a large number of galleries and art companies, which were the first to earn enough money in the management of contemporary paintings, first of all had a crucial start in the collection of promising prospects for oil paintings.

Shandong Province has a very large collection of collectors. As long as they have certain economic strength, most of them have the consciousness of art consumption and art collection. The high-end quality and exquisite effect of contemporary oil painting products are especially in line with the artistic consumption style of modern home design; and the features that are easily identifiable and highly fidelity are gradually favored by collectors.

As a major oil painting business in Jinan City, Shandong Spring Auction Company, the annual auction of oil paintings has risen to a higher level. The qualifications of artists who were invited to sign and shoot are higher than in previous years. Mr. Chen Kai, general manager, said: “Looking at the experience of recent years, the success rate of a contemporary oil painter has been successfully introduced, and the rate of return is very impressive; in comparison, the return rate of paintings and paintings is much more stable.” Mr. Chen Kai, an artist who has been increasing business with the company year by year, commented: “The oil painting creation cycle is long. The number of works created by the painter in his life is limited, making it unique and non-replicable. The fake products are also better than other works of art. A lot less, and some of the young and middle-aged oil painters have relatively cheap prices and have obvious price advantages.Furthermore, oil paintings are rich in expressiveness, and many works can be used for interior decoration and small-scale personal collection exhibitions. The favor of the consumer groups."

Obviously, due to the impact of the economic environment in recent years, the stock market and real estate in Shandong Province have fluctuate greatly. For investors, its huge risk and bad investment environment have made it prohibitive. Moreover, the government departments' strong involvement in the investment industries such as real estate and the credit control of the banking industry have greatly reduced the profitability of private investment. Many investors turned to the art market where the planned economy did not fully involve them. The once-famous auction scenes of Poly, Guardian, and Lao Shi were representative examples. However, the excessive proliferation of Chinese traditional calligraphy and painting market and the rampant speculation of famous artists have also caused investors to doubt; contrary to this, the stability of the oil painting collection market has increased in recent years. There are two reasons for this: First, people’s lives in recent years. The gradual increase in the level caused by the higher demand for the aesthetic; the second is the oil painting more admirable and decorative art consumption characteristics than other types of painting. For urban white-collar workers who have completed the stage of real estate consumption, buying and admiring art consumer goods that meet the needs of modern homes can no longer be regarded as luxury. Among them, oil paintings naturally become the object of their favor. These people constitute a huge basic group of oil painting consumption.

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Although many people in the industry are optimistic about the future of the oil painting collection market, for now, it is considered that the oil painting market is far from mature. In this case, the manager of the oil painting department of the Spring Auction Co., Ltd. Ma Qing made a surprise comment: “ The oil painting market is far from mature, on the one hand, it is a bad thing, but on the other hand, it is also a good thing.From the perspective of our practitioners, we can eat and hold potential artists' early and mature works with less investment. The market is heating up, this kind of business opportunity is difficult to grasp because the current investment demand in the oil painting market is far greater than the consumer demand, for a very small number of first-line oil painters, has reached a point where it is hard to find a painting, the difficulty of the works is increased and the cost is increased. There is no obvious expansion of space. Therefore, in the warm-up period of the oil painting market, it is the best policy to establish good business relations with the second- and third-line painters whose first-line artist's painting prices are very different."

In general, auction companies that are the benchmarks of the art market have a lot to say about the trend of the oil painting market and the appreciation potential of the artist's works. Associate Professor Li Yan, a painter and Shandong University of the Arts, said: “Overall, our oil painting industry is very concerned about the auction market of auction companies. We can successfully shoot our works at high prices, represent the price of artists, and society. Our recognition degree: Over the past few years, more and more people have come to buy paintings, including collectors who have a very professional vision, but also lovers who love oil painting, but do not understand how to understand and appreciate, and how to determine the price of painting. It has become a sensitive issue, and the auction record can serve as a very important reference value."

The general manager of Chen Kai said: “There are often collectors who ask us why the works of certain artists are so valuable? We analyze the artist’s auction price for many years to understand the significance of the appreciation of the items. Therefore, we The principle of being accountable to customers, whether or not they are first-line painters, is to be truthful, refined, and rare, because exquisite artwork is a resource and a scarce resource, and there are many collectors to compete. Our operation aims at positioning high-end, if the masterpiece works are rigged, they must not be photographed; the second-line painters must also make a good appearance so that the quality of the auction can be guaranteed in order to better expand the oil painting market, and it is also good for the painter."

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Professor Mao Yanzong, dean of the School of Fine Arts of Shandong University of Arts, pointed out that the essence of art is creation, and there is value in creation. The artistic content of oil paintings determines the quality of the oil painting market. Only a quality market can develop healthily. The market's symbolism is reflected in the artist's auction price, which will play a leading role; on the other hand, the artist should also have the responsibility to cultivate the market, at least responsible for his own work, that is, responsible for the market. A real artist should create more elegant style works to guide and enhance the audience's appreciation level.

The pleasant thing about the Shandong oil painting market is that the recognition of painters by collectors is not only reflected in the price, but also the expectation of multiple orientations. There are fewer people, and the calm and rationality of investment have become mainstream. Manager Ma Qing deeply understands this: “Every time an auction attracts merchants, there are many collectors who are inquiries about the second-line artists we have launched. Many people also hope that we can introduce them. They are very interested in the artist’s experience, status quo and creative ideas. There are also some collectors who feel that some of the oil paintings don't quite understand, and think that most of the painters are alive and want to ask directly. There is no shortage of funds, and buying expensive ones is okay, but you can't buy them wrong."

The general manager of Chen Kai believes that many collectors nowadays want to see both the painting and the painter. As an artist, we also look at both the basic skills and cultural heritage of the painter, as well as his working status and stamina. Can decide how far this artist can go. Shandong is a major province of oil painting and has produced many top-notch, nationally renowned oil painters. The number of oil painting practitioners is astonishing, not only in this province, but also in the forefront of the province in Beijing. Shandong’s status as a major economic province also contributed to the booming oil painting market. Although there are some problems, the overall trend is optimistic.