World Art Finder LABA Award-Winning Artist Xinyong Wang Receives Market Valuation for Three Artworks of $300,000

Press Release Information

  • PRESS RELEASE_POSTED_BY: Ford PIERRE
  • PRESS RELEASE_POSTED_ON: Jul 14, 2022
  • Views : 497
  • Category : Written By Others
  • Description : Organizing Committee announced that artist Mr. Xinyong Wang[M1] received a valuation of $300,000 for three pieces of art. The three artworks, Impression of Butterfly, Green Leaf Banana, and Silence Here, are valued at about 2 million RMB. The appraisal was completed by Richard Wearn, an appraiser of JH International Art Institute--the designated artwork appraisal agency of the LABA International Art Festival.

Overview

  • Organizing Committee announced that artist Mr. Xinyong Wang[M1] received a valuation of $300,000 for three pieces of art. The three artworks, Impression of Butterfly, Green Leaf Banana, and Silence Here, are valued at about 2 million RMB. The appraisal was completed by Richard Wearn, an appraiser of JH International Art Institute--the designated artwork appraisal agency of the LABA International Art Festival.

    Mr. Xinyong Wang, an artist living in the United States, has studied Chinese painting and calligraphy for over 20 years. He has a strong foundation in fine art and worked in Beijing, Nanjing, Shanghai, China, Los Angeles, Santa Fe, Taos, Texas A&M University STARK Gallery, Texas Brasseau Art Center, and Michigan State University Asian Studies Center, among others. As the Deputy Director of the Culture and Art Committee of the Jiangsu General Chamber of Commerce in the United States, Wang devoted himself to promoting the exchanges of culture and art between China and the United States.

    Wearn has been a professor of art at the University of California State, Los Angeles, since 2005. His art is exhibited worldwide, and he serves as an art critic for several mainstream media outlets. Wearn's books on Western and Chinese contemporary art are published internationally, and he taught at prestigious art institutions in China, Taiwan, the United States, and Europe. In addition to his academic and artistic career, Wearn worked at the Contemporary Art Museum of Los Angeles, Blum and Poe Gallery in Santa Monica, and helped establish Patricia Marshall Fine Arts--one of the most influential private art consultancies in the world. Since 2019, Richard Wearn Fine Art has provided appraisal and consulting services to many important collectors in the United States, Italy, and China. Wearn appraised the works of famous artists such as Andy Warhol, Lucio Fontana, Basquiat, Picasso, Lichtenstein, Banksy, Naim June Paik, and others. Wearn provided consulting to numerous world-class art institutions such as Lomonen SE in Prague and The DART Museum in Milan.

    On July 8, at 4:00 p.m. Los Angeles time and 7:00 a.m. Beijing time, Mr. Joey Zhou, the founding chairman of the LABA International Art Festival, and Mr. Wang were interviewed by Sheri Determan of the LABA International Art Festival. Zhou asked Wang about the valuation. Wang advised he was highly recommended by the world-renowned contemporary artist Jiannan Huang. Mr. Huang is the first Blue-chip artist of the LABA International Art Festival and a senior consultant to the Los Angeles Beverly Arts.

    Wang was also recommended by the organizing committee of the LABA International Art Festival, which honored him with a LABA Icon Award. On behalf of the LABA International Art Festival Organizing Committee, Zhou congratulated Wang on his breakthrough in the art business market in North America.

    About the Los Angeles Beverly Arts (LABA) and the LABA Los Angeles International Art Festival

    The Los Angeles Beverly Arts (LABA), the Los Angeles International Art Festival, and the Beverly Arts Online Exhibition feature artists from all over the world who have come together to display their work in a virtual gallery exhibition. Visitors can visit the exhibit at any time and enjoy the artwork of some of the world's most talented and unique artists chosen to participate in this event. For more information, visit http://www.thebeverlyarts.com.