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20 September 2010  |  New York, Rockefeller Center   |  PRINT
For Immediate Release

RESULTS: South Asian Modern + Contemporary Art

 

South Asian Modern + Contemporary Art
New York – September 15, 2010
Sale no: 2336 – Top Ten

[All sold prices include buyer’s premium]

Sold:

$7,537,250

£4,893,642

€5,865,563

Lots Sold: 65 

Lots Offered: 106

Sold by Lot: 61%

Sold by $: 64%

Exchange Rate: £1 = $1.54/  €1 = $1.28

Lot

Description

 

Estimate ($)

 

Purchase Price

 

Buyer

323

Syed Haider Raza, La Terre, acrylic on canvas, painted in 1985

2,000,000-2,500,000

$1,930,500

£1,253,398

€1,502,334

Anonymous

334

Francis Newton Souza, Untitled (Large Head), oil on canvas, painted in 1962

1,200,000-1,800,000

$1,426,500

£926,170

€1,110,116

U.S. Private

383

Subodh Gupta, Two Cows, bronze and aluminum with chrome, executed in 2005

280,00-350,000

$542,500

£352,224

€422,178

European Private

365

Maqbool Fida Husain, Untitled (Sitar Player), oil on canvas, painted circa late 1960s

350,000-500,000

$422,500  

£274,312

€328,793

Asian Institution

345

Manjit Bawa, Untitled (Durga), oil on canvas

200,000-250,000

$314,500

£204,192

€244,747

U.S. Trade

355

Syed Haider Raza, Rajasthan, acrylic on canvas, painted in 1975

250,000-350,000

$290,500

£188,610

€226,070

Indian Private

388

Subodh Gupta, Densely Packed, oil on canvas, painted in 2004

250,000-300,000

$290,500

£188,610

€226,070

U.S. Private

347

Subodh Gupta, Untitled, oil on canvas, painted in 2004

200,000-300,000

$242,500

£157,445

€188,715

U.S. Trade

328

Francis Newton Souza, Untitled (Seated Nude), oil on canvas, painted in 1962

70,000-90,000

$182,500

£118,490

€142,023

Anonymous

382

Rashid Rana, Red Carpet III, chromogenic print and Diasec mounted, 2007

150,000-250,000

$ 182,500

£118,490

€142,023

U.S. Private

Hugo Weihe, International Director of Asian Art and International Specialist Head, South Asian Modern + Contemporary Art Department, New York said: “Top quality works were recognized and we were pleased to witness new clients enter the market at a very high level, demonstrating confidence in a category that is well established.  The sale saw lively bidding by international buyers in the room, on the telephone, and online with strong participation from international institutions.”  Deepanjana Klein, Head of Sale, Specialist, South Asian Modern + Contemporary Art Department added: “We were particularly delighted with prices realized for works by contemporary artists such as Sudbodh Gupta, TV Santosh, Rashid Rana, Atul Dodiya, and Anju Dodiya, which were well received by clients across the globe.”

Press Contact:

Sung-Hee Park, 212 636 2680, spark@christies.com

Date and Location of Next Sale:

27-29 November, Hong Kong


Related Departments Southeast Asian Modern & Contemporary Art



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Christie’s, the world's leading art business, had global auction and private sales in 2013 that totaled £4.5 billion/ $7.1 billion, making it the highest annual total in Christie’s history. Christie’s is a name and place that speaks of extraordinary art, unparalleled service and expertise, as well as international glamour. Founded in 1766 by James Christie, Christie's has since conducted the greatest and most celebrated auctions through the centuries providing a popular showcase for the unique and the beautiful. Christie’s offers around 450 auctions annually in over 80 categories, including all areas of fine and decorative arts, jewellery, photographs, collectibles, wine, and more. Prices range from $200 to over $100 million. Christie's also has a long and successful history conducting private sales for its clients in all categories, with emphasis on Post-War & Contemporary, Impressionist & Modern, Old Masters and Jewellery. Private sales totaled £760.5 million ($1.19 billion) in 2013, an increase of 20% on the previous year.

Christie’s has a global presence with 53 offices in 32 countries and 12 salerooms around the world including in London, New York, Paris, Geneva, Milan, Amsterdam, Dubai, Zürich, Hong Kong, Shanghai, and Mumbai. More recently, Christie’s has led the market with expanded initiatives in growth markets such as Russia, China, India and the United Arab Emirates, with successful sales and exhibitions in Beijing, Mumbai and Dubai.

*Estimates do not include buyer’s premium. Sales totals are hammer price plus buyer’s premium and do not reflect costs, financing fees or application of buyer’s or seller’s credits.

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