RESULTS: South Asian Modern + Contemporary Art Including Property From The Estate of Francis Newton Souza

Sold:

£12,462,425 

$18,092,364

15,056,174 

Lots Sold:  204

Lots Offered: 223

Sold by Lot: 91%

Sold by £: 98%

Exchange Rate£:= $1.457/ € 1.209

 

Lot

Description

 

Estimate (£)

 

Purchase Price

 

Buyer

224

Syed Haider Raza (b. 1922), Saurashtra, 1983

World Auction Record For Any Modern Indian Work of Art

World Auction Record For The Artist

1,300,000 - 1,800,000

£2,393,250    

$3,486,965
€2,893,439

Private Indian Museum

214

Tyeb Mehta (1925-2009), Falling Bird, 1999

400,000 - 600,000

£1,049,250    

$1,528,757
€1,268,543

Private Indian Museum

48

Francis Newton Souza (1924-2002), Red Curse, 1962

150,000 - 250,000

£881,250   

$1,273,406
€1,063,669

European Private

237

Vasudeo S. Gaitonde (1924-2001), Untitled, 1985

200,000 - 300,000

£679,650    

$990,250
€821,697

Anonymous

252

Maqbool Fida Husain (b. 1915), Untitled (Arjuna and Krishna) circa 1980s

500,000 - 700,000

£577,250    

$841,053
€697,895

U.S. Private

 

246

Subodh Gupta (b. 1964), Chimta, 2003

200,000 - 300,000

£529,250    

$771,117
€639,863

European Private

11

Francis Newton Souza (1924 - 2002), Christ, 1948

50,000 - 80,000

£349,250   

$504,666
€421,545

Anonymous

68

Francis Newton Souza (1924 - 2002), Portrait of a Man, 1956

40,000 - 60,000

£265,250

$383,286
€320,157

Anonymous

107

Francis Newton Souza (1924 - 2002), Untitled (Lovers), 1961

40,000 - 60,000

£241,250 

$348,606
€291,119

Asian Private

114

Francis Newton Souza (1924-2002), White Man Black Woman, 1988

40,000 - 60,000

£241,250  

$348,606
€291,119

Asian Private

 

Comment: Hugo Weihe, Christie’s International Director of Asian Art and Yamini Mehta, Head of Sale:

“This sale represents records of every kind. Showing the depth of enthusiasm and passion to obtain rare objects, the sale of South Asian Modern + Contemporary Art Including Property from the Estate of Francis Newton Souza realised an overall total of £12.4 million, becoming the most valuable sale of this category in history. The monumental work Saurashtra by Syed Haider Raza set a World Auction Record not only for the artist but for any modern Indian art in history. We are thrilled that this work will return to India as a fitting tribute to the artist and a celebration of art from this region. Elsewhere in the various owner section of the sale, 10 June, a carefully selected array of iconic works by modern and contemporary masters was met with true enthusiasm and depth of bidding throughout. Six new Artist World Auction Record Prices were set, including: Aisha Khalid (lot 236); Sunil Gawde (lot 239); Naiza Khan (lot 244); Imran Qureshi (lot 249) and Soren Pors & Aparna Rao (lot 269). We are honoured that Maqbool Fida Husain attended the auction and pleased that he saw all works by his hand sell successfully. Masterworks by Subodh Gupta, Gaitonde and Tyeb Mehta all roared past their high estimates and cemented this sale as a benchmark for the season, the year and beyond.”

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