Results: South Asian Modern + Contemporary Art - London, 11 June 2012

The South Asian Modern + Contemporary Art sale realised £4,102,938/ $6,380,069/ €5,046,614 and was 77% sold by value and 77% sold by lot.

London

South Asian Modern + Contemporary Art
London – Monday, 11 June 2012
Sale no: 5415 – Top Ten
[All sold prices include buyer’s premium]

Sold:

£4,102,938

$6,380,069

€5,046,614

Lots Sold:  86

Lots Offered: 112

Sold by Lot: 77%

Sold by £: 77%

Exchange Rate£:= $ 1.555/ €1.230

Lot

Description

 

Estimate (£)

 

Purchase Price

 

Buyer

24

Tyeb Mehta (1925-2009), Untitled (Mahishasura), 1996

1,200,000 - 1,800,000

£1,385,250

$2,154,064

€1,703,858

 

Asian Institution

44

Syed Haider Raza (B. 1922), Clocher du Village, 1958

450,000 - 600,000

£481,250

$748,344

€591,938

Anonymous

47

 

Syed Haider Raza (B. 1922), Untitled, 1980


120,000 - 180,000

£121,250

$188,544

€149,138

Indian Trade

105

Rameshwar Broota (B. 1941), Untitled, 2002

100,000 - 150,000

£121,250

$188,544

€149,138

European Private

61

Syed Haider Raza (B. 1922), Untitled (Crucifixion), 1957

40,000 - 60,000

£103,250

$160,554

€126,998

Asian Institution

94

Maqbool Fida Husain (1915-2011), Pandharpur

60,000 - 80,000

£94,850

$147,492

€116,666

US Trade

96

Bharti Kher (B. 1969), Border in Red, 2009

50,000 - 70,000

£85,250

$132,564

€104,858

Indian Private

22

Manjit Bawa (1941-2008), Untitled (Goat with Aubergines), 1992

60,000 - 80,000

£85,250

$132,564

€104,858

 

European Private

45

Syed Haider Raza (B. 1922), Village au fond rouge, 1958

40,000 - 60,000

£85,250

$132,564

€104,858

Anonymous

92

Manjit Bawa (1941-2008), Untitled (Acrobat), 1988

40,000 - 60,000

£85,250

$132,564

€104,858

Indian Trade

Comment: Hugo Weihe, Christie’s International Director of Asian Art and Yamini Mehta, Director, Senior Specialist, Christie’s London: “The sale performed well across the board with works which were fresh to the market and from private collections securing strong prices. We are pleased to have achieved 72% market share against our two UK competitors with this annual London sale. Drawing international attention on the telephones, in the room and online using Christie’s LiveTM this auction demonstrated the breadth of demand for the category, with collectors, institutions and dealers from South East Asia, India and the Middle East to Europe and the United States bidding throughout. Tyeb Mehta and the Modern Masters including S.H Raza continued to attract healthy competition; the Contemporary section led by Pakistani miniatures and Bharti Kher inspired a renewed hunger for younger avant-garde in this field.”

Press Contact:

Hannah Schweiger                    +44 207 389 2964        hschweiger@christies.com

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