RESULTS: SOUTH ASIAN MODERN + CONTEMPORARY ART

New York

South Asian Modern + Contemporary Art

 New York, 20 March 2013, Sale #2686

[All sold prices include buyer’s premium]

 

99 lots sold

Total: $8,574,875/£5,659,418/€6,602,654

    78% sold by lot

127 lots offered

£0.66= $1 / € 0.77=$1

90% sold by value

Lot

Description

Estimate ($)

Price Realized

Buyer

20

Syed Haider Raza, Village en Fête, oil on canvas,

Painted in 1964

600,000 - 800,000

$1,859,750

£1,227,435

€1,432,008

Asian Private

31

Vasudeo S. Gaitonde, Untitled, oil on canvas,

Painted in 1986

350,000 - 500,000

$693,750

£457,875

€534,188

US Private

77

Maqbool Fida Husain , Untitled, acrylic on canvas,

Painted circa early 1970s

450,000 - 600,000

$507,750

£335,115

€390,968

US Private

58

Maqbool Fida Husain, Kobra, oil on canvas,

Painted in 1968

350,000 - 500,000

$423,750

£279,675

€326,288

US Private

8

Maqbool Fida Husain, Untitled (Doll’s Wedding),

oil on canvas, Painted circa late 1950s

300,000 - 500,000

$363,750

£240,075

€280,088

US Private

14

Francis Newton Souza,  Houses on a Green Hill,

oil on board, Painted in 1964

150,000 - 200,000

$339,750

£224,235

€261,608

US Private

52

Jagdish Swaminathan, Untitled (Bird and Tree),

oil on canvas, Painted circa 1970s

120,000 - 180,000

$327,750

£216,315

€252,368

European Private

21

Syed Haider Raza, Tam Soonya, acrylic on canvas,

Painted in 1994

280,000 - 400,000

$291,750

£192,555

€224,648

US Private

57

Maqbool Fida Husain , Untitled (Three Heads),

 oil on canvas

250,000 - 350,000

$267,750

£176,715

€206,168

US Private

19

Maqbool Fida Husain, Varanasi I, oil on canvas,

Painted in 1973

100,000 - 150,000

$243,750

£160,875

€187,688

US Private

             

 

Hugo Weihe, International Director of Asian Art and International Specialist Head, South Asian Modern + Contemporary Art Department, New York, said: “The sale of South Asian Modern + Contemporary Art was a success on all levels, with works by Modern masters, such as Syed Haider Raza, Francis Newton Souza, and Tyeb Mehta performing extremely well.  In addition to the active saleroom, there was a significant amount of bidding online, with over a quarter of lots having been bought or directly underbid by a Christie’s LIVE™ client.”  Deepanjana Klein, Head of Sale, South Asian Modern + Contemporary Art, New York, commented:  “In addition, sculptures and contemporary works attracted buyers who remained determined to acquire works of excellent provenance.  World auction records were set for Rina Banerjee, Tayeba Begum Lipi, Imran Qureshi, Ayaz Jokhio, and Farida Batool, a testament to the growing strength of the South Asian contemporary market.”

 

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