RESULTS: South Asian Modern + Contemporary Art and Francis Newton and Maria Souza: A Life Partnership in Art, The Shelley Souza Collection

New York

South Asian Modern + Contemporary Art

 New York, 18 March 2014, Sale #2827

[All sold prices include buyer’s premium]

 

53 lots sold

Total: $7,242,500 /£4,345,500 /€5,214,600

    68% sold by lot

78 lots offered

£0.6= $1 / € 0.72=$1

 75% sold by value

Lot

Description

Estimate ($)

Price Realized

Buyer

220

Syed Haider Raza, La Terre,

acrylic on canvas, Painted in 1973

Upon Request

$3,105,000

£1,863,000

€2,235,600

US Private

230

Tyeb Mehta, Untitled (Bull),

acrylic on canvas, Painted in 2000

2,000,000-3,000,000

$2,285,000

£1,371,000

€1,645,200

India Private

210

Akbar Padamsee, Untitled,

oil on canvas, Painted in 1967

200,000-300,000

$245,000

£147,000

€176,400

India Private

278

Rameshwar Broota, Traces of Man - The Unknown-Soldier - I, oil on canvas, Painted in 1999

200,000-300,000

$245,000

£147,000

€176,400

US Private

234

Subodh Gupta, Untitled,

oil on canvas, painted in 2007

100,000-150,000

$125,000

£75,000

€90,000

Asian Private

261

Krishen Khanna, Untitled (Round Table),

oil on canvas, Painted circa 1970s

100,000-150,000

$112,500

£67,500

€81,000

European Private

267

Jitish Kallat, Universal Recipient,

acrylic on canvas with bronze sculpture supports

70,000-90,000

$112,500

£67,500

€81,000

Asian Private

240

Ismail Gulgee, Untitled,

oil on canvas, Painted in 1987

25,000-35,000

$81,250

£48,750

€58,500

US Private

232

Atul Dodiya, Pause - II,

oil and acrylic with marble dust and charcoal on canvas, Painted in 2010

60,000-80,000

$75,000

£45,000

€54,000

European Private

231

Ram Kumar, Untitled (Kashmiri Houseboat),

Painted circa 1960s, Painted circa 1960s

60,000-80,000

$72,500

£43,500

€52,200

US Private

Deepanjana Klein, Head of Sale, South Asian Modern + Contemporary Art, New York, commented, “This sale of South Asian Modern + Contemporary Art demonstrated a tremendous amount of international interest, with buyers of the top lots bidding eagerly from around the globe for these significant works.  The top lot of the sale, Syed Haider Raza’s La Terre, sold to an American collector for $3.1 million, the second highest price for the artist at auction.”   Hugo Weihe, International Director of Asian Art and International Specialist Head, South Asian Modern + Contemporary Art Department, New York, added, “The Shelley Souza Collection performed exceptionally well and saw the institutional participation, cementing Francis Newton Souza’s reputation as one of the greatest figures in Indian Modernism. It was truly a rare opportunity to acquire these exceptional works, many of which have never been seen before. The enthusiasm in the room, on the phone, and via Christie’s LIVE™ led to a combined total of $10 million for the category of South Asian Modern + Contemporary Art this season.”

PRESS CONTACT: Sung-Hee Park  | +1 212 636 2680| spark@christies.com

Next Sale: 11 June 2014, London, Contemporary Indian Art

 

Please click here to view the full international schedule of upcoming sales from

the South Asian Modern + Contemporary Art department at Christie’s.

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.

             

 

 Francis Newton and Maria Souza: A Life Partnership in Art,

The Shelley Souza Collection

 New York, 18 March 2014, Sale #3486

[All sold prices include buyer’s premium]

 

150 lots sold

Total: $2,842,375 /£1,705,425 /€2,046,510

   91% sold by lot

165 lots offered

£0.60= $1 / € 0.72=$1

 97% sold by value

Lot

Description

Estimate ($)

Price Realized

Buyer

71

Francis Newton Souza, Reclining Nude on Brocade,

oil on brocade; pencil on paper, Painted in 1962 and executed in 1961; One work on fabric; one work on paper

80,000-120,000

$275,000

£165,000

€198,000

US Private

52

Francis Newton Souza, Supper at Emmaus,

acrylic on canvas, Painted in 1987

80,000-120,000

$269,000

£161,400

€193,680

India Trade

73

Francis Newton Souza, Untitled (Head),

oil and spray paint on board, Painted in 1968

80,000-120,000

$167,000

£100,200

€120,240

US Private

79

Francis Newton Souza, Untitled (Landscape),

oil on canvas, Painted in 1963

60,000-80,000

$149,000

£89,400

€107,280

US Private

147

Francis Newton Souza, Flowers,

oil on canvas, Painted in 1973

25,000-35,000

$87,500

£52,500

€63,000

Institution

13

Francis Newton Souza, Black Landscape,

oil on canvas, Painted in 1965

12,000-18,000

$81,250

£48,750

€58,500

US Private

60

Francis Newton Souza, Robot,

oil on canvas board, Painted in 1973

20,000-30,000

$75,000

£45,000

€54,000

Institution

97

Francis Newton Souza, Beggars in Bombay,

gouache on paper, Executed in 1944

10,000-15,000

$75,000

£45,000

€54,000

Institution

106

Francis Newton Souza, Astronaut: Homage to Gagarin,

oil on board, Painted in 1968

30,000-50,000

$72,500

£43,500

€52,200

Asian Private

35

Francis Newton Souza, Untitled (Horse),

oil on canvas, Painted in 1963

12,000-18,000

$68,750

£41,250

€49,500

India Private

Deepanjana Klein, Head of Sale, South Asian Modern + Contemporary Art, New York, commented, “This sale of South Asian Modern + Contemporary Art demonstrated a tremendous amount of international interest, with buyers of the top lots bidding eagerly from around the globe for these significant works.  The top lot of the sale, Syed Haider Raza’s La Terre, sold to an American collector for $3.1 million, the second highest price for the artist at auction.”   Hugo Weihe, International Director of Asian Art and International Specialist Head, South Asian Modern + Contemporary Art Department, New York, added, “The Shelley Souza Collection performed exceptionally well and saw the institutional participation, cementing Francis Newton Souza’s reputation as one of the greatest figures in Indian Modernism. It was truly a rare opportunity to acquire these exceptional works, many of which have never been seen before. The enthusiasm in the room, on the phone, and via Christie’s LIVE™ led to a combined total of $10 million for the category of South Asian Modern + Contemporary Art this season.”

PRESS CONTACT: Sung-Hee Park  | +1 212 636 2680| spark@christies.com

Next Sale: 11 June 2014, London, Contemporary Indian Art

 

Please click here to view the full international schedule of upcoming sales from

the South Asian Modern + Contemporary Art department at Christie’s.

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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