Christie's South Asian Modern + Contemporary Art ~ Results, New York, March 20 Christie's sale of South Asian Modern + Contemporary Art totaled $10,974,600/ £5,514,874 / 6,990,191 and was 89% sold by lot and 87% sold by value.
News-Antique.com - Mar 25,2008 - South Asian Modern + Contemporary Art
New York Thursday, March 20, 2008
Sale no: 1975 Top Ten
[All sold prices include buyers premium]
Sold: $10,974,600 £5,514,874 6,990,191
Lots Sold: 111 Lots Offered: 125 Sold by Lot: 89% Sold by $: 87%
Exchange Rate: £ = $ 1.99 / = $ 1.57
Lot Description
Estimate ($)
Purchase Price
Buyer
57 Maqbool Fida Husain, Battle of Ganga and Jamuna: Mahabharata 12, 1972-1971
WORLD AUCTION RECORD FOR ANY CONTEMPORARY INDIAN PAINTING 600,000
800,000 $1,609,000
£808,543
1,024,841 Anonymous
23 Ram Kumar, Vagabond, 1956
WORLD AUCTION RECORD FOR THE ARTIST 400,000
600,000 $1,161,000
£583,417
739,490 Asian Private
43 Tyeb Jehta, Untitled, 1981 600,000
800,000 $657,000
£330,151
418,471 American Trade
70 Francis Newton Souza, Untitled, 1961 350,000
500,000 $385,000
£193,467
245,223 Asian Private
10 Syed Haider Raza, Bindu Pancha Tatva, 1999 300,000
500,000 $361,000
£181,407
229,936 American Private
26 TV Santhosh, Traces of an Ancient Error, 2007 150,000
200,000 $337,000
£169,347
214,650 Asian Private
17 Rameshwar Broota, Traces of Man I, 1995 180,000
200,000 $265,000
£133,166
168,790 American Trade
106 Atul Dodiya, Untitled, 2004 120,000
150,000 $217,000
£109,045
138,217 East Asian Private
31 Maqbool Fida Husain, Mother Teresa, 1997 120,000
180,000 $205,000
£103,015
130,573 American Private
42 Akbar Padamsee, Metascape, 2005 150,000
200,000 $193,000
£96,985
122,930 American Private
Hugo Weihe, International Director, International Specialist Head of Indian and Southeast Asian Art, comments, Todays carefully selected sale was well received by an enthusiastic audience with bidders in the room, on the phone and online, vying for the best works. We are gratified that new records were realized today, including a new world auction record for any contemporary Indian painting, which was set by MF Husain. Works by the senior progressive artists performed well, led by a record for Ram Kumars exceptional figurative work. We look forward to the Asian Contemporary sales in Hong Kong at the end of May.
