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Christie’s goes with South Asian Art London auction on June 9

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KOLKATA: Christie’s sale in London of South Asian Modern and Contemporary Art on Thursday, June 9, presents an array of works by the celebrated masters of the Progressive Artists Group, through to the biggest names in Indian and Pakistani contemporary art, and examples by emerging artists who are offered at auction for the first time. The sale is led by Untitled (Figure on Rickshaw), 1984, (estimate: ?800,000-1,200,000), one of the most significant works by Tyeb Mehta to come to the market.

The strength of demand for Mehta was highlighted this spring when Bulls, a diptych painted in 2005-2007, set a world auction record for the artist when it sold for ?1.7 million/$2.8 million at Christie’s New York. Following the landmark success of the Francis Newton Souza Estate offered in 2010, a selection of 54 works by Souza is featured, including 45 works which are offered directly from the family.

The international appeal of this category continues to grow, with participation from buyers in Singapore, Hong Kong, UAE, the United States and Europe. Crossing the spectrum of artists, styles and media, estimates range from ?1,000 to ?1.2 million enabling collectors at every level to engage; the sale as a whole is expected to realise in excess of ?4 million.

Yamini Mehta, director of Modern and Contemporary South Asian Art told ET in an email: “This sale presents the market with one of the most exciting groups of contemporary South Asian Art ever to be offered at auction. The strength and breadth of the works offered is exhilarating. Compositionally, Mehta’s Untitled (Figure on Rickshaw), is one of his greatest works and undoubtedly one of the most significant works by the artist to be sold in the last 10 years.

The international art world continues to deepen its interest, understanding, appreciation and support of South Asian artists, with this year’s Venice Biennale featuring the first Indian Pavilion and revered institutions such as the Centre Pompidou currently showing, Paris-Delhi-Bombay, whilst Mus?e Guimet is holding a solo show of Rina Banerje.”

Leading the Contemporary works are two paintings: Father, 1989, by Atul Dodiya (estimate: ?150,000-250,000) and Idol Thief I, 2006, by Subodh Gupta (estimate: ?150,000-200,000).

The current lot, which measures 48 x 72 inches, was part of his first solo show, which was notably autobiographical and clearly illustrated the influences of 20th century greats such as Edward Hopper and David Hockney.

 

Source: Economic Times

http://articles.economictimes.indiatimes.com/2011-06-08/news/29634142_1_subodh-gupta-world-auction-record-mehta-s-untitled

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Written by Breathe Arts

August 27, 2011 at 6:25 am

Posted in General

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