Bonhams - Indian Art News https://indianartnews.visionsarts.com News on Modern and Contemporary Indian Art presented by Visions Art Wed, 17 Jun 2015 09:10:00 +0000 en-US hourly 1 https://wordpress.org/?v=6.7.1 https://i0.wp.com/indianartnews.visionsarts.com/wp-content/uploads/2017/10/cropped-Visions-Art.png?fit=32%2C32&ssl=1 Bonhams - Indian Art News https://indianartnews.visionsarts.com 32 32 136536861 Indian art shines in foreign markets https://indianartnews.visionsarts.com/indian-art-shines-in-foreign-markets/ https://indianartnews.visionsarts.com/indian-art-shines-in-foreign-markets/#respond Wed, 17 Jun 2015 09:10:00 +0000 http://indianartnews.info/indian-art-shines-in-foreign-markets/ Works by veteran artist V.S. Gaitonde that were sold during the recently-concluded auction of modern and contemporary South Asian art in London. Works by Indian masters sell for £13,70,000 …

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Works by veteran artist V.S. Gaitonde that were sold during the recently-concluded auction of modern and contemporary South Asian art in London.


Works by Indian masters sell for £13,70,000 at a recent auction.

Modern and contemporary Indian art has had much success at auctions held overseas, with international buyers taking note of the talent and works by artists from India.
At a recently-concluded auction organised in London by Bonhams, works by masters like S.H. Raza, Krishen Khanna, M.F. Husain and V.S. Gaitonde sold for a total of £13,70,000, with over 90 per cent of the lots being sold.
Six works by Gaitonde, estimated between £20,000 and £35,000 each, sold for a total of £7,27,000. The works were from the same series of drawings that are part of the same set as a collection in the National Gallery of Modern Art here.
A work by Husain, “Untitled (Self Portrait)”, sold for £56,250, while a work from his horse series sold for £47,500. Tahmina Ghaffar, a specialist in modern and contemporary South Asian art at Bonhams, said each of the works was fiercely contested at the auction. She added that in a market dominated by buyers of Indian origin, international buyers of non-Indian heritage too have started taking note and participating at a high level.
Ms. Ghaffar feels that various institutions and biennales have contributed to global attention Indian artists have been receiving of late and there has been a notable interest from international buyers in works by modern Indian artists in recent years, which is not just a fad.
Earlier, she said, artists were casually disregarded as imitators of western modernists, but they are finally being recognised for their distinct prowess across the globe. Currently, the market is strongest for modern masters, Ms. Ghaffar said. However, contemporary art by Indian artists is forging its way internationally as contemporary artists are tackling the unanswerable questions of place and identity, much like the modern artists of post-Partition India.
“In an increasingly globalised society, this process of achieving self-awareness appeals to an international and not solely an Indian audience. As a result, we are finding more international buyers of contemporary art at auctions,” she added.
Former international director of Asian art at Christie’s Hugo Weihe, who is currently CEO at Saffronart, said Indian art has been extremely well-received internationally, notably in New York and most recently in London, and there is now a global interest in all things Indian.
He feels that while the masters represent well-established values and are, therefore, a safe bet, less time has elapsed to fully evaluate the works of contemporary artists.
But all art was once contemporary then and now it is important to understand the creative process in the context of its time and think about who will hold up to be a “modernist” in the future.
On the lack of experts who can authenticate Indian art, Mr. Weihe feels his new role in this organisation will contribute to nurture specialists and provide pertinent information and historical context for collectors to make an educated decision.
Source – The Hindu – Updated: June 17, 2015 07:36 IST 

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Bonhams to Auction Anish Kapoor’s Mountain at its Contemporary Arab Art Sale in Dubai https://indianartnews.visionsarts.com/bonhams-to-auction-anish-kapoors-mountain-at-its-contemporary-arab-art-sale-in-dubai/ https://indianartnews.visionsarts.com/bonhams-to-auction-anish-kapoors-mountain-at-its-contemporary-arab-art-sale-in-dubai/#respond Wed, 19 Nov 2008 07:30:00 +0000 http://indianartnews.info/bonhams-to-auction-anish-kapoors-mountain-at-its-contemporary-arab-art-sale-in-dubai/ Anish Kapoor (British, b. 1954), Mountain, aluminium, constructed from 120 water-jet cut 2 cm thick aluminium layers mounted on an internal structure 255 cm. high, 500 cm. wide, 281 …

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Anish Kapoor (British, b. 1954), Mountain, aluminium, constructed from 120 water-jet cut 2 cm thick aluminium layers mounted on an internal structure 255 cm. high, 500 cm. wide, 281 cm. deep. Estimate: $1,800,000 – 2,600,000
LONDON.- ‘Mountain’ by Turner Prize winning Anish Kapoor is to be sold at Bonhams next sale of modern contemporary Arab, Iranian, Indian and Pakistani art in Dubai on 24 November.
Constructed from 120 water-jet cut 2 cm thick aluminium layers mounted on an internal structure, this is a rare opportunity to own a piece by one of the most influential sculptors of his generation.
Viewed from the outside, Anish Kapoor’s Mountain rises in front of us like a solid, invincible structure. Executed with formidable precision, its 120 aluminium layers lock together and, at the same time, convey the rugged energy of a mountain surging out of the elemental rock. It possesses an imposing air of grandeur, furrowed and restless yet able to elicit a profound sense of awe in the onlooker. We find ourselves seduced by the challenge of scaling its heights, in order to feel an even greater exultation and release when reaching the top.
Kapoor, however, is not content with engendering a straightforward feeling of delight. His work is complex, and its multi-layered meanings become clear once we succeed in peering over the apex of Mountain. For there, instead of a creating a peak or even a reassuringly flat ledge, he leads our eyes down into a void. Suddenly, without any warning, we find ourselves confronted by absence rather than presence. The mountain’s rim is disconcertingly thin, and anyone brave enough to stand there would be in danger of losing balance.
Looking into the depths of this hollow structure, we feel giddily caught up in the striations running along its sides. They generate a powerful linear rhythm, leading us down towards the darkest depths of this mesmeric, unforgettable sculpture. We grow conscious of the seismic forces which created our world so many centuries ago, especially at the points where Kapoor brings one curve of the mountain’s interior into tactile contact with another. He makes us feel this momentous encounter within our own bodies. We are caught up in its visceral drama. And, most arrestingly of all, Kapoor sucks us deep into the whirling forces at work here. It has the potency of a vortex. Only the most intrepid explorer would venture down into its ominous darkness.
The absolute assurance of Kapoor’s tour de force marks a high point in his career, and proves that he is enjoying a formidable maturity.
Although often linked with Tony Cragg, Richard Deacon and others who have done so much to revitalise contemporary British sculpture, he stands alone. The first nineteen years of his life were spent in India, as the son of a Hindu father and a mother whose family had emigrated from Baghdad. Living for most of the time in a small town outside Delhi, he did not grow up with any special devotion to art. But the Indian insistence on painting and sculpture’s relationship with religion, most spectacularly in the great temples which he visited as a child, had a profound influence on his subsequent work.
Not that Kapoor was ignorant of western alternatives. He already had a wide knowledge of the European tradition before coming to England in 1973, and studying at the Hornsey and Chelsea schools of art. Understandably, though, this interest was quickened most keenly by western artists with a strong spiritual dimension in their work: Barnett Newman, Mark Rothko, Yves Klein and above all Joseph Beuys, whose emphasis on the artist as a shaman with redemptive powers had a special significance for the young Kapoor.
Only in 1979, during a return visit to India, did he appreciate how his native inheritance could best be harnessed to the work he was producing in London. The luminous powder colours sold outside the temples, for use in religious rituals, came as a revelation to him. So did the devotional carvings within the shrines, where the god Shiva seemed capable of fusing intense physicality with an aura of remoteness.
The same union of opposites soon informed the sculpture Kapoor made back in England. He began applying powder colours to forms reminiscent of fruit, breasts and mountains. Brilliant yellows, blues and reds gave his work an immediate sensuous appeal. But these shimmering, seductive presences also had an other-worldly quality. Even as it enhanced their ripe and often erotic allure, the soft powder had a disembodying effect. The work seemed on the point of melting, and Kapoor often placed a number of pieces in groups or long lines to reinforce the idea of an infinite series.
At once enticing and enigmatic, his sculpture could not easily be related to the work of his contemporaries in the 1980s. While Tony Cragg incorporated ready-made objects, scavenged from the scrap-heap of late twentieth-century urban society, Kapoor pointed towards an older and more meditative way of life. His work often looked as if it had been laid out for a ceremonial purpose, nowhere more impressively than in a vast congregation of red sandstone boulders called Void Field. They formed the centrepiece of the superb exhibition he staged as Britain’s official representative at the 1990 Venice Biennale. Filling the room with their rough-hewn bulk, they looked like a cluster of rocks occupying a primordial religious site. But all this solidity was undermined by the small circular marks punctuating the top of each block. Close scrutiny revealed that they were holes, leading the eye down to an immense and disturbing emptiness deep inside. The weight and mass of the sandstone were subverted by this inky vacuum. Plain statement gave way to conundrum, and material certainty was replaced by a haunting awareness of the unknown.
In the early 1990s, after Kapoor won the Turner Prize at the age of 37, he began working on even grander projects. Unafraid of thinking on a monumental scale, he collaborated with the architect David Connor on a tower for the 1992 Expo in Seville. Visitors approached the entrance up a 45 metre-long ramp curving round the lower half of the structure. They then found themselves standing in an oval room, with polished plaster walls lit only by a hole in the roof. The circle of light it cast on the floor contrasted very dramatically with a real hole nearby. And the bulbous cavity beneath the hole, occupying an alarming amount of space, was painted blue because, as Kapoor explained, “blue makes a much better black than black does.” Exploring the entire structure amounted to an eerie experience. Once entered, the lofty building’s seemingly impregnable solidity gave way to an ethereal alternative, offering stillness and unfathomable mystery within.
Over the last decade, Kapoor’s swiftly expanding international reputation has provided him with opportunities to produce even more ambitious and visionary work. Take Taratantara, the spectacular temporary installation he made for the Baltic building at Gateshead in 1999. At that stage, the gigantic former Flour Mills had been completely emptied. It was a shell, waiting to be transformed into an ‘art factory’, and Baltic’s director Sune Nordgren asked Kapoor to work there. Taratantara’s jubilant title hinted at the experience to come. A blazing red PVC membrane was stretched over the open end wall. But it curved inwards as well, terminating in a throat. The aperture tempted you into the building. And there Kapoor delivered a flamboyant visual blow, comparable in impact with the sound Joshua made when he brought down the walls of Jericho. Sprouting into the form of a double trumpet, Taratantara stretched right across the 170-foot void. The redness, combined with the swollen size, stunned viewers walking underneath. Yet its taut skin showed how rigorous Kapoor can be, giving his vaulting apparition a remarkable amount of tensile strength.
Then, in October 2002, he went even further at Tate Modern. Confronted by the overwhelming vastness of its Turbine Hall, few artists could respond with the audacity and verve he commanded. Many visitors were astounded by the impact of the sculpture he installed there. For Kapoor invited them to encounter three colossal, enveloping cavities, stretching out like the mouths of monumental trumpets from an organic form that arched its way through the immense space at his disposal. By calling the sculpture Marsyas, he stirred mythological memories of the bloody flaying which Apollo inflicted on a hapless satyr’s body. But Kapoor’s Marsyas was far less violent and unnerving than Titian’s late painting of the same theme. It provoked above all a sense of awe in onlookers, who found themselves wondering at the combination of boldness and enigma that gave the work its fascination.
Kapoor’s ability to involve viewers of all ages in his art ensures the lasting success of the titanic piece made for Chicago’s new park. Here, on a site also enlivened with new buildings by Frank Gehry and Renzo Piano, he has produced a stainless steel gate sculpture containing a passage through to a vast reflective chamber within. It proves, once again, that Kapoor has a boundless, supple and open-minded capacity to extend himself in refreshing new directions. Far from settling for a predictable identity, he is prepared to take risks and ambush us with sculptural surprises.
Bonhams would like to thank Richard Cork for his invaluable assistance in cataloguing this lot.
Source – Art Daily

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Former auctioneer cashes in on millionaires drawn to Scotland https://indianartnews.visionsarts.com/former-auctioneer-cashes-in-on-millionaires-drawn-to-scotland/ https://indianartnews.visionsarts.com/former-auctioneer-cashes-in-on-millionaires-drawn-to-scotland/#respond Sun, 17 Aug 2008 18:28:00 +0000 http://indianartnews.info/former-auctioneer-cashes-in-on-millionaires-drawn-to-scotland/ By William Lyons THE former boss of Scottish auctioneers Bonhams is aiming to tap into the growing number of international millionaires choosing to settle in Scotland with a new …

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By William Lyons

THE former boss of Scottish auctioneers Bonhams is aiming to tap into the growing number of international millionaires choosing to settle in Scotland with a new business aimed at providing bespoke interior management.

Mark Richards, who ran the Edinburgh auction house for four years, says the fine art market in Scotland is changing and the traditional roles of the auctioneer and the dealer are not as relevant to high net worth individuals who want a more personalised service.

Richards, who has set up MJR Fine Art Management in the Borders and is already working with a number of clients, says the business combines the job of auctioneer, dealer and interior designer.

He said: “The art market in Scotland has changed. The traditional roles of the auctioneer and the dealer do not really apply to what a growing sector of the market want, which is someone who can offer them professional expertise rather than a picture dealer or antique auctioneer who has a loyalty to the vendor or his stock.”

Richards, who travels to sales in New York and around the world sourcing furniture, fine art and collectibles for his clients, added: “There are a lot of foreign buyers buying what Scotland uniquely has to offer, which is the Highland sporting estate, and by the nature of them being foreign buyers they don’t spend a lot of their time over here, therefore they don’t have the time to spend on interior projects. Traditionally one would hire an interior designer and source the furniture and art elsewhere. We offer a complete approach.”

The news comes just weeks after one of Scotland’s most secluded great houses, Yester House in East Lothian, was put on the market with a price tag of £15m. Savills have said that there is “no doom and gloom at the top of the market” as recent figures show that 283 houses were sold for more than £1m north of the Border last year, up from 163 in 2006.

In recent years Scotland has become a popular hunting ground for wealthy Russian property investors, as they can buy trophy estates at what to them are bargain-basement prices compared with the south-east of England.

Meanwhile, fine art funds are reporting a boom in interest since the start of the liquidity crisis as investors look to diversify their portfolios and place their money in “real, tangible assets”. Interest has become so strong that experts are predicting annual turnover in the global art market will more than triple over the next four years, from £15bn to £50bn.

Last month Christie’s announced a 10% leap in first-half sales compared with last year. Its impressionist and modern art sale in London in February produced the highest ever sales total for a European auction, with pieces by Monet and Francis Bacon contributing to an overall haul of £144m.

Sotheby’s expects its forthcoming Damien Hirst sale next month to raise in excess of £65m.

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