Christie's india - Indian Art News https://indianartnews.visionsarts.com News on Modern and Contemporary Indian Art presented by Visions Art Fri, 23 Oct 2015 08:22:00 +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 Christie's india - Indian Art News https://indianartnews.visionsarts.com 32 32 136536861 Christie’s lines up classical Indian art for Mumbai auction in Dec https://indianartnews.visionsarts.com/christies-lines-up-classical-indian-art-for-mumbai-auction-in-dec/ https://indianartnews.visionsarts.com/christies-lines-up-classical-indian-art-for-mumbai-auction-in-dec/#respond Fri, 23 Oct 2015 08:22:00 +0000 http://indianartnews.info/christies-lines-up-classical-indian-art-for-mumbai-auction-in-dec/ A buff sandstone figure of a dancing Ganesha, a Chola granite dvarapala figure and miniature paintings from the ancestral collections of Bikaner royalty will be among the rare items …

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A buff sandstone figure of a dancing Ganesha, a Chola granite dvarapala figure and miniature paintings from the ancestral collections of Bikaner royalty will be among the rare items to go under the hammer in an auction to be held by Christie’s on December 15, in Mumbai.
 Announcing its third consecutive India Sale, the world’s largest auction house said that the sale will include a section dedicated to Classical Indian Art for the first time . 
William Robinson, International Head of World Art said: “When we made the bold move in 2013 to hold our first sale in India we had hopes of including Indian Classical Art in our auctions in the near future. With the necessary licenses now in place, we are excited to bring our longstanding expertise in this category, which has for so long been one of the cornerstones of our business, to our sales in India. As these objects are not able to be exported, but can still be exchanged in India, they will be safeguarded, and through the cataloguing process they will be properly identified and, for the time they are on exhibition, available for all to see and enjoy.”
 Auction of Indian antiquities has always been a big draw for Christie’s, which shored up a jaw-dropping $134 million in an auction of Robert Hatfield Ellsworth Collection in New York in March.
 One of the most important works of art offered in the sale is a buff sandstone figure of the dancing Ganesha. The statue is carved with voluptuous form as well as a sense of joyful elegance and agility. This signature piece of the sale will be auctioned at a base price of Rs. 70,00,000. Another life-size early Chola granite dvarapala sculpture from Yamini Krishnamuthi’s collection is likely to fetch Rs. 1,20,00,000.
 Among other works to be sold will be approximately 80 lots from private and corporate collections. The auction includes modern masterpieces by c.
 Gaitonde’s Untitled 1995 work maintains a delicate balance of light, texture, colour, and space, which makes the artist’s paintings lyrical and luminous.
 Another art work to be auctioned is Tyeb Mehta’s Untitled (Two Figures) painted in 1981, represents an important turning point in the artist’s work, illustrating a growing complexity in composition and the facility of line. In this modernist masterpiece, the heavily textured impressionistic brushstrokes from Mehta’s early days are completely transformed into a new painting mode.
IANS | New Delhi

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Christie’s bids for another high in Indian art market https://indianartnews.visionsarts.com/christies-bids-for-another-high-in-indian-art-market/ https://indianartnews.visionsarts.com/christies-bids-for-another-high-in-indian-art-market/#respond Wed, 08 Oct 2014 12:41:00 +0000 http://indianartnews.info/christies-bids-for-another-high-in-indian-art-market/ SummaryChristie’s first auction in Mumbai in 2013 was a phenomenal success, establishing the highest price for a work of art ever sold in India.  Jehangir Sabavala’s The Green …

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SummaryChristie’s first auction in Mumbai in 2013 was a phenomenal success, establishing the highest price for a work of art ever sold in India.


Jehangir Sabavala’s The Green Cape, oil on canvas, painted in 1974, is likely to fetch between R1.2 crore and R1.8 crore.


Jehangir Sabavala’s The Green Cape, oil on canvas, painted in 1974,  is likely to fetch between R1.2 crore and R1.8 crore.
Jehangir Sabavala’s The Green Cape, oil on canvas, painted in 1974, is likely to fetch between R1.2 crore and R1.8 crore.

When London-based auction house Christie’s holds its second auction in Mumbai on December 11, it will be capitalising on a market that it shook up last year. Christie’s first auction in Mumbai in 2013 was a phenomenal success, establishing the highest price for a work of art ever sold in India, and the total sale of R96,59,37,500 was double the pre-sale expectations.
Some recent successful sales by Indian auction houses have just reinforced the fact that good art will attract buyers and better prices. For instance, an auction by Delhi-based Saffronart last month sold 83 artworks for over R38 crore in one evening, apart from a Jehangir Sabavala painting for R3 crore.
An online auction of modern and contemporary art by Indian artists, including MF Husain, SH Raza and Anjolie Ela Menon, raised R20 crore last month. In the auction conducted by AstaGuru.com, Raza’s work, titled Bhoomi, sold for R5.3 crore.
However, are high values for Indian art and successful sales here to stay?
Christie’s international director of Asian art Amin Jaffer certainly thinks so. Positive about this year’s auction too, he says early indications are for strong results once again. In an email response to FE, he promises Christie’s will have a good selection, particularly of works by modern masters. Giving details, he says the auction house already has a sublime landscape by Sabavala from 1974, The Green Cape, with a pre-sale estimate of R1.2-1.8 crore and a rare Tyeb Mehta portrait. Other artists include Bhupen Khakhar, Subodh Gupta, Rashid Rana, Mithu Sen, Bharti Kher, Nilima Sheikh and Thukral & Tagra.
Seeing last year’s response, Christie’s has decided to make the sale an annual affair in India. As Jaffer says, “We are committed to the Indian market for the long term. We have had a presence in India for 20 years but feel the time is right to make our auctions part of the art calendar, alongside other initiatives that will ensure a vibrant and sustainable future for the art market in India.”
Kishore Singh, head, publications & exhibitions, Delhi Art Gallery, says everyone is waiting and watching for Christie’s second auction that will truly define the market for Indian art. “The first auction was a superb collection of artworks and had the entire might of Christie’s behind it. Let’s see if the second auction matches it in terms of quality and value.” He terms the first auction an ‘aberration’, saying only sustained success will help the Indian market, especially unestablished artists. He also points out that no phenomenal sales of Indian art happened globally immediately after the auction in India. However, with recent successful auctions, he predicts the value of Indian art to go up to R100 crore by end of the decade. If that’s not success, what is?

Ivinder Gill | New Delhi | Published: Oct 08 2014



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