Sunday, June 12, 2011

Summing up the recent Christie's auction results

The top ten works in the upcoming London sales of the international auction, house, Christie's are:
  • Atul Dodiya's ‘Father’

  • Untied (Figure on Rickshaw) by Tyeb Mehta

  • Jehangir Sabavala's ‘Whispered Intimations’

  • Untitled (Eclipse) - 3 by Jitish Kallat

Also on the top ten ladder are:
  • Untitled (French Doors) by FN Souza

  • Souza's 'Nude Metamorphosed Into Insect'

  • Souza's Landscape with Buildings and an Untitled (Flagellation of Christ) work

  • Nilima Sheikh's ‘Going Away’

  • Jagdish Swaminathan's Untitled (Bird and Mountain Series)
While the Tyeb Mehta work, bought reportedly by a European private collector, scaled a new price peak for the late artist (it fetched £1,973,250 for record against an estimate range of £800,000-1,200,000), artist Nilima Sheikh also created a new record for herself.

One of her artworks on offer got a price of £79,250 in comparison to an estimate in the range of £60,000-80,000. Atul Dodiya’s work received £265,250, comfortably crossing the estimated range of £150,000-250,000. Jitish Kallat got £145,250 (the estimated price was £120,000-180,000).

A Jehangir Sabavala work fetched an amount of £145,250 against an estimated range of £70,000-90,000. Souza's ‘French Doors’ was sold for £97,250, the ‘Nude Metamorphosed Into Insect’ was picked for a price of £85,250 against the lower estimate of £80,000.

A private collector from the UK purchased the ‘Landscape with Buildings’ for £85,250. The Untitled was also bought by a UK private collector for £79,250. Nilima Sheikh's record price, as mentioned above, stood at £79,250, while the Swaminathan work was purchased for £73,250 by an Indian private buyer, against the estimate of £50,000-70,000.

Christie's international director (Asian art), Hugo Weihe and the head of sale, Yamini Mehta stated, "The latest sale is historic in the South Asian Modern and Contemporary Art scene with the passing of Husain. It featured two lots by him, and both of them were well received. It was a fitting tribute to the great master. The success of late Tyeb Mehta work also reflects the continued demand for rare masterpieces."

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