FN Souza's 'Fan Dancer' painting fetches Rs 1.19 cr at online auction

Art by HA Gade and Paritosh Sen fetched the highest price ever for their works.

Agencies
The house concluded its Collectors Choice: Modern Indian Art online auction on June 26 featuring works of India’s eminent modernists including MF Hussain, SH Raza, Ganesh Pyne and Jogen Chowdhury.
KOLKATA: A painting by FN Souza fetched a whopping Rs 1.19 crore ($167,750) at the AstaGuru's auction held last week while artworks by HA Gade and Paritosh Sen fetched the highest price ever for their works.

Souza's, one of India’s most distinguished modernists and a member of the Progressive Artists' Group work titled ‘Fan Dancer’, an oil on canvas from 1962 achieved the highest sales.



SH Raza’s ‘Nidhi’, an acrylic on canvas painting from 1990, which was offered for the first time in an auction achieved the second highest price of Rs 1.07 crore ($ 151,444).

FN Souza's Fan Dancer and Nidhi by SH Raza (Image courtesy: www.astaguru.com)
FN Souza's Fan Dancer and Nidhi by SH Raza (Image courtesy: www.astaguru.com)

Gade’s Untitled oil on canvas work of 1950, commanded a record-breaking price of Rs 48.81 lakh ($ 68,745), whereas, Sen’s House of Banaras, a rare work from the artists oeuvre from 1958, was sold at Rs 62,30 lakh ($ 87,745), the online auction house said.

The house concluded its Collectors Choice: Modern Indian Art online auction on June 26 featuring works of India’s eminent modernists including MF Hussain, SH Raza, Ganesh Pyne and Jogen Chowdhury.
ADVERTISEMENT


The auction witnessed bidding across the collection with many international buyers participating in the online sale.

“We are extremely thrilled with the successful results of our online auction of modern Indian art," said, Sunny Chandiramani, vice president at AstaGuru

"This further showcases how the demand for works from India’s modernists has steadily and significantly increased over the years as collectors look to acquire works across several mediums and at different price points," he said.
Download
The Economic Times Business News App
for the Latest News in Business, Sensex, Stock Market Updates & More.
READ MORE
ADVERTISEMENT

READ MORE:

LOGIN & CLAIM

50 TIMESPOINTS

More from our Partners

Loading next story
Business News › Magazines › Panache › FN Souza's 'Fan Dancer' painting fetches Rs 1.19 cr at online auction
Text Size:AAA
Success
This article has been saved

*

+