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ART AUCTION RESULTS
Rs 167 crore for Raja Ravi Varma's masterpiece: How rarity, narrative, and timing turned it into a trophy assetAcquired by Cyrus Poonawalla, one of India’s most prominent industrialists, this transaction reflects a shift in which price sensitivity de...- Set of Rabindranath Tagore's letters fetched a whopping Rs 5.9 croreRabindranath Tagore's handwritten letters to Dhurjati Prasad Mukherji were auctioned. The letters fetched Rs 5.9 crore. It is the second-hi...
- Christie's first AI art auction sees hits... and plenty of missesChristie's first auction of art made by artificial intelligence (AI) ended Wednesday with mixed results, providing scant clues as to the fu...
- For the art industry, it's a millennial's worldMillennials spent 6 times more on art than collectors above the age of 55 in the past 2 yrs.
- A brush with the art martWe present some innovative and state-of-the-art approaches. First, we use functional data analysis to investigate price dynamics.
- Astaguru’s Collectors Choice Auction generates Rs 28 cr in sales; Raza, Husain works among top modernist buysThe auction generated a total sales value of INR 28,99,87,021 (USD 4,027,510).
- Mini Adolf Hitler sells for $17.2 millionA child-size sculpture of Adolf Hitler fetched $17.2 million, leading two evening auctions that proceeded at a steady, if not frenzied, pac...
- Amrita Sher-Gil portrait fetches record $2.9 millionA rare self-portrait by Amrita Sher-Gil has sold for $2.92 million in Sotheby's New York auction, setting a new record for an Indian woman ...
- Tyeb Mehta's Blue Painting fetches Rs 11 crore at Sotheby's India auctionThe piece of art by Tyeb Mehta grossed Rs 46.4 crore (4.6 million pounds), the highest total of the season for any sale in this category.
- Fresh arrivals brighten up art sale canvasA Mumbai-based art collector put a painting by Jehangir Sabavala up for auction in Delhi last week and it fetched Rs 3 crore.
- Christie's London evening auction realised $206.15 millionThe top price of the evening was paid for Francis Bacon's Portrait of George Dyer Talking, which sold for £42,194,500/ $70,042,870/ €51,308...
- Indian art market: Last week's record price for a Gaitonde work may revive art as an asset classKiran Nadar, founder of Kiran Nadar Museum of Art, who participated in the Christie’s auction, says the event is potentially a market moodc...
- Mumbai-based Saffronart's annual Autumn Art Auction gets a total of Rs 21 croreLed by Tyeb Mehta's 1988 canvas 'Falling figure with Bird' and a rare painting by Amrita Sher-Gil from the early 1930s, Mumbai-based Saffro...
- The price of new contemporary talentWhen Subodh Gupta broke through the $1 million auction price barrier in May 2008, the Indian contemporary art market was heading for new he...
- Permit business but ensure artistic licenceWhen talking about the Indian art market and pricing, one of the first words that springs to mind is ‘mechanics’. The dictionary defines it...
- Valuation services bring stability, strength in art marketValuation services revolving around art extended by leading international auction houses inject a degree of stability and strength in the m...
- Auction results pick up as art tags dropA significant element surfacing in the art market in midst of the recession is that auctions, both at home and abroad, have started doing r...
- Sotheby's art sale in Europe rakes in a record $189mnSotheby’s has come up with highest ever sale of contemporary art in Europe. The auction has totalled $189,424,299, with six artists swingin...
- Real valueIt is the search for the true price of an artist in the market. Where estimates and final hammer prices vary from one auction to the other,...
- Indian art sale up against oddsThe art auction market of late is in a state of flux, throwing up a wide range of operational possibilities by the day. In the process.
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