VS Gaitonde’s untitled 1982 work has fetched Rs 26.9 crores at Saffronart’s current dwell night sale.
VS Gaitonde’s untitled 1982 work, painted in the course of the peak of his profession, has fetched a whopping Rs 26.9 crores at Saffronart’s current dwell night sale on Trendy Indian Artwork, making it one of many prime 5 highest worth works ever bought by an Indian artist.
The inexperienced oil portray representing the artist’s exact, deliberate method, which was estimated at Rs 20-30 crores, additionally grew to become one of many prime three most costly works by Mr Gaitonde to be bought in India.
Additionally contributing to the spectacular whole sale worth of Rs 54.2 crores, was Bhupen Khakhar’s “Tradesman” (1986), a big portray that was auctioned for the primary time.
It achieved the second highest worth, promoting at Rs three.72 crores.
Ram Kumar’s “Composition” was one other spotlight of the sale. Doubling its decrease estimate, the 1958 work bought for Rs 2 crores.
“The painting marks a significant turning point in the artist’s career, when his work began to transition from the figurative towards abstraction,” the public sale home stated in a press release.
Among the many prime 5 heaps was additionally KH Ara’s Untitled work courting again to the 1940s.
An uncommon, humanistic portrayal of a bunch of labourers enjoying playing cards, the portray bought for 4 occasions its larger estimate at Rs 1.2 crores.
A later geometric work by SH Raza, “Om” (2007) fetched twice its decrease estimate at Rs 1.92 crores.
“The Night Sale with V S Gaitonde’s 1982 masterpiece taking its place among the many prime three highest worth works to be bought by the artist within the nation.
“The outcomes mirror the continued world curiosity in fashionable Indian masters together with Bhupen Khakhar, Okay H Ara and Ram Kumar, whose works have been created throughout a transformational interval in Indian artwork historical past,” Dinesh Vazirani, Saffronart’s CEO and Co-Founder, stated.
Putting sculptures by Pilloo Pochkhanawala and Ramkinkar Baij surpassed their larger estimates.
“Assassination” (1981) by Pilloo Pochkhanawala, one in every of India’s main ladies sculptors, was created with cement, metallic and fibreglass, and bought for greater than 5 occasions its larger estimate at Rs 50 lakhs.
Ramkinkar Baij’s distinctive bronze sculpture portraying Mahatma Gandhi strolling resolutely in the course of the historic Dandi March doubled its decrease estimate to promote for Rs 37.2 lakhs.
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