Christie’s art auctions
Auction houses need to find something special to galvanise the hesitant Indian modern art market and make their sales a success, and that is what both Christie’s and Bonhams have succeeded in doing at their annual June sales in London this week. Christie’s hit a winner on June 10 with a large historic work by [...]
Two trends emerged from Sotheby’s auction of contemporary and modern India art in London on October 7, which achieved sales totalling £4.7m ($7.6m). The top lot was Tyeb Mehta’s notable Blue Painting with a bid of £930,000 (£1.12m including buyers’ premium), which was 50% above the lowest estimate.
The first trend is that, in the current [...]
India’s slumbering modern art market came alive last night at Christie’s first auction in the country when astonishing prices were achieved totalling $15.45m (Rs96.5 crore), roughly doubling estimates. Collectors say that this was the result of extensive marketing by a big Chrisite’s team and the excitement of a live auction, though some of the top [...]
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