Art Market Monitor

Global Coverage ~ Unique Analysis

  • AMMpro
  • AMM Fantasy Collecting Game
  • Podcast
  • Contact Us

India Rising

June 25, 2008 by Marion Maneker

Four Artists Get Evening Sale Billing

Sotheby’s makes a concerted effort to break out Contemporary Indian and Pakistani artists in their evening Contemporary art sales. With eight works estimated at a combined value of $4 million, Sotheby’s hopes the sale will continue a trend that promises to refresh and renew the Contemporary art category. Sotheby’s James Sevier comments (after the jump):

We have witnessed a huge growth in demand for works by Indian artists over the past 18 months; their work is increasingly being sought by Western and Indian collectors. This demand has seen new record price levels continually being achieved at auction. We expect the works on offer in July to follow recent trends, affirming the position of these artists as some of the most innovative and influential names on the international Contemporary Art auction market today.

Raqib Shaw’s Chrysanthemum & Bee, estimated at between $160,000 and $240,000, (pictured) is among the works by Anish Kapoor, Bharti Ker and Subodh Gupta.

Sotheby’s Sale of Contemporary Art to Feature Works by Leading Indian Contemporary Artists (ArtDaily.org)

More from Art Market Monitor

  • London Gives Some Second Thoughts About June SalesLondon Gives Some Second Thoughts About June Sales
  • Sotheby’s London Contemporary Evening = £118m ($144.5m)Sotheby’s London Contemporary Evening = £118m ($144.5m)
  • Sotheby’s Goes German in London Led by BaselitzSotheby’s Goes German in London Led by Baselitz
  • Market Stalwarts and Entrepreneurial Newcomers Show Off at Sotheby’sMarket Stalwarts and Entrepreneurial Newcomers Show Off at Sotheby’s
  • Richter Abstract Leads Sotheby’s London Contemporary SaleRichter Abstract Leads Sotheby’s London Contemporary Sale
  • Sotheby’s Frieze Day Sale = £11.9mSotheby’s Frieze Day Sale = £11.9m

Filed Under: Uncategorized Tagged With: Contemporary, Indian, London, Sotheby's

About Marion Maneker

LiveArt

Want to get Art Market Monitor‘s posts sent to you in our email? Sign up below by clicking on the Subscribe button.

  • About Us/ Contact
  • Podcast
  • AMMpro
  • Newsletter
  • FAQ

twitterfacebooksoundcloud
Privacy Policy
Terms & Conditions
California Privacy Rights
Do Not Sell My Personal Information
Advertise on Art Market Monitor
 

Loading Comments...