Bonham’s is excited by the success of their Sabavala in London’s Indian Modern and Contemporary sale:
The highlight of the sale was Jehangir Sabavala, Vespers I which had been estimated to sell for £100,000-150,000, but two buyers in the room pushed it to £253,650. […] Mehreeen Rizvi, Head of Modern and Contemporary South Asian Art at Bonhams commenting after the sale, said: ”It is about time this artist achieved commercial success in the art market to mirror his artistic reputation.”
The second highest price achieved in the sale was a work by the renowned Indian artist M.F. Husain titled The Blue Lady which made £97,250 against a pre-sale estimate of £70,000-90,000. It was from the private UK collection of Mr. John Hay, having been presented to Hay’s mother Elizabeth Partridge by her sister as a wedding present in India.