Sotheby’s is trying breathe new life into the Modern and Contemporary Indian market with a New York single-owner sale in March, an evening sale no less:
Consigned by esteemed collector and author, Amrita Jhaveri, the collection comprises important Modern & Contemporary Indian Art produced during the second half of the 20th Century through to the early 21st. The sale offers some of the finest examples from the oeuvres of key artists, including highly sought-after and important works by 20th Century Modernist Masters Maqbool Fida Husain, Tyeb Mehta, Francis Newton Souza, Sayed Haider Raza, and Vasudeo Gaitonde, many of which have been extensively published and exhibited internationally.
The auction of 43 lots is estimated at approximately $5 – 7 million, and works will be exhibited in New Delhi, London and New York in advance of the sale. Proceeds from the sale will underwrite a project space and lecture room at Khoj International Artists’ Association in New Delhi. Amrita Jhaveri is also supporting museum initiatives in the collecting area of South Asian art by donating a work by sculptor Mrinalini Mukherjee to the Tate Modern.
