Art Market Monitor

Global Coverage ~ Unique Analysis

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

Tyeb Record Leads Saffronart’s $11.38m Spring Auction

June 25, 2018 by Marion Maneker

Last week, Saffronart held their Summer auction with the Tyeb Mehta’s Kali as the lead lot. Saffron previously sold the work eleven years ago for nearly $1m. This time around the painting made just about $4m. That’s not a bad return especially considering that the market for South Asian art had cratered for a time in the interim.

Saffronart Live Sale = $5.8m

March 3, 2014 by Marion Maneker

SH Raza, Haut de Cagnes (500-800k USD) 942,623 USD

Saffronart held a life evening sale last month that had a strong result. More impressive still was the day sale where all 70 lots sold for an additional $880,525.

Saffronart Live Results 21514

Christie’s NY South Asian Mod + Cont = $5.096m

September 18, 2013 by Marion Maneker

Vasudeo S. Gaitonde, Untitled ($180-250k) $315,750
Akbar Padamsee, Untitled (Townscape) ($80-100k) $147,750
George Keyt, Bhima and Jarasandha (T50-70k) $147,750
Akbar Padamsee, Untitled (Male Bust) ($50-70k) $99,750
George Keyt, Alingana (The Embrace) ($30-50k) $68,750
Satish Gujral, Untitled (46-8k) $32,500

Saffronart Spring Sale = $2.45m

March 30, 2013 by Marion Maneker

FN Souza, Last Howl from the Cross $275,650

Saffronart Spring 2013 Results
Saffronart Spring 2013 TT Subodh Gupta, Untitled $204,000

India’s Art Market Concentrates at the Top Too

July 10, 2012 by Marion Maneker

The Hindu’s Business Line looks at the Indian art market and provides us with this handy chart of the top vendors in the space. Like all other art markets, there’s been a crowding at the top around works that are considered the very best from the most established names (and a few names finally making it into the top rank:)

In 2008, when the investment-driven art market crashed, 70 per cent of the Indian art market was led by contemporaries and only 30 per cent by masters. “Today, it is 90 per cent masters. […],” said Ajay Seth, Chief Mentor, Copal Art. […]

“For the last three years, the auction houses’ trend has been that 80 per cent of lots sold are related to masters,” says Seth.

In India, a wider number of masters (besides Husain, Raza and Souza) are not only appearing more frequently at various auctions but are also creating new benchmarks. “We have many examples, such as Jehangir Sabavala, Akbar Padamsee, to name a few. Indian masters are getting wider acceptability,” adds Seth.

In a Slowing Economy, Masterpieces Flourish (The Hindu Business Line)

Next Page »
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...