Indian modern art stood test of time sold for crores
The auction held here on Thursday saw a total sale value of Rs 42.5 crore. The live sale had art collectors and connoisseurs bidding on the works with few online bids.
Among others works by V.S. Gaitonde M.F. Husain S.H. Raza Akbar Padamsee and F.N. Souza were up for grabs.
The sale was led by Gaitonde s "Untitled" work (1975) which sold for close to Rs 15.4 crore. Another work by Raza -- "Village en Provence" (1957) -- sold for close to Rs 4 crore Saffronart said in a statement.
Another painting grossing an amount close to Rs 5 crore was Husain s artwork "Mother Teresa" (1989).
The Evening Sale results reflect the "continued global interest in modern Indian masters" Saffronart CEO Dinesh Wazirani said adding that these works created during a transformational period in Indian art history have stood the test of time.
--IANS sj/mag/sed