Art market, auctions: India
This is a collection of articles archived for the excellence of their content.
2005: Tyeb Mehta
See graphic, ‘Prices paid for Indian art in 2005’
2007: Raqib Shaw
See graphic, ‘Prices paid for Indian art in 2007’
2008: Souza, Gupta
See graphic, ‘Prices paid for Indian art in 2008’
2009: the top 5
See graphic, ‘Top 5 artists based on painting sales: 2009 ‘
2010, 2013: Gaitonde, Raza, Arpita, Kher
Prices paid for Indian art in 2010
2018: Tyeb Mehta, Sher-Gil
In a new record for celebrated artist Amrita Sher-Gil, her work ‘The Little Girl in Blue’— a 1934 portrait of her cousin, which her cousin’s mother had not liked—fetched Rs 18.7 crore at auction house Sotheby’s inaugural event in Mumbai. Previously, a Sher-Gil work had fetched Rs 18.2 crore.
While the Sher-Gil painting drew maximum interest, the other major draw was Tyeb Mehta’s masterpiece Durga Mahishasura Mardini, a rare painting depicting Goddess Durga defeating the Buffalo Demon. It earned the evening’s highest bid at Rs 20.5 crore. The record for a Tyeb Mehta yet is Rs 26.4 crore.
The landmark auction titled ‘Boundless: India’ marked Mumbai as Sotheby’s 10th sale location in the world and boasted an assortment of 60 precious lots priced between Rs 60,000 and Rs 20 crore.