August 24, 2014 12:26:10 am
In March this year, to fuel the steadily growing demand for art auctions in the country, Pundole’s launched a new gallery space in Mumbai.
The 4,000-square-foot space in Tanna House, Colaba, is meant solely as a viewing space for auctions. So after a successful first sale of fine arts in March, Pundole’s is hosting its second on August 26 and 27 at Jamshed Bhabha Theatre, the National Centre for the Performing Arts.
“This time there will be priceless decorative pieces. So along with fine art masterpieces, there will be a large collection of of antiquities, silver, vintage glassware, rugs, antique furniture and also some rare first-edition books,” says Dadiba Pundole, Director of the auction house Pundole. All 272 lots for sale are now open for viewing till August 26 at the Colaba gallery. Few days before the auction, Dadiba picks his favourites: a characteristic Manjit Bawa work estimated at Rs 1.5-2.5 crore and a six-panelled mural by MF Husain with the same estimated price. After the fine arts sale on August 26, the next day will be dedicated to decorative arts.
Among the highlights is the collection of blue-leather bound first editions of The Jungle Book and The Second Jungle Book, which are estimated at Rs 1.2-1.8 lakh together. There is also the first edition of The Golden Book of Tagore, a collection of works done by various artists. Antique silverware from mid- 19th century will also be a part of the auction.
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