Updated: June 3, 2016 9:27:20 pm
An untitled work by Amrita Sher-Gil leads an upcoming sale by modern and contemporary Indian artists by leading auctioneer Saffronart, which has put together a total of 109 artworks.
With a presale estimate of Rs 21.78 crores to Rs 29.46 crores (USD 3.35 million – 4.5 million), the Saffronart Summer online auction on June 8th and 9th bring significant lots from some of the country’s earliest and most important collectors.
Sher-Gil’s Untitled (Zebegeny Landscape) has been estimated between Rs 3.9 crore to Rs 5.2 crores (USD 600,000 – 800,000).
Sher-Gil was the country’s foremost woman artist, whose brief career spanning just over a decade had a deep impact on Indian art.
Made in 1931, the landscape was painted during a summer holiday she spent in the Hungarian village of Zebegeny on the banks of the Danube.
“It demonstrates Sher-Gil’s artistic confidence and maturity at a young age”, auctioneers said.
Among the highlights is a 1953 painting by V S Gaitonde, estimated between Rs 52 lakhs to Rs 65 lakhs (USD 80,000 – 100,000), from the collection of Bilwa Chowdhury and Eleonore Chowdhury Haberl.
The Chowdhury’s were among the earliest collectors of Indian art and were involved in the nascent stages of the development of Modern Indian art and have built a significant art collection over the decades, much of which is now in Mumbai and Vienna.
The Gaitonde work on auction was part of the retrospective,’Painting as Process, Painting as Life’, at the Guggenheim Museum in New York.
Also, once part of their collection is an early landscape painting by Ram Kumar, estimated between Rs 65 lakhs to Rs 97.5 lakhs (USD 100,000 – USD 150,000), marking his transition to abstract painting.
F N Souza’s Untitled (after Titian’s Venus of Urbino and Manet’s Olympia) is an oil on board estimated between Rs 1.1 crore to Rs 1.3 crore (USD 170,000 – USD 200,000).
A seminal 1959 painting by K K Hebbar titled Tile Factory, is estimated between Rs 16.25 lakhs to Rs 22.75 lakhs (USD 25,000 – USD 35,000).
Also included in the sale are sculptures by Himmat Shah and Sankho Chaudhuri and works by masters such as S H Raza and M F Husain.
A stainless steel installation by Subodh Gupta, estimated between Rs 97.5 lakhs to Rs 1.3 crores (USD 150,000 – USD 200,000), is among the highlights of Contemporary Indian art.
The selection further includes work by G Ravinder Reddy, Baiju Parthan, Sudarshan Shetty and Jitish Kallat.
“The sale presents a very attractive and carefully considered selection, that offers something for collectors at all stages and at different price points. Many works have excellent provenances and there are many rare and well-priced opportunities for art lovers”, says Hugo Weihe, CEO, Saffronart.
The auction is preceded by select viewings in Mumbai and London.
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