From rxpgnews.com
Tyeb trumps Sotheby's sale
By IANS,
Mar 23, 2007 - 2:01:06 PM
New York, March 23 - Sotheby's sale of Indian art, including miniatures and modern paintings and featuring around 170 lots, brought in $15 million - - a record for Indian art by the auction house.
The top lot was Tyeb Mehta's 'Falling Figure', 1987, lot 114, which went for $1.1 million - to an Asian private dealer here Thursday.
The second highest was lot 47, V.S. Gaitonde's untitled work of 1970 that sold for $779,200 from a $500,000-700,000 estimate. Lot 94, 'Captives' - a 1989 work by Rameshwar Broota - went to an anonymous buyer for $779,200 from an estimate of $350,000-$450,000.
Lot 16, a 1958 still life belonging to F.N. Souza, sold for $712,000 to a European buyer from an estimate of $500,000-$700,000. Then came another work by Souza - an untitled work of 1957 from lot 22 - that sold for $504,000 from an estimate of $200,000-$300,000.
At lot 20 was S.H. Raza's 'Village en Provence', 1957, which sold for $504,000. Akbar Padamsee's 2005 work 'Mirror Image' at lot 118 sold for $480,000 from an estimate of $400,000-$600,000. M.F. Husain's untitled 1969 work at lot 32 sold for $432,000 from an estimate of $200,000-$300,000.
Paintings and sculptures by Souza, Husain, Raza, J. Swaminathan, Gaitonde, Broota, Krishen Khanna, Arpita Singh, Himmat Shah and Mrinalini Mukherjee were the highlights of the sale, which was rounded off by a fine group of 25 Indian miniatures.
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