Visions Art

Two art auctions next week could heat up the market

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Share:Kishore Singh In 2007, when a Mumbai-based art gallery released a set of 18 limited edition serigraphs of painter Jehangir Sabavala, the sceptics among collectors sniggered about what they perceived as manipulation of prices. In the time the exhibition-cum-sale moved from Mumbai to Delhi, the prices of the smaller of the serigraph prints (16’x24.4′) had […]

Chinese art may face bubble trouble as prices soar

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Share:Reuters, Thursday June 12 2008 By Simon Rabinovitch BEIJING, June 12 (Reuters) – When Chinese artist Yue Minjun sold his painting "Gweong Gweong", inspired by the bloody Tiananmen Square crackdown in 1989, he received $5,000. That was in 1994. Fourteen years later, the painting of toothy men dropping like missiles from war planes over Tiananmen, […]

Indian art work fetches record price at Christie’s

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Share:London, Jun 12 (PTI) A work of art by Indian artist Francis Newton Souza has fetched a world auction record price of 1,273,250 pounds at the Christie’s here. "Amongst the masterpieces offered, Francis Newton Souza’s ‘Birth’ (1955) realised 1,273,250 pounds, setting a new world auction record for the artist and for any Indian Modern and […]

Valuing art: The role of provenance and auction

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Share: D. Murali and Kumar Shankar Roy Chennai: The French verb provenir means to come from/stem from, referring to the source. Art is perhaps one of the very few asset classes, where valuations depend so much on its source. This explains why ‘provenance’ (pronounced as ‘prov-uh-nuhns’) attains overriding logic. Comparative techniques, expert opinions, written and […]

London sees a new spring of Indian art

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Share:KOLKATA: Indian art has created a wave at the Sotheby’s auction in London. The auction has scaled a total sale value of £4.290 million. This is well above the highest presale estimate of £3.4 million. F N Souza’s oil on canvas, The Red Road, has swung the tallest price of £5,80,000 against an estimate of […]

Contemporary Indian art – an explosive market

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Share: In the mid 1990s, strong economic growth in India flushed out a new generation of collectors looking to invest in the art of fellow Indians. Today, demand is global and rising, fuelled by a very speculative environment with tempting opportunities for quick in and out trading. The new stars of Indian art are sought […]

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