Visions Art

Indian sculptor fetches record price for artwork

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Share:Press Trust of IndiaWednesday, July 2, 2008 (London)An untitled sculpture by an Indian sculptor was sold for 1,945,250 pounds after being hotly contested by three bidders on telephone at Sotheby’s in London.The stunning piece crafted by Anish Kapoor soared above its pre-sale estimate of 1,000,000 to 1,500,000 pounds at the auction last night. This price […]

INDIAN SUMMER AT SOTHEBY’S LONDON THIS JULY

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Share:Source: antiques-collectibles-auction-news.com SOTHEBY’S SALE OF CONTEMPORARY ART TO FEATURE EXCITING WORKS BY LEADING INDIAN CONTEMPORARY ARTISTSINDIAN ARTISTS such as Subodh Gupta (b. 1964), Bharti Kher (b. 1969), Anish Kapoor (b. 1954), Raqib Shaw (b. 1974) and T.V. Santhosh (b. 1968) are an ever-growing force in Sotheby’s international sales of Contemporary Art – in addition to […]

Investors Turn to Art; Sales Make Record $1.1 Billion

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Share:By Scott ReyburnLondon auction houses sold a record 558.8 million pounds ($1.1 billion) of art including fees over two weeks, with buyers coming into the market seeking to make money as other investments stalled.The total, calculated by Bloomberg from auction house results, is the highest for Impressionist and contemporary sales in London, beating the 521.1 […]

High art prices may disguise malaise

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Share:MIKE COLLETT-WHITE LONDON — There are enough “recession-proof,” super-rich buyers to push soaring prices for the best works of art still higher, experts predict, but the picture is less rosy at the lower end of the market.And in a world where perception is everything, values for even the world’s most sought-after artists could come back […]

Books can reap money by Riddhi Doshi and Shanaya Lalkaka

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Share:International auction houses right from Sotheby’s and Christie’s to Indian auction houses like Osian’s, are scurrying to organise auctions that offer rare books. At the upcoming Osian’s auction many rare Indian works on modern masters such as Raja Ravi Varma, Ravindranath, Amrita Sher-Gil, Ismat Chughtai, George Keyt, MF Husain and FN Souza among others will […]

Art World Update

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Share:July 3, 2008 in The “Art World” | Tags: art, art prices, art world, Globe and Mail, Mike Collett-White | There are enough “recession-proof,” super-rich buyers to push soaring prices for the best works of art still higher, experts predict, but the picture is less rosy at the lower end of the market. And in […]

Art market may be less rosy than top sales suggest

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Share:By Mike Collett-White LONDON (Reuters) – There are enough “recession-proof”, super-rich buyers to push soaring prices for the best works of art still higher, experts predict, but the picture is less rosy at the lower end of the market. And in a world where perception is everything, values for even the world’s most sought-after artists […]

Booming Times

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Share:The Jakarta Post The Indian art market is reaching new heights. Pavan Kapoor visits the subcontinent to find out what is fueling the boom.Indian art has formally arrived in its role as a financial asset. This is apparent as I walk into the pulsating Habitat Center, the 5000 sq feet complex in New Delhi which […]

Splendour in the grass

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Share:From Economist.comThe beautiful bubble of St James’s Square JEFF KOONS is a big baby. The 53-year-old American artist is entranced by balloons, toy rabbits and big-eared puppy dogs. For nearly two decades he has used these images to create outsized, over-the-top kitsch sculptures finished to magnificent, shiny Brancusian perfection in a foundry in Germany. One […]

Is Bacon in more demand than Picasso?

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Share:AS Sotheby’s and Christie’s gear up for their famously extravagant summer contemporary art sales, the mood is mixed.Last October’s evening sales at Christie’s saw earnings of £34.87m for the auction house and the art world was paddling about in a Frieze-Week sea of champagne; last June the credit crunch was a distant rumour and the […]

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