Share: By Sonia Kolesnikov-Jessop (The New York Times) 29 June 2008 SINGAPORE — Daniel Komala had just returned from Art Basel, the world’s largest fair of modern and contemporary art, and he was not too enthused by what he saw. "Some interesting pieces, but surprisingly a lot of bad art and a […]
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, […]
Share:By Adam Majendie June 12 (Bloomberg) — Francis Newton Souza’s painting “Birth” sold for 1.27 million pounds ($2.5 million) at a Christie’s International sale yesterday in London, an auction record for Indian modern and contemporary art. The 1955 work beat the auction house’s high presale estimate of 800,000 pounds in a sale of South Asian […]
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 […]
Share: By Scott Reyburn 6 (Bloomberg) — Collectors from Russia, Asia and the Middle East are splashing out at Switzerland’s Art Basel, making up for reduced demand from U.S. visitors, exhibiting dealers said. Sales are running at similar levels to last year, they said on the third day of the world’s largest fair of modern […]
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 […]
Share: Your friend tanu jindal sent you a link to A new wave of Indian artists Dear tanu jindal saw this article on Emirates Business24|7 and thought you would be interested. tanu jindals message: 6/3/2008 A new wave of Indian artists Indian art is much in demand as the world wakes up to its merit and […]
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 […]
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 […]
