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: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 […]
Share:Monday 14th of April 2008 Francis Newton Souza’s ‘The Red Road’, estimated at 250,000-350,000 pounds (approx. $495,000-$695,000), is one of the key highlights of Sotheby’s Indian sale to be held May 2 here. The sale will present 120 lots of exceptional quality tracing the course of Indian art over the last century. It will encompass […]
