In Christie's ongoing Asian Art Week in New York, Manjit Bawa's Untitled Durga made $1,980, 000 a new global auction record for the artist. The sale also achieved the notable results for FN Souza's View From Crawford Market, Bombay, which was bought by a collector for $1,740, 000. This was nearly six times more than the estimate price.
Two other works that went beyond their low estimates were SH Raza's Untitled Houses sold for $756,000, five times its low estimate, and Akbar Padamsee's Rouen, which went for $756,000, three times its low estimate. Christie s auction records were achieved for artists Jeram Patel, Rummana Hussain, Rashid Choudhury, Ratan Parimoo, Vinod Rai Patel, Shanti Dave for a work on paper Jamini Roy for a textile and Zarina for a paper sculpture. The auction titled South Asian Modern Contemporary Art achieved a total of $11,978, 670. It was sold 100 per cent by lot and 263 per cent sold by lower estimate. The live auctions at Asian Art Week ended on March 24 but the online auctions are on March 30. There were more than 500 bidders from six continents who participated in the live auctions this year.
This has been a special Asian Art Week at Christie s. We were delighted to welcome so many friends back in person, offer them an extraordinary collection of pieces in all of our categories, and witness the market respond with excellent results across the board, said Tina Zonars, Co-Chairman of Asian Art, Christie s.
Christie's Asian Art Week New York has a total of $63,332, 004, led primarily by Chinese works of art. Also WATCH | Jungkook's Calvin Klein ad impresses BTS Army as K-Pop star becomes brand ambassador.