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Art collectors in North America are increasingly wary of fraud and provenance issues as the primary risks to their prized collections, outpacing worries about damage during travel and natural deterioration, according to a comprehensive wealth report released by Chubb, a leading insurance company. Investment and Collecting Trends The report, based on a survey of 800 […]
Les Lalanne is the term given to address the French artists couple Francois-Xavier and Claude Lalanne. Born in Agen, France, Francois Xavier Lalanne became interested in sculpting after attending school in Paris and working at the Louvre. In 1952, Constantin Brâncuși introduced him to prominent painters, whereupon he met Claude, his future wife. Rejecting abstract
Les Lalanne: The Global Appeal of Whimsical Surrealism Read More »
On August 31, an SH Raza acrylic on canvas, titled Gestation (1989), became the most valuable Indian artwork ever sold at an auction. It went for an astounding Rs 51.75 crore, including commissions. The same day, two more records were made. FN Souza’s oil painting, Hunger, fetched Rs 34.5 crore, marking a new pinnacle for the artist,
Prices Rise to Record High As the Scale of Indian Art Burgeons After Covid Read More »
What is Soft Power? In its fundamental essence, ‘power’ encapsulates the capacity to effect change and exert influence over others, persuading them to act in ways they might not have independently chosen. These insights are drawn from the scholarly work of Joseph Nye, a political activist in the 1980s, at Harvard University, who delved into
It is a season of records for Indian art. On August 31, SH Raza’s “Gestation” became the most expensive Indian painting sold at an auction. Ten days later, Amrita Sher-Gil broke his record with her 1937 oil on canvas titled “The Story Teller”. The Current State of the Indian Art Market The Indian art market
Young Art Enthusiasts: Global Acknowledgement is Propelling Indian Art Read More »
Indian Art has found itself on a high this year. In August, SH Raza’s ‘Gestation’ went for Rs 51.75 crore at Pundole’s Mumbai auction, setting a new record for an Indian artwork. Less than two weeks later, Amrita Sher-Gil’s ‘The Story Teller’ (1937) topped that by fetching a stupendous Rs 61.8 crore at Saffron art’s
The Fine Art of Selling: Indian Artworks Fetching Record Prices Read More »
Art auction houses, which saw a slump in business a decade ago, are uncorking the bubbly and celebrating a red-hot market today. Close to 60% of the works sold this year in March went for prices higher than upper estimates, according to the Indian Art Investor, an art market advisory based in Delhi. Gallerists, auctioneers
A Statistical Analysis of the Rampant Rise in Indian Art Read More »
Introduction Contemporary artists, through their brilliant works of art, could not just draw collectors’ interest but increase the overall worth of the Indian art market manifold. While art has often been referred to as an ‘alternative’ or ‘non-traditional’ form of investment, the evolution of the Indian art market since the advent of the 21st century
Top Artists To Watch In 2023 Amid The Indian Art Market’s Exponential Growth Read More »
FY23 Sets New Records The Indian art market is experiencing a remarkable resurgence, with FY23 marking a blockbuster year for art auctions. The momentum shows no signs of slowing down in FY24. September saw a historic Sayed Haider Raza painting sale, fetching an astounding Rs 51.75 crore followed by Amrita Sher-Gil’s The Story Teller fetches
India’s Art Market Soars as Mumbai Prepares for Inaugural Art Fair Read More »
Historic Moment in Indian Contemporary Art A remarkable month for Indian contemporary art reached its zenith with a groundbreaking auction on Saturday at The Oberoi, New Delhi. The star of the show was an Amrita Sher-Gil painting titled “The Story Teller,” signed and dated 1937, which fetched an astounding ₹61.8 crore. This remarkable sale etched