Abirpothi

art market

Art Dealers Navigate Challenges and Seek Innovation to Sustain Market Appeal. But, How?

In the face of well-known challenges, including dwindling supply, perceived irrelevance, and investment concerns, the Old Master art market grapples with a supposed irreversible decline. Critics argue that the traditional appeal of these works doesn’t resonate in today’s art landscape, leading to a decline in interest and market value. Dynamics of Discovery: A New Driver […]

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Art Fraud Tops List of Concerns for Collectors, Surpassing Travel Damage and Environmental Disasters

 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

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Les Lalanne: The Global Appeal of Whimsical Surrealism

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

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Prices Rise to Record High As the Scale of Indian Art Burgeons After Covid

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,

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Indian Art Forms as Soft Power: How Indian Art Forms Contribute to India’s Influence Abroad.

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

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Young Art Enthusiasts: Global Acknowledgement is Propelling Indian Art

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

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Top Artists To Watch In 2023 Amid The Indian Art Market’s Exponential Growth

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

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India’s Art Market Soars as Mumbai Prepares for Inaugural Art Fair

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

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