Abirpothi

India’s only daily art newspaper

Art Market

Claude Monet’s Iconic ‘Le bassin aux nymphéas’ to be Auctioned at Christie’s with $65 M. Estimate

Introduction Christie’s, a renowned name in the art world, has made an announcement, revealing that Claude Monet’s celebrated painting, ‘Le bassin aux nymphéas’ (1917-1919), will take centre stage at its 20th Century evening sale in New York this coming November. The masterpiece, adorned with a guarantee, is estimated to fetch an impressive $65 million. An …

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Tribute to India’s Last ‘Master Printmaker’ – Devraj Dakoji’s Retrospective at NGMA Bengaluru

Introduction The National Gallery of Modern Art (NGMA) in Bengaluru is currently hosting a retrospective exhibition that pays homage to one of India’s legendary master printmakers, Devraj Dakoji, who, at the age of 79, stands as the last of his kind. This remarkable exhibition, on display until October 10, features over 600 works from the …

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Breaking Taboos: LGBTQ Artists Challenge Norms and Inspire Change in Pakistan

Introduction Art in Pakistan has a long history of providing a unique commentary on social issues and pushing boundaries. However, like in many countries, the art market often remains curated and exclusive, catering primarily to the privileged elite, which results in a limited range of themes, styles, and aesthetics. In this context, the Pakistan Art …

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From Rising Soccer Star to Art Thief Extraordinaire: The Man Who Stole The Scream’s Tale of Crime and Redemption

In 1985, at just 18 years old, Pal Enger marked his debut in Norway’s Eliteserien, the country’s premier football league, playing for Valerenga. Little did the world know that his love for crime and a twisted sense of history would lead him down a path of audacious heists and eventual redemption. A Childhood Obsessed with …

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Art as an Investment: Insights from the Indian Art Market’s Growth and Investment Potential

Data from the Indian market shows how phenomenally the market has grown over the past 20 years. While hitherto art was mostly considered a collectable and a luxury item, it has slowly and steadily moved into the category of capital asset, which by its very definition provides benefits over a long period of time. There …

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Shanghai’s Long Museum Founders to Sell $150 Million Worth of Art at Sotheby’s

Introduction Renowned billionaire collectors Liu Yiqian and Wang Wei, founders of Shanghai’s prestigious Long Museum, are set to make a significant impact in the art world by selling an estimated $150 million worth of art through Sotheby’s auction. This move comes as a surprise, given their stature in the art scene. The Long Museum, which …

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The Artistic Revolution of Banksy: Bridging the Gap Between Street Art and Fine Art

Introduction Most societies have long held a view that graffiti and street art are forms of vandalism, associated with rebellious teenagers and criminals, characterised by spray-paint defacement. On the other end of the spectrum, “fine art” traditionally includes 17th-century paintings and sculptures that are traded within elite auction halls. These two forms of art—street and …

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Exploring the Vision of Qatar Museums Chair in “The Guardians of Art: Conversations with Major Collectors”

Introduction A new publication, “The Guardians of Art: Conversations with Major Collectors,” authored by collector Dani Levinas, offers a captivating glimpse into the realm of art collecting through rare insights shared by Sheikha Al-Mayassa bint Hamad bin Khalifa Al Thani, the distinguished chair of Qatar Museums. This unprecedented interview delves into Al-Mayassa’s perspectives on art, …

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Antiquities Trafficking: Debunking the Myth of the “Third Largest Illicit Trade”

The claim that the illicit antiquities trade is the “third largest illicit trade in the world” has been widely circulated for over five decades. However, new research by archaeologists Donna Yates and Neil Brodie sheds light on the origins of this factoid and exposes its lack of verifiable evidence. The study, published in the peer-reviewed …

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