Souza artwork sets record at London Auction
Published June 13th, 2008
Christie’s sale of Modern & Contemporary art in London has seen Souza’s 1955 work, Birth, fetching £1,273,250, it was estimated at £600,000-800,000.
The price is the highest ever paid for a painting by an Indian artist, and bests Christie’s previous record of $1.6 million for Tyeb Mehta’s Mahisasura in 2005.
Christie’s international director for Indian art, Hugo Weihe, said the auction “demonstrates the exciting growth of this market”, and that “London is a key platform for the category”.
“We are now looking forward to offering Syed Haider Raza’s La Terre at Christie’s London Post War and Contemporary Art Evening sale on 30 June,” says Hugo Weihe. “It’s another fantastic, museum-quality work,” says Grewal from London, “we think it will sell at a record price too.”
Overall, the sale generated £5,432,050 and saw 70% of the lots sold.
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