Sotheby’s sale of emerging Indian artists takes over $ 1.8 million
Published September 23rd, 2006
Sotheby’s first dedicated sale in New York of works by young Indian contemporaries, including works by Atul Dodiya and Jitish Kallat, fetched an astounding $1,818,780 - an all-time high.
The sale featured 58 lots by young cutting-edge artists in a variety of media and went far beyond the high estimate of $1.5 million.
Artists whose works set records were Jitish Kallat and Sudarshan Shetty. The sale was 97.7 per cent sold by value and 93.1 per cent sold by lot. Of the 58 lots offered, only four failed to find buyers.
“Today’s results of our inaugural sale affirm that Indian contemporary art deserves its own spotlight in New York. The sale attracted participation from around the world from new and established buyers,” said Zara Porter Hill, director and head of Sotheby’s Indian and Southeast Asian department.
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