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Masterpieces lead Saffronart’s 200th Auction

Saffronart’s upcoming Summer Online Auction marks an important milestone for India’s leading auction house. With its 200th auction, Saffronart consolidates eighteen years of expertise and leadership in pioneering art sales in India and abroad. To celebrate this momentous occasion, the auction house presents150 exceptional works of modern and contemporary Indian art. The artists represented span the evolution of the Indian art scene from the pre-Independence period to the present day, illustrating over a hundred years of art history. Each work epitomises the achievements of these artists, and has been chosen bearing in mind its provenance and historical contribution to Indian art.


Tyeb Mehta’s rare and iconic Kali (1989), one of only three standing figures, leads the auction at USD 3–4 million (INR 19.5–26 crores). A 1965Untitledcanvas by V S Gaitonde, estimated at USD 800,000 – 1.2 million (INR 5.2 – 7.8 crores), is among the top lots, and is one of his most important works from this decade. Raja Ravi Varma’s Untitled (Shiva) is a rare representation of Shiva as Dakshinamurthy. It was painted in 1903 towards the end of the artist’s illustrious career, and is estimated at USD 461,540–769,235 (INR 3–5 crores).A large, ochre canvas by Manjit Bawa is estimated at USD 500,000 – 700,000 (INR 3.25 – 4.55 crores). S H Raza’s Paysage Provencal – I (Cagnes), 1951, stands out for his the mastery over composition, and is estimated at USD 200,000–300,000 (INR 1.3–1.95 crores). Other notable modernists include Nandalal Bose, Gaganendranath Tagore, Mahadev Visvanath Dhurandhar, Amrita Sher-Gil, Anjolie Ela Menon, Ram Kumar, Akbar Padamsee, N S Bendre, F N Souza, Bhupen Khakhar, Arpita Singh and Zarina Hashmi.

K G Subramanyan, Untitled, Estimate – INR 8-10 lakhs (USD 12,310-15,385)


A strong sculpture section includes works by Himmat Shah, Sankho Chaudhuri, Prodosh Dasgupta, Meera Mukherjee, S Dhanapal andPiraji Sagara, who was represented at Art Dubai earlier this March. These artists are renowned for their bold experimentation and sensitive approach to the process of creating sculptures. Apart from these leading names, the auction also draws attention to less well-known artists whose work left a mark on the modern Indian art scene, thus diversifying the collection.
The contemporary section includes twenty-three works by the foremost practitioners in the field. The highlight of this section is Hungry God (2005-06), a large installation of stainless steel vessels by acclaimed contemporary artist Subodh Gupta. Gupta’s first retrospective solo exhibition in France, Adda / Rendez-vous, was unveiled in April 2018 at Monnaie de Paris, reinforcing his strong international presence.Further highlights include works by Anju Dodiya, Jagannath Panda, Justin Ponmany, Thukral and Tagra, N S Harsha, Alwar Balasubramaniam, Dhruvi Acharya and Rina Banerjee. The auction will take place on and is preceded by viewings of select lots in New Delhi, London and Mumbai. All lots can be viewed on the website. “Saffronart’s 200th auction presents an outstanding collection of modern and contemporary Indian art. From royalty to influential theatre directors, art critics and artist estates, the varied provenances underscore the significance of the lots on offer. Our collective goal is to build a stronger and more vibrant market for Indian art, and the collection on offer is testimony to this commitment. We would like to thank our collectors, consignors, gallerists, artists and fellow art-lovers for their support and encouragement, which has helped us get to where we are, and we look forward to their continued partnership in our efforts,” says Dinesh Vazirani, CEO and Cofounder, Saffronart.

Jagdish Swaminathan, Untitled, 1975, Estimate – INR 78 lakhs – 1.17 crores (USD 120,000 – 180,000)


Auction Dates-
13-14 June 2018 on

F N souza, Untitled, 1958, Estimate – INR 2-3 Lakhs (USD 3,080 – 4,620)

Viewings –

7– 19 May 2018
11 am – 7 pm, Monday to Saturday
11 am – 4 pm on Sunday (by appointment)
Saffronart, The Oberoi
Dr. Zakir Hussain Marg
New Delhi 110003

29 May – 14 June 2018
11 am – 7 pm, Monday to Saturday
11 am – 4 pm on Sunday 10 June (by appointment)
Saffronart, Industry Manor, Ground Floor
Appasaheb Marathe Marg
Prabhadevi, Mumbai 400025
7 – 14 June 2018
11 am – 7 pm, Monday to Friday
11 am – 3 pm on Saturday
Sunday by appointment
73 New Bond Street, 1st Floor
London, W1S 1RS

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