Hail these grand sales!

The month of March brought big bucks to the world of Indian art.

The month of March brought big bucks to the world of Indian art. As two leading art houses made over 150 artworks go under the hammer, many sold for double the estimated prices, while new record prices were attained. At the Osian’s Master-pieces Series Auction, sales accumulated over Rs 18 crore while the online auction house, Saffronart garnered sales worth Rs 21 crore. HT City takes a quick look at some record prices

HT Image

Osian’s Master Sale
Sale name: Osian’s Masterpieces Series Auction
Date: Mumbai, March 20
Total sale: Rs 18.73 crore
Sale of lots: 58 per cent

Highest bids: Tyeb Mehta’s Mahishasura — Rs 4.56 crore
Akbar Padamsee’s Christ — Rs 1.92 crore
SH Raza’s Germination — Rs 1.56 crore

Spring sale
Sale name: Saffronart’s Spring Art Auction
Date: March 16
Total sale: Rs 21 crore
Sale of lots: 75 per cent

Highest bids: MF Husain’s Untitled work —Rs 2.01 crore
Akbar Padamsee’s Prophet — Rs 1.25 crore
Subodh Gupta’s Doot — Rs 1.75 crore
FN Souza’s Decomposing Head — Rs 1.57 crore