A. Balasubramaniam

Untitled (Diptych)

Found at Sothebys, Mumbai
Boundless: India, Lot 58
15. Nov - 15. Nov 2019
Estimate: 1.200.000 - 1.500.000 INR
Price realised: 1.375.000 INR
A. Balasubramaniam
B. 1971
UNTITLED (DIPTYCH)
Quantity: 2
Signed and dated 'A Balasubramaniam 2001' on reverse
Screenprint with metallic pigment on paper laid on board
38.1 x 81.3 cm. (15 x 32 in.)
Executed in 2001
Saffronart, 3-4 September 2008, lot 14

Auction result well in line with expectations

The work Untitled (Diptych) by Alwar Balasubramaniam was sold in the Boundless: India auction at Sothebys in Mumbai in November 2019. The price achieved of INR 1,375,000.00 (€ 17,345.04) was within expectations - the estimate range had previously been set by the auction house as INR 1,200,000.00 – 1,500,000.00. Admittedly, works by Alwar Balasubramaniam have also been auctioned for a multiple of this price - according to our records, the highest result so far was achieved by the work Gravity in December 2014 with an auction result of INR 11,025,000.00 (€ 143,950.91).

Auktionsergebnis im Rahmen der Erwartungen

Die Arbeit Untitled (Diptych) von Alwar Balasubramaniam wurde im November 2019 in der Auktion Boundless: India bei Sothebys in Mumbai versteigert. Der dabei erzielte Preis von INR 1.375.000,00 (€ 17.345,04) lag im Rahmen der Erwartungen – die Schätzpreisspanne war von dem Auktionshaus zuvor mit INR 1.200.000,00 – 1.500.000,00 angegeben worden. Freilich wurden Arbeiten von Alwar Balasubramaniam auch schon für ein Vielfaches dieses Preises versteigert – das bisher höchste Ergebnis erzielte nach unseren Aufzeichnungen die Arbeit Gravity im Dezember 2014 mit einem Auktionsergebnis von INR 11.025.000,00 (€ 143.950,91).

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