Bhupen Khakhar

On the Swing

Found at Christies, New York (Online Auction)
South Asian Modern + Contemporary Art Online, Lot 19
15. Mar - 30. Mar 2022
Estimate: 15.000 - 20.000 USD
Price realised: 25.200 USD
BHUPEN KHAKHAR (1934-2003)
On the Swing
signed, dated and inscribed in Gujarati and titled 'on the swing' (lower left)
watercolor on paper
14 3 ⁄ 4 x 14 7 ⁄ 8 in. (37.5 x 37.8 cm.)
Executed in 1999

Upper estimate price exceeded by 26 %.

In March last year Christies in New York held the auction South Asian Modern + Contemporary Art Online, which included the work On the Swing by Bhupen Khakhar. The »bidding war« ended at USD 25,200.00 (€ 22,717.03), 26% above the upper estimate. Of course, this price has nothing to do with the top prices that other works by Bhupen Khakhar achieve. The highest price we have observed so far was reached by the work Residency Bungalow in June this year with an auction result of GBP 1,984,400.00 (€ 2,309,499.96).

Oberer Schätzpreis um 26 % übertroffen

Im März letzten Jahres führte Christies in New York die Auktion South Asian Modern + Contemporary Art Online durch, in der auch die Arbeit On the Swing von Bhupen Khakhar zur Versteigerung kam. Das »Bietergefecht« endete beim Preis von USD 25.200,00 (€ 22.717,03) und damit 26% über dem oberen Schätzpreis. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Bhupen Khakhar erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit Residency Bungalow im Juni diesen Jahres mit einem Auktionsergebnis von GBP 1.984.400,00 (€ 2.309.499,96).

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