Bhupen Khakhar

Portrait Of Shri Shankerbhai V. Patel Near Red Fort

Found at Sothebys, London
Modern and Contemporary South Asian Art, Lot 40
29. Sep - 29. Sep 2020
Estimate: 260.000 - 450.000 GBP
Price realised: 2.011.500 GBP
PROPERTY FROM THE ESTATE OF BHUPEN KHAKHAR
BHUPEN KHAKHAR
1934 - 2003
PORTRAIT OF SHRI SHANKERBHAI V. PATEL NEAR RED FORT
Oil on canvas
90.1 x 90.1 cm. (35 ½ x 35 ½ in.)
Painted circa 1971

Artwork auctioned at four times the upper estimate price

The work Portrait Of Shri Shankerbhai V. Patel Near Red Fort by Bhupen Khakhar was worth GBP 2,011,500.00 (€ 2,218,005.76) to a buyer in September 2020. This price was achieved in the auction Modern and Contemporary South Asian Art at Sothebys in London and exceeded the previously set upper estimate of GBP 450,000.00 many times over. Despite this good result, it is not the highest hammer price for an artwork by Bhupen Khakhar; that achieved among the auctions we observed the lot Residency Bungalow sold at auction in June this year with the realized price of GBP 1,984,400.00 (€ 2,309,499.96).

Kunstwerk zum Vierfachen des oberen Schätzpreises versteigert

Die Arbeit Portrait Of Shri Shankerbhai V. Patel Near Red Fort von Bhupen Khakhar war einem Käufer im September 2020 GBP 2.011.500,00 (€ 2.218.005,76) wert. Dieser Preise wurde in der Auktion Modern and Contemporary South Asian Art bei Sothebys in London erzielt und übertraf den zuvor angesetzten oberen Schätzpreis von GBP 450.000,00 um ein Vielfaches. Trotz des guten Ergebnisses ist dies nicht der höchste Zuschlag für ein Kunstwerk von Bhupen Khakhar; den erzielte unter den von uns beobachteten Auktionen die Arbeit Residency Bungalow im Juni diesen Jahres mit dem Hammerpreis von GBP 1.984.400,00 (€ 2.309.499,96).

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